Mobile phone accessories are additional devices and equipment used to enhance the functionality of mobile phones. Other accoutrements include chargers, headphones, earbuds, phone covers, selfie sticks, pouches, and leather cases. New mobile phone accessories, including Bluetooth keyboards, wireless headphones, USB (Universal Serial Bus) for OTG (On-the-Go) smartphones, and others, have recently entered the market. Mobile phone accoutrements are available from a variety of retailers, including online shops, multi-brand stores, and single-brand stores. A multi-brand store is any establishment, organized or unorganized, that carries two or more brands. Online stores are electronic retail establishments or websites where mobile accessories can be purchased. Mono-brand stores, also known as single-brand stores, are company-owned or exclusive businesses that carry only one brand. During the period of forecast, it is anticipated that rising disposable income and mobile penetration will fuel market growth. In addition, government programs designed to increase the nation's literacy rate and employment opportunities are anticipated to fuel market growth over the forecast period. Growing urban population in India, rapid rural-to-urban migration, rising awareness of young consumers from the upper-middle-class segment, and a desire to purchase mobile phone accessories are anticipated to drive market expansion in the near future.
In 2022, the market size of India mobile phone accessories displayed a compound annual growth rate (CAGR) of 9.72% between 2023 to 2030.
Major Players in the India Mobile Phone Accessories Industry:
Kingston Technology Corporation
Kingston Technology Corporation is an American multinational computer technology corporation that develops, manufactures, sells and supports flash memory products, other computer-related memory products. It was founded in 1987 and headquartered in Fountain Valley, California, United States. It operates in more than 175 countries. At COMPUTEX 2023 in May 2023, Kingston will exhibit its most recent products, including non-binary DDR5 memory, XS1000 External SSD, Industrial SD card, and Data Center solutions.
Apple Inc.
Apple Inc. is an American multinational technology company, was founded in 1976 and headquartered in California, United States. It operates in 175 countries around the world. In June 2023, iOS 17 improves iPhone's usability and personalization. The release introduces significant updates to communications apps, simpler sharing with AirDrop, smarter text input, and new Journal and StandBy experiences.
SanDisk Corp.
SanDisk Corp. is a brand for flash memory products, including memory cards and readers, USB flash drives, solid-state drives, and digital audio players, manufactured and marketed by Western Digital. It was founded in 1988 and headquartered in California, United States. It operates its manufacturing facilities at Taiwan, Japan, China, UK, Israel, Ireland and Spain.