Driving Mobile Accessories Market Growth in 2025: The Role of Smartphone Proliferation Fuels Surge In Mobile Accessories Market

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Mobile Accessories Market Size Growth Forecast: What to Expect by 2025?
There has been a robust increase in the size of the mobile accessories market in the past few years. In 2024, it stands at $252.92 billion and is expected to escalate to $273.07 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. The historic period's growth is credited to the widespread use of smartphones, trends in fashion and personalization, expansion of e-commerce, concerns regarding the durability of mobile devices, and the integration of various functions.

How Will the Mobile Accessories Market Size Evolve and Grow by 2029?
Expect a robust increase in the size of the mobile accessories market in the coming years. The market is predicted to expand to $352.3 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.6%. The projected growth during this period can be traced back to the surge in gaming accessories, integration of augmented reality (AR) and virtual reality (VR), concentration on sustainable and eco-friendly accessories, health and fitness tracking accessories, and enhancements in smartphone camera. Leading trends influencing this growth trajectory include swift product innovation, the assimilation of 5G technology, the emergence of wireless technology, technological progress, and wireless charging technology.

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What Drivers Are Propelling the Growth of Mobile Accessories Market Forward?
The escalating smartphone demand is predicted to fuel the mobile accessories market's expansion in the future. Smartphones are handheld devices combining mobile phone and personal computing services under one roof. Mobile accessories amplify the functionality and user engagement of smartphones, offering additional features, protection, and customization choices. For instance, Uswitch Limited, a UK-based financial conduct authority, reported in November 2023 that there had been 71.8 million mobile connections in the UK since the start of 2022. This indicated a 3.8% growth, roughly translating to 2.6 million connections, as compared to 2021. It's predicted that by 2025, the UK's population could reach 68.3 million, with an estimated 95% (about 65 million people) having smartphones. Consequently, the surging demand for smartphones promotes the mobile accessories market's expansion. The anticipated expansion of the mobile accessories market in the future is also driven by the burgeoning e-commerce industry. E-commerce, also known as electronic commerce, involves online transactions and trading of commodities and services across electronic networks. E-commerce platforms offer a colossal range of mobile accessories from various manufacturers and retailers, frequently at competitive rates. This allows the consumer to compare and shop conveniently from their homes. For example, the Boston Consulting Group Inc., a US-based management consulting firm, reported in October 2023 that Europe saw a 3% rise in e-commerce sales while the US and Asia recorded a 7% increase in 2022. The global annual e-commerce growth is predicted to surge by 9% by 2027. Therefore, the blossoming e-commerce industry will catalyze the growth of the mobile accessories market.

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Which Emerging Trends Are Transforming the Mobile Accessories Market in 2025?
Top businesses in the mobile accessories market are shifting their strategies towards the production of environmentally friendly mobile accessories to establish a competitive superiority. These types of accessories concentrate on ecological preservation, manifested in their use of sustainable materials and processes that have little environmental damage. An exemplification of this trend took place in August 2023, when Samsung Electronics Co. Ltd., from South Korea, unveiled its Samsung Eco-Friends range, known for its eco-awareness attributes and distinctive styles. These accessories, crafted from recycled materials, are compatible with a wide variety of Samsung devices, such as the Galaxy Z Flip5, Z Fold5, Tab S9, Watch6, Buds2 Pro, and Freestyle portable projector. Moreover, the lineup exhibits engaging characters and designs, featuring partnerships with renowned brands and artists like TOILETPAPER, Keith Haring, Disney, Marvel, among others.

What Are the Key Segments in the Mobile Accessories Market?
The mobile accessories market covered in this report is segmented -

1) By Type: Earphones Or Headphones, Charger, Power Bank, Protective Cases, Other Types
2) By Price Range Outlook: Premium, Medium, Low
3) By Sector: Residential, Commercial, Industrial, Retail, Hospitality, Health Care
4) By Distribution Channel: Online, Offline

Subsegments:
1) By Earphones or Headphones: Wired Earphones Or Headphones, Wireless Earphones Or Headphones, Noise-Cancelling Earphones OrHeadphones, Bluetooth Earphones Or Headphones
2) By Charger: Wired Chargers, Wireless Chargers, Fast Chargers, Car Chargers
3) By Power Bank: Portable Power Banks, Solar Power Banks, High-Capacity Power Banks, Compact Power Banks
4) By Protective Cases: Hard Cases, Soft Cases, Wallet Cases, Battery Cases, Waterproof Cases
5) By Other Types: Screen Protectors, Stylus Pens, Mobile Stands And Holders, Bluetooth Speakers, PopSockets And Grips

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Who Are the Key Players Shaping the Mobile Accessories Market's Competitive Landscape?
Major companies operating in the mobile accessories market report are Apple Inc., Google LLC, Samsung Electronics Co.Ltd., Huawei Technologies Co. Ltd., Sony corporation, Panasonic corporation, JBL, Western Digital Corporation, ASUSTeK Computer Inc., Emerson Electric Co, Signify Holding, Harman International, Logitech International S.A, Bose corporation, Anker Innovations Co. Ltd., Plantronics Inc., Sennheiser Electronics GMBH & Co. KG, Belkin International Inc., Skullcandy, HTC Corporation, Aukey, PopSockets, Incipio Group, Kenwood corp., X-Doria, Groovemade, Spigen Inc., OtterBox, TCL Communication, UE Boom

What Geographic Markets Are Powering Growth in the Mobile Accessories Market?
North America was the largest region in the mobile accessories market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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