Technavio has been monitoring the mobile phone accessories market and it is poised to grow by USD 20.99 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Mobile Phone Accessories Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
What was the value of the mobile phone accessories market in 2019?
Technavio says that the value of the market was at USD 102.53 billion in 2019 and it is projected to reach USD 123.52 billion by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of almost 4%, the market growth will accelerate during the forecast period.
What is the key factor driving the market?
Demand for low-priced smartphones is one of the key factors driving the market growth.
Who are the top players in the market?
Apple Inc., Bose Corp., BYD Co. Ltd., Foxconn Electronics Inc., Incipio LLC, Logitech International SA, Panasonic Corp., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, and Sony Corp. are some of the major market participants.
Which region is expected to hold the highest market share?
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 3.10%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Apple Inc., Bose Corp., BYD Co. Ltd., Foxconn Electronics Inc., Incipio LLC, Logitech International SA, Panasonic Corp., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, and Sony Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for low-priced smartphones has been instrumental in driving the growth of the market.
Mobile Phone Accessories Market 2020-2024: Segmentation
Mobile Phone Accessories Market is segmented as below:
Headphones And Earphones
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Mobile Phone Accessories Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mobile phone accessories market report covers the following areas:
Mobile Phone Accessories Market size
Mobile Phone Accessories Market trends
Mobile Phone Accessories Market analysis
This study identifies the integration of advanced functionalities in smartphones as one of the prime reasons driving the mobile phone accessories market growth during the next few years.
Mobile Phone Accessories Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the mobile phone accessories market, including some of the vendors such as Apple Inc., Bose Corp., BYD Co. Ltd., Foxconn Electronics Inc., Incipio LLC, Logitech International SA, Panasonic Corp., Samsung Electronics Co. Ltd., Sennheiser electronic GmbH & Co. KG, and Sony Corp. Backed with competitive intelligence and benchmarking, our research reports on the mobile phone accessories market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Mobile Phone Accessories Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist mobile phone accessories market growth during the next five years
Estimation of the mobile phone accessories market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the mobile phone accessories market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of mobile phone accessories market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Protective cases - Market size and forecast 2019-2024
Screen protectors - Market size and forecast 2019-2024
Headphones and earphones - Market size and forecast 2019-2024
Wired Chargers - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Product
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
BYD Co. Ltd.
Foxconn Electronics Inc.
Logitech International SA
Samsung Electronics Co. Ltd.
Sennheiser electronic GmbH & Co. KG
Scope of the report
Currency conversion rates for US$
List of abbreviations
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