Mobile Phone Accessories Market Size, Share | Industry Forecast - 2026 (2022)

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Mobile Phone Accessories Market Outlook - 2026

The global mobile phone accessories market size was valued at $224.69 billion in 2018, and is projected to reach at $284.06 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026. Mobile phone plays an important and vital role in modern day to day life. Increase in the adoption of smartphones, as they offer effective connectivity to the digital world majorly drives the mobile phone accessories market. Rise in demand for wireless accessories also boosts the market growth. This increase in demand is due to the change in customer preferences to listen to music on portable devices, such as smartphones and tablets.

Mobile Phone Accessories Market Size, Share | Industry Forecast - 2026 (1)

Rise in demand for wireless accessories drives the mobile phone accessories market growth. This increase in demand is due to the change in customer preferences to listen to music on portable devices, such as smartphones and tablets. Music is easily accessible through music streaming platforms, which include YouTube and SoundCloud. The demand for mobile phone accessories has increased due to an upsurge in disposable income and rise in the popularity of social networking sites in urban areas. In addition, increase in internet penetration also boosts the online retailing platform. However, excessive use of headphones affects the hearing ability of the users, which restricts the market growth. Rapid technological advancements, including implementation of noise canceling technology, Bluetooth/NFC speakers, and built-in fan and light in selfie sticks, are expected to offer lucrative growth opportunities in the near future. However, the imposition of tariffs on imports and exports among leading manufacturing countries result in significant changes in the global technological landscape. The future market uncertainty restricts the companies to invest and reduce the pace of development.

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The key players operating in the global mobile phone accessories market are Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Samsung Electronics Co., Ltd., Apple Inc., Bose Corporation, BYD Co Ltd., Plantronics, Inc., Energizer Holdings, Inc., and JVC Kenwood Corporation. Key players spend heavily on developing innovative accessories to gain mobile phone accessories market share.

Mobile Phone Accessories Market By Product Type

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Portable Speakers is projected as the most lucrative segment.

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Segment Overview

The global mobile phone accessories market trends are analyzed on the basis of various segments including product type, distribution channel, price range, and region. By product type, the market is divided into battery, headphone/earphone, portable speaker, charger, memory card, power bank, battery case, protective case, screen guards, popsockets, and others (USB cable and selfie stick). By distribution channel, it is bifurcated into online and offline. By price range, it is segmented into premium, mid, and low. By region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America and Middle East (LAMEA).

Growth in usage of smart mobile phones

Rapid technological development of mobile phones in the twenty-first century has led to its adoption as a utility, used for day to day tasks such as alarm, task reminders, remote controlling appliances, and others. Further, the entertainment and media exploring functionalities such as large touch screens, speakers, easy control volume buttons, voice control intelligence, and other applications, add value in the market. As a result, smartphones have found replacement of laptops, cameras, wrist watches, and other electronics up to a considerable level. Moreover, the features such as handsfree and others generate the need of headsets and earphones urge the user to buy these mobile accessories. Furthermore, the fragile frame and display screen of mobile phones, drive users to purchase protective case and screen guards as well. These protective accessories are manufactured in terms of design and quality to attract users. Therefore, the increase in penetration of smartphone fuels the growth of the mobile phone accessories market as well.

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Mobile Phone Accessories Market By Price Range

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Premium accessories will dominant the market in 2026.

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Rise in usage of smart wireless accessories

Various features with the advancement of technology such as AI and IoT make way for hyper connectivity and intelligence in the electronic devices. This promotes the use of wireless mobile accessories such as smart wearable, smart speakers, wireless headsets & earphones, and others. Furthermore, the advancement in the sector of smart wireless mobile accessories result in mobile phone accessories industry growth. For instance, U.S. based company & world leader, Amazon, launched series of Echo Show 5 display speakers with integration of AI called as Alexa. Moreover, the rise in adoption of health monitoring smart wearable such as fitness bands, fosters the growth of the mobile phone accessories market.

Adverse effect of hearing disability

Rapid growth in the use of mobile phones, headsets, and portable music players has increased the use of wireless accessories and this has led to many adverse hearing effects. The prolonged use of headphones at high-volume limits has caused temporary as well as permanent sensory damages, which limits the market growth.

Technological advancements in imaging and photographic accessories

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The increase in vertical of media & entertainment has brought advanced photographic and video graphic mobile phone accessories. The imaging accessories used in smartphones such as tripods, stabilizer stands, phone lenses, instant photo printer, and others. Further, penetration in the usage of social media applications such as Facebook, Instagram, and others has raised the number of casual photographers, which is expected to boost the market of photo and imaging mobile accessories.

Mobile Phone Accessories Market By Region

2026

Asia-pacific

North America

Europe

Lamea

Asia-Pacific region would exhibit the highest CAGR of 3.6% during 2019-2026

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Key Benefits for Stakeholders:

  • This study comprises analytical depiction of the global mobile phone accessories market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall mobile phone accessories market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current mobile phone accessories market forecast is quantitatively analysed from 2012 to 2025 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
  • The report includes the market share of key vendors and market trends.

Mobile Phone Accessories Market Report Highlights

Segments Sub-segments
By Product Type
  • Battery
  • Headphone/Earphone
  • Portable Speaker
  • Charger
  • Memory Card
  • Power Bank
  • Battery Case
  • Protective Case
  • Screen Guards
  • Popsockets
  • Others
By Distribution Channel
  • Online
  • Offline
By Price Range
  • Premium
  • Mid
  • Low
By Region
  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific)
  • LAMEA (Latin America, Middle East, Africa)
Key Market Players APPLE INC, BOSE CORPORATION, BYD COMPANY LTD, ENERGIZER HOLDINGS, INC, JVCKENWOOD CORPORATION, PANASONIC CORPORATION, PLANTRONICS, INC, SAMSUNG ELECTRONICS CO. LTD, SONY CORPORATION
Other Key Market Players SENNHEISER ELECTRONIC GMBH & CO. KG, ALIBABA GROUP HOLDING LIMITED, AMAZON.COM, INC., BEST BUY, CARREFOUR S.A., WALGREENS BOOTS ALLIANCE, INC, FAMILY DOLLAR STORES, INC. (DOLLAR TREE, INC.), TARGET CORPORATION, WALMART INC., MEDIAMARKT, J SAINSBURY PLC, XIAOMI CORPORATION, FOXCONN TECHNOLOGY GROUP (BELKIN), OTTER PRODUCTS, LLC. (OTTERBOX), ZAGG INTELLECTUAL PROPERTY HOLDING CO., INC.

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Various features with the advancement of technology such as AI and IoT makes way for hyper connectivity and intelligence in the electronic devices. This has promoted the use of wireless mobile accessories such as smart wearable, smart speakers, wireless headsets & earphones, and others. Furthermore, the advancement in the sector of smart wireless mobile accessories result in the market growth of mobile accessories. For instance, the U.S. based company & world leader, Amazon, launched series of Echo Show 5 display speakers with integration of AI called as Alexa. Moreover, the rise in adoption of health monitoring smart wearable such as fitness bands, foster the growth of the mobile phone accessories market.

Increase in the adoption of smartphones globally, is expected to majorly drive the market as they offer seamless connectivity to the digital world. In addition, Bluetooth wireless devices offer portability, convenience, cost-effectiveness, efficiency, and flexibility, as compared to wired devices.

For instance, Apple Inc. has invented wireless ear pods, a latest update in the wireless headphones that delivers seamless music experience with wireless technology. This product launch is expected to enhance the company’s product portfolio.

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The increase in dependency on smartphones for day to day business and personal usage influences the demand for various types of accessories in the market. In addition to this, the competitive pricing for traditional accessories and internet packs by telco operators, propel the demand for mobile phone accessories in the developing nations.

In 2018, Asia-Pacific was the highest contributor, in terms of revenue, in the global mobile phone accessories market with 46.5% of share. In addition, premium range mobile phone accessories contributed significant revenue to the market, majorly in the U.S. Furthermore, the portable speaker and power bank mobile phone accessories segments are anticipated to witness the highest growth rate during the forecast period.

Key market players have adopted various strategies, such as new product launch, business expansion, and strategic alliances to increase awareness about mobile phone accessories across various countries.

FAQs

What is the market size of mobile accessories in India? ›

For instance, the number estimated for the Indian urban population was nearly 4000 million in 2021. In urban areas, people are more inclined to buy such accessories since they are easily available.
...
By TypeBatteries Chargers Headsets Portable Speakers Selfie Sticks Power Bank Others
By PricePremium Medium Lower
2 more rows
2 Sept 2022

Which of the following phone accessories are mentioned in the article? ›

Top Smartphone Accessories
  • Portable Chargers. ...
  • Car Mounts. ...
  • Selfie Sticks. ...
  • Camera Lens Attachments. ...
  • Gimbals. ...
  • USB OTG Flash Drives. ...
  • Headphones. ...
  • Bluetooth Earbuds.
18 Aug 2020

How big is the mobile industry? ›

How big is the mobile market? b. The global mobile marketing market size was estimated at USD 65.1 billion in 2019 and is expected to reach USD 79.8 billion in 2020.

How big is the phone accessories market? ›

Mobile phone accessories market revenues worldwide 2020-2030

According to Next Move Strategy Consulting, the global mobile phone accessories market was valued at roughly 278 billion U.S. dollars in 2020. By 2030, the market is forecast to have a value of 413.2 billion U.S. dollars.

How big is the cell phone accessory market? ›

The global mobile accessories market size was estimated at USD 73.21 billion in 2019 and is expected to reach USD 78.42 billion in 2020.

What is the importance of phone accessories? ›

The main purpose of buying cell phone accessories is safety. They also help you take full advantage of your cell phone. It can either perform at a higher level after addition of these accessories and might even look better than before.

Is selling phone accessories profitable? ›

Starting a cellphone accessory business can be highly profitable and highly competitive. In addition to cellphone franchises selling accessories, independent stores and kiosks are located in many malls and other public areas.

How can I promote my mobile accessories? ›

Top Mobile Accessories Store Marketing ideas to Grow your Business
  1. Motivate Customers to Give Reviews.
  2. Remain Active on Social Media.
  3. Allow Location Based Services.
  4. Provide What is Required.
  5. Make Mobile Friendly Emails.
  6. Conduct Workshops.
  7. Be in Local Newspapers.
  8. Unite With Major Influencers.

What is the future of the smartphone industry? ›

Smartphone sales will reach 1.85 billion per year in 2023, a 19 per cent increase over 2018 and equivalent to over five million units sold per day. Ownership among 55-to-75-year-olds to reach 85 per cent in developed countries in 2023, a ten percentage point increase over 2018.

Who has the largest market share in mobile phones? ›

With its share at around 22.5% of the global smartphone shipments in Q1 2022, China remains the world's biggest smartphone market.

Is the mobile phone industry growing? ›

While the market fluctuates, one trend remains firmly on track: the transition to the latest cellular technology. Over 560 million 5G-capable mobile phones will be sold in 2021, and by 2022 the number will surpass 900 million, accounting for almost 50% of all phones sold that year.

What is the target market for mobile phone accessories? ›

Presently, the mobile phone accessories are highly demanded by smartphone users all across the globe. The mobile phone accessories market is majorly dependent upon the penetration of smartphones all over the world.

Can phone accessories be recycled What are they? ›

If you are interested in recycling old phone cases, there is a special service provided by TerraCycle. The regular recycling plants don't take phone cases because they are often made of a mixture of plastics, silicons, and sometimes metal. The TerraCycle recycling program is able to properly recycle phone cases.

What is the margin in mobile accessories? ›

"Margins are between 30% and 60%, depending on the accessory, higher than phones that offer about 10%," said Arvind Singhal, founder of retail consultancy Technopak. Massive numbers are making the segment extremely lucrative for large format retailers and even handset makers, said industry watchers.

How do I start a mobile accessories business? ›

7 Steps to start your mobile accessories business in India
  1. Analyze the market. ...
  2. Location, location, location. ...
  3. Source for capital and investments. ...
  4. Understand the legal requirements. ...
  5. Get a supplier. ...
  6. Remember to invest in quick-moving products. ...
  7. Set up marketing channels.
7 Jun 2021

How much does it cost to open a phone store? ›

A cellphone store needs displays with proper electric and internet accessibility. Expect to use anywhere from $25,000 to $100,000 in startup capital to prepare your retail storefront. If you don't already have this, look at small business loans or other private financing options.

How can I increase my mobile sales? ›

6 Killer Techniques to Boost Your Mobile Sales
  1. Make Your Emails Mobile-Friendly. ...
  2. Use Chatbots to Improve Your User Experience. ...
  3. Dive in to Social Media to Bring More Customers to Your Site. ...
  4. Use the Power of Text Messages. ...
  5. Optimize Your Website for Mobile to Level Up Your Organic Search Rankings.
20 Sept 2018

How do you sell your phone to customers? ›

5 Tips on How to Sell Over the Phone (and Mistakes to Avoid)
  1. Look for Interest Signals By Asking Discovery Questions.
  2. Practice Handling Objections to Get to The Truth.
  3. Stay In Control of the Call.
  4. Actively Listen to the Prospect.
  5. Present All Relevant Data Honestly.
7 Dec 2020

How do I create a mobile accessories for my website? ›

How To Open Mobile Accessories Shop Online
  1. #1. Information Collection.
  2. #2. Website Design and Hosting.
  3. #3. An Accessory Listing Online Store With Offers.
  4. #4. Promote Your Mobile Accessories Shop On Social Media.
  5. #5. Content Marketing.
  6. #6. Location-based Services.
  7. #7. Embrace Guest Posting Technique.
  8. #8.
24 Aug 2020

What will phones look like in 2025? ›

Folding phones with dual screens, or, more likely, foldable screens may be the answer. “We think foldable displays will play a large role in the next era of smartphone design,” says Castano. “We are just beginning to see what is possible.”

What will be the future of mobile phones? ›

The screens will be brighter and fold in different ways, the cameras will be so advanced that they'll threaten to obviate even higher-end SLRs, and the digital assistants inside them will be smarter. It's easy to underestimate how important iterative changes can be.

What is mobile phone market share? ›

The US phone maker has 27.49% of the smartphone market share, just 0.65% less than Apple. Samsung and Apple dominate the smartphone industry and own a combined 55.63% of the total smartphone market share.

What is the market share data for mobile phone manufacturers? ›

Samsung held the top spot with 21.8% share and healthy growth in all regions except Europe. Apple came in second with 15.6% share, while Xiaomi came in third narrowing the gap at 13.8% share. vivo and OPPO ended the quarter tied* for the fourth position with 8.7% and 8.6% share respectively.

How is market share defined? ›

Market share is the percent of total sales in an industry generated by a particular company. Market share is calculated by taking the company's sales over the period and dividing it by the total sales of the industry over the same period.

How is global demand for mobile phones changing? ›

Global demand for mobile phones in 2020 will be almost a quarter of a billion units lower than that in 2019, a drop of 13%. We expect that only 1.57 billion mobile phones will be sold worldwide in 2020, the lowest number in a decade, with smartphones reaching just 1.26 billion units, down from 1.41 billion in 2019.

Why the demand for smartphones is increasing? ›

Growing Internet penetration, increasing marketing activities by smartphone vendors, and rising subscriptions in social media are some of the key factors driving global smartphone sales. Economic slowdown due to the COVID-19 pandemic led to rising demand for low-priced smartphones.

Why smartphone is a trend? ›

Smartphones can be wonderful communication devices. It's easy to search for directions or look up information with a voice command or app. Friends can send photos back and forth, message, or talk to their friends and family from anywhere.

What setting can Tracy use on her phone to make sure she is not interrupted during the meeting? ›

What setting can Tracy use on her phone to make sure she is not interrupted during the meeting? Question 1 options: Silent mode.

Which two operating systems are used in smartphones choose two? ›

We choose to talk about only the two most dominant phone OSs here: Android and iOS. Unlike Android OS, Apple iOS is more immune against malware owing to its closed-source platform and the restricted procedures that Apple follows in apps marketing.

What command line utility can be used to repair the BCD on a Windows installation? ›

Type Bootrec /Fixboot at the command prompt. Type Bootrec /rebuildBCD at the command prompt.

Which of the following symptoms can be attributed to malware infection on a mobile device? ›

A few signs you've got mobile malware and your device has been compromised include:
  • Battery draining faster.
  • Pop-up ads.
  • Unexplained apps.
  • A surge in data consumption.
  • Unexplained charges.
  • Reduced performance.
1 Oct 2021

Which of the following would be good advice to give to a friend who is experiencing a relapse while trying to change his behavior? ›

Which of the following would be good advice to give to a friend who is experiencing a relapse while trying to change his behavior? Give yourself credit. Forgive yourself.

What is the latest mobile operating system? ›

The latest version of Android OS is 12, released in October 2021. Learn more about OS 12, including its key features.

Which software is used in mobile phones? ›

Android is a mobile operating system based on a modified version of the Linux kernel and other open source software, designed primarily for touchscreen mobile devices such as smartphones and tablets.

Which country has the most phone usage? ›

Top Countries by Smartphone Users
  • China. 1.44B. 59.9% 865.04M.
  • India. 1.39B. 43.5% 606.57M.
  • United States. 332.92M. 72.1% 240.15M.
  • Indonesia. 276.36M. 64.8% 178.96M.
  • Brazil. 213.99M. 61.6% 131.73M.
  • Russia. 145.91M. 70.1% 102.24M.
  • Japan. 126.05M. 75.2% 94.78M.
  • Mexico. 130.26M. 59.4% 77.31M.

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