Mobile phone accessories are external hardware tools that are designed as an integral part of a mobile smartphone by the manufacturer. These accessories include protective cases, USB cables, headphones, data cables, Bluetooth headsets, power banks, screen protectors, mobile chargers, etc. The mobile phone accessories market offers immense opportunities to manufacturers due to a large number of mobile device users and substantial growth in adoption of smartphones and tablets. The mobile phone accessories market offers immense opportunities to manufacturers due to a large number of mobile device users and substantial growth in adoption of smartphones and tablets. The global mobile phone accessories market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Market Dynamics
Increasing disposable income and rising global population is expected to drive growth of the global mobile phone accessories market. According to Coherent Market Insights’ analysis, in 2017, global disposable income increased by 4.1% as compared to 2018. Increasing population in developing economies such as China, India and MEA countries expected to propel the global market for mobile phone accessories in the forecast period. According to the United Nations (UN), global population is expected to reach 9.6 billion by 2050, increasing from 7.2 billion in 2013.
Furthermore, change in user behavior of tech savvy consumer developing economics such as China, India is changing toward rapidly adopting new technology. According to Coherent Market Insights analysis, people are preferring to change their smartphone less than 3 years and accessories such as earphones less than 2 years. This behavior of consumer expected to drive the mobile phone accessories market in the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global mobile phone accessories market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global mobile phone accessories market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the global mobile phone accessories market includes Panasonic Corporation, JVC Kenwood Corporation, Sennheiser Electronic GmbH & Co. KG, Energizer Holdings, Inc., Sony Corporation, Plantronics, Inc., Samsung Electronics Co., Ltd., BYD Co Ltd., Apple Inc., and Bose Corporation.
- These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global mobile phone accessories market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global mobile phone accessories market.
Detailed Segmentation:
- Global Mobile Phone Accessories Market, By Product Type:
- Battery
- Charger
- Headphone/Earphone
- Memory Card
- Portable Speaker
- Protective Case
- Others
- Global Mobile Phone Accessories Market, By Price Range:
- Global Mobile Phone Accessories Market, By Distribution Channel:
- Multi-brand Store
- Organized Store
- Independent Store
- Single Brand Store
- Online Store
- Global Mobile Phone Accessories Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Panasonic Corporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- JVC Kenwood Corporation
- Sennheiser Electronic GmbH & Co. KG
- Energizer Holdings, Inc.
- Sony Corporation
- Plantronics, Inc.
- Samsung Electronics Co., Ltd.
- BYD Co Ltd.
- Apple Inc.
- Bose Corporation.
*Browse all the market data tables and figures on “Global Mobile Phone Accessories Market- Forecast to 2028”