The study “Global Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2022-2027” has been added to the ResearchAndMarkets.com portfolio. In 2021, the global market for mobile phone accessories is expected to be worth US$80.44 billion. Going forward, the market is expected to be worth US$116.39 billion by 2027, growing at a CAGR of 6.10% from 2022 to 2027. Keeping in mind the uncertainties of COVID-19, the analyst follows and continuously assesses the direct effects and indirect influence of the pandemic. This information is included in the report as a major market contributor.
The growing popularity of mobile photography represents one of the key factors driving the growth of the market. Additionally, sales of headphones and earphones are increasing due to growing consumer preference for music on the go. Wireless headphones and earphones are replacing their wired counterparts as they offer portability, hands-free use, and better compatibility with modern devices.
Mobile phone accessories include any hardware or software not integrated into the operation of a mobile phone as designed by the manufacturer. They include portable chargers, car mounts, selfie sticks, camera lens accessories, headphones, Bluetooth accessories, game controllers, power banks, cases and covers. Currently, there is an increase in the use of smartphones for communication and entertainment purposes, which is catalyzing the demand for mobile phone accessories across the globe.
Additionally, increasing technological advancements including the implementation of noise cancellation technology are fueling the growth of the market. Additionally, consumers are increasingly buying screen protectors, which help reduce glare, improve privacy, resist fingerprints, repel dirt, and protect against ultraviolet damage ( UV). In addition, they protect the screen from scratches and damage that may be caused by accidentally dropping the mobile phone.
Summary of news:
- Insights into the global mobile phone accessories market to 2027, by product type, price range, distribution channel and region
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