TechNavio recognizes the following companies as the key players in the Global Mobile Music Accessories Market: Skullcandy Inc., Bose Corp., Sennheiser Electronic GmbH, and Beats Electronics LLC.
Commenting on the report, an analyst from TechNavio’s team said: “One of the key trends currently being witnessed in the Global Mobile Music Accessories market is the increasing partnerships with mobile phone manufacturers. With the growing demand for smartphones, the market is witnessing an increase in sales of mobile music accessories. The partnership between the smartphone manufacturer and mobile music accessories manufacturer enables vendors to provide accessories along with the smartphones. For instance, HTC Corp. has tied up with Beats by Dr. Dre for their accessories and internal speakers. Micromax has recently tied up with JBL for accessories for its latest Canvas series of smartphones. In the past, Nokia had a tie-up with Sennheiser for its Music Express series of mobile phones. This trend of partnering with the mobile phone manufacturer will drive the growth of the Global Mobile Music Accessories market.”
According to the report, one of the main drivers in this market is the increasing technological advancements and innovations. With the introduction of various technologies such as noise cancellation, SRS Wow effect, and extra bass, the market is witnessing a huge demand for the latest music accessories across the world.
Further, the report states that one of the main challenges in this market is the availability of counterfeit products. In recent years, many lookalike counterfeit products have flooded the market, thereby eating into the market share of the leading market vendors. As a result, there has been a drastic decline in the sales of original music accessories.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Creative Technology Ltd., JBL Co., JVC KENWOOD Corp., Logitech International S.A., Panasonic Corp., Parrot SA, and SOL REPUBLIC.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-mobile-music-accessories-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Mobile Music Accessories Market 2012-2016
