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ABI: 2008 sales of handset accessories to hit $40B

Posted: 25 Feb 2008 ?? ?Print Version ?Bookmark and Share

Keywords:revenue handset accessories? smart phones? research ABI?

Sales of accessories for mobile phones are expected to generate revenue of over $40 billion in 2008, says ABI Research.

"Current market trends including the growing adoption of smart phones in the prosumer and consumer segments, as well as the increasing popularity of iPhone-like feature-rich devices with touchscreens are contributing to the growing demand for mobile phone accessories," says ABI Research industry analyst Shailendra Pandey. "Further, more people buying expensive smart phones and feature-rich devices mean greater demand for accessories that protect handsets, and also for accessories that enable the use of different features and applications on the handsets."

The growing popularity of mobile phones with large screens and touchscreens is resulting in strong sales of accessory products that offer handset protection, such as carry cases, covers, screen protectors, and scratch removers, says ABI. A/V playback capabilities in handsets are resulting in growing demand for earphones and headsets, as well as memory cards to enable storage of music, videos and images. In addition, the need for connecting the mobile phone to the PC/laptop for transferring multimedia and data files means a greater need for accessory products such as data connection kits and USB chargers.

ABI Research expects the market for mobile phone accessories to grow steadily in the next five years, generating over $80 billion in revenue in 2012.




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