Mobile Phone Accessories Market Size, Trends and Insights By Product Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Power Bank, Others), By Distribution Channel (Online, Offline), By Price Range (Premium, Mid, Low), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Belkin International Inc.
- Otter Products LLC
- Samsung Electronics Co. Ltd.
- Apple Inc.
- Sony Corporation
- Others
Reports Description
Global Mobile Phone Accessories Market was valued at USD 96.5 Billion in 2024 and is expected to reach USD 160.6 Billion by 2033, at a CAGR of 7.1% during the forecast period 2024 – 2033.
Mobile phone accessories are additional parts or attachments meant to improve the operation, usefulness, protection, or aesthetics of a mobile phone. These accessories include phone covers, screen protectors, chargers, headphones, portable power banks, auto mounts, selfie sticks, and styluses. They are designed to give customers more convenience, customization choices, and protection for their portable electronics.
Mobile Phone Accessories Market: Growth Factors
Expanding demand for wireless accessories
The increased demand for wireless accessories is a major driver in the mobile phone accessory industry. As more people use wireless technologies, including Bluetooth headphones, cordless chargers, and smartwatches the need for suitable accessories grows.
Wireless attachments provide ease, mobility, and independence from tangled cables, which improves the entire user experience. Furthermore, the proliferation of smartphones with sophisticated features such as greater audio quality, longer battery life, and increased connection drives demand for complementing accessories that maximise effectiveness.
Furthermore, the growing use of mobile devices for a variety of purposes such as music streaming, gaming, and fitness monitoring drives up demand for specialised peripherals.
Additionally, technical developments, like quicker charging capabilities, extended battery life, and increased connection, promote innovation in mobile accessories, enticing consumers looking for enhanced performance and convenience.
For instance, Samsung Electronics Co., Ltd., a worldwide smartphone leader, has broadened its reach into the mobile phone components sector with the launch of groundbreaking wireless chargers. Utilising their knowledge, Samsung offers a diverse range of accessories that seamlessly interact with both their own and other smartphone manufacturers.
The most recent of Samsung’s is the SmartThings Station, which was unveiled at the Consumer Electronics Technology Association (CES) 2023. This innovative gadget functions as both a smart home hub and a wireless charger. It will be offered in Korea first, followed by the United States.
The SmartThings Station, priced at $59.99, not only allows smooth management over many connected devices but also up to 15W of wireless charging for smartphone models and headphones.
Increase in digitalization in evolving economies
The growing digitization in emerging nations acts as a spur for the expansion of the mobile phone accessories industry. As more people in these places acquire access to smartphones and other mobile devices, there is a greater need for accessories that improve and safeguard them.
Cases, screen protectors, chargers, and power banks are all crucial accessories for users wishing to personalise and extend the life of their devices. Furthermore, the emergence of e-commerce platforms and online marketplaces makes it simpler to access a wide choice of mobile phone accessories, allowing customers in emerging countries to make purchases more conveniently.
This digital change also fosters innovation in the mobile accessory industry, with firms manufacturing new and improved goods to adapt to the changing demands and tastes of consumers in these markets. As a result, the increasing digitalization in emerging economies significantly drives the mobile phone accessories market’s growth.
For instance, digitalization grew by an average of 6 percentage points across advanced economies. The findings demonstrate how the pandemic boosted digitization, particularly in previously underperforming economies or businesses.
UNCTAD recognizes Peru’s achievement in building digital connection infrastructure and implementing regulatory reforms to promote competition, lower prices, and improve quality. The evaluation also makes recommendations to assist the South American country in developing its e-commerce logistics business and increasing financial inclusion through the use of electronic payments.
Ghana’s evaluation emphasises the country’s excellent e-commerce potential as a result of significant investments in ICT infrastructure that increased internet coverage and financial inclusion. To capitalise on these opportunities, the country plans to create a national e-commerce strategy.
Mobile Phone Accessories Market: Restraints
Abundance of competitors
A vast number of rivals causes price wars, eroding profit margins for businesses. Furthermore, the quick rate of technological change necessitates ongoing innovation and differentiation of products to remain relevant, which raises research and development expenditures.
Additionally, the growth of online marketplaces and third-party sellers increases competition, making it difficult for businesses to retain brand loyalty and customer confidence. Furthermore, counterfeit items flooding the market harm the reputation of legitimate businesses and confuse buyers.
Also, the industry’s fragmented character, with numerous small-scale manufacturers and dealers, makes it difficult for businesses to build a significant market presence and distribution channel.
Mobile Phone Accessories Market: Opportunities
Developments of IoT-enabled accessories
The growth of IoT-enabled accessories is changing the context of the mobile phone accessory business. These devices, which include smartwatches, fitness trackers, and wireless earphones, use IoT technology to provide greater functionality and connectivity with smartphones.
Smartwatches, for example, may measure health indicators and get notifications from associated phones, whilst wireless earphones allow for hands-free conversation and music playback. The combination of these features with smartphones improves user convenience, efficiency, and lifestyle management, resulting in increased demand for complementing products.
Consumers are increasingly looking for seamless connectivity and interoperability across their mobile devices and accessories, resulting in the adoption of IoT-enabled products.
Additionally, the proliferation of IoT ecosystems and platforms motivates businesses to innovate and collaborate, resulting in the creation of a wide range of smart accessories. For instance, The US Patent and Trademark Office (USPTO) has awarded Apple a patent, which might allow the corporation to develop an attachment that allows an iPhone to be utilised as a virtual reality headset.
The patent application was filed in late 2021, Apple unveiled its first wearable mixed-reality device, the Apple Reality Pro. The patent request also indicates that Apple engineers continue to work on a variant of the company’s shelved AirPower wireless charger.
Mobile Phone Accessories Market: Segmentation Analysis
Global Mobile Phone Accessories market is segmented by product type, distribution channel price range, and region. Based on product type, the market is classified into battery headphone/earphone, portable speaker, charger, memory card, power bank, protective case, screen guards and others.
Headphones and earphones dominated the market in 2023 with a market share of 35% and are expected to keep their dominance during the forecast period 2024-2033.
Headphones and earphones are critical components of the mobile phone accessory business, fuelling strong consumer demand.
As smartphones become more popular, so will the need for audio attachments for a variety of activities such as music listening, gaming, and hands-free conversation. Headphones and earbuds are crucial for customers who want rich audio experiences on the go due to their adaptability and simplicity.
Manufacturers are constantly innovating to provide elegant designs, improved sound quality, and ergonomic features, attracting a diverse spectrum of customers.
Based on the distribution channel, the market is classified into online and offline. The online sales channel segment dominated the market in 2023 with a market share of 68% and is expected to keep its dominance during the forecast period 2024-2033. Online sales channels play an important role in propelling the mobile phone accessories industry through a variety of techniques.
The ease and convenience of internet purchasing allow people to explore and purchase mobile phone accessories from the comfort of their own homes or while on the road using mobile devices. Using the internet frequently gives thorough product information, user reviews, and comparison tools, allowing shoppers to make more educated purchase decisions.
Furthermore, internet platforms allow for targeted marketing campaigns, personalised suggestions, and special offers, which may successfully generate demand and increase sales.
Based on price range, the market is classified into premium, mid and low. The mid-range segment dominated the market in 2023 with a market share of 48% and is expected to keep its dominance during the forecast period 2024-2033. Unlike high-end accessories, which may be out of reach for certain customers, mid-range solutions offer a cost-effective solution without sacrificing performance or durability.
This low cost encourages more users to purchase accessories like cases, screen protectors, chargers, and headphones to improve their mobile phone experience. Furthermore, the mid-range category encourages rivalry among accessory makers, resulting in innovation and a varied selection of items to meet changing consumer demands and tastes.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 96.5 Billion |
Projected Market Size in 2033 | USD 160.6 Billion |
Market Size in 2023 | USD 95.3 Billion |
CAGR Growth Rate | 7.1% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, Distribution Channel, Price Range and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Mobile Phone Accessories Market: Regional Insight
By region, Mobile Phone Accessories market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global Mobile Phone Accessories market in 2023 with a market share of 47% and is expected to keep its dominance during the forecast period 2024-2033.
Asia-Pacific has a vast and technologically aware customer base, including China, Japan, and South Korea, which are major makers and consumers of mobile devices. This high market demand opens up prospects for accessory makers to grow.
Asia-Pacific has various manufacturing hubs, mainly in China, where a diverse selection of mobile phone accessories is made at cheap costs. This manufacturing prowess provides a consistent supply of accessories to fulfil worldwide demand.
Furthermore, the region’s broad and dynamic customer tastes encourage advancements in mobile phone accessory design and functionality. Companies are constantly adapting their products to meet local tastes and growing trends, hence boosting market development.
Mobile Phone Accessories Market: Recent Developments
- In September 2023, TORRAS launched new inventions at IFA 2023 with a collection of phone covers.
- In April 2022, Samsung Electronics Co., Ltd. announced a collaboration with plant-based designer Sean Wotherspoon to create an eco-friendly smartphone cover and wristwatch accessories.
- In February 2022, Belkin released its brand-new line of connectivity services built on Intel’s Thunderbolt 4 controller; known as Thunderbolt 4 cable, and the CONNECT Pro Thunderbolt 4 Dock that provides features that include dual display integration for content up to 4K at 60Hz, fast charging.
List of the prominent players in the Mobile Phone Accessories Market:
- Belkin International Inc.
- Otter Products LLC
- Samsung Electronics Co. Ltd.
- Apple Inc.
- Sony Corporation
- Xiaomi Corporation
- Huawei Technologies Co. Ltd.
- Anker Innovations Limited
- Logitech International S.A.
- Incipio LLC
- ZAGG Inc.
- Griffin Technology
- Jabra
- Plantronics Inc.
- Sennheiser Electronic GmbH & Co. KG
- Bose Corporation
- Mophie Inc.
- Skullcandy Inc.
- Speck Products
- Seidio Inc.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Mobile Phone Accessories Market is segmented as follows:
By Product Type
- Battery
- Headphone/Earphone
- Portable Speaker
- Charger
- Memory Card
- Power Bank
- Others
By Distribution Channel
- Online
- Offline
By Price Range
- Premium
- Mid
- Low
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Mobile Phone Accessories Market, (2024 – 2033) (USD Billion)
- 2.2 Global Mobile Phone Accessories Market: snapshot
- Chapter 3. Global Mobile Phone Accessories Market – Industry Analysis
- 3.1 Mobile Phone Accessories Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Expanding demand for wireless accessories
- 3.2.2 Increase in digitalization in evolving economies
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Distribution Channel
- 3.7.3 Market Attractiveness Analysis By Price Range
- Chapter 4. Global Mobile Phone Accessories Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Mobile Phone Accessories Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Mobile Phone Accessories Market – Product Type Analysis
- 5.1 Global Mobile Phone Accessories Market Overview: By Product Type
- 5.1.1 Global Mobile Phone Accessories Market Share, By Product Type, 2024 and – 2033
- 5.2 Battery
- 5.2.1 Global Mobile Phone Accessories Market by Battery, 2024 – 2033 (USD Billion)
- 5.3 Headphone/Earphone
- 5.3.1 Global Mobile Phone Accessories Market by Headphone/Earphone, 2024 – 2033 (USD Billion)
- 5.4 Portable Speaker
- 5.4.1 Global Mobile Phone Accessories Market by Portable Speaker, 2024 – 2033 (USD Billion)
- 5.5 Charger
- 5.5.1 Global Mobile Phone Accessories Market by Charger, 2024 – 2033 (USD Billion)
- 5.6 Memory Card
- 5.6.1 Global Mobile Phone Accessories Market by Memory Card, 2024 – 2033 (USD Billion)
- 5.7 Power Bank
- 5.7.1 Global Mobile Phone Accessories Market by Power Bank, 2024 – 2033 (USD Billion)
- 5.8 Others
- 5.8.1 Global Mobile Phone Accessories Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Mobile Phone Accessories Market Overview: By Product Type
- Chapter 6. Global Mobile Phone Accessories Market – Distribution Channel Analysis
- 6.1 Global Mobile Phone Accessories Market Overview: By Distribution Channel
- 6.1.1 Global Mobile Phone Accessories Market Share, By Distribution Channel, 2024 and – 2033
- 6.2 Online
- 6.2.1 Global Mobile Phone Accessories Market by Online, 2024 – 2033 (USD Billion)
- 6.3 Offline
- 6.3.1 Global Mobile Phone Accessories Market by Offline, 2024 – 2033 (USD Billion)
- 6.1 Global Mobile Phone Accessories Market Overview: By Distribution Channel
- Chapter 7. Global Mobile Phone Accessories Market – Price Range Analysis
- 7.1 Global Mobile Phone Accessories Market Overview: By Price Range
- 7.1.1 Global Mobile Phone Accessories Market Share, By Price Range, 2024 and – 2033
- 7.2 Premium
- 7.2.1 Global Mobile Phone Accessories Market by Premium, 2024 – 2033 (USD Billion)
- 7.3 Mid
- 7.3.1 Global Mobile Phone Accessories Market by Mid, 2024 – 2033 (USD Billion)
- 7.4 Low
- 7.4.1 Global Mobile Phone Accessories Market by Low, 2024 – 2033 (USD Billion)
- 7.1 Global Mobile Phone Accessories Market Overview: By Price Range
- Chapter 8. Mobile Phone Accessories Market – Regional Analysis
- 8.1 Global Mobile Phone Accessories Market Regional Overview
- 8.2 Global Mobile Phone Accessories Market Share, by Region, 2024 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Mobile Phone Accessories Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.4 North America Mobile Phone Accessories Market, by Product Type, 2024 – 2033
- 8.4.1 North America Mobile Phone Accessories Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.5 North America Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033
- 8.5.1 North America Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.6 North America Mobile Phone Accessories Market, by Price Range, 2024 – 2033
- 8.6.1 North America Mobile Phone Accessories Market, by Price Range, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Mobile Phone Accessories Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Mobile Phone Accessories Market, by Product Type, 2024 – 2033
- 8.8.1 Europe Mobile Phone Accessories Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033
- 8.9.1 Europe Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.10 Europe Mobile Phone Accessories Market, by Price Range, 2024 – 2033
- 8.10.1 Europe Mobile Phone Accessories Market, by Price Range, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Mobile Phone Accessories Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Mobile Phone Accessories Market, by Product Type, 2024 – 2033
- 8.12.1 Asia Pacific Mobile Phone Accessories Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033
- 8.13.1 Asia Pacific Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Mobile Phone Accessories Market, by Price Range, 2024 – 2033
- 8.14.1 Asia Pacific Mobile Phone Accessories Market, by Price Range, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Mobile Phone Accessories Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Mobile Phone Accessories Market, by Product Type, 2024 – 2033
- 8.16.1 Latin America Mobile Phone Accessories Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033
- 8.17.1 Latin America Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.18 Latin America Mobile Phone Accessories Market, by Price Range, 2024 – 2033
- 8.18.1 Latin America Mobile Phone Accessories Market, by Price Range, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Mobile Phone Accessories Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Mobile Phone Accessories Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Mobile Phone Accessories Market, by Product Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Mobile Phone Accessories Market, by Product Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033
- 8.21.1 The Middle-East and Africa Mobile Phone Accessories Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Mobile Phone Accessories Market, by Price Range, 2024 – 2033
- 8.22.1 The Middle-East and Africa Mobile Phone Accessories Market, by Price Range, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Belkin International Inc.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Otter Products LLC
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Samsung Electronics Co. Ltd.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Apple Inc.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Sony Corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Xiaomi Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Huawei Technologies Co. Ltd.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Anker Innovations Limited
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Logitech International S.A.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Incipio LLC
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 ZAGG Inc.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Griffin Technology
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Jabra
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Plantronics Inc.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Sennheiser Electronic GmbH & Co. KG
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Bose Corporation
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Mophie Inc.
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Skullcandy Inc.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Speck Products
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Seidio Inc.
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Belkin International Inc.
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Belkin International Inc.
- Otter Products LLC
- Samsung Electronics Co. Ltd.
- Apple Inc.
- Sony Corporation
- Xiaomi Corporation
- Huawei Technologies Co. Ltd.
- Anker Innovations Limited
- Logitech International S.A.
- Incipio LLC
- ZAGG Inc.
- Griffin Technology
- Jabra
- Plantronics Inc.
- Sennheiser Electronic GmbH & Co. KG
- Bose Corporation
- Mophie Inc.
- Skullcandy Inc.
- Speck Products
- Seidio Inc.
- Others
FAQs
The restraints of the Mobile Phone Accessories market is abundance of competitors.
The major driver for the Mobile Phone Accessories market is expanding demand for wireless accessories and increase in digitalization in evolving economies.
The “Battery” category dominated the market in 2023.
The key players in the market are Belkin International Inc., Otter Products LLC, Samsung Electronics Co. Ltd., Apple Inc., Sony Corporation, Xiaomi Corporation, Huawei Technologies Co. Ltd., Anker Innovations Limited, Logitech International S.A., Incipio LLC, ZAGG Inc., Griffin Technology, Jabra, Plantronics Inc., Sennheiser Electronic GmbH & Co. KG, Bose Corporation, Mophie Inc., Skullcandy Inc., Speck Products, Seidio Inc., Others.
“Asia-Pacific” had the largest share in the Mobile Phone Accessories Market.
The global market is projected to grow at a CAGR of 7.1% during the forecast period, 2024-2033.
The Mobile Phone Accessories Market size was valued at USD 96.5 Billion in 2024.