In 2023, the number of employees in the UK's Repair of Computers and Communication Equipment sector was approximately 30.32 thousand. The forecast data from 2024 to 2028 shows a steady increase, with a compound annual growth rate (CAGR) of around 1.2%. Year-on-year, the sector is expected to witness a consistent growth rate of roughly 1.2% to 1.3%, reflecting a stable demand for repair services amidst technological advancements and increased device usage.
Future trends to watch for:
- Advancements in technology leading to more complex repair requirements and potentially higher labor demand.
- Impact of economic conditions on consumer spending, affecting repair versus replacement decisions.
- Environmental regulations and sustainability initiatives encouraging repair and reuse over new purchases, potentially bolstering job growth in the sector.