Portland, Oregon, August 8, 2019 / PRNewswire / – Allied Market Research published a report titled “U.S. Cell Phone Accessories Market By Product Type (Headset, Speakers, Battery, Power Bank, Battery Case, Chargers, Protective Case, Screen Protector, Smart Watch, Fitness Bracelets, Memory Card, and AR and VR Headsets): Opportunity Analysis and industry forecast, 2019-2026.The report provides a detailed analysis of drivers and opportunities, changing market trends, competitive market scenario and market size and estimates. According to the report, the US mobile phone accessories market was valued at $ 28.52 billion in 2018 and should hit $ 74.43 billion by 2026, the registration of a 13.7% CAGR in 2019-2026.
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The increasing demand for mobile phones in the United States and the rapid production of flexible, economical and convenient portable devices are fueling the growth of the United States mobile phone accessories market. In addition, there has been a sharp increase in the use of advanced electronic devices in North America due to constant technological advancements and the growing need for LTE and cloud technologies. Finally, the fact that wireless accessories tend to offer seamless connectivity to the digital world should create a number of lucrative opportunities for the major players in the industry.
The headphone segment held the largest share in 2018-
On the basis of product type, the headphone segment contributed almost a quarter of total market revenue in 2018 and is expected to retain its lion’s share over the study period. The availability of improved technological advancements in headphones has spurred growth. AR & VR headsets, on the other hand, are expected to grow at the fastest CAGR of 37.0% throughout 2019-2026. The growing population of gamers in the region is expected to propel the growth of the segment.
Key players in the industry
The key market players analyzed in the report include Bose Corporation, BYD Company Limited, Energizer Holdings, Inc., Panasonic Corporation, Apple Inc., Sony Corporation, Samsung Electronics Co. Ltd., JVC Kenwood Corporation, Plantronics, Inc. and Sennheiser Electronics GMBH & Co. KG . Incorporating a number of high-end strategies including expansions, mergers and acquisitions, partnerships, joint ventures, collaborations and others, these market players have become able to strengthen their position in the industry.
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