The Worldwide Mobile Phone Accessories Industry is Predicted to Reach $413 Billion by 2030

2022-09-23 16:52:55 By : Ms. Spring Zhang

Dublin, Sept. 21, 2022 (GLOBE NEWSWIRE) -- The "Mobile Phone Accessories Market by Product, by Distribution Channel, by Price Range - Global Opportunity Analysis and Industry Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering. The Global Mobile Phone Accessories Market size valued to USD 278.17 billion in 2021, is predicted to reach USD 413.22 billion by 2030 with a CAGR of 4.3% from 2022-2030.

The global digitalization is leading towards higher dependency on smart gadgets, especially mobile phones. The enhanced connectivity spectrum tends to higher adoption of mobile phones at individual level, hence resulting to a consequent growth of mobile phone accessories market. Mobile phone accessories are the hardware components, trivial in functioning of mobile phones, but are necessary in providing additional support, product enhancement, and greater convenience factor.

This includes innovative accessories such as external battery packs, power banks, wireless headphones, wireless chargers, memory card, protective case, screen protectors and many more.

The mobile phone accessories market is thriving due to higher adoption of mobile phones at global level. According to a survey the total number of smartphone shipments in quarter-3 of 2019 hit 352.4 million units. Increasing penetration of IoT & AI technologies, plus innovative technological progress in voice recognition system, wireless audio products, clip-on headphones, as well as precise integration of speech recognition software; are the factors driving the growth of the global market.

Besides, rapid urbanization, increase in per-capita income at global level, higher inclination towards social-networking sites and growing demand for fashionable mobile accessories, specifically from the young-generation, are anticipated in propelling the growth of the mobile phone accessories market in coming future.

However, increased use of headphones leading to hearing impairment problems and cutthroat competition between the key manufacturers leading to higher imposed tariffs on international trade, are the factors expected to impede the mobile phone accessories market growth during the forecast period.

Moreover, cutting-edge product launches by market players, growing demands for wireless accessories and fast-processing software, as well as technological progressions in imaging and photographic accessories, are creating new avenues for lucrative opportunities in the global 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.

Based on product, the market is segmented 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. Based on the channel of distribution, the market is divided into online and offline. Based on price range, the market is divided 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.

North America shows a higher dominance on the global mobile phone accessories market, accounting for the highest market shares. This is attributed to factors such as increased adoption of wireless accessories, presence of advanced technology and higher inclination towards digitalization.

Asia-Pacific is projected a rapid development in the global mobile phone accessories market, growing with the highest CAGR, due to higher internet penetration, increasing adoption of smartphones, and their reduced prices. Increased per-capita income and advancements in product technologies, are further leading to supplement the market growth in this region.

The mobile phone accessories market, which is highly competitive and fragmented, consists of various market players. Some of the major market players include Samsung Electronics, Energizer, Panasonic Corporation, Sony Corporation, JVC Corporation, BYD Inc., Beats (Apple Inc.), Sennheiser Electronics GmbH & Co. KG, Otterbox, Bose Corporation, Plantronics Pty Ltd, and Griffin Technology among others.

The past endeavors, present developments and futuristic advancements, sum-up to comprehend the overall growth of the mobile phone accessories market. For instance, in September 2019, Sennheiser's premium MOMENTUM headphone range entered its third generation, with the launch of the new MOMENTUM Wireless at IFA 2019. Sennheiser's headphones claim to be the latest addition to the 'audio specialist's iconic range' that offers superior sound, a modern design aesthetic, cutting-edge technology, and a touch of handcrafted indulgence to every moment.

2. Mobile Phone Accessories Market - Executive Summary

3. Market Share Analysis, 2020 (%) 3.1. Vendor Share Analysis of Mobile Phone Accessories Market 3.2. Vendor Share Analysis of Mobile Phone Accessories Market, by Geography ($Million) 3.3. Battery 3.4. Headphones 3.5. Portable Speakers 3.6. Charger 3.7. Memory Card 3.8. Power Bank 3.9. Protective Case 3.11. Smart Speakers 3.12. Screen Protection 3.13. Smart Watch 3.14. Fitness Bands 3.15. Ar & Vr Headsets 3.16. Mount & Stand 3.17. Data Cables 3.18. Selfie Stick

4. Market Overview 4.1. Market Definition and Scope 4.2. Market Dynamics 4.2.1 Drivers 4.2.1.1. Growing Demand for Wireless Accessories 4.2.1.2. Rise in Adoption of Smartphones 4.2.1.3. Strong Distribution Network 4.2.2 Restraints 4.2.2.1. Impact of Supply Disruption Due to Coronavirus Outbreak 4.2.2.1 Adverse Effect of Hearing Ability 4.2.3 Opportunities 4.2.3.1. Rapid Technological Advancements 4.2.3.1 Increasing Need for Convenience

6. Global Mobile Phone Accessories Market, by Product Type 6.1. Overview 6.2. Battery 6.3. Headphone 6.4. Portable Speakers 6.5. Charger 6.6. Memory Card 6.7. Power Bank 6.8. Protective Case 6.9. Battery Case 6.10. Smart Speakers 6.11. Screen Protection 6.12. Smart Watch 6.13. Fitness Bands 6.14. AR & VR Headsets 6.15. Mount & Stand 6.16. Data Cables 6.17. Selfie Stick

7. Global Mobile Phone Accessories Market, by Distribution Channel 7.1. Overview 7.2. Online 7.2.1 Online Market, by Region 7.2.1.1. North America Online Market, by Country 7.2.1.2. Europe Online Market, by Country 7.2.1.3. Asia-Pacific Online Market, by Country 7.2.1.4. Rest of World Online Market, by Country 7.3. Offline 7.3.1 Offline Market, by Region 7.3.1.1. North America Offline Market, by Country 7.3.1.2. Europe Offline Market, by Country 7.3.1.3. Asia-Pacific Offline Market, by Country 7.3.1.4. Rest of World Offline Market, by Country

8. Global Mobile Phone Accessories Market, by Price Range 8.1. Overview 8.2. Low 8.2.1 Low Market, by Region 8.2.1.1. North America Low Market, by Country 8.2.1.2. Europe Low Market, by Country 8.2.1.3. Asia-Pacific Low Market, by Country 8.2.1.4. Rest of World Low Market, by Country 8.3. Mid 8.3.1 Mid Market, by Region 8.3.1.1. North America Mid Market, by Country 8.3.1.2. Europe Mid Market, by Country 8.3.1.3. Asia-Pacific Mid Market, by Country 8.3.1.4. Rest of World Mid Market, by Country 8.4. Premium 8.4.1 Premium Market, by Region 8.4.1.1. North America Premium Market, by Country 8.4.1.2. Europe Premium Market, by Country 8.4.1.3. Asia-Pacific Premium Market, by Country 8.4.1.4. Rest of World Premium Market, by Country

9. Global Mobile Phone Accessories Market, by Region

10. Profiles 10.1. Apple Inc. 10.1.1 Company Overview 10.1.2 Company Snapshot 10.1.3 Operating Business Segments 10.1.4 Product Portfolio 10.1.5 Business Performance 10.1.6 Sales by Business Segment 10.1.7 Sales by Geographic Segment 10.1.8 Key Strategic Moves & Developments 10.1.9 Primary Market Competitors 10.2. Bose Corporation 10.2.1 Company Overview 10.2.2 Company Snapshot 10.2.3 Product Portfolio 10.2.4 Key Strategic Moves & Developments 10.2.5 Primary Market Competitors 10.3. Byd Co. Ltd. 10.3.1 Company Overview 10.3.2 Company Snapshot 10.3.3 Operating Business Segments 10.3.4 Product Portfolio 10.3.5 Business Performance 10.3.6 Sales by Business Segment 10.3.7 Sales by Geographic Segment 10.3.8 Key Strategic Moves & Developments 10.3.9 Primary Market Competitors 10.4. Energizer Holdings, Inc. 10.4.1 Company Overview 10.4.2 Company Snapshot 10.4.3 Product Portfolio 10.4.4 Business Performance 10.4.5 Sales by Business Segment 10.4.6 Sales by Geographic Segment 10.4.7 Key Strategic Moves & Developments 10.4.8 Primary Market Competitors 10.5. Jvckenwood Corporation 10.5.1 Company Overview 10.5.2 Company Snapshot 10.5.3 Operating Business Segments 10.5.4 Product Portfolio 10.5.5 Business Performance 10.5.6 Sales by Business Segment 10.5.7 Sales by Geographic Segment 10.5.8 Key Strategic Moves & Developments 10.5.9 Primary Market Competitors 10.6. Panasonic Corporation 10.6.1 Company Overview 10.6.2 Company Snapshot 10.6.3 Operating Business Segments 10.6.4 Product Portfolio 10.6.5 Business Performance 10.6.6 Sales by Business Segment 10.6.7 Sales by Geographic Segment 10.6.8 Key Strategic Moves & Developments 10.6.9 Primary Market Competitors 10.7. Plantronics, Inc. 10.7.1 Company Overview 10.7.2 Company Snapshot 10.7.3 Operating Business Segments 10.7.4 Product Portfolio 10.7.5 Business Performance 10.7.6 Sales by Business Segment 10.7.7 Sales by Geographic Segment 10.7.8 Key Strategic Moves & Developments 10.7.9 Primary Market Competitors 10.8. Sennheiser Electronic GmbH & Co. Kg 10.8.1 Company Overview 10.8.2 Company Snapshot 10.8.3 Product Portfolio 10.8.4 Key Strategic Moves & Developments 10.8.5 Primary Market Competitors 10.9. Samsung Electronics Co. Ltd. 10.9.1 Company Overview 10.9.2 Company Snapshot 10.9.3 Operating Business Segments 10.9.4 Product Portfolio 10.9.5 Business Performance 10.9.6 Sales by Business Segment 10.9.7 Sales by Geographic Segment 10.9.8 Key Strategic Moves & Developments 10.9.9 Primary Market Competitors 10.10. Sony Corporation 10.10.1 Company Overview 10.10.2 Company Snapshot 10.10.3 Operating Business Segments 10.10.4 Product Portfolio 10.10.5 Business Performance 10.10.6 Sales by Business Segment 10.10.7 Sales by Geographic Segment 10.10.8 Key Strategic Moves & Developments 10.10.9 Primary Market Competitors 10.11. Xiaomi 10.11.1 Company Overview 10.11.2 Company Snapshot 10.11.3 Operating Business Segments 10.11.4 Product Portfolio 10.11.5 Business Performance 10.11.6 Sales by Business Segment 10.11.7 Sales by Geographic Segment 10.11.8 Key Strategic Moves & Developments 10.11.9 Primary Market Competitors 10.12. Walmart 10.12.1 Company Overview 10.12.2 Company Snapshot 10.12.3 Operating Business Segments 10.12.4 Product Portfolio 10.12.5 Business Performance 10.12.6 Sales by Business Segment 10.12.7 Sales by Geographic Segment 10.12.8 Primary Market Competitors

For more information about this report visit https://www.researchandmarkets.com/r/pmifaa

On Wednesday, the Fed bumped up interest rates again, its third 75-basis point hike since June, and signaled that there could be two more such hikes by the end of this year. The conventional wisdom has the Fed acting properly, and aggressively, in an attempt to counter inflation raging at 40-year high levels. But conventional wisdom isn’t always right – and we can learn a lot by consulting the contrarians. Few top investors are more contrarian than Cathie Wood. The founder and manager of ARK Inv

With the Fed making its third 75-basis-point hike this year, Dalio says greater economic contraction is on the horizon.

You have just a few weeks to pounce on Treasury I bonds' sky-high interest rate. Also called Series I savings bonds, their interest rate is 9.62%.

“We printed up too much money, and just thought the party would never end,” Icahn said, adding that with the Fed raising rates to fight inflation, "the party's over."

In this article, we will look at billionaire Ken Fisher’s top 10 growth stock picks. If you want to explore similar stocks, you can also take a look at Ken Fisher’s Top 5 Growth Stock Picks. Ken Fisher is an American billionaire investor and financial analyst. Mr. Fisher is the hedge fund manager of Fisher […]

The S&P 500 is down more than 2% since Tuesday’s close. There is reason to believe markets are close to finding a floor.

Shopify (NYSE: SHOP) stock was among the big losers of the session on Thursday. Shares of the e-commerce software company fell in response to the Federal Reserve's 75-basis-point hike to the benchmark federal funds rate Wednesday, as well as commentary about future interest rate hikes. Like most e-commerce stocks, Shopify has been hit hard this year, both due to investors' intensifying concerns that a recession is coming and the difficult growth comparisons it faces against 2021, when COVID-19 was still causing large numbers of consumers to avoid brick-and-mortar retailers.

With the objective of providing a high-resolution 3D view of their environment, LiDAR (light detection and ranging) sensors are set to be a mainstay in autonomous vehicles. While not all have been proponents of the technology – Elon Musk, for one, has stated in the past that he is not a fan – J.P. Morgan analyst Samik Chatterjee says the “debate around value-add of a LiDAR in a sensing suite has been long settled.” The decision to forgo the use of lidar more revolves around costs rather than per

Costco Wholesale didn’t dazzle investors with its fourth-quarter earnings. Consider it a buying opportunity for the stock.

After popping briefly yesterday on positive analyst commentary over its 2022 Global Technical Conference performance, Nvidia (NASDAQ: NVDA) stock is trending lower again Thursday -- down 5% through 11 a.m. on some curious comments from the company's CEO. Commenting on what some analysts have called the "eye-watering" prices announced for its latest series of GeForce RTX graphics, Nvidia CEO Jensen Huang asserted that "Moore's Law is dead" -- and that semiconductor prices are only going up from here. To refresh your memory, Moore's Law is an assertion made by legendary Intel engineer Gordon Moore in 1965, that the number of transistors in an integrated circuit roughly doubles every two years, with the result that semiconductors will get both better and cheaper over time.

NIO Inc. (NIO) closed at $18.35 in the latest trading session, marking a +0.27% move from the prior day.

In this article, we shall discuss the 10 best undervalued stocks to buy now according to billionaire D.E. Shaw. To skip our detailed analysis of Shaw’s history, his investment philosophy, and hedge fund performance, go directly and see 5 Best Undervalued Stocks to Buy Now According to Billionaire DE Shaw. David Elliot Shaw, an American […]

Nvidia (NVDA) stock has been through the wringer this year and even the latest announcements made by the chip giant at its fall GTC gathering didn't really help to move the needle on the shares. NVIDIA announced the launch of the next-generation GeForce RTX 40 Series GPUs powered by the Ada Lovelace architecture. In his keynote, CEO Jensen Huang called the new GPU a “quantum leap” which will give creators the ability to build fully simulated worlds. The H100 -- touted as the most powerful AI-foc

Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three quarters of a percentage point as it battles inflation, with the S&P 500 continuing a slide described by Bespoke Investment Group as its third leg down.

China is the second largest economy in the world and investors may be pondering if it's time to add exposure to Chinese equities. The country has plenty of room left to expand when it comes to internet users growth, which could benefit Chinese tech companies.

Growth and technology stocks are leading the market lower today, but early-stage electric vehicle (EV) stocks are tanking even more. The Nasdaq Composite Index moved down by more than 1.2% as of 2:55 p.m. ET, but EV start-ups Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and Nikola (NASDAQ: NKLA) were faring much worse. At that time, Rivian, Lucid, and Nikola had dropped 4.6%, 8.6%, and 9%, respectively.

(Bloomberg) -- Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the nation struggles to export large volumes.Most Read from BloombergJapan to Restore Visa-Free Travel From Oct. 11 as Covid Pandemic Recedes South Korea President Caught on Hot Mic Insulting US CongressUnless Rents Rise, Housing Is Set Up for an Epic CrashA Great Copper Squeeze Is Coming for the Global EconomyPutin's Order for 300,000 Fighters D

The bond king, Jeffrey Gundlach, is now very favorably disposed toward the asset class he knows best.

The MicroStrategy chairman and high-profile Bitcoin bull sees Bitcoin bouncing back from a deep selloff that has rocked crypto this year.

The retreat is being driven by soaring inflation and rising interest rates, which are putting the brakes on the economy and forcing investors to rethink their growth expectations. Upstart Holdings (NASDAQ: UPST), for example, uses artificial intelligence (AI) to originate loans for banks on other lenders, and investors have doubts about how well its lending models will hold up as household finances deteriorate. Upstart's main goal is to displace the standard tools used to size up the risk in consumer lending.