Posted on Tuesday, November 10th, 2009 at 12:23 pm
Mobile Handset Accessories Market to Turn Over Nearly $55 Billion This Year
ABI Research
By the end of 2009 the world’s mobile handset accessories market will have chalked up a value of nearly $55 billion. That represents a small decrease from the 2008 figure, surprising only in that the decline hasn’t been larger. “While improving slightly,” says industry analyst Michael Morgan, “handset accessory market growth will remain somewhat sluggish in 2010, and not until 2011 will the 2008 figure be surpassed. After that, we expect, strong growth will resume.” Within that overall picture, certain segments – notably the very important memory card market – face particular challenges. The memory card market, says Morgan, has been so oversupplied that selling prices are barely above production costs. Those conditions may be starting to change, however. “While it’s always dangerous trying to call the bottom of a market, very recently it has begun to look as if memory card prices are stabilizing and even starting to rise slightly.”
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