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Mobile Phone Accessories Market will be expanding at a CAGR of 9.1% through 2025.

[USPRwire, Mon Oct 01 2018] In the modern world, where everyone is connected to each other through different technological communicators, mobile phones play a significant role. On the basis of growing demand for mobiles, the demand for accessories is also increasing robustly. In a published report by Future Market Insights (FMI), it is estimated that global mobile phone accessories market will be witnessing a robust growth throughout the forecast period, 2015-2025. In addition, it is also expected that the market is likely to expand at a CAGR OF 6.9% along with the drivers and latest trends. Dynamics The report reveals that the demand for mobile phone accessories in APAC and Latin America is growing robustly. Henceforth, global market for mobile phone accessories has witnessed an increase of 3.1% for disposal income in 2015. Owing to the migration of rural inhabitants to urban, especially in Indonesia and China, the population of urban areas is increasing. Therefore, it is predicted as a strong driver to grow the market robustly in the approaching years. Furthermore, the uses of social networking along with internet penetration in several countries, such as Brazil, Indonesia and China, is increasing rapidly. Henceforth, the mobile phone accessories market is expected to expand hugely in the upcoming years. More details on the mobile phone accessories market dynamics is given in the report.

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Date:Oct 2, 2018
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