PUBLISHER: The Business Research Company | PRODUCT CODE: 1619766
PUBLISHER: The Business Research Company | PRODUCT CODE: 1619766
A mobile phone holder is a device or accessory designed to securely hold and position a mobile phone in a convenient and accessible location. These holders are commonly used in various settings, including cars, desks, or tripods, to keep the phone stable and easily reachable for activities such as navigation, hands-free calling, video recording, or content viewing.
The primary types of mobile phone holders include rechargeable mobile phone holders, adjustable mobile phone holders, automotive mobile phone holders, and home mobile phone holders. A rechargeable mobile phone holder is designed to securely hold and simultaneously charge a smartphone. Various mounting methods include magnetic, suction, clamp, and adhesive. These holders are distributed through different channels such as online and offline outlets. They are used in a range of applications, including household, commercial, outdoor activities, and sports.
The mobile phone holders market research report is one of a series of new reports from The Business Research Company that provides mobile phone holders market statistics, including mobile phone holders industry global market size, regional shares, competitors with a mobile phone holders market share, detailed mobile phone holders market segments, market trends, and opportunities, and any further data you may need to thrive in the mobile phone holders industry. This mobile phone holders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mobile phone holder market size has grown strongly in recent years. It will grow from $2.94 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth during the historic period can be attributed to the expansion of remote work, increased adoption of hands-free phone use, a growing trend of using hands-free gadgets while driving, rising safety concerns, and the increasing popularity of moto vlogging.
The mobile phone holder market size is expected to see strong growth in the next few years. It will grow to $4.32 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth during the forecast period can be attributed to the increasing prevalence of smartphones, the expansion of ride-sharing services, the rise of budget-friendly mobile phones, growing demand from vloggers, gamers, and social media influencers, and the growing popularity of outdoor activities. Key trends expected in the forecast period include innovations in materials, designs, and features, the integration of advanced technologies such as smart features, automatic clamping, the development of mobile phone holders with wireless charging capabilities, and the introduction of innovative phone holder solutions.
The increasing prevalence of smartphones is expected to drive the growth of the mobile phone holder market. Smartphones are portable, multifunctional devices that combine the capabilities of a phone and a computer, enabling users to make calls, send messages, browse the internet, and use various applications. The rise in smartphone usage can be attributed to factors such as improved affordability, widespread accessibility, smartphone addiction, and the shift toward a more digital culture. Mobile phone holders offer a secure and convenient solution for positioning smartphones for hands-free use, enhancing safety and accessibility, particularly while driving or multitasking. For example, in December 2023, Demandsage, a U.S.-based data-driven reporting platform, reported that in 2022, there were approximately 6.6 billion smartphone users worldwide, reflecting a 4.2% increase from the previous year. As a result, the growing prevalence of smartphones is driving the expansion of the mobile phone holder market.
Leading companies in the mobile phone holder market are concentrating on developing innovative and ergonomic universal holders that offer versatile solutions for users seeking convenient and secure mounting options in various settings, such as vehicles, desks, or countertops. These ergonomic universal holders aim to improve user experience by combining comfort, flexibility, and universal compatibility for diverse applications and environments. For instance, in February 2023, Indian-based company RAEGR introduced the Ridelock 300A and Ridelock 300B universal mobile phone holders designed for two-wheelers. The Ridelock 300A, constructed from metal and ABS plastic, fits all smartphones and features easy click-and-mount installation, making it suitable for bicycles. The Ridelock 300B, designed specifically for scooters, offers a similar durable build and user-friendly attachment and removal. Both models include universal fit, shock absorption to protect phones from vibrations, and a detachable design for added convenience.
In March 2023, Peak Design, a U.S.-based company known for its popular bags and accessories, teamed up with OFFROAM to introduce phone mounts tailored for specific vehicle applications. This collaboration merges Peak Design's SlimLink technology with OFFROAM's expertise in creating custom-tuned vehicle mounts, offering a sleek and easy-to-install solution for mounting and charging smartphones in vehicles. OFFROAM is a U.S.-based manufacturer specializing in high-quality phone mounts.
Major companies operating in the mobile phone holder market are Anker, Belkin International Inc., Nite Ize Inc., AUKEY, Ram Mount Inc., Baseus, Scosche Industries Inc., VAVA Inc., Mace Group Inc., Mpow, TechMatte, Brodit, Koomus, Insten, Iottie Inc., Fosmon Inc., Satechi, Kenu Inc., Lamicall, Ugreen Group Ltd., TaoTronics, Spigen Korea Co. Ltd.
North America was the largest region in the mobile phone holder market in 2023. The regions covered in the mobile phone holder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the mobile phone holder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The mobile phone holder market consists of sales of armbands, specialty holders, and tripods. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Mobile Phone Holder Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mobile phone holder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for mobile phone holder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mobile phone holder market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.