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Cell Phone Repair in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cell Phone Repair Market Research Report | Consumer Goods & Services | Personal Services | May 2014

Decent reception: A wider pool smartphone users will benefit an increasingly saturated industry

IBISWorld’s Cell Phone Repair market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
4.9%
Annual Growth 14-19
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Profit
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Employment
7,278
Businesses
2,368
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 Analysis Chapter

The Cell Phone Repair industry aggressively grew over the past five years, with revenue rising at an average annual rate of 4.9% to $1.4 billion, including expected revenue growth of 1.7% in 2014. The industry has largely benefited from the rise of smartphones and their increasing penetration. These internet-enabled, feature-rich phones are usually too expensive to simply replace and typically have easily breakable screens and hard-to-replace batteries. These characteristics have encouraged consumers to more frequently turn to repair facilities, spending more money when they do... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cell Phone Repair Industry?

This industry primarily repairs and maintains cell phones. Some operators may also repair tablets such as iPads or other electronic devices as secondary businesses, which are also included in industry revenue. Industry operators include brick-and-mortar stores, which allow customers to bring in their cell phones for repair. Some stores also allow customers to mail in devices that need repairs.

Industry Products
Screen repairWater damage repairBattery replacementCosmetic damage repairOther functional repairs
 
Industry Activities
Repairing cell phonesRepairing smartphonesRepairing tablets


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