What will be the size of North America mobile phone accessories Market in 2030?

According to the Next Move Strategy Consulting, the size of North America mobile phone accessories market is estimated to be at USD 72.55 billion in 2030.

What challenges are related to the mobile phone accessories industry?

The challenges that mobile phone accessories face numerous challenges such as market saturation, intense competition, and compatibility challenges.

What is the size of North America mobile phone accessories market in 2023?

According to the Next Move Strategy Consulting, the size of North America mobile phone accessories market is estimated at USD 59.17 billion in 2023.

What are the future opportunities of North America mobile phone accessories market?

The future opportunities for mobile phone accessories are integration of augmented reality (AR) in accessories along with introduction of sustainable solutions in phone accessories.

North America Mobile Phone Accessories Market

Q: What are the key players operating in North America mobile phone accessories market?

The key market players operating in North America mobile phone accessories market are Samsung Electronics, Apple Inc., Bose Corporation, Sony Corporation, Xiaomi Corporation, Google, Skullcandy, Amazon.com, Huawei Technologies Co. Ltd., Imagine Marketing Ltd, and others.

Market Definition

The North America Mobile Phone Accessories Market size was valued at USD 59.17 billion in 2023, and is predicted to reach USD 72.55 billion by 2030, at a CAGR of 2.4% from 2024 to 2030. Also, the North America mobile phone accessories market size was 1344.8 million units in 2023, and is predicted to reach 1921.2 million units by 2030, with a CAGR of 4.6% from 2024 to 2030. The mobile phone accessories market represents a dynamic sector encompassing the design, manufacturing, installation, and maintenance of mobile phone accessories systems.

From conventional traction mobile phone accessories to cutting-edge smart solutions, this market offers a diverse array of vertical transportation choices customized to suit the distinct requirements of various buildings and infrastructure projects. Stakeholders within the mobile phone accessories market include manufacturers, suppliers, contractors, architects, building owners, and facility managers. Manufacturers continuously innovate to enhance mobile phone accessories performance, safety, and sustainability, while suppliers provide critical components and materials necessary for system construction.

Additionally, sustainability considerations, including energy efficiency and material recyclability, are increasingly integral to mobile phone accessories design and operation. They align with broader environmental objectives and sustainable building practices. Thus, the mobile phone accessories market is a cornerstone of vertical mobility as mobile phone accessories enhance functionality, accessibility, and sustainability within buildings and urban landscapes worldwide.

Surging Technological Advancements Fuels the Growth of the Market

Rising technological progress in North America plays a crucial role in propelling innovation and shaping consumer expectations within the mobile phone accessories market. With smartphone manufacturers continuously pushing technological boundaries, accessory makers must match their pace, introducing complementary products that enhance the functionality and convenience of mobile devices.

For example, the emergence of wireless charging and fast-charging technologies has sparked demand for compatible accessories such as wireless charging pads and rapid-charging cables. Likewise, advancements in materials science have facilitated the creation of durable and scratch-resistant materials for cases and screen protectors, delivering enhanced protection without compromising aesthetics.

Additionally, the incorporation of intelligent features like Bluetooth connectivity and app integration into accessories like headphones and fitness trackers underscores the evolving synergy between mobile devices and their accompanying add-ons. By harnessing these technological advancements, companies operating in the North American mobile phone accessories market can maintain a competitive edge, offering state-of-the-art products that cater to the needs of consumers seeking both performance and convenience.

Growing Gaming and Entertainment Industry Within the Region Fuels the Market Growth

The growing gaming and entertainment industry within the region propels the growth of the market. With more consumers immersing themselves in gaming and multimedia activities on their smartphones, there's a rising demand for accessories tailored to enrich these experiences. Products like gaming controllers, virtual reality (VR) headsets, and high-fidelity headphones optimized for immersive audio are witnessing heightened interest and sales. Mobile gaming, particularly, has become a mainstream entertainment choice, fuelled by advancements in smartphone technology and the abundance of gaming apps. Gamers are increasingly seeking accessories that offer them a competitive edge and a more immersive gaming experience. Dedicated gaming controllers designed specifically for smartphones provide enhanced control and precision, elevating gameplay for enthusiasts. Similarly, the demand for VR headsets compatible with smartphones is growing, allowing users to enjoy immersive virtual reality experiences directly from their mobile devices.

These accessories transport users to virtual worlds for gaming, interactive storytelling, or virtual tours, thereby enhancing the overall entertainment value of smartphones. Additionally, as multimedia consumption on smartphones continues to rise, consumers are investing in premium headphones and audio accessories to enhance their audiovisual experiences. Headphones equipped with advanced sound technologies deliver superior audio performance, making them ideal companions for watching movies, listening to music, or gaming on smartphones. In response to these evolving consumer preferences, manufacturers in the mobile phone accessories market are innovating and introducing a wide range of gaming and multimedia-focused accessories. These innovations not only cater to the growing demands of gamers and multimedia enthusiasts but also contribute to the overall expansion and diversification of the mobile phone accessories industry.

Compatibility Challenges and Fragmentation in the Phone Accessories Market Hinder the Market Growth

The wide range of smartphone models and brands, each boasting distinct designs, sizes, and specifications, presents a notable hurdle for phone accessory manufacturers. Ensuring compatibility across this diverse spectrum of devices demands ongoing investments in research, development, and meticulous testing procedures. Furthermore, the swift pace of technological progress and frequent updates to smartphone models compound the challenge of product fragmentation, complicating efforts for companies to align their accessory offerings with the latest device releases. This compatibility concern may restrict the market reach of specific accessories and introduce intricacies in managing inventory and distribution channels.

Integration of Augmented Reality (AR) in Accessories Creates Future Opportunities for the Market

With the rising prevalence of augmented reality (AR) technology in mobile devices, there emerges a promising opportunity for accessories that seamlessly integrate with AR capabilities. This encompasses AR-enabled phone cases featuring built-in sensors or projectors, thereby enhancing users' interactions with virtual objects. Additionally, there's potential for AR-enhanced headsets or glasses that synchronize with mobile phones, providing immersive gaming, navigation, or educational experiences. Manufacturers leading the way in this area can capitalize on the increasing demand for AR technology by offering accessories that unlock new levels of functionality and experience for mobile devices.

The U.S Holds the Dominant Market Share in North America Mobile Phone Accessories Market

The increasing popularity of mobile gaming and multimedia consumption drives growth in the mobile phone accessories market in the U.S. As more consumers immerse themselves in gaming and multimedia activities on their smartphones, there is a rising demand for accessories that enhance these experiences. Products like gaming controllers, virtual reality (VR) headsets, and high-fidelity headphones designed for immersive audio are gaining traction and experiencing heightened sales. Mobile gaming, especially, has become a mainstream entertainment choice, fuelled by advancements in smartphone technology and the availability of diverse gaming apps. Gamers are increasingly seeking accessories that offer better control and precision, enhancing their gaming experience. Similarly, the demand for VR headsets compatible with smartphones is increasing, allowing users to delve into immersive virtual reality experiences directly from their mobile devices.

These accessories transport users to virtual worlds for gaming, interactive storytelling, or virtual tours, amplifying the overall entertainment value of smartphones. Moreover, as multimedia consumption on smartphones continues to rise, consumers are investing in high-quality headphones and audio accessories to enhance their audiovisual experiences. Headphones equipped with advanced sound technologies deliver superior audio performance, making them ideal for watching movies, listening to music, or gaming on smartphones. In response to these evolving consumer preferences, manufacturers in the mobile phone accessories market are innovating and introducing a diverse range of gaming and multimedia-focused accessories. These innovations meet the growing demands of gamers and multimedia enthusiasts, while also contributing to the overall expansion and diversification of the mobile phone accessories industry.

Mexico to Witness Substantial Growth in the North America mobile phone accessories Market

Growing technological advancements in Mexico play a crucial role in driving innovation and shaping consumer expectations within the mobile phone accessories market. As smartphone manufacturers continue to push technological boundaries, accessory makers must keep up by introducing complementary products that improve the functionality and convenience of mobile devices.

For example, the introduction of wireless charging and fast-charging technologies has led to increased demand for compatible accessories such as wireless charging pads and rapid-charging cables. Similarly, progress in materials science has resulted in the creation of durable and scratch-resistant materials for cases and screen protectors, offering enhanced protection without sacrificing aesthetics.

Furthermore, the integration of intelligent features like Bluetooth connectivity and app integration into accessories like headphones and fitness trackers demonstrates the evolving relationship between mobile devices and their accompanying add-ons. By harnessing these technological innovations, companies operating in the mobile phone accessories market in Mexico can maintain a competitive edge, offering state-of-the-art products that appeal to consumers seeking both performance and convenience.

Competitive Landscape

The North America mobile phone accessories market comprises various market players, such as Samsung Electronics, Apple Inc., Bose Corporation, Sony Corporation, Xiaomi Corporation, Google, Skullcandy, Amazon.com, Huawei Technologies Co. Ltd., Imagine Marketing Ltd, and others.