Europe Mobile Accessories Market Size & Outlook, 2021-2030
Europe mobile accessories market, 2017-2030 (US$M)
Related Markets
Europe mobile accessories market highlights
- The Europe mobile accessories market generated a revenue of USD 17.3 million in 2021.
- The market is expected to grow at a CAGR of 6.8% 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, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 17.3 million |
| Market revenue in 2030 | USD 31.4 million |
| Growth rate | 6.8% (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, Europe region accounted for 21.1% 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 |
|---|
Europe 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 68.21% in 2021. Horizon Databook has segmented the Europe mobile accessories market based on online, offline covering the revenue growth of each sub-segment from 2017 to 2030.
The Mobile Economy 2022 report by Groupe Speciale Mobile Association predicts that mobile phone penetration will increase in Europe from 86 to 87 percent over the next several years. Furthermore, smartphone adoption in Europe will rise from 79% in 2021 to 83% by 2025.
Additionally, the deployment of 5G is increasing in Europe, which is anticipated to significantly accelerate new 5G smartphone sales in the region over the next several years. During the forecast period, increasing smartphone sales in the region would fuel demand for mobile accessories such as earphones/headphones, chargers, and protective cases.
Additionally, the presence of a robust distribution network, including multi-brand stores and online retailers of mobile phones and accessories, along with the decline in the selling price of smartphones and accessories, are anticipated to expedite the growth of the mobile accessories market during the forecast period.
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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 Europe mobile accessories market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mobile accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe mobile accessories market size, by country, 2017-2030 (US$M)
Europe Mobile Accessories Market Outlook Share, 2021 & 2030 (US$M)
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