China Mobile Accessories Market Size & Outlook, 2021-2030
China mobile accessories market, 2017-2030 (US$M)
Related Markets
China mobile accessories market highlights
- The China mobile accessories market generated a revenue of USD 21.0 million in 2021 and is expected to reach USD 40.2 million by 2030.
- The China market is expected to grow at a CAGR of 7.5% 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.
Mobile accessories market data book summary
| Market revenue in 2021 | USD 21.0 million |
| Market revenue in 2030 | USD 40.2 million |
| Growth rate | 7.5% (CAGR from 2021 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, China accounted for 25.5% of the global mobile accessories market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mobile accessories market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8.5 million by 2030.
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Mobile Accessories Market Scope
Mobile Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 68.1% in 2021. Horizon Databook has segmented the China mobile accessories market based on online, offline covering the revenue growth of each sub-segment from 2017 to 2030.
The country's smartphone adoption rate was above 77% in 2021, according to the GSM Association, and is predicted to rise to 89% by 2025. The nation's mobile subscriber penetration rate was above 83% as of 2021, and it is anticipated that it would reach 85% by 2025.
During the forecast period, increased disposable income and changes in lifestyle are anticipated to drive the Chinese market for mobile accessories. As of 2021, the country had more than 33 million additional mobile customers.
One of the major factors supporting the increase in demand for mobile accessories in China is increased mobile adoption in the country. According to Chinadaily.com, 92% of Chinese aged 18 to 30 own smartphones. Moreover, the market is believed to grow significantly during the forecast period.
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Target buyers of China 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 country-level data and insights on the China mobile accessories market , including forecasts for subscribers. This country databook contains high-level insights into China mobile accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China mobile accessories market size, by distribution channel, 2017-2030 (US$M)
China Mobile Accessories Market Outlook Share, 2021 & 2030 (US$M)
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