A new wave of wearable technology is hitting the mobile device market. Enabled by the IC vendors, screen technologies, UI innovations and low cost sensors, a huge variety of connected devices are being developed and readied for primetime. Activity, sports and health trackers, smart glasses, smart watches, and smart clothing are the next big thing in consumer electronics.
Additionally, the sale of handset accessory products remains a lucrative business and provides further opportunities for OEMs, ODMs, mobile operators, distributors, and retailers to create a premium mobile experience for consumers and enterprises. Memory cards, protective cases, decorative elements, Bluetooth headsets and headphones, cradles, chargers, scratch protectors, batteries, and wired accessories provide large volume potential.
Handset vendors are realizing that accessories contribute to increasing sales, product portfolio differentiation, and can extend the product lifecycle of high-end devices. Mobile operators will find out wearable devices and accessories can lead to higher ARPUs by providing better comfort, convenience, and user experiences of mobile services. Mobile accessories provide vendors and network operators further opportunities in brand building and promotion, as well as in expanding their product offerings.