Mobile Phone Accessories Market by Product (Battery, Headphone/earphone, Portable speaker, Charger, Memory card, Power bank, Battery case, Protective case, Bluetooth Speakers, Screen Protection, Smart Watch, Fitness Bands, AR & VR Headsets, Mount & Stand, Data Cables, and Selfie Stick), by Compatibility (Android, iOS and Universal), by Distribution Channel (Offline and Online), by Price Range (Low, Medium, and Premium)- Global Opportunity Analysis and Industry Forecast, 2024 – 2030
Industry: Retail and Consumer | Publish Date: 01-Mar-2025 | No of Pages: 466 | No. of Tables: 343 | No. of Figures: 288 | Format: PDF | Report Code : RC26
Market Definition:
The global Mobile Phone Accessories Market size was valued at USD 302.59 billion in 2023, and is predicted to reach USD 426.78 billion by 2030, with a CAGR of 4.4% from 2024 to 2030. In terms of volume, the market size was 9437 million units in 2023, and is projected to reach 15369 million units by 2030, with a CAGR of 6.6% from 2024 to 2030.
Mobile phone accessories can be defined as hardware products that are used to enhance the user experience of a mobile phone. These accessories help a user to personalize their devices and gain more functionality out of a mobile phone. Mobile phone accessories can be generic or they can be custom build for specific phones such as phone covers and screen guards that comes in different sizes and shapes.
The most commonly used mobile phone accessories includes data cards, portable chargers and headsets. Customers can avail these accessories either from ecommerce websites or from offline stores.
Market Dynamics and Trends:
Rising adoption of smartphones owing to the increasing dependency on mobile communication and mobile internet is driving the mobile phone accessories market. For instance, in 2021, Samsung electronics sold around 272.5 million smartphones across the world.
Also, increasing trend of excluding earphones and chargers from smartphone retail box by mobile phone manufactures such as Apple Inc, Samsung electronics and Xiaomi to increase profit margins is further driving the mobile phone accessories market. For instance, in October 2020, Apple Inc. launched MagSafe Charger, a compact wireless charger that will be sold separately to use with Apple’s smartphone devices called iPhone.
Moreover, smartphone manufactures are eliminating the support for headphone/earphone jack from their modern smartphones to promote the use of wireless earphones which in turn further fuels the demand for mobile phone accessories.
However, low reliability of third-party mobile phone accessories and risk associated with them such as heating issue while using phone covers and low-quality chargers that can damage mobile phones is restraining the mobile phone accessories market.
On the contrary, development of highspeed 5G internet and connectivity technologies such as Bluetooth 5.0 is increasing the adaption of IoT devices such as smartwatch which in turn is expected to create ample growth opportunities for the mobile phone accessories market.
Market Segmentations and Scope of the Study:
The global mobile phone accessories market share analysis is based on product, distribution channel, price range, and geography. On the basis of product, the market is classified into battery, headphone/earphone, smart speaker, charger, memory card, power bank, battery case, protective case, bluetooth speakers, screen protection, smart watch, fitness bands, AR & VR headsets, mount and stand, data cables and selfie stick.
On the basis of distribution channel, the market is divided into online and offline. On the basis of price range, the market is categorized into low, medium, and premium. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis:
North America holds the lion share of mobile phone accessories market, and is expected to continue its dominance during the forecast period. This is attributed to factors such as high adoption of mobile accessories such as bluetooth speakers and smart speakers as these can be easily connected to smartphones and internet to perform varity of tasks such as to play music, find information and to facilitate daily tasks.
For instance, in October 2020, apple launched a new smart speaker called Apple HomePod mini. HomePod mini is designed to work with Apple Music, podcasts, radio stations and delivers an immersive sound quality. Moreover, presence of key market players such as Apple Inc, Bose Corporation and Energizer Holdings Inc. further boost the market growth in this region.
For instance, in October 13, 2021, Bose Corporation launched a bluetooth speaker in USA called Soundlink flex. It features a portable and rugged design and comes with Bose PositionIQ technology that automatically detects the speaker’s orientation to optimize sound delivery.
On the other hand, Asia pacific is expected to show a steady rise in the mobile phone accessories market owing to the increasing number of people using smartphones in countries such as China and India that increases the adoption of various smartphone accessories such as phone covers and screen protectors.
Moreover, increasing demand for smartwatches and fitness bands as they provide easy access to smartphone applications along with availability of features such as heart rate monitoring and sleep tracking is further driving the mobile phone accessories market in this region.
For instance, in May, 2022, Xiaomi launched its fitness band in China called Mi Band 7 that features a larger 1.62-inch AMOLED screen than its predecessor and comes with SpO2 tracking along with 120 workout modes.
Competitive Landscape:
Various market players operating in the mobile phone accessories market includes Samsung Electronics Co. Ltd., Apple Inc., Sony Group Corporation, LG Corporation, Koninklijke Philips N.V., Belkin, ASUSTeK Computer Inc., Bose Corporation, Anker Innovations Co. Ltd., Panasonic Corporation, Xiaomi Corporation, OnePlus Technology Co. Ltd., Huawei Device Co., Ltd., C.K.Tang Limited, 3M Company.
These market players are launching numerous products across various regions to maintain their dominance in the mobile phone accessories industry.
For instance, in January 2021, Samsung electronics launched its latest generation of bluetooth earphones called Galaxy Buds Pro. It features an immersive sound, superior call quality, intelligent ANC (active noise cancelling) and enhanced connectivity across other devices.
Moreover, in January 2021, Sony announced the launch of its latest premium wireless speakers SRS-RA5000 and SRS-RA3000. These wireless speakers are capable of immersive audio enhancement (IAE) based on Sony’s algorithm that can transform 2-channel stereo tracks into ambient room-filling sound.
Key Benefits:
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The mobile phone accessories market report provides the quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep dive analysis of the mobile phone accessories market trend including the current and future trends for depicting the prevalent investment pockets in the market.
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The information related to key drivers, restraints and opportunities and their impact on the mobile phone accessories market is provided in the report.
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The competitive analysis of the market players along with their market share in the mobile phone accessories market.
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The SWOT analysis and Porters Five Forces model is elaborated in the study.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Key Market Segments:
By Product
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Battery
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Headphone/Earphone
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Portable Speaker
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Charger
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Memory Card
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Power Bank
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Battery Case
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Protective Case
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Bluetooth Speakers
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Screen Protection
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Smart Watch
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Fitness Bands
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AR & VR Headsets
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Mount & Stand
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Data Cables
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Selfie Stick
By Compatibility
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Android
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iOS
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Universal
By Distribution Channel
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Offline
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Online
By Price Range
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Low
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Medium
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Premium
By Geography
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North America
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The U.S.
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Canada
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Mexico
-
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Europe
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The UK
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Germany
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France
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Italy
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Spain
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Denmark
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Netherlands
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Finland
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Sweden
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Norway
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Russia
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Rest of Europe
-
-
Asia-Pacific
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China
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Japan
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India
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South Korea
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Australia
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Indonesia
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Singapore
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Taiwan
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Thailand
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Rest of Asia-Pacific
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RoW
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Latin America
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Middle East
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Africa
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Key Players:
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Samsung Electronics Co. Ltd.
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Apple Inc.
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Sony Group Corporation
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LG Corporation
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Koninklijke Philips N.V.
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Belkin
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ASUSTeK Computer Inc.
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Bose Corporation
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Anker Innovations Co. Ltd.
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Panasonic Corporation
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Xiaomi Corporation
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OnePlus Technology Co. Ltd.
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Huawei Device Co., Ltd.
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C.K.Tang Limited
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3M Company
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Market Segmentation |
By Product (Battery, Headphone/earphone, Portable speaker, Charger, Memory card, Power bank, Battery case, Protective case, Bluetooth Speakers, Screen Protection, Smart Watch, Fitness Bands, AR & VR Headsets, Mount & Stand, Data Cables, and Selfie Stick), by Compatibility (Android, iOS and Universal), by Distribution Channel (Offline and Online), by Price Range (Low, Medium, and Premium) |
|
Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (The UK, Germany, France, Italy, Spain, Denmark, Netherlands, Finland, Sweden, Norway, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Singapore, Taiwan, Thailand, Rest of Asia Pacific), Rest of the World (UAE, Brazil, South Africa, Israel, KSA (Latin America, Middle East, Africa) |
|
Companies Profiled |
Samsung Electronics Co. Ltd., Apple Inc., Sony Group Corporation, LG Corporation, Koninklijke Philips N.V., Belkin, ASUSTeK Computer Inc., Bose Corporation, Anker Innovations Co. Ltd., Panasonic Corporation, Xiaomi Corporation, OnePlus Technology Co. Ltd., Huawei Device Co., Ltd., C.K.Tang Limited, 3M Company |
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