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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 7.6% 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.
The magnetic mounts market recorded a CAGR of 8% and is expected to reach USD 3.8 billion by 2032 due to their user-friendly design and quick-release features, particularly in automotive settings.
Key players in the industry include Arkon Mounts, National Products Inc. (RAM
U.S. mount market is projected to reach USD 800 million by 2032, supported by a robust manufacturing base and significant investment in research and development.
The global mount industry was valued at USD 3.2 billion in 2023 and is estimated to grow at a 7.6% CAGR from 2024 to 2032, driven by the proliferation of smartphones and camera usage.