Industry Analysis & Industry Trends
The Cell Phone Repair industry has experienced strong growth during the past decade as smartphone and data usage have increased. The rising popularity of expensive damage-prone smartphones gave the industry a significant boost. In the coming years, rapid technological change, the falling price of cell phones and rising disposable incomes are expected to encourage the replacement rather than repair of devices.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Cell Phone Repair industry is in the growth stage of its life cycle. Over the 10 years to 2020, industry value added (the industry's contribution to the economy) is expected to increase 2.3% on average annually. In contrast, GDP is expected to grow 2.5% over the same period.
Internet-enabled smartphones cost more than basic-feature phones and therefore remain more likely to be repaired instead of replaced. Smartphones also have more fragile displays and touchscreens, inaccessible batteries and other breakable parts that make them more likely to need repair. Smartphones currently represent more than two-thirds of all mobile phone sales and half of all mobile phone users... purchase to read more