Smartphone Accessories Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Smartphone Accessories Market Growth and Trends
The global smartphone accessories market held a market value of US$ 80,947.0 million in 2019 and is projected to grow at a CAGR of 7.0% to an expected market value of US$ 139,104.2 million by 2027 from the base year 2020. The growing digitalization and the need for smartphones have been the major driving factor behind the growth of the smartphone accessories market.
The increasing globalization and urbanization with a rising population have driven the sales and demand for smartphone utilization. The growing awareness among end-users has significantly propelled the demand for smartphone accessories. The need to use smartphones to their absolute maximum best drives the idea behind the smartphone accessories market.
The emerging economies with expanding GDPs show the most demand for smartphone accessories. An increasing rise in disposable incomes has drastically changed the dynamics of the smartphone accessories market. A separate investment into the accessories apart from the smartphone’s increases the desirability quotient by providing the end-users with an option of choosing an accessory that best suits their need.
The increasing e-commerce platforms have directly raised the sales of smartphone accessories as well by offering ease of convenience and discounts on the price. The rising cost-effective competitiveness among smartphone producers has resulted in more affordable yet technically advanced smartphone devices. This increases the adoption of smartphones globally, which further stimulates the sales of the associated smartphone accessories.
The headphones and earphones segment is expected to cover the largest market share by 2026 owing to the constant growth in the advancements and upgrades provided in this segment. The chargers, batteries, and portable power banks segment is forecasted to closely follow the headphones segment in the market share. The market size of screen guards is also expected to hold a major share of the smartphone accessories market.
The constant progress seen in the technological advancements of mobile accessories fuels the need and demand for the accessories. The increasing standardization protocols for the accessories make them more desirable to the end-users. Several government initiatives are proposed for the sales of authentic accessories. This propels the demand and sales of smartphone accessories by eliminating the threat of fake product-line scams. The top players of the market are influencing the market propulsion by executing mergers, partnerships, and collaborations.
Smartphone Accessories Industry Regional Analysis
Smartphone Accessories Market Research Report Scope/Definition
Smartphone Accessories Market Share and Competition Key companies operating in this industry are: Google; Samsung; Apple; Harman International Inc.; Belkin International Co.; Aukey; Groovemade Walnut; Anket Powercore; and UE Boom
Smartphone Accessories Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Battery
• Headphone/Earphone
• Portable Speaker
• Charger
• Memory Card
• Power Bank
• Battery Case
• Protective Case
• Screen Guards
• Popsockets
• Others
Price Range Analysis (Revenue, USD Million, 2021 - 2028)
• Premium
• Mid
• Low
Sales Category Analysis (Revenue, USD Million, 2021 - 2028)
• Brands
• 3rd Parties
• White Labels/No Name Brands
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Smartphone Accessories Industry Companies
• Google;
• Samsung;
• Apple;
• Harman International Inc.;
• Belkin International Co.;
• Aukey;
• Groovemade Walnut;
• Anket Powercore;
• UE Boom
Available Versions of Smartphone Accessories Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
