Mobile phone accessories comprise any hardware or software not integral to the operation of a mobile phone as designed by the manufacturer. They include portable chargers, car mounts, selfie sticks, camera lens attachments, headphones, Bluetooth accessories, gaming controllers, power banks, and cases and covers. At present, there is an increase in the reliance on smartphones for communication and entertainment purposes, which is catalyzing the demand for mobile phone accessories across the globe.
The study “Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027” has been added to ResearchAndMarkets.com’s portfolio. In 2021, the worldwide mobile phone accessories market is expected to be worth US$ 80.44 billion. Looking ahead, the market is expected to be worth US$ 116.39 billion by 2027, with a CAGR of 6.10 percent from 2022 to 2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
The rising popularity of mobile photography represents one of the key factors stimulating the growth of the market. Moreover, there is an increase in the sales of headphones and earphones on account of the 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.
Furthermore, rising technological advancements, including the implementation of noise-canceling technology, are fueling market growth. Besides this, consumers are increasingly purchasing screen protectors, which help reduce glare, enhance privacy, resist fingerprints, repel dirt, and protect against ultraviolet (UV) damage. In addition, they safeguard the screen from scratches and damage that can be caused by accidentally dropping the mobile phone.