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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 | Aug 2016

Fragile balance: Industry growth remains strong despite cellular providers encouraging phone lease and replacement plans

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
$4bn
Annual Growth 11-16
3.0%
Annual Growth 16-21
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Profit
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Employment
21,004
Businesses
7,819
Industry Analysis & Industry Trends

The Cell Phone Repair industry has experienced strong growth during the past decade as smartphone and tablet usage have increased. The rising popularity of expensive but fragile smartphones has given the industry a significant boost since 2010. 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 Analysis Chapter

The Cell Phone Repair industry expanded over the past five years, with revenue rising at an annualized rate of 3.0% to $3.6 billion, including expected revenue growth of 5.0% in 2016. The industry has benefited from the widespread popularity of smartphones. These internet-enabled, feature-rich phones are usually too expensive to simply replace without a warranty and typically have fragile screens and hard-to-replace components. These characteristics have encouraged consumers to more frequently turn to professional repair shops to salvage devices that are still operable. However, the industry has also contended with declining cell phone prices and yearly upgrade plans as cell phone technology rapidly evolves... 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 or other electronic devices as secondary services, which are also included in industry revenue. Industry operators include brick-and-mortar stores that allow customers to bring in their cell phones for immediate repair. Some stores also allow customers to mail in devices that need repairs.

Industry Products
Screen repair and replacementBattery repair and replacementButton and headphone jack repair and replacementCamera and sensor repair and replacementOther repair and replacement
 
Industry Activities
Repairing cell phonesRepairing smartphonesRepairing tablets


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