Industry Analysis & Industry Trends
The Cell Phone Repair industry has profoundly grown over the past five years due to several factors, including cheaper and more reliable mobile internet and the exploding popularity of smartphones, which are more fragile and therefore more likely to need repairs. Smartphones also feature higher price tags, which have led consumers to repair rather than replace them. However, as the industry reaches market saturation and the cost of replacement becomes more affordable, demand for this industry's services is expected to stall.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Cell Phone Repair industry is highly fragmented and small operators dominate the industry. The top four players are estimated to account for less than 10.0% of industry revenue in 2014, indicating a low industry concentration. There are a large number of small firms in the industry specializing in cell phone repair services that operate independently and are targeted to serve a small geographic region. Industry concentration has remained relatively stable in the past five years as cell phone repair services are generally owned by small, independent operators.
In the past five years, the number of industry establishments has increased an annualized 5.8% to 2,609 in 2014... purchase to read more