The Mobile Accessories market is growing rapidly due to high adoption of mobile devices such as smartphone and tablets. The modern-day Smartphone have limited battery life and are unable to endure heavy usage that in turn increasing the demand of power banks which is supporting the mobile accessories market. The growing demand for wireless mobile accessories such as Bluetooth handsets, portable speaker and wireless chargers is also fuelling the prospects for Mobile Accessories Market growth.
Global Mobile Accessories Market has been valued which is expect to grow at US ~$104 billion by the end of forecast period with CAGR of approx. ~6%.
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.
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Mobile Accessories Global Market – Segmentation
- Segmentation by Products: Headphone/earphone, Protective Cases, Power Bank, Portable Speakers among others
- Segmentation by Distribution Channel: Online and Offline
- Segmentation by Price: Premium, Medium and Low
- Segmentation by Region: North America, Europe, Asia Pacific and Rest of the World
Mobile Accessories Global Market – Regional Analysis
India and China are some of the major demand generators for the mobile accessories market on the global scale. Increasing number of mobile phones in Asia Pacific region is one of the major region which helps the region to create huge demand for the mobile accessories products. Also, huge number of manufacturing companies in China, Taiwan and Japan is also helping the market of mobile accessories in Asia Pacific to hold the top position in the market. North America stood second highest market for mobile accessories due to high per capita income and presence countries such as of U.S and Canada in the region. U.S. being a technology leader creates huge demand for the products such as Bluetooth earphones and headphones, high capacity power banks and portable speakers. Europe is expected to be the third largest market for the mobile accessories. Presence of huge number of developed countries in Europe region and increasing number of smartphone users in the region is creating the demand for mobile accessories in Europe. Major demand from European countries for mobile accessories includes power banks, wireless connectivity enabled earphones and headphones and display protectors.
In February 2018, Bose, a pioneer in mobile accessories, has launched Soundsport Free earbuds in India.
In March 2018, Pica-Gear, a Honk Kong based photography service enterprise, has launched Snap-Grip, which is a modular handle for phones.
In July 2018, Samsung, a global leader in mobile phones and accessories, has launched its online store.
In July 2018, Samsung, headquartered in South Korea, has officially expanded its mobile accessories business to Dhaka.
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- Accessories Manufacturers
- Smartphone Accessories Suppliers
- Phone case and display protector manufacturers
- E-commerce and Retail
- Portable battery manufacturers
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