Industry Analysis & Industry Trends
Rapid technological change, combined with increased production efficiency, has resulted in falling retail prices for industry products, making them more attractive and affordable for consumers. Over the next five years, improving per capita disposable income and rising consumer confidence about the convenience and security of online purchases will likely secure repeat sales. In addition to improving economic conditions, product innovations and new technologies will further bolster industry growth. Nevertheless, the looming threat of online sales tax may hamper sales and slow profit growth.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Computer and Tablet Sales industry is in the growth stage of its life cycle, with rising participation and rapid technological advancements. During the 10 years to 2020, IBISWorld projects the industry value added, which measures the industry's contribution to the overall economy, will grow at an average annual rate of 5.6%. Meanwhile, US GDP is expected to increase 2.5% per year on average over the same period.
Over the past five years, the industry has experienced an influx of new entrants. In fact, the number of enterprises is expected to have risen an average 10.6% to 12,297 operators since 2010... purchase to read more