DOMK believes its future growth in the mobile accessory market exceeds the growth of actual mobiles devices, with constant demand for maximized performance. A study conducted by ABI Research supports this notion, estimating that in 2012, smartphones will funnel revenues of $20 billion to the aftermarket accessory industry, contributing more than 50 percent of total industry revenues of $36 billion. The same study estimates that by 2017, feature phone accessory sales will taper to $12 billion, while smartphones accessories are estimated to rise to $38 billion.
“The increasing penetration of smartphones is driving a shift in accessory design toward smart accessories that drive higher levels of consumer interaction, product value, and brand recognition,” ABI Research senior analyst Michael Morgan stated in a press release. “For new market entrants, developing brand recognition is paramount in capturing market share from the incumbents. This is best accomplished by the development of engaging, innovative accessories that extend the value proposition of today’s mass market accessories.”
To capture its share of the market, DOMK collaborates with researchers, inventors, manufacturers, distributors, and retailers to advance to market globally innovative new smartphone and tablet accessories designed to be compatible with all major smartphone and tablet device manufacturers such as Apple, Samsung, Logitech International, and Quantum International.
By aligning itself with some of the biggest names in the industry, DOMK is already on track to raise brand awareness among inventors and retailers for innovative product financing and market assistance. The company plans to advance its current and future developments based on the success of current products and profitability.
For more information, visit www.domarkintl.com
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