Mobile phone accessories are manufactured in bulk due to the more demand by the other regions or more import and export of the mobile phone accessories in different countries so maintaining the standardization of the product becomes difficult for the manufacturer. Products not in the standard quality or size cannot gain customer confidence, leading to a decrease in the demand for mobile phone accessories.
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Global mobile phone accessories market is expected to reach USD 1, 62,238.12 million by 2027 from USD 95,904.63 million in 2019 growing with a substantial CAGR of 6.9% of in the forecast period of 2020 to 2027. Several advantages are associated with mobile phone accessories products, and their usage is highly increasing in the cell phone industry, especially in developed nations. Hence, companies are launching more products to fulfill their customers' rising demand.
Increasing demand of smartphones in all age groups across the world will drive the market's growth rate
The increasing demand of smartphone in all regions will positively impact the demand for mobile phone accessories. The demand for the wireless headphones which are connected with all smart phone devices is on increasing demand among the young age groups. The demand for the screen guard and the phone cases have also increased for the protection of the smart phone screen and body which help to increases the life span of the products.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2020 to 2027
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Base Year
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2019
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Historic Years
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2018 (Customizable to 2013 - 2018)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Solutions, Services), Deployment Model (On Premises, Cloud), Organization Size (Large Enterprises, Small & Medium Enterprises (SMEs)), Mode of Payment (Payment Cards, Point of Sale, Unified Payments Interface (UPI) Service, Mobile Payment, Online Payment), Mode of Usage (Mobile Application, Desktop/Web Browser), Technology (Application Programming Interface (API), Data Analytics and ML, Digital Ledger Technology (DLT), AI and IoT, Biometric Authentication), Use Case (Person (P/C), Merchant/ Business, Government), End User (Commercial, Consumer)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Mirkin Research Group (U.S.), Elsevier B.V. (Netherlands), Nanotechnology group. (India), ULVAC (Japan), BOBST (Switzerland), Brother Industries, Ltd. (Japan), KOMORI Corporation. (Japan), Seiko Epson Corporation. (Japan), SPGPrints B.V. (Netherlands), Meyer Burger Technology AG (Switzerland), Methode Electronics. (U.S.), Konica Minolta Business Solutions India Pvt Ltd. (India), Koenig & Bauer AG (Germany), Xerox Corporation. (U.S.), Canon Inc. (Japan), SCREEN Holdings Co., Ltd. (Japan) among others.
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
Global mobile phone accessories market is categorized into six notable segments which are based on the basis of type, price range, packaging type, distribution channel, sales category and end-use phones.
The white labels/no brand name segment will dominate the sales category segment of the mobile phone accessories market
The white labels/no brand name segment will emerge as the dominating segment under sales category with approximately 49.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the semiconductors industry all around the globe will further bolster the growth of this segment.
The smartphones segment will dominate the end use phones segment of the mobile phone accessories market
The smartphones segment will emerge as the dominating segment end use phones segment. This is because of the growing number smartphones in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in mobile phone accessories market: Mirkin Research Group (U.S.), Elsevier B.V. (Netherlands), Nanotechnology group. (India), ULVAC (Japan), BOBST (Switzerland), Brother Industries, Ltd. (Japan), KOMORI Corporation. (Japan), Seiko Epson Corporation. (Japan), SPGPrints B.V. (Netherlands), Meyer Burger Technology AG (Switzerland), Methode Electronics. (U.S.), Konica Minolta Business Solutions India Pvt Ltd. (India), Koenig & Bauer AG (Germany), Xerox Corporation. (U.S.), Canon Inc. (Japan), SCREEN Holdings Co., Ltd. (Japan).
Market Development
Regional Analysis
Geographically, the countries covered in the mobile phone accessories market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in mobile phone accessories market during the forecast period 2020 - 2027
Asia-Pacific dominates the mobile phone accessories market because of the consumption of films and high demand of smartphone within the region.
North America is estimated to be the fastest-growing region in mobile phone accessories market the forecast period 2020 - 2027
North America is expected to witness significant growth during the forecast period of 2022 to 2029 because of the high se of mobile phone in the region.
COVID-19 Impact
The COVID-19 pandemic helped the market grow, and the post-pandemic phase will keep the market's growth rate moving forward. The epidemic phase has prompted the widespread adoption of e-wallets and other contactless payment methods. Even though the manufacturing sector was severely affected, bill payments, peer-to-peer transfers, and customer-to-business (C2B) payments all increased during the lockdown.
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Global Mobile Phone Accessories Market – Industry Trends and Forecast to 2029
North America Mobile Phone Accessories Market – Industry Trends and Forecast to 2027
Asia-Pacific Mobile Phone Accessories Market – Industry Trends and Forecast to 2029
Europe Mobile Phone Accessories Market – Industry Trends and Forecast to 2029
Middle East and Africa Mobile Phone Accessories Market – Industry Trends and Forecast to 2029