Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Mobile phone battery cases are used simultaneously to charge the mobile’s battery and to provide protection to the mobile phones at the same time. Mobile phone battery cases can charge a drained battery of mobile without plugging it into any charging point. This case has neglected the issue of carrying an extra load of power bank and is available for almost all premium smart phones. The use of lithium-ion batteries in smartphones is very common and abilities of mobile phone battery cases to provide additional power to the mobile batteries is escalating the demand for these cases all over the world.
Global mobile phone battery cases market is anticipated to witness a robust growth during the forecast period 2017-2024. Owing to the factors such as rising population and escalating adoption of mobile phones among consumers, the global mobile phone battery cases market is anticipated to flourish at a remarkable compound annual growth rate (CAGR) during the forecast period.
In terms of region, global mobile phone battery cases market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. In terms of market share, Asia Pacific region accounted for the highest market in mobile phone battery cases owing to the factors such as population explosion, consumer’s inclination towards high-tech accessories and increasing disposable income of the consumers which is strengthening their purchasing power to buy expensive phone cases. Moreover, the significant growth of e-commerce websites and rising trend towards online shopping coupled with inclination towards luxurious life style are some major factors which are anticipated to allow this region to continue its dominance during the forecast period. In terms of value, North America region is expected to witness a satisfactory growth during the period 2017-2024 followed by Europe region. Apart from this, increasing penetration of smartphones in Middle East & Africa and Latin America regions is expected to escalate the growth of mobile phone battery cases market in these regions as well in the next few years. CLICK TO DOWNLOAD SAMPLE REPORT
Our-in depth analysis of the global mobile phone battery cases market includes the following segments:
Global mobile phone battery cases market is further classified on the basis of region as follows:
Availability of mobile accessories such as mobile phone battery cases, headphones and batteries at affordable prices is a major factor driving the growth of global mobile phone battery cases market. Besides this, rising disposable income of the consumers and need for higher battery life is also strengthening the growth of mobile phone battery cases. Further, rising adoption of portable power sources such as power bank and enhancement of battery charging technologies are some of the key factors driving the growth of global mobile battery cases market.
Moreover, rapid urbanization in emerging economics such as India, Brazil and other are also escalating the growth of mobile phone battery cases. Global mobile phone battery cases market is expected to grow at a remarkable pace owing to the factors such as technological advancement, rising adoption of high-tech devices and penetration of smart phones all over the globe. Online stores and other online distribution channels have been the major contributors towards the growth of global mobile phone battery cases. Moreover, consumers’ preference to buy products from online stores rather than other distribution channel due to availability of products at low price and with additional offers are attracting the consumers towards online stores. This is further likely to intensify the growth of global mobile phone battery cases market till 2024. However, high cost of mobile phone battery cases, rising demand for low price mobile phone battery cases are some of the major challenges which may inhibit the growth of market in near future. Moreover, global mobile phone battery cases market is also hindered by factors such as lack of brand awareness and low adoption of smartphones and higher adoption of featured phones in rural areas especially in developing countries in Asia.
Overview of the Parent Market
Analyst View
Segmentation
The global mobile phones battery cases market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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