Selfie Accessories Market 2022
The global Selfie Accessories market is expected to grow on a splendid note in the next 10 years. With cloud computing turning out to be the mainstream, majority of industry verticals are expected to migrate to cloud solutions. Edge computing would be the major disrupter in the near future. In other words, the ICT vertical would be living on an innovative edge in the forecast period.
The craze for the ubiquitous selfie is a boon for manufacturers of selfie accessories who are laughing their way to the bank. According to a recent market study by Persistence Market Research, the global selfie accessories market is anticipated to reach a market Revenue of US$ 6,371 Mn by the end of 2027, up from US$ 1,963 Mn by 2017 end. This represents a compound annual growth rate of 15.9% over the eight year period of study 2017 – 2027.
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Persistence Market Research analyzes this significant market growth and studies the various factors that are responsible for the surge in demand for selfie accessories in the global market in a new report titled “Selfie Accessories Market: Global Industry Analysis and Forecast (2017 – 2027).”
Key Players:
The report has profiled some of the Important players prevalent in the global like – Airselfie, SZ DJI Technology Co., Ltd., MPOW Technology Co., Ltd., Selfie Stick Gear, Anker Technology Co. Ltd., Looq System, Inc. ZEROTECH Intelligence Technology Co., Ltd., Momax Technology Ltd., Fromm Works Inc., and KobraTech and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Selfie Accessories.
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Factors Fueling Global Market Demand for Selfie Accessories
Some of the main factors responsible for the growing demand for selfie accessories include –
- Increasing applications of self-pictures used in buying insurance and also in other fields that necessitate the use of pictures
- A rapidly growing use of selfie accessories in events such as weddings, birthdays, parties, etc.
- Growing proliferation of social networking, leading to increasing consumer preference for posting selfies on social media sites such as Facebook and Instagram
- A growth in the travel and tourism industry that makes clicking photographs including selfies a mandatory aspect of the holiday; and hence demonstrating a great need for selfie accessories
- The general public craze to click selfies at almost every occasion in life
- Innovation in selfie accessories including the supported technology and hardware
- An increasing disposable income that makes it easier for people to invest in smartphones and smart devices, thereby facilitating the ease of taking selfies
- A rapid rise in demand for photography and videography besides a growing demand for smartphones leading to an increased demand for selfie accessories
Global Selfie Accessories Market: Segmentation & Forecast
The global selfie accessories market is segmented on the basis of Product Type into Selfie Sticks, Selfie Light, Selfie Drones, Selfie Remote Shutter, and Clip-on Camera. Selfie Sticks is the largest segment in terms of revenue generation in the global market, and is anticipated to reach a market Revenue of US$ 2,524 Mn by the end of the forecast period in 2027. This segment will record a CAGR of 16.0% during the period of study.
The global selfie accessories market is segmented on the basis of Compatibility into Andriod and iOS. Android is the largest segment in this category, estimated to be valued at US$ 4,469.2 Mn by the end of 2027 with a CAGR of 16.9%.
On the basis of Sales Channel, the global selfie accessories market is segmented into Online Stores and Offline Stores. Persistence Market Research analysis points to Online Stores being the most preferred channel for the purchase of selfie accessories, with a segmental revenue contribution of US$ 3,827.0 Mn by the end of the forecast period in 2027.
Persistence Market Research tracks the performance of the global selfie accessories market across the key Regions of North America, Latin America, Europe, Asia Pacific, and MEA. Asia Pacific is the largest market for selfie accessories in the global market, expected to be valued at US$ 683.9 Mn in 2017 and projected to reach a market Revenue of US$ 2,365.9 Mn by 2027 end, representing a CAGR of 16.8% from 2017 to 2027. North America is the second largest regional market, with revenue expected to increase from US$ 517.9 Mn in 2017 to US$ 1,780.9 Mn by 2027 end, representing a CAGR of 16.7% from 2017 to 2027.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Selfie Accessories Market Manufacturers
Selfie Accessories Market Distributors/Traders/Wholesalers
Selfie Accessories Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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