Asia Pacific Mobile Accessories Market Size & Outlook
Asia Pacific mobile accessories market, 2017-2030 (US$M)
Related Markets
Asia Pacific mobile accessories market highlights
- The Asia Pacific mobile accessories market generated a revenue of USD 38.0 million in 2021.
- The market is expected to grow at a CAGR of 7.4% from 2022 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2021.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 38.0 million |
| Market revenue in 2030 | USD 72.4 million |
| Growth rate | 7.4% (CAGR from 2021 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Belkin International, Harman International, Samsung Electronics Co Ltd, Apple Inc, Alphabet Inc Class A, Western Digital Corp, AUKEY |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 46.2% of the global mobile accessories market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 72.4 million by 2030.
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Mobile Accessories Market Scope
Mobile Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific mobile accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mobile accessories market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 68.95% in 2021. Horizon Databook has segmented the Asia Pacific mobile accessories market based on online, offline covering the revenue growth of each sub-segment from 2017 to 2030.
The market for mobile accessories in the Asia-Pacific region has gained momentum from rising consumer spending power, enhanced living standards, and quick economic growth. The GSM Association estimates that 5.3 billion people, or 67% of the world's population, will have mobile service subscriptions by the end of 2021.
The number of mobile subscribers will increase by 400 million by 2025, with the majority coming from Sub-Saharan Africa and Asia Pacific, adding the total to 5.7 billion (or 70% of the world's population). Additionally, the region's market has been booming due to increasing smartphone adoption.
According to the GSM Association, the region had a smartphone adoption rate of more than 74% as of 2021, which is expected to reach 84% by 2025. Increasing smartphone sales in the region would fuel the demand for mobile accessories such as earphones/headphones, chargers, and protective cases.
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Target buyers of Asia Pacific mobile accessories market databook
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Our clientele includes a mix of mobile accessories market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mobile accessories market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mobile accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mobile accessories market size, by country, 2017-2030 (US$M)
Asia Pacific Mobile Accessories Market Outlook Share, 2021 & 2030 (US$M)
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