Dublin, October 29, 2021 (GLOBE NEWSWIRE) – The “Mobile Phone Accessories Market by Product, by Distribution Channel, by Price Range – Global Opportunity Analysis and Industry Forecast, 2021-2030” the report was added to ResearchAndMarkets.com offer.
The global mobile phone accessories market size, valued at USD 202.45 billion in 2020, is expected to reach USD 328.70 billion by 2030 with a CAGR of 4.5% from 2021-2030.
Global digitization is leading to increased dependence on smart gadgets, especially cell phones. The improved connectivity spectrum tends towards higher adoption of mobile phones at the individual level, thus leading to the consequent growth of the mobile phone accessories market. Cell phone accessories are the hardware components, insignificant in the operation of cell phones, but are necessary to provide further support, product improvement and a greater factor of convenience. This includes innovative accessories such as external batteries, power banks, wireless headphones, wireless chargers, memory card, protective case, screen protectors and many more.
Market dynamics and trends
The mobile phone accessories market is flourishing due to the increased adoption of mobile phones globally. According to a survey, the total number of smartphone shipments in the third quarter of 2019 reached 352.4 million units. Growing penetration of IoT and AI technologies, as well as innovative technological advancements in speech recognition systems, wireless audio products, clip-on headphones, as well as the precise integration of speech recognition software; are the growth factors of the world market.
In addition, rapid urbanization, increasing per capita income globally, a greater inclination towards social networking sites and the growing demand for trendy mobile accessories, especially from the younger generation, are expected to propel the growth of the mobile phone accessories market in coming future.
However, the increased use of headphones resulting in hearing loss issues and fierce competition among major manufacturers resulting in higher tariffs imposed on international trade are the factors that are expected to hamper the growth of the mobile phone accessories market over the course of of the forecast period.
Additionally, advanced product launches by market players, growing demand for wireless accessories and fast processing software, as well as technological advancements in imaging and photography accessories, are opening new avenues to lucrative opportunities in the global mobile phone accessories market.
Market segments and scope of the study:
The analysis of the global mobile phone accessories market share is based on product, distribution channel, price range and geography. Based on the product, the market is segmented into battery, headset / earphone, portable speaker, charger, memory card, power bank, battery case, protective case, and others. Based on the distribution channel, the market is divided into online and offline. Based on the price range, the market is divided into low, mid, and high end. The geographic breakdown and analysis for each of the previously mentioned segments include regions including North America, Europe, Asia Pacific, and Rest of the World.
The highly competitive and fragmented mobile phone accessories market is made up of different market players. Major market players include Apple Inc., Bose Corporation, BYD Co. Ltd, Energizer Holdings Inc., JVCKENWOOD Corporation, Panasonic Corporation, Plantronics Inc., Sennheiser Electronic GMBH, Samsung Electronics and Sony Corporation, among others.
Past efforts, current developments and futuristic advancements, sum up to understand the overall growth of the mobile phone accessories market. For example, in September 2019, Sennheiser’s premium MOMENTUM line of headphones entered its third generation, with the launch of the new MOMENTUM Wireless at IFA 2019. Sennheiser’s headphones claim to be the latest addition to the ‘iconic line of audio specialist ”that delivers superior sound, modern design aesthetics, cutting-edge technology and a touch of handcrafted indulgence every moment.
In February 2020, a leading player in the global mobile phone accessories market, Samsung Electronics collaborated with iconic New York fashion brand Thom Browne to present their “Galaxy Z Flip Thom Browne Edition”. The Galaxy Z Flip Thom Browne Edition builds on Samsung’s all-new Galaxy Z Flip device, complemented by Galaxy Buds + and Galaxy Watch Active2, exemplifying the fashion brand’s bold and timeless style to introduce a revolutionary smartphone experience. foldable. The limited edition smartphone is the first of its kind to be covered in glass while having a matte appearance that is soft to the touch and easy to hold with a classic gray pebble leather phone case, with the distinctive Thom Browne brand colors towards the top. down the center; the perfect blend of art and technology.
Main topics covered:
2. Market Overview, 2019-2030 Million USD
3. Analysis of Porter’s five forces model
4. Market Share Analysis, 2020 (%)
4.1. Vendor Share Analysis of Cell Phone Accessories Market
4.2. Mobile Phone Accessories Market Vendor Share Analysis, By Geography (USD Million)
4.5. Portable speakers
4.7. Memory card
4.8. Power bank
4.9. Protective case
4.10. Battery compartment
4.11. Bluetooth speaker
4.12. Screen protector
4.13. Smart watch
4.14. Fitness bands
4.15. Ar and VR headsets
4.16. Ride and stand
4.17. Data cables
4.18. Selfie sticks
5. Market dynamics
5.1. Growth drivers
5.1.1 Growing demand for wireless accessories
5.1.2 Increased adoption of smartphones
5.1.3 Strong distribution network
5.2.1 Impact of the supply disruption due to the coronavirus epidemic
5.2.2 Adverse effect of hearing ability
5.3.1 Rapid technological advances
5.3.2 Growing Need for Convenience
6. Global Mobile Phone Accessories Market, By Product Type
7. Global Mobile Phone Accessories Market, By Distribution Channel
8. Global Mobile Phone Accessories Market, By Price Range
9. Global Mobile Phone Accessories Market, By Region
10. Company profiles
10.1. Apple Inc.
10.1.1 Company overview
10.1.2 Company Overview
10.1.3 Operational business sectors
10.1.4 Product portfolio
10.1.5 Commercial performance
10.1.6 Key strategic movements and development
10.2. Bose Company
10.2.1 Company overview
10.2.2 Company Overview
10.2.3 Operational business sectors
10.2.4 Product portfolio
10.2.5 Commercial performance
10.2.6 Key strategic movements and development
10.3. Byd Company Ltd.
10.3.1 Company overview
10.3.2 Company Overview
10.3.3 Operational business sectors
10.3.4 Product portfolio
10.3.5 Commercial performance
10.3.6 Main strategic movements and development
10.4. Energizer Holdings, Inc.
10.4.1 Company overview
10.4.2 Company Overview
10.4.3 Operational business sectors
10.4.4 Product portfolio
10.4.5 Commercial performance
10.4.6 Key strategic movements and development
10.5. Jvckenwood Company
10.5.1 Company overview
10.5.2 Company Overview
10.5.3 Operational business sectors
10.5.4 Product portfolio
10.5.5 Commercial performance
10.5.6 Main strategic movements and development
10.6. Panasonic Corporation
10.6.1 Company overview
10.6.2 Company Overview
10.6.3 Operational business sectors
10.6.4 Product portfolio
10.6.5 Commercial performance
10.6.6 Main strategic movements and development
10.7. Plantronics, Inc.
10.7.1 Company overview
10.7.2 Company Overview
10.7.3 Operational business sectors
10.7.4 Product portfolio
10.7.5 Commercial performance
10.7.6 Key strategic movements and development
10.8. Samsung Electronics Co. Ltd.
10.8.1 Company overview
10.8.2 Company Overview
10.8.3 Operational business sectors
10.8.4 Product portfolio
10.8.5 Commercial performance
10.8.6 Key strategic movements and development
10.9. Sony Corporation
10.9.1 Company overview
10.9.2 Company Overview
10.9.3 Operational business sectors
10.9.4 Product portfolio
10.9.5 Commercial performance
10.9.6 Main strategic movements and development
10.10. Sennheiser Electronic GmbH & Co. Kg
10.10.1 Company overview
10.10.2 Company Overview
10.10.3 Operational business sectors
10.10.4 Product portfolio
10.10.5 Commercial performance
10.10.6 Main strategic movements and development
10.11.1 Company overview
10.11.2 Company Overview
10.11.3 Operational business sectors
10.11.4 Product portfolio
10.11.5 Commercial performance
10.11.6 Key strategic movements and development
10.12.1 Company overview
10.12.2 Company Overview
10.12.3 Operational business sectors
10.12.4 Product portfolio
10.12.5 Commercial performance
10.12.6 Key strategic movements and development
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