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2021-11-24 18:26
SAN FRANCISCO, Nov. 24, 2021 /PRNewswire/ -- The global laptop accessories market size is expected to reach USD 57.66 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.3% from 2021 to 2028. Increased customer demand for consumer electronics is fueling the growth of the accessories linked with them. Customers need to acquire laptop accessories in an average time period of 3-5 years, thus their short life span promotes their growth in terms of volume. Moreover, innovation in the field of laptop accessories encourages buyers to purchase new products, resulting in a significant increase in the market growth.
Key Insights & Findings:
Read 80 page market research report, "Laptop Accessories Market Size, Share & Trends Analysis Report By Type (Electronic, Non-electronic), By End Use (Personal, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research
Consumers in emerging nations such as Thailand, Brazil, India, and China have a high purchasing power, allowing them to spend more on consumer electronics, resulting in the increased sales of laptop accessories. The growing number of corporate offices throughout the world is driving the market for laptop accessories. Furthermore, the expansion of the market in South Asia and East Asia is predicted to be fueled by an increase in urbanization, disposable income, and e-commerce penetration.
Vendors are taking steps to retain and gain a greater market share in response to the increased demand for laptop accessories. Laptop accessories vendors are utilizing economies of scale to offer a large volume of items at competitive and affordable prices in order to combat the fierce competition in the global market.
Grand View Research has segmented the global laptop accessories market on the basis of type, end use, distribution channel, and region:
List of Key Players of Laptop Accessories Market
Check out more studies related to laptops and laptop accessories, conducted by Grand View Research:
Browse through Grand View Research's coverage of Global Electronic & Electrical Industry
Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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