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The global mount market size was valued at USD 3.2 Billion in 2023 and is estimated to grow at a CAGR of over 7.67% from 2024 to 2032. The market is experiencing significant growth due to the proliferation of smartphones and camera usage. With smartphones becoming a staple in daily life, their use for photography, video recording, and social media has surged. Consequently, this trend has spurred a heightened demand for phone mounts, catering to diverse usability needs across different environments.
Consumers seek mounts that adapt to various scenarios such as bike mounts for outdoor adventures, a tripod for photography, or a car mount for navigation. This adaptability appeals to a broad spectrum of users, from casual hobbyists to professional content creators. With the rise of live streaming and vlogging, there's an increased demand for mounts that ensure stable support for smartphones and cameras, facilitating better audience engagement. This expanding market has fueled innovation, resulting in the creation of advanced and user-friendly mounts. Examples include gimbals, versatile tripods, and multi-functional attachments designed to meet diverse requirements.
Report Attribute | Details |
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Base Year: | 2023 |
Mount Market Size in 2023: | USD 3.2 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 7.6% |
2024 – 2032 Value Projection: | USD 6.1 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Type, By Material, By Usage, By Adjustability, By Capability, By Price Range, By Usage-application, By End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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