DUBLIN, June 3, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Accessories and Peripherals Market for Smartphones and Tablets 2016-2020" report to their offering.

The report forecasts the global accessories and peripherals market for smartphones and tablets to grow at a CAGR of 5.8% during the period 2016-2020.

A key trend that is expected to propel market growth is the growing popularity of wireless accessories. The demand for wireless mobile accessories has been growing rapidly. Bluetooth headphones surpassed the 45 million-unit mark in 2015, indicating the market's inclination toward wireless audio accessories. Music streaming in smartphones and tablets is an emerging trend in the market, leading to increased demand for wireless audio accessories. A high percentage of the millennial population is listening to music streamed through YouTube. With the growing adoption of wireless chargers and wireless mobile speakers, the demand for wireless accessories will grow significantly over the forecast period.

A key growth driver is the use of mobile accessories as fashion accessories. The primary application of mobile accessories is to increase the life cycle of the device and enhance its applications. However, the mobile accessories and peripherals market has grown past that and has reached a point where these accessories are considered a style statement. With an increasing number of brands focusing on making mobile devices trendy and attractive, these accessories are fast becoming a fashion accessory.

Further, the report states that one challenge that could restrict market growth is the obsolescence of mobile devices. Smartphone technology is evolving so rapidly that it is making it difficult for vendors to offer products at good prices while maintaining performance and quality.

Key vendors:

• Beats (Apple)
• Incipio
• Samsung Electronics
• Sony

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Market attractiveness by type

PART 08: Market segmentation by headphones

PART 09: Market segmentation by distribution channel

PART 10: Market attractiveness by distribution channel

PART 11: Buying criteria

PART 12: Geographical segmentation

PART 13: Market attractiveness by geography

PART 14: Key leading countries

PART 15: Market drivers

PART 16: Impact of drivers

PART 17: Market challenges

PART 18: Impact of drivers and challenges

PART 19: Market trends

PART 20: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/ld4rnl/global

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SOURCE Research and Markets