The market for cell phone cases is growing at a rate of 11.74 percent, mainly due to the increasing use of smartphones

The market for cell phone cases is growing at a rate of 11.74 percent, mainly due to the increasing use of smartphones

Tech Highlights:

  • Attractive Opportunities in Phone Case Market by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025. Attractive Opportunities in Phone Case Market by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025. Factors such as growth in usage of smart mobile phones and the introduction of innovative delivery options by vendors will be crucial in driving the growth of the market. But the lack of universal standards will restrict the market growth.

  • /PRNewswire/ — NEW YORK, Nov. 17, 2021 — The latest research study from Technavio on the Phone Case Market provides a thorough examination of new product introductions, current trends, and the post-pandemic impact on businesses. Between 2020 and 2025, the phone case market is expected to increase by USD 11.74 billion. During the forecast period, however, the growth pace is expected to decline at a CAGR of above 7%.

The rising demand for protecting and covering the mobile phone from any hard damage will have a positive impact on the growth of vendors. On the other hand, the defects in the manufacturing process, such as mismeasurement and damaged product is expected to reduce the growth potential in the market.

The competitive scenario provided in the phone case market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Some of the companies covered in this report are Amzer, Apple Inc., CG Mobile, Griffin Technology LLC, Incipio LLC, Otter Products LLC, Reiko Wireless Inc., Samsung Electronics Co. Ltd., SHENZHEN IPAKY ELECTRONICS TECHNOLOGY Co. Ltd., and ZAGG Inc.

The body globe segment generated maximum revenue in the market in 2020. The market growth in the segment is expected to be significant during the forecast period. By geography, APAC will have the largest share of the market. The region currently holds 67% of the global market share. China, India, and Japan are the key markets for phone cases in APAC.

Global Wearable Technology Market – Global wearable technology market is segmented by product (smartwatches, wireless headphones, HMDs, smart bands, smart clothing, smart glasses, and smart rings) and geography (APAC, Europe, MEA, North America, and South America). Amzer, Apple Inc., CG Mobile, Griffin Technology LLC, Incipio LLC, Otter Products LLC, Reiko Wireless Inc., Samsung Electronics Co. Ltd., SHENZHEN IPAKY ELECTRONICS TECHNOLOGY Co. Ltd., and ZAGG Inc.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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