Smartphone Screen Protector Market Size Worth USD 84.43 Billion By 2030 | CAGR of 6.7%

The global smartphone screen protector market size is expected to reach USD 84.43 Billion in 2030 and register a revenue CAGR of 6.7% over the forecast period, according to a latest report by Reports and Data. Rise in per capita income and increasing demand for smartphones globally are expected to drive market revenue growth during the forecast period. In addition, rising adoption of e-services through mobile applications is another key factor that is expected to increase the demand for smartphones as well necessary accessories like smartphone screen protectors and thereby drive the revenue growth of the market.

Rise in per capita income in developing countries has significantly increased the purchasing power of middle class consumers. According to the Annual National Income data released by the Ministry of Statistics and Programme Implementation (MoSPI) in India. The per-capita net national income of an Indian during 2019-20 was estimated to be a rise of 6.8% as compared to  2018-19. Similarly, according to  World Economic Outlook report published by the International Monetary Fund (IMF)  in 2020. China is expected to overtake 56 countries by 2025 in terms of per capita income. The rise in per capita income is expected to drive people to seek sophisticated handheld devices such as smartphones, which can support numerous useful applications to make life convenient. This is expected to contribute to the revenue growth of the market.

Increasing demand for smartphones globally has led to rise of numerous smartphone manufacturers working towards selling smartphones at a competitive price. Besides, there has been a significant rise in domestic companies in developing countries and smartphone manufacturers providing enhanced features such as high Random Access Memory (RAM), high resolution cameras, and others at a feasible price in order to meet the domestic demand. Rising demand for smartphones is expected to further drive the demand for smartphone screen protectors, thereby driving the growth of the market significantly.

Similarly, increasing investment in manufacturing new smartphones has led to the introduction of number of new variants of smartphones. For instance, Samsung Galaxy Fold was released in 2019, which has a feature of horizontal folding. The device is capable of being folded open to expose a 7.3-inch tablet-sized flexible display, while its front contains a smaller cover display, intended for accessing the device without opening it. This is expected to give rise to new types of smartphone screen protectors, thereby driving the revenue growth of the market. However, halo effect produced by screen protectors due to improper fitting is a significant factor hampering revenue growth of the market.

Request for Sample @https://www.reportsanddata.com/download-free-sample/1260

Some Key Highlights in the Report

  • Glass segment is expected to account for largest revenue share in the global smartphone screen protector market between 2021 and 2030, due to its durability and flexibility, as well as environmentally friendly manufacturing process.  
  • 3D segment is expected to register rapid revenue growth over the forecast period due to rising production of phones with curved edges, which in turn leads to more demand for 3D screen protectors.
  • Market in Asia Pacific is expected to account for steady revenue growth in the smartphone screen protector market over the forecast period than other regional markets due to presence of numerous smartphone manufacturers providing cost-effective products.
  • Companies profiled in the global market report include FeYong Digital Technology Limited, Shenzhen Yoobao Technology Co. Ltd., ZAGG Inc., NLU Products, L.L.C., Belkin International Inc., AZ Infolink Pvt. Ltd., Corning Inc., Nippon Electric Glass Co. Ltd., SCHOTT AG, and Clarivue.
  • In December 2021, SCHOTT AG announced a new product that is world’s first smartphone to feature Xensation alpha. It is the latest generation of cover glass to be launched by the company, which offers improved drop resistance compared to Lithium Aluminosilicate (LAS) and Aluminosilicate (AS) cover glass types.

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/1260

Thank you for reading global report. We also offer customized research reports as per client requirement. Kindly contact us for to know more about the feature and our team will provide you a well-curated report in the stipulated time. 

Explore Trending Reports:

Lithium-ion Battery Recycling Market-https://bhagyashrishewale.blogspot.com/2023/06/lithium-ion-battery-recycling-market-to.html

Cellulose Acetate Market-https://bhagyashrishewale.blogspot.com/2023/06/cellulose-acetate-market-will-reach-usd.html

Squalene Market -https://bhagyashrishewale.blogspot.com/2023/06/squalene-market-to-exceed-valuation-of.html

Refrigeration Oil Market-https://bhagyashrishewale.blogspot.com/2023/06/refrigeration-oil-market-to-expand-at.html

Ceramic Sanitary Ware Market -https://bhagyashrishewale.blogspot.com/2023/06/ceramic-sanitary-ware-market-will.html

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a nconcrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse Latest Blogs: https://www.reportsanddata.com/blogs

Browse Latest Press Release: https://www.reportsanddata.com/press-release

Comments

Post a Comment

Popular posts from this blog

Logistics Automation Market Size Worth USD 211.38 Billion 2032 | CAGR of 14%

The global logistics automation market size was USD 64 Billion in 2022 and is expected to reach USD 211.38 Billion in 2032, and register a rapid revenue CAGR of 14 % during the forecast period. Rapid expansion in the e-commerce business and technological breakthroughs, such as Internet of Things (IoT), Artificial Intelligence (AI), and robotics are major factors driving market revenue growth. In the contemporary corporate environment, requirement for effective and timely delivery of goods has increased. Businesses are seeking for ways to optimize their logistics operations to boost production and cut expenses. Logistics automation aids businesses in achieving these objectives, by automating various processes, including order processing, inventory management, and transportation management. Get a sample copy of the Logistics Automation Market report, visit: https://www.reportsanddata.com/sample-enquiry-form/1600 Further key findings from the report suggest Based on end-u...
Read more

Bitumen Membranes Market to Exceed Valuation of USD 3.74 Billion by 2027

According to a recent report by Reports and Data, the global bitumen membranes market is projected to reach USD 3.74 billion by 2027, with a compound annual growth rate (CAGR) of 4.8%. Bitumen membranes are designed to provide waterproofing and coverage for industrial and residential buildings. These membranes consist of highly viscous, elastic, and waterproof organic liquids. They are commonly used as roofing systems to prevent leaks and facilitate water drainage on nearly flat or level roofs. Bitumen membranes have various applications, including humidification, waterproofing, binding, rust-proofing, joint filling, and crack formation. The demand for these products is expected to steadily rise in road expansion, infrastructure rebuilding, and the construction of buildings and bridges. The growing demand from the building sector, driven by environmental regulations and the affordability of roofing systems, has contributed to the increased production of polymer-modified bitumen (PMB)....
Read more

Industrial Tubes Market Size Worth USD 1,406.92 Billion By 2032

  Market Overview The global market for industrial tubes had a value of USD 550 billion in 2022 and is projected to reach USD 1,406.92 billion by 2032, with a rapid compound annual growth rate (CAGR) of 11% during the forecast period. The growth of the market is driven by increasing demand for industrial tubes across various end-use sectors such as oil & gas, construction, and automotive. Manufacturers are focusing on developing new and innovative products to meet the rising demand for environmentally-friendly and energy-efficient industrial tubes. One of the prominent end-use markets for industrial tubes is the oil & gas sector. The demand for pipelines due to the increasing demand for oil & gas leads to a higher price for industrial tubes. The construction industry is another major consumer of industrial tubes, driven by the growing construction activities, particularly in emerging economies, for applications such as HVAC systems, water supply systems, and sewage...
Read more