Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...
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Mobile Phone Accessories Market Overview, Outlook and Drivers

Global digitalization is leading to a greater reliance on smart devices, particularly mobile phones. The increased connectivity spectrum encourages individuals to embrace mobile phones, resulting in an increase in the mobile phone accessories Market. Mobile phone accessories are hardware components that are unimportant in the operation of mobile phones but are necessary for additional support, product enhancement, and convenience. External battery packs, power banks, wireless headphones, wireless chargers, memory cards, protective cases, screen protectors, and other unique accessories are included.

 

How Does the Mobile Phone Accessories Market Compare in the Past and Future?

Due to decreased pricing, creative handset designs, improved functionality, and the availability of cost-effective and high-speed mobile broadband solutions, smartphone sales are increasing. Aside from that, the growing use of 4G and 5G long-term evolution (LTE) networks would open up significant growth potential.

Customized packaging solutions increase the brand value of mobile phone accessories by improving their design and functionality. Producers of mobile phone accessories Market are concentrating on maximising packaging efficiency without sacrificing functionality.


Mobile Phone Accessories Market
Mobile Phone Accessories Market


 

Mobile Phone Accessories Market Drivers

The global mobile phone accessories Market industry is predicted to develop due to rising disposable income and a growing global population. The general public's preference for mobile accessories has risen in recent years as disposable income has increased, particularly in emerging economies. Global disposable income climbed by 3.1 percent in 2015 compared to 2014. Furthermore, rising population, particularly in emerging nations such as the Middle East and Asia Pacific, is predicted to increase demand for mobile phone accessories.

Over the projection period, rising smartphone adoption is likely to drive growth. Smartphone adoption has expanded dramatically in emerging economies such as Indonesia, Brazil, and China, and it continues to accelerate. This is due to the countries' growing internet penetration and popularity of social media platforms. The number of smartphones shipped worldwide climbed from 1.1 billion in 2013 to 1.2 billion in 2014. In 2014, China received nearly half of all smartphone shipments, accounting for approximately 45 percent of total exports.

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