Aftermarket Mobile Accessories Global Revenues to Top $110B in 2021
May 24, 2016 | ABI ResearchEstimated reading time: 1 minute
ABI Research, the leader in transformative technology innovation market intelligence, forecasts global revenues of aftermarket mobile accessories to top $110 billion in 2021. Aftermarket Bluetooth headsets for smartphones will grow the fastest, in terms of both revenue and shipments, with shipments expected to show a 9% CAGR between 2016 and 2020.
“Bluetooth stereo headset shipments are rising steadily, and Apple’s rumored decision to remove the headphone jack from its new iPhone only further supports our belief that mobile accessory manufacturers will largely focus on Bluetooth audio listening in the near future,” says Marina Lu, Senior Analyst at ABI Research. “Wired headsets are also showing strong growth, as consumers usually have to buy additional headsets for their smartphones.”
Screen protectors, protective cases, and chargers also contribute to growth in aftermarket mobile accessories. Apart from larger touchscreens and higher value smartphones, advanced functionality for screen protectors, including privacy protection, anti-glare, anti-fingerprint, anti-scratch, and higher transmittance, is driving their demand. Vendors also cater to consumers’ desires to personalize their smartphones by developing well-designed protective cases. And new features built-in to these cases, such as wireless charging, memory expansion, and shock-resistant technology, increase their appeal.
While screen protectors and cases are working in harmony to propel aftermarket revenues forward, wireless charging pads are also powering this year’s sales. ABI Research expects them to become much more prevalent over the next five years.
“Specifically, emergency charger shipments are taking off, as consumers’ dependence on mobile phones is leading to quicker power consumptions and the need for more frequent charging at different locations,” concludes Lu. “Given users’ attachment to their smartphones and their wants and needs to personalize and protect them, the aftermarket mobile accessories market is showing no signs of slowing down.”
Suggested Items
Altair Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis
05/07/2024 | AltairAltair a global leader in computational intelligence, announced it has acquired Research in Flight, maker of FlightStream®, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications.
Altair Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis
05/03/2024 | AltairAltair a global leader in computational intelligence, announced it has acquired Research in Flight, maker of FlightStream®, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications.
Intel Takes Next Step Toward Building Scalable Silicon-Based Quantum Processors
05/02/2024 | BUSINESS WIRENature published an Intel research paper, “Probing single electrons across 300-mm spin qubit wafers,” demonstrating state-of-the-art uniformity, fidelity and measurement statistics of spin qubits.
Argonne, Toyota Collaborate on Cutting-Edge Battery Recycling Process
05/01/2024 | BUSINESS WIREThe U.S. Department of Energy’s (DOE) Argonne National Laboratory has recently launched a collaboration with Toyota Motor North America that could reduce the nation’s reliance on foreign sources of battery materials.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.