Global Mobile Phone Accessories Market Overview
Mobile Phone Accessories Market was valued at USD 99.3 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach USD 189.7 Billion by 2034.
Mobile phone accessories are software or hardware components that are not integral to the operation of a mobile phone. Mobile phone accessories include different type of accessories chargers, batteries, headphones, portable speakers, memory cards, protective cases and power banks. It is the safety of mobile phone devices and the safety of users while using them. The main purpose of buying cell phone equipment is security they also help you get the most out of your cell phone, Cell phone accessories have different functions, some of them are designed for safety, some for safety and some just for looks. There are many companies in the market that make cell phone accessories. Travel chargers, antenna boosters, data cables are the most popular cell phone accessories, a travel charger can help you recharge your cell phone if the battery runs low at any time while traveling, and Bluetooth is a device that can add extra capacity to your cell Phone and Bluetooth is a device that can add additional capabilities to your cell phone. An antenna booster can help increase the signal reception of your mobile phone. It is very useful if used while traveling in hills and mountains. A data cable is an accessory that helps you transfer files and data between your mobile phone and your personal computer. Growing demand for smartphones as they are effective means of communication worldwide is expected to drive the market during the forecast period.
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Global Mobile Phone Accessories Market Drivers & Restraints
Increase adoption of smartphones
Mobile phone plays an important and important role in modern life. Increase in the adoption of smartphones, as they offer effective connectivity to the digital world, and mainly drive the mobile phone accessories market. This increase in demand is due to a change in consumer preferences for listening to music on portable devices such as smartphones and tablets. The increasing penetration of IoT and AI technologies, as well as innovative technological advances in voice recognition systems, wireless audio products, clip-on headphones, as well as the precise integration of speech recognition software; there are factors driving the growth of the global market. Lack of standardization is expected to hinder the growth of the global mobile phone accessories market during the upcoming period. There is lack of proper standardization in terms of technology and components used for manufacturing mobile accessories. Undefined standards in the market lead to high production and price differentiation.
Technological advancement
Various features along with technological advancements like AI and IoT pave the way for hyper connectivity and intelligence in electronic devices. It promotes the use of wireless mobile accessories like smart wearables, smart speakers, wireless headsets and earphones and others. Furthermore, advancements in the field of smart wireless mobile accessories have resulted in the growth of the mobile phone accessories industry, with growth in the media and entertainment vertical bringing advanced photographic and video graphic mobile phone accessories. Smartphone imaging accessories such as tripods, stabilizer stands, phone lenses, instant photo printers and others are used. Rapid technological advancements, including noise cancellation technology, Bluetooth speakers, and built-in fans and lighting in selfie sticks, are expected to provide lucrative growth opportunities in the near future. However, the imposition of tariffs on imports and exports from leading manufacturing countries has led to significant changes in the global technology landscape.
Global Mobile Phone Accessories Market Segmentations & Regional Insights
The Global Mobile Phone Accessories Market is segmented based on product type, distribution channel, price range and Region. On the basis of Type, Global Mobile Phone Accessories Market is segmented into Headphone, Portable Speaker, Protective Case, Bluetooth, Power Bank, and Others. On the basic of Distribution Channel, Global Mobile Phone Accessories Market is segmented into Online and Offline. On the basis of Price range, the target market is segmented into Premium, Medium and low. The demand for chargers and headphones is also expected to grow significantly in the coming years. It has been observed that accessories such as chargers and headphones are generally supplied by original equipment manufacturers. As modern-day smartphone batteries cannot withstand heavy usage, the demand for power banks is expected to grow rapidly.
Regional Insights:
On region the Global Mobile Phone Accessories Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America shows high dominance in the global mobile phone accessories market, holding the highest market shares. This is attributed to factors such as increasing adoption of wireless accessories, presence of advanced technology and high trend towards digitalization.
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024– 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
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
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Mobile Phone Accessories Market report based on Product, Distribution Channel, Price Range and Region:
Global Mobile Phone Accessories Market, By Product:
- Headphone
- Portable Speaker
- Protective Case
- Bluetooth
- Power Bank
- Others
Global Mobile Phone Accessories Market, By Distribution channel:
- Online
- Offline
Global Mobile Phone Accessories Market, By Price Range:
- Premium
- Medium and Low
Global Mobile Phone Accessories Market, By Region:
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-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Mobile Phone Accessories Market Competitive Landscape & Key Players
The key players operating the Global Mobile Phone Accessories Market includes Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, Apple, Inc., JVC Kenwood Corporation, Plantronics, Inc., Bose Corporation, Plantronics, Inc., Energizer Holdings, Inc., and Griffin Technology. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, In September 2022, introducing the Galaxy Tab Active4 Pro: A Rugged Device Designed for the New Mobile Workforce, Samsung Electronics Co., Ltd. has released the new Galaxy Tab Active4 Pro – a versatile tablet that's rugged and portable enough to boost productivity beyond the office. With military-grade toughness, advanced productivity features and the Samsung Knox security platform, the Galaxy Tab Active4 Pro is designed to thrive under the pressures of today's mobile business.
Global Mobile Phone Accessories Market Company Profile
- Samsung Electronics Co Ltd*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sony Corporation
- Panasonic Corporation
- Apple, Inc.
- JVC Kenwood Corporation
- Plantronics, Inc.
- Bose Corporation
- Plantronics, Inc.
- Energizer Holdings, Inc.
- Griffin Technology
“*” marked represents similar segmentation in other categories in the respective section
Global Mobile Phone Accessories Market Highlights
FAQs
Mobile Phone Accessories Market report segments the market on the basis product, distribution channel, price range, and region.
Surging demand for smartphones and tablets is the major driver for mobile phone accessories market. Steady decline in smartphone price and increasing focus on aesthetics is also expected to foster the market.
Asia Pacific is expected to boost the demand for mobile phone accessories.
The leading players operating in the Global Mobile Phone Accessories Market includes Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, Apple, Inc., JVC Kenwood Corporation, Plantronics, Inc., Bose Corporation, Plantronics, Inc., Energizer Holdings, Inc., and Griffin Technology.