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 $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. An 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.
The 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 a rise in the popularity of social networking sites in urban areas. In addition, an 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 the implementation of noise canceling technology, Bluetooth/NFC speakers, and built-in fan and light in selfie sticks, are expected to offer lucrative growth opportunities shortly. However, the imposition of tariffs on imports and exports among leading manufacturing countries resulted in significant changes in the global technological landscape. Future market uncertainty restricts companies from investing and reduces the pace of development.
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.
By Product Type
Portable Speakers is projected as the most lucrative segment.
Segment Overview
The global mobile phone accessories market trends are analyzed based on various segments including product type, distribution channel, price range, and region. By product type, the market is divided into batteries, headphones/earphones, portable speakers, chargers, memory cards, power banks, battery cases, protective cases, screen guards, pop sockets, and others (USB cables and selfie sticks). 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, 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 their adoption as a utility, used for day-to-day tasks such as alarms, 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 to the market. As a result, smartphones have found replacements for laptops, cameras, wristwatches, and other electronics up to a considerable level. Moreover, features such as handsfree and others generate the need for headsets and earphones and 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 smartphones fuels the growth of the mobile phone accessories market as well.
By Price Range
Premium accessories will dominant the market in 2026.
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 electronic devices. This promotes the use of wireless mobile accessories such as smart wearables, 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 a series of Echo Show 5 display speakers with the integration of AI called Alexa. Moreover, the rise in the adoption of health-monitoring smart wearables such as fitness bands, fosters the growth of the mobile phone accessories market.
Adverse effects 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 damage, which limits the market growth.
Technological advancements in imaging and photographic accessories
The increase in verticals 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 printers, 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 for photo and imaging mobile accessories.
By Region
Asia-Pacific region would exhibit the highest CAGR of 3.6% during 2019-2026
Key Benefits for Stakeholders:
- This study comprises an 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 analyzed from 2012 to 2025 to benchmark 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
| Aspects | Details |
 By Product Type |
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 By Distribution Channel |
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 By Price Range |
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 By Region |
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 Key Market Players | BOSE CORPORATION, ENERGIZER HOLDINGS, INC, SAMSUNG ELECTRONICS CO. LTD, PLANTRONICS, INC, PANASONIC CORPORATION, APPLE INC, BYD COMPANY LTD, JVCKENWOOD CORPORATION, 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. |
Analyst Review
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.
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.
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