Tag: mobile industry

  • Why Motorola Failed: A Comprehensive Analysis

    Motorola, once a pioneering force in the mobile phone industry, has experienced a significant decline in recent years. The company that introduced the world to the mobile phone has struggled to maintain its relevance and market share. In this article, we will explore the key reasons behind Motorola’s downfall, analyzing the various factors that contributed to its failure. From missed opportunities to strategic errors, we shall dive into the challenges faced by Motorola and the lessons that can be learned from its downfall. This isn’t your ordinary tale of success and failure, but an ode to the constant need for change, irrespective of the dominance or the potential. Read along!

    The Rise of Motorola
    Missed Opportunities and Strategic Errors
    Lack of Innovation and Management Issues
    The Arrival of the iPhone and Changing Market Dynamics
    Motorola’s Efforts to Revive and Google’s Acquisition

    The Rise of Motorola

    Motorola’s journey began in 1928 as Galvin Manufacturing Corporation, specialising in radio technology. Over the years, the company made several groundbreaking innovations, including the first walkie-talkies for military use, in-car radio telephones, and pagers. Motorola’s expertise extended beyond communication devices, with contributions to semiconductors, microprocessors, televisions, and barcode scanners.

    In the mobile phone industry, Motorola was at the forefront of innovation. In 197j3, the company introduced the world’s first functioning cellular mobile phone. They continued to push boundaries, releasing iconic devices such as the DynaTAC 8000 in 1984, the MicroTAC in 1989, and the StarTAC in 1996. These products showcased Motorola’s ability to create sleek and technologically advanced mobile phones.


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    Missed Opportunities and Strategic Errors

    • Motorola didn’t Move to 3G: Despite its early successes, Motorola began to falter as it failed to adapt to changing market trends and consumer demands. One of the key reasons behind Motorola’s decline was its failure to embrace the shift towards 3G technology. While the company’s biggest customers, the US wireless carriers, were hesitant about 3G, Motorola listened to their immediate needs instead of considering the desires of their customers.
    • Motorola’s Struggle with Software Advancements: Another factor that hindered Motorola’s success was its inability to keep up with software advancements in the mobile phone industry. As the mid-2000s saw software driving the market, Motorola’s clunky interface and inconsistent operating systems left consumers unsatisfied. Competitors like Apple and Blackberry capitalized on this weakness, offering more user-friendly interfaces and secure communication solutions.
    • Motorola’s Misguided Product Strategy: Motorola also made strategic errors in its product offerings. While competitors like Nokia and Blackberry were focusing on developing smartphones, Motorola continued to prioritize feature phones. The company’s reluctance to invest in security and its failure to recognize the growing importance of smartphones ultimately cost them market share.
    • Slow Adoption of Android Phones: Android quickly became a game-changer in the mobile industry, with many people preferring it over older operating systems. Unfortunately, Motorola was slow to adopt Android, and by the time they did, it was too late. This delay also contributed to the brand’s decline.

    Lack of Innovation and Management Issues

    • Motorola’s Innovation Shortfall in the Mobile Phone Industry: Innovation is crucial in the fast-paced mobile phone industry, and Motorola struggled to keep up. The company’s lack of new and exciting products led to a decline in consumer interest. While competitors like Apple were revolutionizing the market with devices like the iPhone, Motorola’s offerings failed to generate the same level of excitement and innovation.
    • Leadership Problems and Strategic Mistakes: Poor management decisions exacerbated Motorola’s challenges. The company experienced frequent leadership changes, disrupting strategic planning and decision-making processes. The lack of cohesive planning between Motorola’s handset and network technology divisions led to conflicting directions and missed opportunities for synergy.
    • Brand Stagnation: Motorola struggled to redefine its strong brand legacy, particularly the success of iconic devices like the Razr. Instead of capitalizing on its historical success, the company faced difficulties in redefining its image and aligning with the changing preferences of modern consumers.
    • Ecosystem Gap: Motorola missed key opportunities in software and ecosystem development. While successful smartphone brands focus on creating a seamless software experience and a loyal customer ecosystem, Motorola struggled to build one, limiting long-term user engagement.

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    The Arrival of the iPhone and Changing Market Dynamics

    The launch of the iPhone in 2007 marked a turning point in the mobile phone industry. Apple’s revolutionary device redefined the concept of a mobile phone, transforming it into a pocket computer. The iPhone’s sleek design, user-friendly interface, and app ecosystem captured the market’s attention and set a new standard for smartphones.

    Motorola’s inability to compete with the iPhone and its failure to keep pace with changing market dynamics further eroded its market share. The company’s products, such as the Motorola Q, fell short compared to the competition. Motorola’s smartphones lacked the seamless integration of hardware and software that made the iPhone so successful.

    Net sales of Motorola Solutions worldwide from 2015 to 2022

    Motorola’s Efforts to Revive and Google’s Acquisition

    Realizing the need for a strategic shift, Motorola refocused its efforts on producing Android phones in 2009. The launch of the Droid phone range in partnership with US telco Verizon proved successful, with Droid sales surpassing those of the iPhone in the US. This caught the attention of Google, who saw an opportunity to acquire Motorola and gain control over the manufacturing of its own devices.

    In 2011, Motorola split into two separate entities: Motorola Mobility, which focused on consumer devices and mobile handsets, and Motorola Solutions. Google acquired Motorola Mobility for $12.5 billion, recognizing its potential as a manufacturing company and a valuable source of patents. Under Google’s ownership, Motorola released the Moto range of smartphones, which received positive reviews.

    However, Motorola’s market share continued to decline, prompting Google to sell the company to Lenovo for $3 billion in 2014. Lenovo aimed to gain a foothold in the US market through the acquisition of an established brand. Despite subsequent attempts to revive the brand, including the release of the new Razr, Motorola’s market presence remained limited.

    Motorola Market Share

    Lessons Learned and Conclusion

    The downfall of Motorola offers valuable lessons for companies operating in the fast-paced and competitive mobile phone industry. First and foremost, innovation is essential to stay relevant and capture consumer interest. Motorola’s failure to adapt to changing market trends and its focus on outdated technology hindered its ability to compete with more innovative rivals. Furthermore, strategic decisions and management issues played a significant role in the company’s decline. The lack of cohesive planning, frequent leadership changes, and poor decision-making processes disrupted the company’s ability to respond effectively to consumers.

    Motorola’s story serves as a cautionary tale for companies that fail to adapt, innovate, and prioritize the evolving needs of consumers. The mobile phone industry is constantly evolving, and only those who can keep up with the rapid pace of change can thrive. As an end note, Motorola’s fall from grace is a stark reminder of the importance of staying ahead of the curve and continuously innovating in a dynamic industry. While the brand may no longer exist, its legacy as a pioneer in the mobile phone industry will not be forgotten. On the positive side, under the umbrella of Lenovo – Motorola is revamping its positioning for the greater good, but still, there is a long way to go!


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    FAQs

    Why did Motorola fail?

    Motorola failed because of innovation challenges, leadership issues, software lag, and product strategy errors.

    Is Motorola still in business?

    Motorola is based in Merchandise Mart, Chicago, Illinois, and is owned by the Chinese tech company Lenovo.

    Motorola company is from which country?

    Motorola is an American brand company.

    Why are Motorola phones so bad?

    Motorola focused on quantity rather than quality. Some of the main reasons for the poor quality of its phones are low-quality displays, weak processors, and poor software.

    What happened to Motorola company?

    It was acquired by Google in 2012 and later sold to Lenovo in 2014.

    What are the reasons for Motorola failure?

    Motorola’s failure can be attributed to failure to innovate, inconsistent branding, missed software opportunities, and inability to adapt to market trends. The company struggled to redefine itself, failed to build a strong ecosystem, and couldn’t keep pace with competitors like Apple and Samsung.

    Why Motorola failed in India?

    Motorola went out of business due to lack of innovation, inconsistent product launches, and failure to adapt to local market needs. The brand couldn’t compete with affordable, feature-rich smartphones from rivals like Xiaomi and Samsung, leading to a decline in market share.

    Is Motorola a good brand?

    Motorola is a reliable brand offering solid budget and mid-range smartphones with clean software and good value for money. However, it faces tough competition from other brands.

  • Oppo’s Marketing Strategy: Redefining Mobile Innovation

    Oppo Electronics Corporation, commonly known as Oppo, is a Chinese multinational technology company that produces smartphones, electronic devices, and Blu-ray players. Established in 2004, Oppo has quickly grown to become one of the largest smartphone manufacturers in the world, operating under its parent company Guangdong Bubugao Electronic Industry Co. Ltd. Along with its sister companies Vivo and Oneplus, Oppo is a part of BBK Electronics, the world’s second-largest smartphone manufacturer in 2017, only behind Samsung.

    Oppo is known for its innovative and high-quality products that cater to the needs of its customers. The brand has established itself as a selfie and group selfie expert, providing top-of-the-line camera technology that offers the best selfie experiences. In fact, Oppo has been ranked fourth in creating selfie experiences among the young generation globally. Oppo’s smartphone models, including the Oppo F series, Oppo A series, and Oppo R series, have gained immense popularity worldwide due to their cutting-edge features, sleek designs, and affordability.

    Oppo, the Chinese smartphone brand, has established its dominance in the global market, operating in over 60 countries. In 2021, Oppo made waves in India, capturing a staggering 71% of the entire Indian telephone market, securing its position as the 5th largest brand by shipment volume with over 10% of the market share. However, it’s in Southeast Asia where Oppo truly shines, exerting its significant influence. Timor-Leste, the tiny island nation, stands out as the stronghold of Oppo, where it commands an awe-inspiring 31.5% of the market share. Not to be outdone, Cambodia and Indonesia follow closely in 2nd and 3rd place respectively, with Oppo grabbing around 20% of the market share in both countries. Oppo’s unwavering grip on these markets is a testament to its prowess and determination to conquer the smartphone landscape with its cutting-edge technology and innovative designs.

    Oppo has been rapidly gaining popularity in recent years. With a strong focus on innovation and cutting-edge technology, Oppo has made a name for itself in the competitive smartphone market. The company’s marketing strategies have also played a crucial role in its success, as it has consistently found new and creative ways to connect with its target audience. In this blog, we will explore the marketing strategies that have helped Oppo establish itself as a major player in the tech industry.

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    Oppo – Target Audience
    Oppo – Marketing Mix
    Oppo – Marketing Campaigns
    Oppo – Marketing Strategies

    Oppo – Target Audience

    Oppo, the smartphone brand that’s capturing the limelight, has a secret weapon – their target audience. Who are they? Well, they’re the tech-savvy millennials and Gen Z enthusiasts who crave the latest gadgets, love to express their style, and demand value for their money. Oppo knows that their smartphones are not just devices, but an extension of their audience’s personality and lifestyle. From jaw-dropping camera capabilities to immersive displays, Oppo’s smartphones become the talk of the town, generating buzz and excitement among their target audience. With sleek designs, cutting-edge features, and powerful performance, Oppo has won over the hearts of those who seek innovation and style in their smartphones.

    Oppo also caters to budget-conscious consumers who want a reliable smartphone without emptying their pockets. With a range of options at different price points, Oppo offers value for money, making their smartphones an irresistible choice for those who want a top-notch smartphone experience without breaking the bank.

    Oppo – Marketing Mix

    Oppo’s marketing mix is a dynamic blend of product, price, place, and promotion, designed to captivate and engage consumers in the ever-evolving smartphone market. With its innovative devices, bold branding, and strategic marketing strategies, Oppo has emerged as a formidable player, constantly pushing the boundaries of what’s possible in the tech industry. Let’s dive into Oppo’s marketing mix and discover how it has carved a unique space for itself in the highly competitive smartphone landscape.

    Product Mix

    Oppo’s product mix is a true testament to its bold and dynamic approach in the technology industry. Starting out as a company focused on MP3 players, Oppo quickly recognized the potential for growth and expansion. In 2008, Oppo made a daring move and entered the highly competitive smartphone market, disrupting the status quo with its innovative devices. But Oppo didn’t stop there. Incorporating a wide range of products such as Blu-ray players, cellphones, and other electrical gadgets in its package, Oppo has unlocked new and greater opportunities. With its diverse product mix, Oppo is constantly pushing the boundaries of what’s possible, delivering cutting-edge technology and unmatched user experiences. Oppo’s relentless pursuit of innovation has made it a trailblazer in the industry, capturing the hearts and minds of consumers around the world.

    Oppo's Wide Range of Products
    Oppo’s Wide Range of Products

    Price Mix

    Oppo’s price mix is a strategic weapon in its arsenal, allowing it to carve a unique niche in the competitive smartphone market. Despite facing fierce competition from established and new players, Oppo has earned a reputation for itself in a short period of time, thanks to its innovative technologies, meticulous designs, and clever price strategies.

    With a laser focus on attracting and wowing the younger generation, Oppo positions itself as a trendsetter that provides a distinctive user experience. By targeting the high-end market, Oppo creates alluring models that deliver value to users and generate revenue for the company. Oppo’s mid-premium pricing strategy sets its products apart, with prices slightly higher than comparable items from other manufacturers. This approach allows Oppo to establish a niche market, assuring its consumers of value-based pricing that resonates with their needs and desires.

    Oppo’s bold pricing tactics not only showcase its confidence in the quality and uniqueness of its products but also position it as a premium brand that caters to discerning consumers. Oppo’s unwavering commitment to providing value and delivering exceptional experiences through its products is evident in its strategic pricing approach, setting it apart from the competition and solidifying its position as a market leader.

    Place Mix

    Oppo’s global footprint spans across continents, with a strong presence in approximately 21 countries, including Africa, the Middle East, South Asia, Southeast Asia, Europe, Australia, and the United States. Its products are readily available in these markets, showcasing the brand’s commitment to serving a diverse customer base around the world. With its headquarters located in Dongguan, China, Oppo has established different divisions tailored to specific geographical locations, allowing them to better understand and address unique needs in each market.

    Oppo’s autonomy and innovation are further exemplified by its division, Oppo Digital, situated in Mountain View, California. This independent arm of the company focuses on delivering cutting-edge digital solutions, showcasing Oppo’s dedication to pushing the boundaries of technology and user experience.

    Oppo has a robust supply chain that is fully under its control. From manufacturing plants to online stores, mobile stores, supermarkets, hypermarkets, and shopping malls, Oppo ensures efficient product distribution to its valued customers. This comprehensive approach to supply chain management allows Oppo to maintain quality control and deliver its products to consumers in a timely and convenient manner.

    Promotion Mix

    Oppo’s marketing prowess is evident in its aggressive promotion mix, leaving no stone unturned to showcase its revolutionary products. The brand has created captivating advertising campaigns that span across television, newspapers, billboards, and social media platforms like Facebook, Twitter, blogs, Instagram, and YouTube, reaching out to its target audience wherever they are. Oppo understands the power of celebrity endorsements.

    The brand has also tapped into the global music industry, partnering with the famed Korean boyband 2 PM to compose a launching song during its premiere in Thailand, adding a unique touch to its marketing campaigns. In addition, Oppo has leveraged sports sponsorship agreements, teaming up with the International Cricket Council and FC Barcelona as its mobile partner and official partner, respectively. These strategic collaborations further solidify Oppo’s position as a brand that is at the forefront of innovation and understands the importance of effective promotion in capturing the hearts and minds of consumers worldwide.

    Oppo – Marketing Campaigns

    Oppo has stormed the smartphone market with a series of captivating and engaging marketing campaigns that have captured the hearts of consumers worldwide. From the viral “Shot on Oppo” campaign, where users showcased their stunning smartphone photography skills, to the trendsetting “Find More” campaign that encouraged users to explore their passions, Oppo has continuously pushed the boundaries of creativity and innovation. The “Capture the Real You” campaign celebrated individuality and self-expression, while the “Power Your Dreams” campaign inspired users to pursue their aspirations fearlessly. These campaigns have not only made Oppo a household name but have also created a community of loyal fans who resonate with the brand’s dynamic and engaging marketing approach.

    Oppo – Marketing Strategies

    Oppo, the global smartphone giant, has captured the attention of marketers and entrepreneurs alike with its innovative marketing strategies. From cutting-edge product innovation to celebrity endorsements, and engaging social media campaigns to strategic sponsorships, Oppo has created a brand story that resonates with its target audience. Let’s explore the top marketing strategies of Oppo that have contributed to its success in the competitive smartphone market.

    Cutting-Edge Product Innovation

    Oppo has positioned itself as a pioneer in the smartphone industry by constantly pushing the boundaries of technology and design. The brand’s commitment to innovation has resulted in a diverse range of products with unique features and eye-catching designs, setting itself apart from the competition.

    Oppo's Smartphones
    Oppo’s Smartphones

    Celebrity Endorsements

    Oppo has leveraged the power of celebrity endorsements to create buzz and generate brand awareness. Partnering with popular celebrities helped Oppo connect with its target audience and create a strong brand image.

    OPPO Reno8 | Unveil Project 8 With Ranbir Kapoor

    Engaging Social Media Campaigns

    Oppo has mastered the art of social media marketing, with creative and engaging campaigns on platforms like Facebook, Twitter, Instagram, and YouTube. The brand encourages user-generated content through campaigns like “Shot on Oppo,” where users showcase their photography skills, creating a sense of community and excitement around the brand.

    Shot on OPPO | Ollie Under Cover of Darkness

    Strategic Sponsorships

    Oppo has strategically aligned itself with high-profile partnerships like the International Cricket Council and FC Barcelona, leveraging these associations to enhance its brand visibility and appeal to its target market.

    OPPO BeAShotMaker ICC Official TVC

    Influencer Marketing

    Oppo has tapped into the power of influencer marketing by collaborating with popular influencers and content creators. These collaborations have helped Oppo reach a wider audience and create authentic connections with potential customers.

    Emphasis on User Experience

    Oppo places a strong emphasis on delivering a seamless and enjoyable user experience, from the quality of its products to its customer service. This focus on user experience has helped Oppo build a loyal customer base that advocates for the brand.

    Oppo Customer Loyalty
    Oppo Customer Loyalty

    Niche Market Targeting

    Oppo has carved out a niche in the high-end smartphone market, positioning itself as a brand that offers premium features and value-based pricing. This targeted approach has helped Oppo attract trendsetters and young consumers who seek a distinctive user experience.

    Integrated Distribution Channels

    Oppo has established a robust and integrated distribution network that spans online stores, mobile stores, supermarkets, hypermarkets, and shopping malls. This ensures that Oppo products are readily available to consumers, contributing to the brand’s wide market reach.

    Strong Online Presence

    Oppo has a strong online presence, with active engagement on social media platforms such as Facebook, Instagram, and Twitter. Oppo uses these platforms to connect with its audience, share product updates, and run engaging campaigns and contests. Oppo also maintains a user-friendly website and e-commerce platform, making it easy for consumers to browse and purchase its products online.

    Oppo Facebook Contest
    Oppo Facebook Contest

    Offline Marketing Efforts

    Oppo also invests in offline marketing efforts, such as in-store promotions, product demonstrations, and experiential events. Oppo’s offline marketing efforts aim to provide consumers with hands-on experiences with its products, allowing them to see and feel the quality and features of Oppo smartphones firsthand.

    Oppo’s marketing strategies exemplify a holistic approach that combines online and offline efforts to create engaging and memorable brand experiences for consumers. From innovative digital campaigns to immersive offline activities, Oppo leverages a variety of marketing channels to drive brand awareness, generate interest, and foster customer loyalty. Marketers and entrepreneurs can take inspiration from Oppo’s marketing strategies by adopting a multi-faceted approach that integrates different marketing channels and focuses on creating meaningful interactions with customers.

    If you’re a marketer or entrepreneur looking to elevate your marketing efforts, consider incorporating some of Oppo’s key strategies into your own marketing plans. Remember to prioritize customer-centricity, as Oppo’s marketing strategies are centered around providing value to its customers through personalized experiences and emotional connections. By understanding your customer’s needs and preferences, you can tailor your marketing efforts to resonate with them on a deeper level.

    Are you prepared to take your marketing to the next level? Take inspiration from Oppo’s innovative marketing strategies and incorporate them into your own plans. Embrace the power of digital marketing, explore offline opportunities, and prioritize customer-centricity. Start implementing Oppo-inspired strategies today and drive success for your business!

    FAQs

    What is the target audience of Oppo?

    Oppo’s target audience is the tech-savvy millennials and Gen Z enthusiasts who crave the latest gadgets, love to express their style, and demand value for their money.

    What are the main marketing strategies used by Oppo?

    Here are the top marketing strategies used by Oppo –

    • Cutting-Edge Product Innovation
    • Celebrity Endorsements
    • Engaging Social Media Campaigns
    • Strategic Sponsorships
    • Influencer Marketing
    • Emphasis on User Experience
    • Niche Market Targeting
    • Integrated Distribution Channels
    • Strong Online Presence
    • Offline Marketing Efforts
  • Top 7 Best Mobile Accessories Startups In India Leading the Industry

    Mobile Accessories is itself made up of two words. Accessories stand for the things, whose addition can increase the usefulness of the original thing.

    Mobile Accessories stand for those hardware’s that can be added up to mobile in case to increase its versatility. Mobile Accessories include the objects like chargers, earphones, Bluetooth speakers, selfie sticks, camera lens attachments, etc. There are many examples of mobile accessories.

    Concerning increasing demand and increasing uses of mobile phones. There has been a great increment in the market of mobile accessories as well.

    To overcome this, many startups have been established. Some of them have already touched the heights or are already on their peak. Some examples of them are boAT, WrapCart.com, iBall, Lava International Limited, VingaJoy which is a Brand under UBON, Dizon Brand Under Realme, Black Shark, etc.

    Let us have a look at the most winning mobile accessories startups:

    1. bOAT
    2. WrapCart.com
    3. iBall
    4. Lava
    5. VingaJoy
    6. Dizo
    7. Black Shark
      FAQs

    ‌Basics of Mobile Accessories Startups

    Planning a mobile accessories startup is not rocket science. Getting your startup in a good place is also not a big deal. However, maintaining them at the same position at least if not improving is the real talent.

    For a mobile accessories startup, the most important factors to be mindful of are market analysis, selecting a location, gathering funds, getting the business model, completing the legal procedures, looking out for different parts and their vendors, and inventory management.

    All these points are required to just start a business. Where to maintain a business, the most important thing is its fund or a source of investment. Not all startups start collecting profit from day one, some go on through a difficult way and gradually start getting fledged.

    The examples of mobile accessories startups that we are going to discuss, some have seen a direct path to success whereas some went through the hard way.

    bOAT

    bOAT logo
    bOAT logo

    boAT was first initiated in the year 2015. It is an India-based startup established by the joint efforts of Aman Gupta and Sameer Mehta.

    boAT from the start of its manufacturing up till now has been known to make different kinds of mobile accessories. Especially in the range of headphones, earphones, travel chargers, and premium rugged cables.

    The other products of boAT include wireless earbuds, wireless speakers, home audio equipment, etc.

    WrapCart.com

    WrapCart.com logo
    WrapCart.com logo

    It was established in the year 2017. It is also an Indian Startup. WrapCart was made by the efforts of young student entrepreneurs. It is an online platform mostly famous for its wrap.

    WrapCart is famous for applying accessories such as wrap fold for mobile, laptops, cards, etc. They have seen great success in just three years.

    Apart from wraps, there are some other mobile accessories also available at it. However, this store is available only as an online option and can not be accessed offline.

    iBall

    iBall logo
    iBall logo

    iBall is not a new startup. It was started in the year 2001. However, at that time, the initial product of iBall was just a mouse. With time, iBall gained much success and entered into different spaces such as the mobile market.

    iBall gained its recognition soon enough from the start of its mobile market where it was known to manufacture and supply mobiles as well as mobile accessories of its brand.

    Mobile accessories such as speakers, Bluetooth handset, wireless earphones, etc are available at iBall.

    Lava

    Lava logo
    Lava logo

    Lava International Limited Company was started in the year 2009. From the year of its start till now, it has seen great success. It is well established in many countries across the globe.

    Along with mobile accessories, Lava International Limited is known to manufacture top-quality mobile phones, laptops, etc. It is a leading handset manufacturing company that has its roots expanded in different places. With handset as its primary focus, Lava is also known to make mobile handsets.

    Mobile accessories such as earphones, wireless earphones, earbuds, etc are some of its known products.

    VingaJoy

    VingaJoy logo
    VingaJoy logo

    VingaJoy is a sub-brand of Ubon. Ubon brand was originated in Delhi by co-founders Mandeep Arora and Lalit Arora in 2004. From there on, its products have created a tussle in the mobile accessories market.

    Ubon is a tech-lifestyle brand that especially deals in developing headphones, Bluetooth speakers, chargers, cables, surge protectors, etc.

    It is known to manufacture neckband earphones, earbuds, Bluetooth speakers, AirPods, etc.

    Dizo

    Dizo logo
    Dizo logo

    Dizo is a brand under Realme’s partners TechLife Ecosystem. It is an Indian-based space used to launch new products. It was started up in 2021.

    Dizo is known to make mobile accessories also such as headphones, earphones, etc. Even though it has been started recently, the response received is quite appreciable.

    Black Shark

    Black Shark logo
    Black Shark logo

    Black Shark is a subsidiary of Xiaomi. Black Shark was founded in the year 2018. It is majorly a gaming mobile phone branch.

    Black Shark aims to provide a perfect gaming mobile to its users. Along with mobile, it is also known to produce Accessories that can be attached to mobile.

    From the time it has been launched, there have been multiple successful products on its list to look for. One of the recent products is Black Shark JoyBuds. Similar to this, many different products are available at Black Shark.


    Analysis About Global Mobile Manufacturing Market
    Global smartphone exports fell by 11.7% in the first quarter of 2020. We’ve done an analysis of mobile manufacturing companies or the mobile manufacturing industry.


    Conclusion

    With the advances made in mobile phones, people started looking up to get mobile accessories about them. As the need for manufacturing more mobile arises, on the parallel aspects, there is also a rise in the need for mobile accessories. This need has been fulfilled by new startups that are taking place across the globe.

    These startups are either a subsidiary of an already known brand or are a new brand of their own. They are winning the mobile accessories market through their top-notch products. Some of the best-winning startups have been listed above.

    FAQs

    Is phone accessories a good business?

    Starting a mobile accessories business can be very profitable and very competitive. In addition to smartphone franchises that sell accessories, independent stores and kiosks can be found in many shopping malls and other public spaces. Also, you can find many websites and online stores selling mobile accessories.

    What is the margin in mobile accessories?

    Mobile accessories profit margin lies anywhere between 30% to 60% depending on the type of marketing and product you sell. These margins are promising than building a smartphone that margins about 10%.

    Are phone case businesses profitable?

    A phone case business is a profitable way to make money online. The phone case market was worth $10 billion in 2020 and is expected to grow 7.5% annually through 2025, reaching $35.5 billion.

  • Why did the Mobile industry boom in 2020?

    Mobile Industry took its turn during early 1997 when the first GSM sim was introduced in the market. Because of GSM sim cards, it was easier to connect with people in remote areas at a cheap cost. People started buying mobile phones which turned out to be a great success for the mobile industry.

    According to research, 1.38 billion mobile phones were sold worldwide every year. The industry took a pace after companies launching new smartphones which were multi-functional in their use. Presently the youth is too attracted towards new technology ensuring that they are as updated as possible.

    But the major turning point for this industry was the year 2020 in the whole last decade. Here is why the mobile industry is booming every year and especially in 2020:

    5G Connectivity
    COVID-19
    Banking Sector
    Digital Advertisement Growth
    E-Commerce
    IoT Devices
    FAQ

    5G Connectivity

    5G is the 5th generation mobile network introduced in the world to set a new global wireless standard. The wireless technology is meant to deliver hi-speed GBPS data, increased availability of the network, and a uniform experience to its users.

    This speed is achieved by using higher frequency radio waves in addition to low and medium band frequencies used in the 4G Network (the 4th generation network).

    The latest smartphones in our mobile industry are launched with 5G band compatibility which helps to increase the speed of network and internet and also makes the work easier. The next target to achieve better growth in technology is by speeding up which is possible by 5G connectivity.

    COVID-19

    2020 is the year where most effects of the coronavirus pandemic were seen. A worldwide lockdown was going on and physical connectivity was lost, the only way to carry out the routine activities and tasks was through the help of the internet and mobile phones.

    Schools and offices were working on their systems virtually. The mobile industry got the benefit as everyone required a smartphone to carry out their routine activities and scheduled things through the medium of applications present in the smartphone.

    Also, the government was supporting the virtual method as there was a huge rise in the number of Covid patients and helped many people by providing them with smartphones and gadgets at very reasonable costs.

    Mobile manufacturers started focusing on budget smartphones that can be easily purchased by a middle-class person. Mobile companies covered all the losses they had incurred and made huge profits.

    Banking Sector

    One in every four people uses mobile banking services all over the world. Mobile banking provides the convenience and quickness of completing financial transactions via mobile applications and websites which is very feasible for their customers. Thus, banks are convincing their customers to shift to mobile banking which is directly beneficial to the mobile industry as it increases the usage of smartphones.

    Also, many people prefer to keep two separate mobile phones, one for personal use and another one for business, financial, and banking purposes to avoid mobile fraud or any hack.

    A survey was done on mobile banking trends which tells that there’s a growth of 38% in the year 2020 when compared to 2019. The banking sector in collaboration with the mobile industry can achieve much more progress in the future.

    Number of Phone users in millions
    Number of Phone users in millions

    Digital Advertisement Growth

    Looking at the growth in smartphone usage and the drastic shift towards digitalization, many companies are now considering mobile advertisement. These companies advertise through text ads or via SMS or through banner advertisements that appear embedded on a mobile website.

    Mobile Ads
    Mobile Ads

    Mobile marketing is easy to access and a very cost-effective way of marketing. Mobile media has begun to draw more significant attention from the media advertising industry since the mid-2000s, based on a view that mobile media was to change the way advertisements were made.

    Today the techniques have shifted completely and the strategies used are far more advanced. The effect of digital advertisement directly comes to the sales of the mobile industry providing digital content to the audience.

    E-Commerce

    E-Commerce started in 1979 with limited resources, but gradually increased and is now in 2020 at it is at its peak. The rise of E-commerce websites has increased in the past year as the offline stores were closed and people were forced to shop their essential items, online stores through the medium of mobile apps and websites.

    People started looking out for everything on their mobile phones and eventually now it has made people habitual to purchase goods online. This led to immense growth in the E-commerce sector.

    Every year the E-commerce sector of India increases by around 28%. And because of the Covid-19 crisis, it has increased by 41% in the year 2020. The new platform for purchasing goods is convenient and helping the mobile industry to grow even at a faster pace.

    IoT Devices

    The future is based on technology. With this mindset, software companies are focusing on mobile-based IoT devices. IoT devices are computing devices that are connected wirelessly to a network and can transmit data to many devices.

    The connected car technologies and smartwatches are a perfect example of the IoT devices which are connected to the mobile device to show information and transmit data to perform a set of operations commanded by a person. These devices will bring in the new future of the mobile industry.

    Conclusion

    Mobile Industry has seen many changes in the year 2020 and can see many more by the major players like Samsung, Apple, and Oneplus which consistently bring updates to their technology and reforms to meet the increased expectations of the consumers. Mobile phones will be taking over the future for sure with the rapid growth in the industry as well.

    FAQ

    What is the value of smartphone industry

    The smartphones market is valued at USD 714.96 billion in 2020.

    Is the smartphone industry competitive?

    Yes, the smartphone industry is a very competitive industry as it is one of the fastest growing industries in the world.

    Who has the most market share in smartphones?

    Samsung has the most market share in smartphones in 2021.