Market Research Future published a research report on “Mobile Accessories Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
— Mobile Accessories Global Market - Overview
The mobile accessories market has seen rapid surge in the past few years. As the companies are coming up with new technologies such as fast charging, demand for the portable mobile products are increasing rapidly. Portable mobile accessories help to enhance the mobile experience of the customer by providing additional products which can be attached with their smartphones and can be used in various application areas such as enhancing music experience or protecting the mobile by use of protectors. Portable speaker, power banks and Bluetooth earphones and headphones are some of the highest revenue generating product for mobile accessories.
Rich supply chain and growing reach of e-commerce in terms of making the product availability and delivery is expected to play a major role in the growth of Mobile Accessories Market whereas easy affordability products is also expected to help in the demand creation of the product. Other major driving force of mobile accessories includes urbanization across regions such as Latin America and Asia-Pacific is also expected to fuel the market of mobile devices as well as mobile accessories.
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The mobile accessories market is segmented by products, distribution channel, price, and region. By products, the market is segmented into headphones/earphones, protective cases, power banks, and portable speakers, among others. The market is segmented by distribution channel into online and offline. By price, the market is segmented into premium, medium, and low. The market is segmented by region into North America, Europe, Asia Pacific, and the rest of the world.
Portable speakers, power banks, and wireless earphones and headphones have the highest revenue generation among the product segments of the market.
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.
Asia Pacific leads the global mobile accessories market with the highest market share. Emerging economies like China and India have a massive surplus demand for smartphones and cater to the rising demand for mobile accessories. The presence of multiple top manufacturers in countries like China, Taiwan, South Korea, and Japan cater to the increasing demand of mobile accessories, subsequently contributing to the market share of the region.
North America is the second largest market for mobile accessories due to the high disposable income of the majority of the population in the U.S. and Canada. The U.S. is a technological groundbreaker and has an enormous demand for advanced products such as portable speakers, high capacity power banks, and wireless earphones and headphones
Europe is predicted to be the third largest market for mobile accessories. The presence of a massive number of developed countries in Europe and the increasing number of smartphone users among the population is raising the demand for mobile accessories such as power banks, Bluetooth earphones and headphones, and display protectors.
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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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