Mobile Accessories Market Share

  • Report ID: 75
  • Published Date: May 03, 2024
  • Report Format: PDF, PPT

Mobile Accessories Market Share

APAC Market Forecasts

The mobile accessories market in the Asia Pacific region is expected to hold the largest revenue share of 36% till 2036. In emerging countries, rising disposable incomes and increasing young populations seeking aesthetic value in their devices will likely contribute to the market in the region. There is a large population base for mobile accessories at the higher and lower levels, as well as an increased level of customizability in southern Asia. Competition is fierce given the fact that there are many unorganized, medium-sized operators and catering companies in tier II- III cities that cater to a growing young population. The main drivers of market growth in this region are the increasing use of various types of accessories, innovation at low cost, and China's leading position in the cell phone sector. Imports of mobile accessories from China amounted to 1.2 million, imported by 4,086 Indian importers and 3,566 Chinese suppliers in accordance with the applicable import data.

The region's varied customer tastes open up possibilities for a broad range of accessories that are backed by ongoing technical developments. Easy access to items is made possible by the expanding e-commerce market, and consumers are encouraged to spend on improving their smartphone experience. The Asian-Pacific market is experiencing a surge in demand for innovative accessories due to factors such as a considerable youth population and a passion for mobile gaming and entertainment. The Gen Z-focused brand NOPE launched its first range of smart devices and mobile accessories in India with the assistance of over 370 distributors and 15 brand partners. NOPE debuted a broad array of goods targeted at young, enthusiastic music lovers.

North American Market Statistics

The mobile accessories market in the North America region is set to grow significantly with a share of 27 % during the time period between 2024-2036. The region has seen significant growth because of the presence of high-end mobile phone manufacturers such as Apple, Moto, and Samsung. They have also introduced a range of mobile phone accessories to address compatibility issues and provide better quality for their users. To improve user experience, Apple has created an ecosystem for mobile phones. This ecosystem also includes a leather MagSafe pocket, AirPods, chargers, power cords, protection cases and other accessories.

Research Nester
Mobile Accessories Market size
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Author Credits:  Abhishek Verma

  • Report ID: 75
  • Published Date: May 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing integration of smartphones and growing use of wireless products are some of the major factors poised to drive the growth of the mobile accessories market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2024-2036.

The major players in the market are of Anket Innovations, Samsung, Apple Inc., Google, SanDisk, Google LLC, and others.

The offline segment is predicted to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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