Mobile Phone Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Mobile Phone Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global mobile phone accessories market size reached US$ 85.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 120.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

Mobile phone accessories comprise any hardware or software not integral to the operation of a mobile phone as designed by the manufacturer. They include portable chargers, car mounts, selfie sticks, camera lens attachments, headphones, Bluetooth accessories, gaming controllers, power banks, and cases and covers. At present, there is an increase in the reliance on smartphones for communication and entertainment purposes, which is catalyzing the demand for mobile phone accessories across the globe.

Mobile Phone Accessories Market Trends:
The rising popularity of mobile photography represents one of the key factors stimulating the growth of the market. Moreover, there is an increase in the sales of headphones and earphones on account of the growing consumer preference for music on the go. Wireless headphones and earphones are replacing their wired counterparts as they offer portability, hands-free use, and better compatibility with modern devices. Furthermore, rising technological advancements, including the implementation of noise-canceling technology, are fueling market growth. Besides this, consumers are increasingly purchasing screen protectors, which help reduce glare, enhance privacy, resist fingerprints, repel dirt, and protect against ultraviolet (UV) damage. In addition, they safeguard the screen from scratches and damage that can be caused by accidentally dropping the mobile phone. Apart from this, as batteries have a limited life span, customers are purchasing power banks to improve the performance of their mobile phones. Smart wearable watches, such as fitness bands, can monitor calories burnt and track the heart rate, blood pressure, and body temperature of the user. This, coupled with the increasing adoption of virtual reality (VR) headsets in the healthcare industry, which enable healthcare professionals and patients to interact with simulated environments, is driving the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile phone accessories market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, price range and distribution channel.

Breakup by Product Type:

Headphone/Earphone
Portable Speaker
Charger
Memory Card
Power Bank
Protective Case
Screen Guards
Popsockets
Others

Breakup by Price Range:

Premium
Mid
Low

Breakup by Distribution Channel:

Online
Offline

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Apple Inc., Bose Corporation, Energizer Holdings Inc., JVCKENWOOD Corporation, Kingston Technology Corporation, Panasonic Corporation, Plantronics Inc., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, Sony Corporation, Western Digital Corporation and Xiaomi Inc.

Key Questions Answered in This Report

1. What was the size of the global mobile phone accessories market in 2022?
2. What is the expected growth rate of the global mobile phone accessories market during 2023-2028?
3. What are the key factors driving the global mobile phone accessories market?
4. What has been the impact of COVID-19 on the global mobile phone accessories market?
5. What is the breakup of the global mobile phone accessories market based on the product type?
6. What is the breakup of the global mobile phone accessories market based on the distribution channel?
7. What are the key regions in the global mobile phone accessories market?
8. Who are the key players/companies in the global mobile phone accessories market?