Selfie is the
self-representing photograph taken from digital camera or smartphone.
The trend is changed instead of using self-timer or any other similar
tools; the selfie is taken by positioning camera or smartphone at
arm's length or pointing at the mirror. Though these tactics give
images but not satisfactorily, therefore, to have photograph clicked
as per the requirement without bothering any third person selfie
concept is generated. Mostly, selfies are taken to share on social
networking sites such as Facebook, Instagram, Tweeter and much more.
When it comes to taking self-portrait using smartphone or camera,
many selfie
accessories are available in the market, ranging from selfie
sticks to many apps. Selfie is booming the era; there is now entire
industry dedicated to making a range of accessories and apps. As
technology evolves, chances of growth of selfie accessories industry
are also encountered. To have a perfect selfie is a big challenge,
people do not hesitate to go beyond their budget to have a perfect
click; fancy lighting, high resolution add on lenses, wireless
remotes are some of the gadgets which assist in making a selfie a
perfect selfie while easing the clicking process.
Global Selfie
Accessories Market: Drivers & Restraintsk
The key factor that
lifts the market growth of selfie accessories is the increase in
disposable income and development in popularity of social networking
sites in metropolitan areas. Also, rise in Internet penetration has
boosted the online selling platform. However, the ever growing demand
for photography and videos has enhanced the growth of Selfie
accessories across the globe. Increasing tourism, business travels,
urban lifestyle and concept of celebrating every occasion of life has
raised the demand of capturing the moments. Rising demand for
smartphone is another factor, and most of the selfie accessories are
built for smartphone front end cameras.
Although demand and
necessity of Selfie accessories in the market can be seen broadly,
some factors such as no clear market leader, competition on the basis
of pricing. Due to this price war, low-quality selfie accessories
available in the market affecting selfie stick market negatively
impacting on their market growth. Consequently, to deal with the
low-quality gadgets, many companies of North America and European
countries have started to manufacture selfie accessories.
Global Selfie
accessories Market: Segmentation
The global selfie
accessories market is segmented by its products type, price range,
and distribution channels.
Based on its
product types, selfie accessories market is segmented into:
Hardware
Selfie Sticks
Monkey Pod / Tripods
Selfie Drone
Remote Shutter
Clip-on Camera
Others
Software
Apps
Based on its
price range, selfie accessories market is segmented into:
Premium
Mid
Low
Based on its
distribution channels, selfie accessories market is segmented into:
Online
Offline
Multi Brand Store
Global Selfie
Accessories Market: Regional Outlook
Based on the
geographies, selfie accessories market is segmented into seven
regions - North America selfie accessories market, Latin America
selfies accessories market, Eastern Europe selfie accessories market,
Western Europe selfie accessories market, Asia Pacific excluding
Japan selfie accessories market, Japan selfie accessories market and
the Middle East & Africa selfie accessories market. Asia Pacific
excluding Japan is an emerging region because of the growing habit of
the smartphone in developing countries such as China, India,
Indonesia, and South Korea. In addition presence of large number of
selfie accessories manufacturers in China and availability of these
gadget at the low price is another reason making APEJ dominate selfie
accessories market globally. Whereas North and Latin America as well
as Eastern and Western Europe accounts decent growth in selfie
accessories market.
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Global Selfie
Accessories Market: Key Players
Few of the market
players accounting on Selfie accessories market includes Fotopro,
Anker, KobraTech, Momax, Kootek Looq Robotics, Fromm works, Apple
Inc., Satechi, Xiaomi, Selfie on A Stick, Selfie Stick Gear, Mpow,
Samsung Electronics Co., Panasonic Corporation, Sony Corporation,
Senheiser Electronic GmbH & Co. KG, Ltd., BYD company Limited,
JVC Kenwood Corporation Energizer Holdings, Inc., and among others.
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