If you have noticed, today’s smartphones are jammed with a superfast octa-core processor, more than 4 GB RAM, and unlimited storage due to the cloud, and as long as two days-lasting battery. In fact, smartphones now have taken the load what was once handled by laptops and other computational devices.
In today’s tech-savvy world, everyone has now well aware of what to look for in a smartphone, and thus are more inclined to buy smartphone accessories that could complement their mobile device.
Thus, to match with such demand, smartphone accessories manufacturers are launching new and quirky accessories that consumers cannot resist to purchase.
According to a research firm, Allied Market Research, the global mobile phone accessories market is projected to garner $255.15 billion by 2023, registering a CAGR of 2.3% from 2017 to 2023.
From wireless chargers to power banks and from smart wearables to Bluetooth earphones, several mobile accessories are so incredible that they are far better and worthier than the smartphone itself.
Mobile accessories are being designed in such a way that they not only compliment the smartphones but also turn their features smarter and make them more stylish.
The major market players such as Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Apple Inc., Plantronics, Inc., Bose Corporation, and BYD Co Ltd. have developed several products that refined the market.
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Accessories to enhance smartphone battery
With smart features such as virtual assistant, virtual reality (VR), and augmented reality (AR), the battery power has become a matter of concern.
Thus, the most sought out smartphone accessory has become power banks and wireless chargers. Moreover, several recently-launched smartphones now offer wireless charging compatibility and–in several cases–wireless chargers itself.
Apart from this, it is expected that Apple may launch the next flagship iPhone that could have the feature of reverse wireless charging to charge Apple Watch and AirPods cases on the smartphone.
With the increasing use of a variety of applications, it has become difficult to rely on the battery backup of the mobile phone and search for the charging station in case it gets discharged. Thus, major market players are focusing on developing lighter and sleeker power banks that can fast charge multiple devices at the same time.
With life getting busier, the demand for quick-charging has increased drastically. The USB chargers with high current output (above 2.4A), stable and rugged braided cables, type-C connectors and QC technology are the most adopted innovations in the market.
Wearables and VR headsets
The growing demand for smart wearables and headsets for VR has increased in the last couple of years. The VR headsets enable you to immerse into the virtual world and the technology has entered into the healthcare sector to help patients recover.
From pain management for birthing mothers to cancer patients during the period of chemotherapy, VR headsets now are used to help patients.
Moreover, VR could be used to help deal with Autism and other incurable diseases. The technology allows medical students to perform life-saving procedures in a completely safe environment. Thus, the major market players have shifted their focus on developing most immersive VR headsets.
Smart wearable watches such fitness bands such as Fitbit and Apple Watch are gained tractions. When paired with a smartphone, the wearables can track fitness status, including heart rate monitoring, calorie burning, and cardio score.
Moreover, such fitness trackers also offer other features such as call, text, and calendar alerts, and deep sleep tracking, which has significantly increased their demand.
Protective covers and phone cases
Attractive phone covers and phone cases are the all-time favorite accessories of smartphone users. In fact, the demand for phone cases that offer extra protection from falls, shock, dust, and water damage has increased in the last few years.
As the price of the high-end smartphone has increased, the demand for protective covers and cases has increased as replacement costs of smartphones could be higher than the cost of such accessories.
If you are more of a beach person, you would want to capture the spectacular underwater photos and may want to shoot a quick video while surfing.
In such cases, waterproof bags or cases would be the sole savior of your smartphone. Moreover, there are several cases in the market that can accommodate your cards, important documents, and even cash along with your smartphone.
Imaging & photography
Mobile photography is gaining popularity as complementary accessories such as camera lens, camera stand, and selfie stick are available in the market at relatively affordable costs.
Smartphone camera lenses are the most vital and effective way to improve the mobile photography experience.
The lens kit that includes an optical zoom lens, super wide-angle lens, 180-degree fisheye lens, clip adaptor, and the macro lens has witnessed the highest demand from the consumers. Customers tend to opt for such lenses that offer both landscapes as well as portrait style photo shoots.
Moreover, there are a variety of types of selfie stick. From simple push button type to Bluetooth-enabled stick, there is a wide range of compact, lightweight, and extendable selfie sticks available for mobile photographers.
Apart from selfie stick, if you want to shoot time lapse without any disturbances, one must go for a small tripod that is compatible with smartphones. There are several companies that cater to this demand of customers for stands having rigid aluminum legs, smartphone holder, and an indicator to measure level.
Additionally, avid travelers often opt for car mounts to hold smartphones. Most of the times, travelers use GPS to know the directions of the destination. However, it becomes a tedious task to constantly switch between smartphone and steering wheel. In such cases, a car mount saves the day.
The technology is improving quickly and the innovations in the mobile accessories market are taking at a much faster rate. There was a concept that purchasing such gadgets and features are the privileges for the rich.
However, the popularity of such devices, growing demand from the developing countries owing to the increase in disposable income, and inclination of users toward luxury have propelled the growth of the global mobile phone accessories market.
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