Mobile Phone Accessories Market, by Product Type (Headphone, Portable Speaker, Protective Case, Bluetooth, Power Bank, and Others), by Distribution Channel(Online and Offline), by Price Range(Premium, Medium and Low),and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026
- Report code : CMI232070 |
- Industry :
Consumer Electronics
- Published On : Aug 2018 |
- Pages : 203 Pages |
- Format :
Mobile Phone Accessories Market
Mobile phone accessories consist of products responsible for enhancing the appearance and productivity of a mobile phone. Some of the mobile phone accessories include, headphone, protective cases, power bank, portable speakers, and others.
Market Driver:
The increasing adoption of smartphones worldwide is one of the key factors driving growth of the market. For instance, according to the Coherent Market Insights analysis, the sale of smartphone in 2014 was 367,334.7(thousand units) and reached to 403,109.4 (thousand units) in 2015 worldwide.
Figure 1: Mobile Phone Accessories Market: Regional Analysis, 2017
Source: Coherent Market Insights Analysis, 2018
Furthermore, increasing disposable income that promote consumers to highly spend on media, entertainment, networking, and mobile communication is major factor contributing in increasing demand for smartphones, which in turn is expected to propel growth of the mobile phone accessories market. Use of portable devices such as smartphones, tablets, and others for listening music increases the demand for accessories such as headphones, Bluetooth and WiFi speakers, which is expected to drive growth of the mobile accessories market during the forecast period (2018-2026).
However, increasing incidence of hearing impairment in users is one of the major factors affecting growth of the mobile phone accessories market. For instance, according to the study conducted by the American Academy of Otolaryngology, in April 2018, increasing usage of cell phone over 60 minutes per day could result in damaging hearing ability. Moreover, according to the World Health Organization (WHO), over 5% of the world’s population suffers from hearing impairment. Hence, all these factors will adversely affect growth of the market.
Figure 2: Key Vendors in the Mobile Phone Accessories Market by Product Type, 2026
Source: Coherent Market Insights Analysis, 2018
Mobile phone protective case accounted for the largest market share in 2017
On the basis, of product type the protective case accounted the largest market share in 2017 and expected to remain largest during the forecast period (2018-2026), owing to increasing demand of wireless accessories. The factor attributed to growth of the market is technological advancements in various audio devices that have transformed the fashion of listening music. This factor is expected to increase demand for wireless audio devices such as portable Bluetooth speakers. Moreover, Bluetooth speakers provide hassle free maintenance, increased durability, and good functionalities that attract consumer towards the adoption of Bluetooth for their devices. Such high adoption of wireless devices is expected to fuel growth of the market during the forecast period (2018-2026).
Asia Pacific mobile accessories market accounted for the largest market share during forecast period.
Asia Pacific exhibited the largest market share over the forecast period, owing to increasing number of smart phones users in emerging economies such as India and China. For instance, according to the Coherent Market Insights analysis, 28.5% people in India used smartphones in 2016 and the number increased to 32.3% in 2017. Similarly, China registered 52.9% smartphone users in 2016 and the number increased to 56.8% in 2017. The rise in number of smartphone users in Asia Pacific is due to increasing number of internet users in the developing economies such as India and China. For instance, according to the Internet World Stats, in China, number of internet users in 2015 was 705.9 million and it increased to 721.4 million in 2016.Similarily, in India the number of internet users was 354.1 million in 2015 and it increased to 462.1 million in 2016. Therefore, increasing number of internet users is expected to boost sales of smartphones, which in turn is expected to propel demand for mobile phone accessories in the region.
Key companies
Major players operating in the global mobile accessories market include, Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, Apple, Inc., JVC Kenwood Corporation, Plantronics, Inc., Bose Corporation, Griffin Technology, Otter Products, LLC, Sennheiser Electronics GmbH & Co. KG and others.
Mobile phone accessories are collection of hardware that help in enhancing the functionality of mobile devices. Mobile phone accessories help consumers to protect their phone from being snatched or breakage and enable listening to music through headsets. Mobile phone accessories include, Bluetooth, portable speaker, power bank, headphones, and others. Mobile phone accessories help to keep the mobile phones safe from damage and also make smartphones look trendy.
Market Dynamics
Key players such as Apple, Inc., Samsung, Panasonic Corporation, and others are focused on investments and R&D to increase the functionality and features of smartphones. This in turn is expected to help companies to differentiate their products from competitors and maintain strong presence in the market. For instance, according to the Coherent Market Insights’ analysis, Samsung Electronics Co invested US$ 12.6 billion on mobile research and development (R&D) activities in 2015 for developing new technology and products, which further increases the demand for mobile phone accessories during the forecasted period.(2018-2026).
According to GSM Association Intelligence Report’s published in October 2016, 44% smartphone users worldwide are subscribed to internet connectivity and this is projected to surpass 60% by 2020. Proliferation of smartphones and high internet usage in conjunction with significant paradigm shift of consumers from physical payments to digital transaction is among the key trends to increase demand for smartphones. Accelitec WalletBuilder, Adyen, Airtel Money, Paytm, Allied Wallet, Alipay, and Amazon Pay are some of the prominent payment modes that have gained significant traction in the recent past. Increasing ease of transactions through these payment mediums has led to significant rise in use of smartphones and this in turn is expected to be another factor for propelling demand for mobile phone accessories during forecast period.
Key features of the study:
- This report provides in-depth analysis of mobile phone accessories market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018– 2025), considering 2017 as the base year
- It elucidates potential revenue opportunity 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 key players in the market
- It profiles key players in the global mobile phone accessories market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, mobile phone accessories market capital, key developments, strategies, and future plans
- Companies covered as part of this study include, Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, Apple, Inc., JVC Kenwood Corporation, Plantronics, Inc., Bose Corporation, Griffin Technology, Otter Products, LLC, Sennheiser Electronics GmbH & Co. KG (Germany), and others
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
- The global mobile phone accessories market report caters to various stakeholders in this industry including, investors, suppliers, manufacturers, 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:
- Headphone
- Protective Case
- Portable Speaker
- Bluetooth
- Power Bank
- Other Products
- Global Mobile Phone Accessories Market, By Distribution Channel:
- Online
- Off-line
- Global Mobile Phone Accessories Market, By Price Range:
- Premium
- Medium
- Low
- Global Mobile Phone Accessories Market, By Geography:
- North America
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- U.S.
- Canada
- Europe
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- By Product Type
- By Distribution Channel
- By Price Range
- By Country:
- Northern Africa
- Central Africa
- South Africa
- Company Profiles
- Samsung Electronics Co., Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Sony Corporation
- Panasonic Corporation
- Apple, Inc.,
- JVC Kenwood Corporation.
- Plantronics, Inc.,
- Bose Corporation
- Plantronics, Inc.,
- Energizer Holdings, Inc.
- Griffin Technology
- Samsung Electronics Co., Ltd.*
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Price Range
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter’s Analysis
- PEST Analysis
- Global Mobile Phone Accessories Market, By Product Type, 2016–2025 (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Headphone
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Protective Case
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Portable Speaker
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Bluetooth
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Power Bank
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Global Mobile Phone Accessories Market, By Distribution Channel, 2016–2025 (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Offline
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Global Mobile Phone Accessories Market, By Price Range, 2016–2025 (US$ Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Premium
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Medium
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Low
- Introduction
- Market Size and Forecast, 2016–2025, (US$ Million)
- Global Mobile Phone Accessories Market, By Regions, 2016–2025 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Others
- Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Brazil
- Mexico
- Others
- Middle East
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- GCC Countries
- Israel
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2016–2025 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016–2025 (US$ Million)
- Market Size and Forecast, By Price Range, 2016–2025 (US$ Million)
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Northern Africa
- Central Africa
- South Africa
- Competitive Landscape
- Company Profiles
- Samsung Electronics Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sony Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Panasonic Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Apple, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- JVC Kenwood Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Plantronics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bose Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Plantronics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Energizer Holdings, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Griffin Technology
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Samsung Electronics Co., Ltd.
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 60 market data tables and 40 figures on "Mobile Phone Accessories Market - Global forecast to 2025”.
Related Insights :
Share
Choose License Type
"How Can I Help You" ?
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Key Benefits
Custom Research Solution
Talk to our research consultant to design an exclusive report as per your research needs.
Customer Fulfilment
We aim to fulfil client's research demands with tailored research solutions.
Quick Turnaround Time Reports
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
360-degree Approach
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
Assured Quality
We strive to provide most accurate and reliable research findings in our research reports.