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Global Mobile Phone Accessories Market Report 2024-2032 by

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Dublin, May 30, 2024 (GLOBE NEWSWIRE) — The ‘Global Mobile Phone Accessories Market Report by Product Type, Price Range, Distribution Channel and Region 2024-2032’ report has been added. ResearchAndMarkets.com offering.

The global mobile phone accessories market size reached USD 90.0 billion in 2023. The market is expected to reach USD 139.2 billion by 2032, growing at a CAGR of 4.96% during 2023- 2032.

The proliferation of smartphones, significant technological advancements in customization and personalization, protection and durability of devices, evolving lifestyles and connectivity ideas, and growing e-commerce and online retail are some of the major factors driving the market.

Mobile phone accessories are a diverse range of complementary products designed to enhance and complement the functionality and aesthetics of mobile devices. These accessories play a key role in personalizing, protecting and expanding the capabilities of smartphones and other mobile devices. The most popular types of mobile phone accessories include protective cases and covers, screen protectors, chargers and power banks, earphones and headsets, Bluetooth speakers, pop sockets and mobile phone stands.

These accessories not only protect devices from physical damage, but also allow users to express their individual style and preferences. Moreover, mobile phone accessories respond to the changing technological landscape, adapting to new features and requirements of modern devices. With the growing demand for connectivity and convenience, wireless chargers, fast charging cables and hands-free car mounts have become more important.

The widespread adoption of smartphones on a global scale underpins the mobile accessories market. As smartphones become an integral part of everyday life, there is an increasing demand for accessories that optimize their usability, protection and personalization. Additionally, consumers are trying to differentiate their mobile devices from others, which is driving demand for customizable accessories. Cases, skins and pop slots allow users to express their individual style and preferences, contributing to the growth of the accessories market. Additionally, as smartphones become more sophisticated and expensive, consumers are eager to protect their investments.

Protective cases, tempered glass screen protectors and rugged accessories solve these problems, ensuring the durability of your devices. Additionally, as mobile devices expand beyond communication tools to encompass various aspects of modern life, there is a growing need for accessories to support this evolution. Car mounts, wireless headphones and portable power banks meet users’ on-the-go and connected needs. Therefore, the development of e-commerce platforms provides consumers with easy access to a wide range of mobile accessories. Online marketplaces enable customers to browse and buy accessories from all over the world, fueling the growth of the market.

Moreover, the endorsement of mobile accessories by influencers and celebrities increases their visibility and attractiveness among consumers. This trend is driving demand as consumers want to emulate the choices of their favorite personalities. In addition, the continuous development of mobile device technology stimulates the development of appropriate accessories. Innovations like wireless charging, high-resolution displays, and improved audio capabilities are prompting the creation of accessories to complement these features, such as wireless chargers, screen protectors, and high-quality headphones.

Mobile phone accessories market trends/drivers

Growing distribution of smartphones

As smartphones become essential tools for communication, productivity, entertainment and more, consumers are increasingly looking for ways to enhance the capabilities and aesthetics of their devices. This demand has led to the development of a wide range of accessories, including protective cases, screen protectors and portable chargers. As smartphone ownership becomes almost ubiquitous, mobile accessory companies have a broad and diverse customer base to reach. The need to differentiate devices from others and protect investments is driving demand for accessories that offer functionality, style and individuality.

Rapid technological progress

As smartphones integrate cutting-edge features such as wireless charging, multi-camera systems, and high-resolution displays, accessory manufacturers are responding by creating complementary products that enhance these features. Wireless charging pads and stands take advantage of the convenience of wireless technology, while advanced camera lenses and clip-on accessories expand your photography possibilities. Moreover, accessories such as screen protectors are designed to maintain the clarity of high-resolution displays. The interplay of technological advancements and accessory development creates a symbiotic relationship that fosters continuous evolution and growth in both sectors.

Personalization and customization

Cases, coatings and mounts are available in a myriad of colors, patterns and materials, allowing users to reflect their unique style preferences. This factor particularly appeals to younger generations who want to stand out and present their identity through their devices. This demand for personalization goes beyond aesthetics; users are also looking for functional accessories that fit their lifestyle, such as armbands for fitness enthusiasts and magnetic car mounts for frequent travelers. Manufacturers that offer a variety of customization options and meet specific user needs position themselves favorably in this competitive market where accessories become a reflection of the user’s personality and needs.

Competitive environment

Key players are investing heavily in research and development (R&D) to create cutting-edge accessories that are compatible with the latest mobile device technologies. This involves the development of wireless charging solutions, noise-cancelling headphones and accessories that integrate seamlessly with new features such as augmented reality (AR) and virtual reality (VR).

Additionally, they engage in strategic partnerships and collaborations with mobile device manufacturers to ensure compatibility and improve user experiences. By working closely with smartphone brands, key players can produce accessories that perfectly complement new device models and leverage the brand’s marketing reach. In addition, marketing and branding activities play a key role.

Key players are focused on establishing themselves as authoritative voices in the industry through content marketing, influencer collaborations and thought leadership initiatives. These efforts help shape consumer perceptions and drive demand. E-commerce strategies are also crucial as key players leverage online platforms to effectively reach audiences around the world.

This includes optimizing online marketplaces, offering personalized shopping experiences and using data analytics to understand consumer behavior and trends. Moreover, sustainability and environmental responsibility are gaining importance. Many key players are taking steps to produce eco-friendly accessories by using recyclable materials and minimizing waste.

The report contains a comprehensive analysis of the competitive environment on the market. Detailed profiles of all major companies are also provided.

Key questions answered in this report

  • What was the global mobile phone accessories market size in 2023?
  • What is the expected growth rate of the global mobile phone accessories market during 2024-2032?
  • What are the key factors driving the global mobile phone accessories market?
  • What impact has the COVID-19 pandemic had on the global mobile phone accessories market?
  • How is the global mobile phone accessories market divided by product type?
  • How is the global market for mobile phone accessories divided according to distribution channel?
  • What are the key regions in the global mobile phone accessories market?
  • Who are the major players/companies in the global mobile phone accessories market?

Key Features:

Report attribute Details
number of pages 137
Forecast period 2023 – 2032
Estimated market value (USD) in 2023 90 billion dollars
Projected market value (USD) until 2032 $139.2 billion
Compound annual growth rate 4.9%
Regions covered Global

The key players on the market include:

  • Apple Inc.
  • Bose company
  • Energizer Holdings Inc.
  • JVCKENWOOD company
  • Kingston Technology Corporation
  • Panasonic Corporation, Plantronics Inc.
  • Samsung Electronics Co. Ltd.
  • Sennheiser Electronic GmbH & Co. KG
  • Sony Corporation
  • Western Digital Company
  • Xiaomi company

Segmentation of the mobile phone accessories industry

Division by product type:

  • Headphones/Headphones
  • Portable speaker
  • Charger
  • Memory card
  • Powerbank
  • Protective case
  • Guardians of the screen
  • Popsockets
  • Others

Breakdown by price range:

Division by distribution channels:

Breakdown by region:

  • North America
  • United States
  • Canada
  • Asia and the Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

More information about this report can be found at https://www.researchandmarkets.com/r/3zc9k6

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  • Global market for mobile phone accessories