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Mobile Accessories Market Size was assessed at USD 164.22 billion in 2022. During the projection period (2022-2030), the mobile accessories market is expected to increase from USD 177.18 billion in 2023 to USD 310.7 billion by 2030, displaying a CAGR of 9.30%. Smartphones' ever-increasing popularity is driving the need for mobile accessories by providing users with constant access to the internet. The rising popularity of wireless gadgets is largely responsible for the sudden proliferation of related accessories.
Reduced shipments of smartphones translated into lessening demand for mobile phone accessories, which in turn impacted growth in the mobile accessories market. As a result of the lockdown, revenue growth slowed. However, despite the lockdown having a significant influence on the supply of these products, the impact was simply transitory, and the mobile accessory market has started to observe a resurgence in sales after the restrictions were lifted.
In 2021, however, as regulations were eased, a consistent market emerged for mobile accessories including headphones and earphones. Mobile accessories for work, fitness, gaming, and studying saw an extraordinary spike in demand as a substantial portion of the working population remained restricted to their homes. Sales of mobile accessories also skyrocketed around that time because to the rising popularity of over-the-top (OTT) services like Netflix and Amazon Prime Video.
Mobile accessory sales are also expected to rise as a result of the rising popularity of wireless devices and the rapid pace at which technology evolves. New technologies like wireless headsets and speakers are being developed by firms. Recent market demand is higher than ever because of this. In addition, as teens strive to stay up with the latest innovations in the marketplace, they are driving up demand for smartphone add-ons like cases and headphones.
In today's highly technical world, smart devices like smartphones, smart watches, and tablets are in high demand. Thanks to smartphones, SMS, text messages, calls, video chat, and applications, people all over the world can instantly communicate with one another. They're easy to carry around thanks to their compact size and light weight. Those on a tight budget have a few viable choices. Smartphone sales have skyrocketed as a result of the widespread use of mobile media. As incomes rise and economies grow, smartphone demand has risen across the board, but especially in emerging Asian markets. The market for mobile accessories responds to the increasing demand for smartphones. There are a plethora of smartphone enhancement apps that may be used in conjunction with various mobile accessories. Accessories such as power banks, Bluetooth joysticks, headphones, protective cases, and screen protectors all serve to make mobile life easier and more enjoyable. As a result, this is what's pushing the mobile accessory market's CAGR higher.
In addition, studies show that mobile gaming now makes up 60% of the global gaming market. Because of this, products like Bluetooth gamepads, triggers, cooling fans, and noise-cancelling headphones have become more popular additions to mobile devices. The widespread popularity of mobile games can be attributed, in part, to the ease with which they can be downloaded and played. The barriers to entry for making a mobile game are lower for both developers and publishers because most newly released games use a free-to-play business model. Mobile games are famous for their originality and for having games that are on par with those on consoles. The market will be propelled over the forecast period by the expansion of the mobile gaming industry and the release of console-quality games on mobile devices.
Report Coverage
Global Mobile Accessories research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Mobile Accessories report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Mobile Accessories competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Mobile Accessories market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Mobile Accessories market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Mobile Accessories market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (US), JVC Kenwood Corp. (Japan), Plantronics Inc. (US), Bose Corporation (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Mobile Accessories market based on the below-mentioned segments:
Global Mobile Accessories Market, By Price Range
Premium
Medium
Low
Global Mobile Accessories market, By Product
Headphone
Protective Cases
Power Bank
Portable Speaker
Global Mobile Accessories Market, By Distribution Channel
Online
Offline
Global Mobile Accessories market, Regional Analysis
Reduced shipments of smartphones translated into lessening demand for mobile phone accessories, which in turn impacted growth in the mobile accessories market. As a result of the lockdown, revenue growth slowed. However, despite the lockdown having a significant influence on the supply of these products, the impact was simply transitory, and the mobile accessory market has started to observe a resurgence in sales after the restrictions were lifted.
In 2021, however, as regulations were eased, a consistent market emerged for mobile accessories including headphones and earphones. Mobile accessories for work, fitness, gaming, and studying saw an extraordinary spike in demand as a substantial portion of the working population remained restricted to their homes. Sales of mobile accessories also skyrocketed around that time because to the rising popularity of over-the-top (OTT) services like Netflix and Amazon Prime Video.
Mobile accessory sales are also expected to rise as a result of the rising popularity of wireless devices and the rapid pace at which technology evolves. New technologies like wireless headsets and speakers are being developed by firms. Recent market demand is higher than ever because of this. In addition, as teens strive to stay up with the latest innovations in the marketplace, they are driving up demand for smartphone add-ons like cases and headphones.
In today's highly technical world, smart devices like smartphones, smart watches, and tablets are in high demand. Thanks to smartphones, SMS, text messages, calls, video chat, and applications, people all over the world can instantly communicate with one another. They're easy to carry around thanks to their compact size and light weight. Those on a tight budget have a few viable choices. Smartphone sales have skyrocketed as a result of the widespread use of mobile media. As incomes rise and economies grow, smartphone demand has risen across the board, but especially in emerging Asian markets. The market for mobile accessories responds to the increasing demand for smartphones. There are a plethora of smartphone enhancement apps that may be used in conjunction with various mobile accessories. Accessories such as power banks, Bluetooth joysticks, headphones, protective cases, and screen protectors all serve to make mobile life easier and more enjoyable. As a result, this is what's pushing the mobile accessory market's CAGR higher.
In addition, studies show that mobile gaming now makes up 60% of the global gaming market. Because of this, products like Bluetooth gamepads, triggers, cooling fans, and noise-cancelling headphones have become more popular additions to mobile devices. The widespread popularity of mobile games can be attributed, in part, to the ease with which they can be downloaded and played. The barriers to entry for making a mobile game are lower for both developers and publishers because most newly released games use a free-to-play business model. Mobile games are famous for their originality and for having games that are on par with those on consoles. The market will be propelled over the forecast period by the expansion of the mobile gaming industry and the release of console-quality games on mobile devices.
Report Coverage
Global Mobile Accessories research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Mobile Accessories report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Mobile Accessories competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Mobile Accessories market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (US), JVC Kenwood Corp. (Japan), Plantronics Inc. (US), Bose Corporation (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Mobile Accessories Market from 2021 to 2030.
- Market Forecast for Mobile Accessories Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Mobile Accessories competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Mobile Accessories
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Mobile Accessories market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Mobile Accessories market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (US), JVC Kenwood Corp. (Japan), Plantronics Inc. (US), Bose Corporation (US)
Primary Target Market
- Market Players of Mobile Accessories
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Mobile Accessories market based on the below-mentioned segments:
Global Mobile Accessories Market, By Price Range
Premium
Medium
Low
Global Mobile Accessories market, By Product
Headphone
Protective Cases
Power Bank
Portable Speaker
Global Mobile Accessories Market, By Distribution Channel
Online
Offline
Global Mobile Accessories market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive mobile accessories market market research and competitor analysis for your business to help you develop more profound insights into the mobile accessories market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the mobile accessories market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.