The market of mobile accessories will be bigger than the market of smart phones
According to the research of ABI Research company by the end of 2007, the market of accessories for mobile phones would cost about $ 32 billion and that’s $ 4 billion more than the predicted value for smart phone market…
Approximately 77% of the revenue was received from the sale of spare parts for phones. The ABI Research believes that by 2012 the market accessories will cost $ 80 billion.
“The number of accessories for mobile phones is growing. The increase is caused by the development of technology as well as the desire of buyers to personalize their own mobile phones. Manufacturers of mobile phones and mobile operators are interested in accessories because they can not only bring more profits but make the brand more recognizable ” - says Shailendra Pandey, ABI Research analyst.
According to ABI Research phone manufacturers have realized that in order to increase sales of premium phones and smart phones, they must issue additional accessories. With accessories consumers can fully enjoy the functionality of high-tech cell phones they buy.
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