Mobile Accessories Market Size, Share, And Growth Report 2032

Mobile Accessories Market: Size

The global Mobile Accessories Market size was worth around USD 94.63 billion in 2023 and is predicted to grow to around USD 172.52 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.9% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Mobile Accessories Market on a global and regional level.

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Mobile Accessories Market: Overview

The global mobile accessories market is expected to witness positive growth within the forecast time period. Mobile phone accessories are external devices designed by manufacturers to increase the functionality of mobile phones. Mobile phone accessories are as important as a mobile phone in our day-to-day lives. The growing number of smartphone users and the declining prices of these accessories due to heavy competition in the market are expected to drive the global mobile accessories market. Moreover, technological innovations, such as wireless accessories, and low electricity and power requirements have also been aiding the mobile accessories market globally.

Furthermore, the fall in the average selling price of mobile phones is attracting large groups of consumers from middle- and low-income groups to purchase mobile phone accessories, which will help in surging the demand for mobile phone accessories in the years ahead. However, the lack of standardization and the threat of piracy may hamper the global mobile accessories market. The market growth may also be hindered by the high demand for low-priced accessories along with the intense competition from the local players that offer products at competitive prices to the customers. Technological advancements are expected to provide new growth opportunities to the key market players in the future.

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Mobile Accessories Market: Segmentation

The study provides a decisive view of the mobile accessories market by segmenting it based on type, distribution channel, price range, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The type segment is fragmented into headphone/earphone, battery, charger, protective case, portable speaker, and others. The portable speakers and headphone/earphone segments have registered remarkable growth in the past few years, owing to their ability to operate efficiently with ease. The protective cases, on the other hand, have become a style statement. Printed protective cases with different initials, pictures, logos, and shapes are in high demand.

The distribution channel segment includes online and offline.

By price range, the market for mobile accessories is categorized into low, medium, and premium.

Mobile Accessories Market: Report Scope

Mobile Accessories Market: Regional Analysis

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America is the leading region for mobile accessories market globally, due to the high per capita income of the regional population. The end-users in North America prefer quality products that are trendy and branded, which, in turn, increases the regional demand for premium-priced mobile accessories. Moreover, the technological developments witnessed across the region are expected to further drive the North American mobile accessories market over the forecast time period. The Asia Pacific mobile accessories market is expected to witness significant growth in the future, owing to the large demand for mobile accessories r to meet the growing demands of rapid urbanization.

Mobile Accessories Market: Competitive Players

Some key participants operating in the global mobile accessories market include:

• Panasonic Corporation
• Sennheiser Electronics
• Sony Corporation
• Samsung Electronics
• Apple
• Bose Corporation
• BYD
• Plantronics
• Energizer Holdings
• JVC Kenwood Corporation

The Global Mobile Accessories Market is segmented as follows:

Global Mobile Accessories Market: Type Analysis

• Headphone/Earphone
• Battery
• Charger
• Protective Case
• Portable Speaker
• Others

Global Mobile Accessories Market: Distribution Channel Analysis

• Offline
• Online

Global Mobile Accessories Market: Price Range Analysis

• Low
• Medium
• Premium

Global Mobile Accessories Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa