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Mobile Accessories Global Market Report: Information by Price Range (Premium, Medium, and Low), by Product (Headphone, Protective Cases, Power Bank, Portable Speaker, and Others), by Distribution Channel (Online and Offline), and by Region (North America, Europe, Asia-Pacific, and the Middle East & Africa)— Forecast till 2025
The global mobile accessories market has seen a rapid surge in the past few years. The adoption of new technologies like super-fast chargers, portable chargers, power banks, wireless chargers and headphones has been growing as a result, the demand for these gadgets has risen tenfold.
The new research report about the global Mobile Accessories Market published by Market Research Future (MRFR) figures hike for this market at 6% CAGR between 2016 and 2022. In terms of monetary value, the market can be worth USD 104 bn by the end of the forecast period.
Portable mobile accessories have a massive demand owing to their efficiency in providing convenient options to the consumer, such as wireless connectivity, protection of the gadget, and ‘hands-free’ features, among others.
The growing popularity of e-commerce due to the ease of product availability, affordability and delivery, and the efficient product supply chain is likely to result in significant growth in the market.
The prominent players in the market of Mobile Accessories are- Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (U.S.), JVC Kenwood Corp. (Japan), Plantronics, Inc. (U.S.), Bose Corporation (U.S.), Griffin Technology (U.S.), Otter Products, LLC (U.S.), Sennheiser Electronics GmbH & Co. KG (Germany) among others.
The mobile accessories market is segmented by products, distribution channel, price, and region. By products, the market is segmented into headphones/earphones, protective cases, power banks, and portable speakers, among others. The market is segmented by distribution channel into online and offline. By price, the market is segmented into premium, medium, and low. The market is segmented by region into North America, Europe, Asia Pacific, and the rest of the world.
Portable speakers, power banks, and wireless earphones and headphones have the highest revenue generation among the product segments of the market.
Asia Pacific leads the global mobile accessories market with the highest market share. Emerging economies like China and India have a massive surplus demand for smartphones and cater to the rising demand for mobile accessories. The presence of multiple top manufacturers in countries like China, Taiwan, South Korea, and Japan cater to the increasing demand of mobile accessories, subsequently contributing to the market share of the region.
North America is the second largest market for mobile accessories due to the high disposable income of the majority of the population in the U.S. and Canada. The U.S. is a technological groundbreaker and has an enormous demand for advanced products such as portable speakers, high capacity power banks, and wireless earphones and headphones
Europe is predicted to be the third largest market for mobile accessories. The presence of a massive number of developed countries in Europe and the increasing number of smartphone users among the population is raising the demand for mobile accessories such as power banks, Bluetooth earphones and headphones, and display protectors.
TABLE OF CONTENTS
LIST OF FIGURES
Figure 1 Research Product
Figure 2 Global Mobile Accessories Market: By Product (%)
Figure 3 Global Market: By Distribution Channel (%)
Figure 4 Global Market: By Price Range (%)
Figure 5 Global Market: By Region
Figure 6 North America Market By Product (%)
Figure 7 North America Market By Distribution Channel (%)
Figure 8 North America Market: By Price Range (%)
Figure 9 North America Market By Countries (%)
Figure 10 Europe Market By Product (%)
Figure 11 Europe Market By Distribution Channel (%)
Figure 12 Europe Market: By Price Range (%)
Figure 13 Europe Market By Countries (%)
Figure 14 Asia-Pacific Market By Product (%)
Figure 15 Asia-Pacific Market By Distribution Channel (%)
Figure 16 Asia-Pacific Market: By Price Range (%)
Figure 17 Asia-Pacific Market By Countries (%)
Figure 18 Row Market By Product (%)
Figure 19 Row Market By Distribution Channel (%)
Figure 20 Row Market: By Price Range (%)
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Ella Ava is a financial expert and a renowned blogger. She has more than 5 years of experience in writing as well as in working for various loan companies. Currently, she is working at Finance.