About Mobile Accessories
The Mobile Accessories are hardware and software components that integral for operation. Mobile Accessories market is expected to mark significant growth over forecasted period due to owing increasing adoption of smartphones and other handheld mobile devices, providing wireless accessories, noise cancelling technology applications and technological advancement. This result in rising popularity of social networking platforms, increasing demand of portable devices, escalating need for high-speed cellular networks and growing popularity of mobile accessories may trigger demand and help in industry expansion.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Mobile Accessories market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (United States), JVC Kenwood Corp. (Japan), Plantronics, Inc. (United States), Bose Corporation (United States), Griffin Technology (United States), Sennheiser Electronics GmbH & Co. KG (Germany) and Incipio (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Belkin International, Inc. (United States), Anker Innovations Limited (China) and Energizer Holdings, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Accessories market by Type (Headphone, Protective Cases, Power Bank, Portable Speaker, Earphone/Headphone, Memory Card and Others) and Region.
On the basis of geography, the market of Mobile Accessories has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Mobile Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range, the sub-segment i.e. Premium will boost the Mobile Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Wireless will boost the Mobile Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Collaboration and Tie Up Of Leading Players and Growing demand of wireless technology based mobile accessories
Market Growth Drivers:
Increase Urbanization and Digitalization Boost the Mobile Accessories Market. and Rapid Adoption of E-Commerce and E-Banking Fuelled Up the Mobile Accessories Market.
Challenges:
Limitation On The High Volume Of Headphones Are Anticipated The Challenge The Market.
Restraints:
Stiff Competition among the Major Players Hampers the Mobile Accessories Market. and Medium Ranges Products Are More Preferred Than the High Range of Products in Mobile Accessories Market.
Opportunities:
Proliferation Of Smartphones And Other Handheld Mobile Devices Leads To Grow The Mobile Accessories Market. and Upsurge Demand of Strong Distribution Network.
Market Leaders and their expansionary development strategies
In August 2023, Samsung Collaborates With Emerging Young Artists To Create Unique ‘Galaxy Z’. This new collaborations with the Korean artists Haydonna, Yeseul O, and Lee Eun have resulted in stylish cases for the Galaxy Z Fold5 and Galaxy Z Flip5
In March 2023, NOPE has launched an extensive product portfolio, targeting young and vibrant audiophiles. This includes neckbands, TWS earbuds (Echo, Neo, Buddy, and Shots), and Bluetooth Speakers (‘Boom’ and ‘Buzz’).
Key Target Audience
Mobile Accessories Manufacturers, Mobile Accessories Traders, End-Use Market Participants of Different Segments of Mobile Accessories, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.