Industry Analysis & Industry Trends
The Electronic and Computer Repair Services industry has declined during the past five years. The increasing affordability of electronics and computers has prompted consumers and businesses to purchase new products rather than replace their existing equipment, and businesses and consumers typically have opted to purchase more advanced products and scrap damaged or outdated goods. In the five years to 2019, the industry will grow marginally, as increasing complexity of consumer devices, computers and other precision instruments will lead to higher demand for repair services. However, the industry will continue to suffer from declining trends, such as falling prices for new electronic and computer equipment... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Electronic and Computer Repair Services industry is in the decline stage of its life cycle. Industry value added, which measures the industry's overall contribution to the economy, is expected to decrease 1.0% per year on average during the 10 years to 2019. In contrast, GDP is expected to grow an annualized 2.5% over the same period. Factors such as rising costs (e.g. gasoline) and pressured demand have constrained profit during the period. At the same time, the number of enterprises is expected to increase incrementally at an annualized 0.2% during the 10-year period.
Independent repair and maintenance companies have introduced some new services, such as help-desk support... purchase to read more