Memory Cards Top Sellers for Mobile Accessories

With the increased capabilities of many mobile phones, such as support for video, music and higher-resolution photos, memory cards have seen a surge in sales from consumers looking to bump up their capacity for media content. ABI Research has released a report with findings that memory cards, such as those sold by SanDisk, will see “a 17% compound annual growth rate in shipments over the years to 2013.” The total market for cellphone accessories, which includes handsets and chargers, is $58 billion.

What makes the growth of memory cards so significant, according to ABI’s report, is that the cards have the highest profit margin of any of the mobile accessories. Over-production has left the market saturated, and the price-per-megabyte has dropped as much as 60% over the past year.

The information is part of a new study released by ABI called Mobile Phone Accessories, and is for sale via their website.

Join Baratunde Thurston (left), The Onion’s Director of Digital and author of How to Be Black, for an entertaining look at creative social media campaigns in our Social Media Marketing Boot Camp starting February 16. Other speakers include Morin Oluwole (Facebook), Tim Devane (bitly), and SocialTimes' writer Devon Glenn.   Register now.