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Mobile Phone Accessories Market Size to grow by USD 32.73 Bn, Driven by Integration of Advanced Functionalities in Smartphones - Technavio
[October 13, 2022]

Mobile Phone Accessories Market Size to grow by USD 32.73 Bn, Driven by Integration of Advanced Functionalities in Smartphones - Technavio


NEW YORK, Oct. 13, 2022 /PRNewswire/ -- The global mobile phone accessories market size is expected to grow by USD 32.73 billion during 2021-2026, at a CAGR of almost 6%. The integration of advanced functionalities in smartphones, the growing preference for wireless mobile phone accessories, and the proliferation of low-priced smartphones are some of the major factors propelling the market growth. However, factors such as the growing market for counterfeit mobile accessories and the short shelf life of smartphones may impede the market growth.

Key Mobile Phone Accessories Market Driver

One of the key factors driving market growth in the mobile phone accessories market is the integration of advanced functionalities in smartphones. The competition in the global smartphone market has intensified as smartphone manufacturers are focusing on integrating innovative features and technologies in their products to stay competitive in the market. Such latest innovations will allow users to employ their devices for several applications, such as taking high-definition videos and selfies, accessing mobile applications quickly, and playing high-definition games. All these activities will generate the demand for accessories such as power banks, earphones, headphones, protective cases, screen protectors, and others to use smartphones in effective ways, triggering the growth of the focused market during the forecast period. Request a Sample Report

Key Mobile Phone Accessories Market Trend

One of the prominent market trends in the mobile phone accessories market is the increasing focus on improving telecommunication network infrastructure. Smartphone manufacturers, government organizations, and telecommunication service providers are working in collaboration to improve the telecommunication network infrastructure to support high network bandwidth capacity. This is accelerating investments in the 4G/5G networks and developments in 4G/5G compatible devices. For example, in September 2018, Celcom Axiata Berhad, a Malaysia-based mobile telecommunications provider, announced that it had signed an agreement with Telefonaktiebolaget LM Ericsson. Under this agreement, Telefonaktiebolaget LM Ericsson will supply Celcom Axiata Berhad with radio access network (RAN) equipment from its Ericsson radio system portfolio. This will accelerate the use of mobile phones for accessing online audio and video content which, in turn, result in high demand for mobile phone accessories.

Key Mobile Phone Accessories Market Challenge

One of the prominent market challenges that are hindering the growth of the mobile phone accessories market is the growing market for counterfeit mobile accessories. The counterfeit mobile accessories market records high growth in emerging economies such as Indonesia, Malaysia, India, and Taiwan in APAC. This demand is driven by the increased preference for low-cost products in the region and the high availability of counterfeit products. The easy availability of these products on every distribution channel, including physical and online retail stores, in each country, makes it difficult to control the sales of counterfeit items. The increasing sales of these products are reducing the total potential market for mobile accessories creating a challenge for the growth of the global mobile phone accessories market.

To know more about additional Drivers, Trends, and Challenges. Download a Sample Report Now!

Global Mobile Phone Accessories Market Segmentation

  • Product Type
    • Protective cases
    • Screen protectors
    • Headphones and earphones
    • Wired Chargers
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

The mobile phone accessories market share growth in the protective cases segment will be significant during the forecast period. There are several types of protective cases, such as slim and transparent covers, which are mostly for aesthetics, as well as ultra-rugged ones available in the market, which can survive even an intense impact facilitating the growth in the segment during the forecast period.

For more insights on segments Request a Sample Report 

Mobile Phone Accessories Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist in mobile phone accessories market growth during the next five years
  • Estimation of the mobile phone accessories market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the mobile phone accessories market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mobile phone accessories market, vendors

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Mobile Phone Accessories Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2022-2026

USD 32.73 billion

Market structure

Fragmented

YoY growth (%)

4.98

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 63%

Key consumer countries

US, Canada, China, India, and Brazil

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Anker Technology UK Ltd, Apple Inc., AUKEY, Bose Corp., GN Store Nord AS, Hon Hai Precision Industry Co. Ltd., HP Inc., Intex Technologies India Ltd., JVCKENWOOD Corp., Koninklijke Philips NV, LG Electronics Inc., Logitech International SA, Otter Products LLC, Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH and Co. KG, Skullcandy Inc., Sony Group Corp, Vinci Brands LLC, and Xiaomi Inc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Contents:

1 Executive Summary

  • 1.1 Market Overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market Definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product Type

  • 5.1 Market segments 
    • Exhibit 24: Chart on Product Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Product Type 
    • Exhibit 26: Chart on Comparison by Product Type
    • Exhibit 27: Data Table on Comparison by Product Type
  • 5.3 Protective cases - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Protective cases - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Protective cases - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Protective cases - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Protective cases - Year-over-year growth 2021-2026 (%)
  • 5.4 Screen protectors - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Screen protectors - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on Screen protectors - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on Screen protectors - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Screen protectors - Year-over-year growth 2021-2026 (%)
  • 5.5 Headphones and earphones - Market size and forecast 2021-2026 
    • Exhibit 36: Chart on Headphones and earphones - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on Headphones and earphones - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on Headphones and earphones - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Headphones and earphones - Year-over-year growth 2021-2026 (%)
  • 5.6 Wired Chargers - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Wired Chargers - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 41: Data Table on Wired Chargers - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 42: Chart on Wired Chargers - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Wired Chargers - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Product Type 
    • Exhibit 48: Market opportunity by Product Type ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 India - Market size and forecast 2021-2026 
    • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.10 US - Market size and forecast 2021-2026
    • Exhibit 82: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.11 Brazil - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 87: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 88: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 94: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Anker Technology UK Ltd 
    • Exhibit 101: Anker Technology UK Ltd - Overview
    • Exhibit 102: Anker Technology UK Ltd - Product / Service
    • Exhibit 103: Anker Technology UK Ltd - Key offerings
  • 10.4 Apple Inc. 
    • Exhibit 104: Apple Inc. - Overview
    • Exhibit 105: Apple Inc. - Business segments
    • Exhibit 106: Apple Inc. - Key news
    • Exhibit 107: Apple Inc. - Key offerings
    • Exhibit 108: Apple Inc. - Segment focus
  • 10.5 AUKEY 
    • Exhibit 109: AUKEY - Overview
    • Exhibit 110: AUKEY - Product / Service
    • Exhibit 111: AUKEY - Key offerings
  • 10.6 Bose Corp. 
    • Exhibit 112: Bose Corp. - Overview
    • Exhibit 113: Bose Corp. - Product / Service
    • Exhibit 114: Bose Corp. - Key news
    • Exhibit 115: Bose Corp. - Key offerings
  • 10.7 Hon Hai Precision Industry Co. Ltd. 
    • Exhibit 116: Hon Hai Precision Industry Co. Ltd. - Overview
    • Exhibit 117: Hon Hai Precision Industry Co. Ltd. - Business segments
    • Exhibit 118: Hon Hai Precision Industry Co. Ltd. - Key offerings
    • Exhibit 119: Hon Hai Precision Industry Co. Ltd. - Segment focus
  • 10.8 LG Electronics Inc. 
    • Exhibit 120: LG Electronics Inc. - Overview
    • Exhibit 121: LG Electronics Inc. - Business segments
    • Exhibit 122: LG Electronics Inc. - Key news
    • Exhibit 123: LG Electronics Inc. - Key offerings
    • Exhibit 124: LG Electronics Inc. - Segment focus
  • 10.9 Samsung Electronics Co. Ltd. 
    • Exhibit 125: Samsung Electronics Co. Ltd. - Overview
    • Exhibit 126: Samsung Electronics Co. Ltd. - Business segments
    • Exhibit 127: Samsung Electronics Co. Ltd. - Key news
    • Exhibit 128: Samsung Electronics Co. Ltd. - Key offerings
    • Exhibit 129: Samsung Electronics Co. Ltd. - Segment focus
  • 10.10 Sony Group Corp 
    • Exhibit 130: Sony Group Corp - Overview
    • Exhibit 131: Sony Group Corp - Business segments
    • Exhibit 132: Sony Group Corp - Key offerings
    • Exhibit 133: Sony Group Corp - Segment focus
  • 10.11 Vinci Brands LLC 
    • Exhibit 134: Vinci Brands LLC - Overview
    • Exhibit 135: Vinci Brands LLC - Product / Service
    • Exhibit 136: Vinci Brands LLC - Key offerings
  • 10.12 Xiaomi Inc 
    • Exhibit 137: Xiaomi Inc - Overview
    • Exhibit 138: Xiaomi Inc - Business segments
    • Exhibit 139: Xiaomi Inc - Key news
    • Exhibit 140: Xiaomi Inc - Key offerings
    • Exhibit 141: Xiaomi Inc - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 142: Inclusions checklist
    • Exhibit 143: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 144: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 145: Research methodology
    • Exhibit 146: Validation techniques employed for market sizing
    • Exhibit 147: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 148: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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