DUBLIN--(BUSINESS WIRE )--The "Mobile Phone Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global mobile phone accessories market reached a value of US$ 80.44 billion in 2021. Looking forward, the market is projected to reach a value of US$ 116.39 billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027.
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.
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 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.
Apart from this, as batteries have a limited life span, customers are purchasing power banks to improve the performance of their mobile phones. Smart wearable watches, such as fitness bands, can monitor calories burnt and track the heart rate, blood pressure, and body temperature of the user. This, coupled with the increasing adoption of virtual reality (VR) headsets in the healthcare industry, which enable healthcare professionals and patients to interact with simulated environments, is driving the market.
Key Questions Answered in This Report
5 Global Mobile Phone Accessories Market
6 Market Breakup by Product Type
7 Market Breakup by Price Range
8 Market Breakup by Distribution Channel
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900