Mobile Phone Accessories Market - Size, Share, Trends, and Forecast to 2026
Mobile phone accessories are collection of
hardware that help in enhancing the functionality of mobile devices.
Mobile phone accessories help consumers to protect their phone from
being snatched or breakage and enable listening to music through
headsets. Mobile phone accessories include, Bluetooth, portable
speaker, power bank, headphones, and others. Mobile phone accessories
help to keep the mobile phones safe from damage and also make
smartphones look trendy.
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Market Dynamics
Key players such as Apple, Inc., Samsung,
Panasonic Corporation, and others are focused on investments and R&D
to increase the functionality and features of smartphones. This in
turn is expected to help companies to differentiate their products
from competitors and maintain strong presence in the market. For
instance, according to the Coherent Market Insights’ analysis,
Samsung Electronics Co invested US$ 12.6 billion on mobile research
and development (R&D) activities in 2015 for developing new
technology and products, which further increases the demand for
mobile phone accessories during the forecasted period.(2018-2026).
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.
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).
Detailed Segmentation:
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Global Mobile Phone Accessories Market, By Product Type:
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Headphone
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Protective Case
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Portable Speaker
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Bluetooth
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Power Bank
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Other Products
-
-
Global Mobile Phone Accessories Market, By Distribution Channel:
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Online
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Off-line
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Global Mobile Phone Accessories Market, By Price Range:
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Premium
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Medium
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Low
-
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.
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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.
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Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
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