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TechSci Research’s recent report, “Mobile Phone Accessories Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029,” forecasts significant growth in the Global Mobile Phone Accessories Market fueled by the rising demand for smartphones as primary communication tools worldwide. This surge in smartphone adoption drives the need for accessories that enhance mobile experiences, propelling market expansion. Moreover, the shift towards wireless devices and rapid technological advancements, exemplified by innovations like wireless speakers and headsets, further accelerates market growth.
The Global Mobile Phone Accessories Market is the focus of this report, segmented into categories by-product such as Headphone, Charger, Power Bank, Protective Case, and Others. Additionally, the market is analyzed by distribution channel, encompassing Online and Offline. Geographically, it spans North America (including the United States, Canada, and Mexico), Europe (comprising France, the United Kingdom, Italy, Germany, Spain, Netherlands, and Belgium), Asia-Pacific (covering China, India, Japan, Australia, South Korea, Thailand, and Malaysia), South America (including Brazil, Argentina, Colombia, and Chile), and the Middle East & Africa (encompassing South Africa, Saudi Arabia, UAE, and Turkey).
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The protective case segment is anticipated to lead the market based on product, driven by regular product updates and strong demand, especially from female consumers. The inclination of this demographic to regularly update their mobile accessories significantly propels market expansion. Future developments in material types, ensuring compatibility with specific smartphone models, add to the growing need for mobile accessories, highlighting the significance of protective cases as the industry-leading category.
Notably, teenagers are particularly influenced by this accessory trend, actively seeking headphones and phone covers to stay abreast of technological advancements. Demographic factors also contribute to market growth, with the increasing number of young people entering the workforce driving demand for a variety of accessories. Additionally, consumer preferences vary by gender, with men favoring accessories like fast chargers and headphones, while women prefer to frequently switch phone covers.
Key market players in the Global Mobile Phone Accessories Market are:-
- Belkin International Inc.
- Harman International
- Aukey KSA
- Grovemade
- Anket Innovations
- Samsung Electronics Co., Ltd.
- Apple Inc.
- Google LLC
- Xiaomi Corporation
- Bose Corporation
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Regionally, Asia Pacific is poised to maintain its dominance in the market, with substantial growth expected in 2023, primarily driven by China. China’s prominent position in the mobile phone industry, widespread adoption of various mobile accessories, and ongoing innovation leading to the introduction of new products at competitive prices contribute to the region’s robust market growth.
TechSci Research’s report identifies several key drivers propelling the growth of the global mobile phone accessories market. The pervasive adoption of smartphones, technological advancements, e-commerce growth, increased disposable incomes, and the trend toward sustainability collectively contribute to market expansion. The introduction of new product categories like smartwatches and gaming accessories further caters to evolving consumer needs. The report aims to provide comprehensive market intelligence, helping decision-makers make informed investment decisions by identifying emerging trends, drivers, challenges, and opportunities in the Global Mobile Phone Accessories Market.
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