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Rising Adoption of Smart Devices to Drive India Mobile Accessories Market until 2023

Growing adoption of smart devices, declining prices of mobile accessories, coupled with rising number of technological advancements to drive India mobile accessories market through 2023

According to TechSci Research report, India Mobile Accessories Market By Product Type, By Distribution Type, By Price Range, Competition Forecast & Opportunities, 2013-2023’’, mobile accessories market in India is witnessing significant growth on account of increasing penetration of smart devices coupled with rising demand among customers for safe and secure mobile accessories. Consequently, the mobile accessories market in the country is project to grow at more than 10% CAGR until 2023. Rising inclination of customers towards online streaming as well as concept of Bring Your Own Device (BYOD), is also anticipated to accelerate the penetration of smartphones across India in the coming years, thereby further propelling growth in India mobile accessories market. Additionally, continuing technological advancements in mobile accessories market are further expected to boost product sales in the coming years.

Browse 46 market data Figures spread through 89 Pages and an in-depth TOC on "India Mobile Accessories Market”

Low priced mobile accessories accounted for the largest share in India mobile accessories market in 2017 on the back of rising inclination of customers towards low priced products. Moreover, mobile accessories manufacturers and providers are also aiming towards shifting from high price to the mid or low-priced accessories in order to meet growing demand for these accessories across the country. Samsung India Electronics Pvt. Ltd., Intex Technologies (India) Ltd., Xiaomi Technology India Private Limited, Philips India Limited, and Sony India Private Limited are some of the major companies operating in India mobile accessories market.

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 Among regions, North region accounted for the largest revenue share, owing to increasing penetration of smart devices as well as growing internet users across the region. In India, over 80% of mobile components including, mobile accessories, are being imported from other countries, majorly from countries in Asia-Pacific region, such as China and Taiwan. As a result, Indian government, through its various initiatives, such as Make in India, Digital India, etc., is looking forward to encouraging domestic manufacturing, which is expected to positively influence the mobile accessories market in India during forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Mobile Accessories Market By Product Type, By Distribution Type, By Price Range, Competition Forecast & Opportunities, 2013-2023 has evaluated the future growth potential of India mobile accessories and provides statistics and information on market size, structure and trends. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends along with major drivers, challenges and opportunities in India mobile accessories.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


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