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Huge Upside Potential for Mobile Device Accessories

The global aftermarket of accessories and services for mobiles phones has experienced consistent growth, with the smartphone category setting new market upside targets. The other related sector to watch will be media tablet accessories. According to the latest marekt study by ABI Research, smartphones will drive $20 billion in aftermarket accessory revenues in 2012 -- accounting for more than half of the $36 billion that all aftermarket mobile handset accessories will produce. By 2017, smartphone accessories will grow to $38 billion in revenues, while feature phone accessory revenues decline to $12 billion. "The increasing penetration of smartphones is driving a shift in accessory design toward smart accessories that drive higher levels of consumer interaction, product value, and brand recognition," says Michael Morgan, senior analyst, devices, applications and content at ABI Research . For new market entrants, developing brand recognition is paramount in capturing ma...