Industry: Retail and Consumer | Publish Date: 11-Apr-2024 | No of Pages: 162 | No. of Tables: 124 | No. of Figures: 89 | Format: PDF | Report Code : N/A
The U.S Mobile Phone Accessories Market size was valued at USD 43.91 billion in 2023, and is predicted to reach USD 51.85 billion by 2030, at a CAGR of 1.8 % from 2024 to 2030. Also, the U.S mobile phone accessories market size was 915.9 million units in 2023, and is predicted to reach 1248.8 million units by 2030, with a CAGR of 3.9% from 2024 to 2030.
Mobile phone accessories encompass additional items or devices crafted to elevate the functionality, safeguarding, or aesthetic appeal of mobile devices. These accessories serve as optional enhancements that users can procure to customize, safeguard, or amplify the capabilities of their mobile gadgets. They encompass a wide array of products such as cases, screen protectors, chargers, power banks, headphones, earphones, Bluetooth speakers, stylus pens, car mounts, selfie sticks, and various adapters and cables. Addressing a myriad of needs and preferences, mobile phone accessories range from practical utility to fashion and personalization, offering users the freedom to customize their mobile experience in alignment with their lifestyle and specific requirements.
The increasing adoption of smartphones significantly impacts the mobile phone accessories market in the U.S. As more individuals in the region incorporate smartphones into their daily routines for communication and entertainment purposes, there is a noticeable surge in demand for accessories that complement and enhance these devices. This trend is propelled by several factors. Firstly, the extensive user base of smartphones drives overall market growth, creating a larger pool of potential customers seeking accessories such as cases, screen protectors, chargers, and headphones.
Moreover, the regular cycle of smartphone replacement and upgrading contributes to a continuous demand for compatible accessories, as consumers seek new add-ons that align with their latest device models. Additionally, the desire for protection and personalization encourages consumers to invest in accessories that safeguard their devices from damage while reflecting their unique style preferences. The diverse range of smartphone models and brands available in the U.S further boosts accessory demand, as manufacturers strive to cater to the specific requirements of flagship devices, mid-range smartphones, and budget-friendly models alike. Furthermore, regional disparities in smartphone adoption rates, particularly in emerging markets within the U.S, create opportunities for tailored accessory offerings that resonate with local consumer preferences and purchasing power. Overall, the increasing prevalence of smartphones in the U.S serves as a catalyst for innovation, expansion, and diversification within the mobile phone accessories market.
The surging popularity of mobile gaming and multimedia consumption serves as a pivotal driver for the mobile phone accessories market in the United States. As more consumers immerse themselves in gaming and multimedia activities on their smartphones, there is an escalating demand for accessories tailored to enrich these experiences. Products such as gaming controllers, virtual reality (VR) headsets, and high-fidelity headphones optimized for immersive audio encounters are witnessing heightened interest and sales. Mobile gaming, in particular, has transcended into a mainstream entertainment avenue, fuelled by technological advancements in smartphones and the proliferation of diverse gaming applications. Gamers increasingly seek accessories that offer them a competitive advantage and elevate their gaming involvement. Specialized gaming controllers tailored explicitly for smartphones provide enhanced control and precision, augmenting the gaming experience for enthusiasts. Similarly, the demand for VR headsets compatible with smartphones is on the ascent, enabling users to indulge in immersive virtual reality encounters directly from their mobile devices. These accessories transport users to virtual realms, whether for gaming, interactive storytelling, or virtual tours, enriching the overall entertainment quotient of smartphones.
Furthermore, with multimedia consumption on smartphones witnessing a continual surge, consumers are investing in premium-quality headphones and audio accessories to enhance their audiovisual experiences. Headphones equipped with advanced sound technologies deliver superior audio performance, rendering them ideal companions for movie watching, music listening, or smartphone gaming. In response to evolving consumer preferences, manufacturers in the mobile phone accessories market are innovating and introducing an extensive array of gaming and multimedia-focused accessories. These innovations not only cater to the burgeoning demands of gamers and multimedia enthusiasts but also contribute to the overall expansion and diversification of the mobile phone accessories industry in the United States.
The variety of smartphone models and brands, each featuring distinct designs, sizes, and specifications, poses a significant challenge for phone accessory manufacturers. Ensuring compatibility across a wide range of devices requires continuous investment in research and development, coupled with stringent testing procedures. Additionally, the rapid advancement of technology and frequent updates to smartphone models exacerbate product fragmentation, making it challenging for companies to keep pace with the latest device releases and adapt their accessory offerings accordingly. This compatibility issue may limit the market reach of certain accessories and introduce complexities in inventory management and distribution channels.
As augmented reality technology becomes increasingly prevalent in mobile devices, there's a burgeoning opportunity for accessories that seamlessly integrate with AR capabilities. This includes AR-enabled phone cases equipped with built-in sensors or projectors, enhancing users' ability to interact with virtual objects. Moreover, there's potential for AR-enhanced headsets or glasses that synchronize with mobile phones, delivering immersive gaming, navigation, or educational experiences. Manufacturers pioneering in this domain can tap into the growing demand for AR technology, offering accessories that unlock new dimensions of functionality and experience for mobile devices.
The U.S. mobile phone accessories market comprises various market players, such as Samsung Electronics, Apple Inc., Bose Corporation, Sony Corporation, Xiaomi Corporation, Google, Skullcandy, Amazon.com, Huawei Technologies Co. Ltd., Imagine Marketing Ltd, and others.
Battery
Headphone/Earphone
Portable Speaker
Charger
Memory Card
Power Bank
Battery Case
Protective Case
Smart Speaker
Screen Protector
Smart Watch
Fitness Band
AR & VR Headset
Mount & Stand
Cables
Selfie Stick
Pop-Socket
Car/Bike Holder
Offline
Online
Branded
Third Parties
White Labels/No Name Brands
Multi-Brand Store
Single Brand Store
Android
iphone
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 43.91 Billion |
Revenue Forecast in 2030 |
USD 51.85 Billion |
Growth Rate |
CAGR of 1.8 % from 2024 to 2030 |
Market Volumes in 2023 (Million units) |
915.9 |
Volumes Forecast in 2030 (Million units) |
1248.8 |
Growth Rate |
3.9% |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
Samsung Electronics
Apple Inc.
Bose Corporation
Sony Corporation
Xiaomi Corporation
Skullcandy
Amazon.com
Huawei Technologies Co. Ltd.
Imagine Marketing Ltd