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The mobile accessories industry is gaining popularity in demand for health and wellness accessories. Accessories like smartwatches and fitness bands are perceived like an essential accessory under mobile accessories category. These accessories give consumers an insight about their overall health factors such as sleeping tack time, heart rate and various other for fitness enthusiasts’ consumers.
Furthermore, rapidly growing technologies is increasing preference for wireless connectivity such as wireless charging and headphones. Consumers are looking to have wire free devices. For instance, In May 2019 Samsung introduced new wireless power banks and charging pads for their consumers to have a truly wireless experience. The growing popularity and ease of use is driving the demand for wireless accessories for the market.
The protective cases segment in the mobile accessories market recorded USD 25.57 billion in 2023 and is expected to reach USD 40.6 billion by 2032 as they are designed to provide safety and protection to the smartphones.
Asia pacific industry generated USD 38.38 billion in 2023 and is expected to reach USD 70.62 billion by 2032 due to the presence of manufacturing hubs in China, Taiwan, and south Korea.
The market size for mobile accessories was valued at USD 84.70 billion in 2023 and is estimated to grow at 7% CAGR during 2024-2032 due to the increasing number of smartphone users worldwide.
Anket Power Core, Apple Inc., Aukey, Belkin International Inc., Bose Corporation, Google, Groove Made Walnut, Harman International Industries, Incipio LLC, and Logitech International S.A. among others.