Market revenue in 2021 | USD 2.6 million |
Market revenue in 2030 | USD 5.0 million |
Growth rate | 7.3% (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 |
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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 69.23% in 2021. Horizon Databook has segmented the UK mobile accessories market based on online, offline covering the revenue growth of each sub-segment from 2017 to 2030.
The United Kingdom has the second-highest smartphone penetration rate in the world, according to CyberCrew, at 78.9%. Additionally, 87% of U.K. adults owned smartphones in 2020, and nearly all members of Generation Z used mobile phones.
Furthermore, every year, the number of people 55 and older using cell phones is increasing. In 2016, 42% of people in this age range used smartphones; in 2018, that percentage rose to 50%. The percentage of smartphone users 55 and older increased to 83% in 2021.
Sales of mobile accessories are anticipated to rise in the country over the forecast period as Gen Z and baby boomers are buying more smartphones. According to a report published by Green Alliance in 2021, electronic gadget enthusiasts constitute around 30% of the population in the U.K.
Horizon Databook provides a detailed overview of country-level data and insights on the UK mobile accessories market , including forecasts for subscribers. This country databook contains high-level insights into UK mobile accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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