Global Mobile Accessories Market is projected to reach USD 310.7 billion by 2030, at a CAGR of 8.30% during the forecast period 2022-2030.

Market Research Future Insights:

Mobile Accessories Market to Reach USD 310.7 Billion by 2030

The global mobile accessories market is expected to witness significant growth in the coming years, according to a new report by Market Research Future (MRFR). The report states that the market is expected to reach a valuation of USD 310.7 billion by 2030, growing at a CAGR of 8.30% during the forecast period (2022-2030).

The increasing adoption of smartphones and tablets, coupled with the growing demand for mobile accessories, is driving the growth of the market. Moreover, the increasing demand for wireless and portable mobile accessories is also expected to drive the growth of the market.

Key Players:

Some of the key players operating in the global mobile accessories market include

• Samsung Electronics Co. Ltd.
• Apple Inc.
• Sony Corporation
• Panasonic Corporation
• LG Electronics Inc.

Samsung Electronics Co. Ltd. is a leading provider of mobile accessories for smartphones and tablets. The company has a strong presence in the Asia-Pacific market and is focusing on expanding its operations in other regions.

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Market Segmentation:

The global mobile accessories market has been segmented on the basis of product type, distribution channel, price range, and region.

Based on product type, the market has been segmented into protective cases, headphones & earphones, chargers & power banks, batteries, portable speakers, memory cards, and others. The protective cases segment is expected to dominate the market during the forecast period, owing to the increasing demand for protective cases among smartphone users.

Based on distribution channel, the market has been segmented into online and offline. The online segment is expected to dominate the market during the forecast period, owing to the increasing adoption of e-commerce platforms among consumers.

Based on price range, the market has been segmented into premium, mid, and low. The mid-range segment is expected to dominate the market during the forecast period, owing to the increasing demand for affordable mobile accessories among consumers.

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Regional Analysis:

The global mobile accessories market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to dominate the market during the forecast period, owing to the increasing adoption of smartphones and tablets in the region. Moreover, the growing middle-class population in the region is also expected to drive the growth of the market.

North America is expected to witness significant growth during the forecast period, owing to the increasing demand for wireless and portable mobile accessories in the region. Moreover, the presence of a large number of mobile accessories manufacturers in the region is also expected to drive the growth of the market.

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Industry Trends:

The global mobile accessories market is highly competitive, with a large number of players operating in the market. Some of the key players in the market include Samsung Electronics Co. Ltd., Apple Inc., Sony Corporation, Panasonic Corporation, and LG Electronics Inc.

The market is witnessing the entry of new players, owing to the increasing demand for mobile accessories among consumers. Moreover, the increasing adoption of wireless and portable mobile accessories is expected to drive the growth of the market in the coming years.

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