Saudi Arabia Mobile Accessories Market Size & Outlook
Saudi Arabia mobile accessories market, 2017-2030 (US$M)
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Saudi Arabia mobile accessories market highlights
- The Saudi Arabia mobile accessories market generated a revenue of USD 0.7 million in 2021 and is expected to reach USD 1.2 million by 2030.
- The Saudi Arabia 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.
Mobile accessories market data book summary
| Market revenue in 2021 | USD 0.7 million |
| Market revenue in 2030 | USD 1.2 million |
| Growth rate | 6.8% (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, Saudi Arabia accounted for 0.8% 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 Middle East & Africa, Saudi Arabia mobile accessories market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1.2 million by 2030.
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Mobile Accessories Market Scope
Mobile Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 71.43% in 2021. Horizon Databook has segmented the Saudi Arabia mobile accessories market based on online, offline covering the revenue growth of each sub-segment from 2017 to 2030.
Saudi Arabia has witnessed a significant rise in smartphone adoption. 80.7% of Saudi Arabia's population used a smartphone in 2019. Furthermore, there were 39.53 million mobile connections in Saudi Arabia in February 2021, as stated in the 2021 digital report for Saudi Arabia by Data Report.
Between 2020 and 2021, Saudi Arabia gained 1.3 million (+4.2%) more internet users. The increasing sales of smartphones in the country are expected to create significant demand for mobile accessories such as earphones/headphones, protective cases, and chargers during the forecast period.
With numerous headphone manufacturers entering the market, the headphone category is expected to become even more competitive in the coming years. Prices are anticipated to continue declining because to the number of competitors, particularly for TWS and wireless headbands.
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Our clientele includes a mix of mobile accessories market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia mobile accessories market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mobile accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia mobile accessories market size, by distribution channel, 2017-2030 (US$M)
Saudi Arabia Mobile Accessories Market Outlook Share, 2021 & 2030 (US$M)
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