This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Mobile Accessories Market Set to Explode

NEW YORK ( TheStreet) -- Small Apple(AAPL - Get Report) suppliers aren't the only businesses benefitting from the smartphone boom.

For Martin Zadorian, the owner of WirelessGround in Glendale, Calif., there's no better sector to be in right now. His firm, which specializes in cell phone accessories like carry cases and car chargers, has seen revenue double in the last three years as consumer demand for smartphones has exploded.

"Our customers are paying $400 to $500 on a phone and are willing to pay more for a good, quality complementary products," said Zadorian, whose inventory includes $90 Bluetooth headsets and keyboards -- some of the company's most successful products.

The mobile phone accessories business, once characterized by cheap leather carry cases and low-quality headphones, is now a booming industry.

Aftermarket accessories -- including batteries, memory cards and scratch protectors -- are estimated to generate almost $35 billion in revenue in 2011, and more than $50 billion in 2015, according to a recent report by ABI Research.

The rise in cost and capabilities of smartphones has helped fuel this demand for high-end accessories.

"Today's smartphone probably includes Bluetooth and a camera -- nothing new there -- but it may also incorporate Wi-Fi, Near Field Communication, GPS, multimedia, speech recognition and more," said ABI senior analyst Michael Morgan, in a press release. "All these add value to the device, making it more worth protecting and more able to benefit from high quality, high-priced accessories."

iSkin, a Toronto-based company that makes colorful cases for Apple and Research In Motion's (RIMM) Blackberry products, has also seen "tremendous growth" in the last few years, CEO Andrew Ackloo said, though he declined to give specific figures.

While the bulk of iSkin's customers traditionally come from the U.S. and Canada, the company has recently seen an uptick in sales from China and Brazil.

"The appetite to personalize [mobile] accessories is growing," Ackloo said.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs