Mobile Accessories Market Size Worth $168.03 Billion By 2032 | CAGR: 6.80%

Mobile Accessories Market Size Worth $168.03 Billion By 2032 | CAGR: 6.80%

The global mobile accessories market size is expected to reach USD 168.03 billion by 2032, according to a new study by Polaris Market Research. The report "Mobile Accessories Market Share, Size, Trends, Industry Analysis Report, By Product Type (Battery, Headphone, Earphone, Portable Speaker, Charger, Memory Card, Protective Case, Power Bank, Battery Case, Screen guards, Pop sockets, and Others); By Distribution Channel, By Price Range; By Region; Segment Forecast, 2024-2032" gives a detailed insight into the current market dynamics and provides analysis on future market growth.

The globalization of digitalization is increasing our reliance on smart devices, particularly mobile phones. As a result of increased individual usage of mobile phones due to the improved connectivity spectrum, the market for mobile phone accessories is expected to develop. Mobile phone accessories are physical parts that are optional to the operation of mobile phones. However, they must provide extra support, improve the product, and offer considerable convenience.

In November 2022, Hama, a German producer of electronic accessories, stated that it had entered the Indian market by forming alliances with significant local retailers, wholesalers, and e-commerce behemoths.

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The increasing young population has recently induced market development to the next level. Women tend to switch phone covers, affecting the market's overall growth. Furthermore, the male customer group likes to change accessories like fast chargers & headphones. The products make mobile phone use easier and smoother, leading to their increased popularity. Power banks have simplified life for customers who use smartphones and travel often.

The demand for Apple-made mobile phone accessories is growing due to the brand's enduring popularity and existing customers' confidence.

Mobile Accessories Market Report Highlights

  • The Headphone/Earphone is anticipated to grow fastest during forecast period. High-performance headphones, whether they be earbuds or standard headphones, are made to be more comfortable to use than more costly alternatives.
  • The Mid-range segment is expected to rise at a fastest CAGR.  The best combination between cost and performance is typically found in mid-range accessories, which also include high-end features.
  • North America is expected to experience significant global market growth over the forecast period. Future design innovations and the release of high-end smartphone accessories are anticipated, particularly in the United States and Canada.
  • Global players in the market include Belkin International, Xiaomi, Harman International, Aukey, Cambridge Soundworks, Bscstore Inc., Jvckenwood corporation, TYLT, Ballistic, Moftware Inc., Seidio Inc., Bose Corporation, Case Mate Inc., Anket Power Core, UE Boom, Samsung, Apple Inc., Google, SanDisk, and others.

Polaris Market Research has segmented the Mobile Accessories market report based on product type, distribution channel, price range, and region:

Mobile Accessories Market, Product Type (Revenue - USD Billion, 2018 - 2030)

  • Battery
  • Headphone/Earphone
  • Portable Speaker
  • Charger
  • Memory Card
  • Power Bank
  • Battery Case
  • Protective Case
  • Screen Guards
  • Pop sockets
  • Others

Mobile Accessories Market, Price Range Outlook (Revenue - USD Billion, 2018 - 2030)

  • Premium
  • Mid
  • Low

     Mobile Accessories Market, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)

  • Online
  • Offline

     Mobile Accessories Market, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

  • North America
  • US.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa