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Mobile Phone Accessories Market

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The global market research report on Mobile Phone Accessories Market is categorized by Product Type, Distribution Channel, Price Range, and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends
Mobile Phone Accessories Market - Size,
Share, Trends and Forecast to 2026
Mobile phone accessories consist of products responsible for enhancing the
appearance and productivity of a mobile phone. Some of the mobile phone accessories
include, headphone, protective cases, power bank, portable speakers, and others.
Market Driver:
The increasing adoption of smartphones worldwide is one of the key factors driving
growth of the market. For instance, according to the Coherent Market Insights analysis,
the sale of smartphone in 2014 was 367,334.7(thousand units) and reached to
403,109.4 (thousand units) in 2015 worldwide.
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Furthermore, increasing disposable income that promote consumers to highly spend on
media, entertainment, networking, and mobile communication is major factor
contributing in increasing demand for smartphones, which in turn is expected to propel
growth of the mobile phone accessories market. Use of portable devices such as
smartphones, tablets, and others for listening music increases the demand for
accessories such as headphones, Bluetooth and WiFi speakers, which is expected to
drive growth of the mobile accessories market during the forecast period (2018-2026).
However, increasing incidence of hearing impairment in users is one of the major
factors affecting growth of the mobile phone accessories market. For instance,
according to the study conducted by the American Academy of Otolaryngology, in April
2018, increasing usage of cell phone over 60 minutes per day could result in damaging
hearing ability. Moreover, according to the World Health Organization (WHO), over 5%
of the world’s population suffers from hearing impairment. Hence, all these factors will
adversely affect growth of the market.
Mobile phone protective case accounted for the largest market share in 2017
On the basis, of product type the protective case accounted the largest market share in
2017 and expected to remain largest during the forecast period (2018-2026), owing to
increasing demand of wireless accessories. The factor attributed to growth of the
market is technological advancements in various audio devices that have transformed
the fashion of listening music. This factor is expected to increase demand for wireless
audio devices such as portable Bluetooth speakers. Moreover, Bluetooth speakers
provide hassle free maintenance, increased durability, and good functionalities that
attract consumer towards the adoption of Bluetooth for their devices. Such high
adoption of wireless devices is expected to fuel growth of the market during the forecast
period (2018-2026).
Asia Pacific mobile accessories market accounted for the largest market share
during forecast period.
Asia Pacific exhibited the largest market share over the forecast period, owing to
increasing number of smart phones users in emerging economies such as India and
China. For instance, according to the Coherent Market Insights analysis, 28.5% people
in India used smartphones in 2016 and the number increased to 32.3% in 2017.
Similarly, China registered 52.9% smartphone users in 2016 and the number increased
to 56.8% in 2017. The rise in number of smartphone users in Asia Pacific is due to
increasing number of internet users in the developing economies such as India and
China. For instance, according to the Internet World Stats, in China, number of internet
users in 2015 was 705.9 million and it increased to 721.4 million in 2016.Similarily, in
India the number of internet users was 354.1 million in 2015 and it increased to 462.1
million in 2016. Therefore, increasing number of internet users is expected to boost
sales of smartphones, which in turn is expected to propel demand for mobile phone
accessories in the region.
Key companies
Major players operating in the global mobile accessories market include, Samsung
Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, Apple, Inc., JVC
Kenwood Corporation, Plantronics, Inc., Bose Corporation, Griffin Technology, Otter
Products, LLC, Sennheiser Electronics GmbH & Co. KG and others.
For More Information :
https://www.coherentmarketinsights.com/market-insight/mobile-phone-accessories-market-2070
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services,
and competitive analysis through various recommendations related to emerging market
trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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aniket
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