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 Locations Chapter
The spread of the industry's participants largely reflects population distribution. Industry activity is highest in the Southeast region, accounting for 27.3% of establishments. The region also accounts for the largest share of the population, at 25.4%. The region's smaller share of revenue compared with establishments is due to the high level of competition in the area. Many companies in the area offer similar services, causing operators to engage in price competition. The West holds an estimated 16.7% of industry establishments. The region also accounts for 17.1% of the population.
California alone accounts for 11.5% of industry establishments. Another significant state, Florida, accounts for about 8.5% of industry establishments... purchase to read more