USD 89.1 Billion
Report ID:
SQMIG45I2090 |
Region:
Global |
Published Date: December, 2024
Pages:
197
|Tables:
59
|Figures:
75
Mobile Phone Accessories Market size was valued at USD 89.1 Billion in 2023 and is poised to grow from USD 95.16 Billion in 2024 to USD 161.05 Billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
Rapidly surging sales of smartphones and mobile phones around the world are primarily driving the demand for mobile phone accessories going forward. High emphasis on personalization and customization of mobile phones is also expected to favor the global mobile phone accessories market growth in the long run. Advancements in wireless and smart technologies are leading to the launch of innovative new mobile phone accessories, which is also slated to boost revenue generation for market players through 2032. The increasing popularity of mobile gaming and rising number of mobile gamers around the world are also expected to offer new business scope for suppliers of mobile phone accessories in the future. Advancements in battery technologies are also expected to bolster the sales of wireless mobile phone accessories over the coming years. On the contrary, availability of counterfeit products, compatibility issues, high price sensitivity, and dependence on smartphone sales are some key constraints that are estimated to slow down the demand for mobile phone accessories across the forecast period and beyond.
Market snapshot - 2025-2032
Global Market Size
USD 89.1 Billion
Largest Segment
Protective Cases
Fastest Growth
Screen Protectors
Growth Rate
6.8% CAGR
To get more reports on the above market click here to Buy The Report
Global Mobile Phone Accessories Market is segmented by Product Type, Distribution Channel, Price Range and Region. Based on Product Type, the market is segmented into Battery, Headphones, Portable Speaker, Chargers, Memory Card, Power Bank, Protective Case, Battery Cases, Screen Guard, Popsockets, Others. Based on Distribution Channel, the market is segmented into Online, Offline. Based on Price Range, the market is segmented into Low, Mid, High. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Protective cases are forecasted to account for a significant chunk of the global mobile phone accessories market share over the coming years. Extensive adoption of protective cases by all smartphone and mobile phone users to safeguard their devices is helping this segment hold sway over others. Launch of innovative designs and availability of wide variety of personalization and customization options are also expected to help boost sales of protective cases in the long run. Use of sustainable materials to manufacture eco-friendly protective cases can also help mobile phone accessories companies make the most of this segment through 2032 and beyond.
Meanwhile, the demand for screen protectors is slated to rise at an impressive pace in the future. Essential role of screen protectors in preventing damage to expensive displays of smartphones is helping this segment emerge as a highly opportune one. Increasing efforts of consumers to protect their mobile phones from scratches, cracks, and smudges are also boosting sales of screen protectors. Advancements in tempered glass and protective film technologies are also resulting in the creation of more potent and effective screen protectors going forward.
Online segment is projected to bring in the most revenue for mobile phone accessories companies across the study period. Rapidly surging popularity of e-commerce platforms and the growing availability of a wide variety of mobile phone accessories to choose from are helping this segment bring in the most revenue for market players. Consumers can easily compare prices, access a wider range of products, and shop from the comfort of their homes, making online retail an attractive option. Moreover, the availability of various payment options and quick delivery services is expected to further contribute to the dominance of this segment in the long run.
On the other hand, the demand for mobile phone accessories via offline distribution channels is slated to rise at a notable pace over the coming years. The ability to test and feel the product itself makes offline channels a preferred choice for most consumers looking for mobile phone accessories. Growing investments in the development of retail infrastructure and establishment of dedicated mobile phone accessory stores are also slated to create new opportunities for mobile phone accessories companies going forward. Personalized service and instant gratification are also key factors promoting the sales of mobile phone accessories via offline distribution channels across the study period and beyond.
To get detailed analysis on other segments, Request For Free Sample Report
North America is forecasted to account for a dominant share of the global mobile phone accessories industry in the future. The presence of leading mobile phone and accessory providers, high consumer spending potential, and growing consumer demand for advanced mobile phone accessories are helping this region spearhead the global demand outlook. The United States is slated to emerge as a highly opportune market in the North American region followed by Canada in the long run. Growing use of mobile phone accessories as a fashion statement among North American consumers is also expected to create new opportunities for market players operating in this region.
The Asia-Pacific region is projected to emerge as the fastest-expanding market for mobile phone accessories in the world through 2032. Surging sales of smartphones, rising disposable income of people, and a boom in e-commerce activity are slated to be key factors allowing this region to emerge as a highly opportune one going forward. The presence of multiple domestic and international mobile phone accessory manufacturers in this region is also slated to boost market development potential. China, Japan, and South Korea are also cementing the dominance of this region. Sales of mobile phone accessories in India are expected to rise at a rapid pace as digitization and urbanization pick up pace.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Mobile Phone Accessories Market Drivers
Surging Sales of Smartphones
Smartphones have become an integral part of human lives, and this is a key factor promoting the sales of mobile phone accessories. Accessories such as chargers, earphones, cases, and screen protectors are essential for smooth functioning of smartphones and often provide added functionality to mobile phones thereby favoring the global mobile phone accessories market outlook as well.
Demand for Wireless Accessories
Increasing number of consumers are demanding wireless accessories as advancements in wireless technologies increase at a rapid pace. Bluetooth headphones, earbuds, and wireless chargers are providing high convenience and comfort for mobile phone users, which in turn, is expected to favor the sales of mobile phone accessories in the long run.
Mobile Phone Accessories Market Restraints
Availability of Counterfeit Products
The availability of cheap counterfeit mobile accessories is quite high around the world. These low-cost alternatives are expected to hinder the sales and revenue generation potential of original mobile phone accessories suppliers thereby having a negative impact on the industry across the global mobile phone accessories market forecast through 2032.
Compatibility Issues
Compatibility issues have been a major concern for mobile phone accessories providers since the start of this industry owing to the absence of universal standards for mobile phones across different brands. This has resulted in the presence of a highly fragmented global mobile phone accessories industry landscape, which is expected to slow down the demand outlook in the long run.
Request Free Customization of this report to help us to meet your business objectives.
Mobile phone accessory providers can focus on launching new products to stay competitive in the market. Targeting developing countries with rising smartphone sales can help market players maximize their sales potential. Providing sustainable and personalized mobile phone accessories is also emerging as a key strategy for companies looking to boost their revenue generation through 2032 and beyond.
Additionally, the increasing trend of mobile phone accessories as a fashion statement among consumers is prompting companies to focus on product design and aesthetics to differentiate themselves in the market.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, surging sales of smartphones around the world and rising preference for wireless accessories are projected to primarily augment demand for mobile phone accessories over the coming years. On the contrary, availability of counterfeit products and compatibility issues are expected to slow down the global mobile phone accessories market development in the future. The presence of leading mobile phone and accessory manufacturers coupled with high use of accessories as a fashion statement allows North America to lead global sales of mobile phone accessories. As per this global mobile phone accessories market analysis, adoption of sustainable practices and integration of smart features can help companies boost revenue generation in the long run.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 89.1 Billion |
Market size value in 2032 | USD 161.05 Billion |
Growth Rate | 6.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Mobile Phone Accessories Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Mobile Phone Accessories Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Mobile Phone Accessories Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Mobile Phone Accessories Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG45I2090
[email protected]
USA +1 351-333-4748