Forecast: Employment in Retail Sale of Computers, Peripheral Units, Software and Telecommunications Equipment in Specialized Stores Sector in the UK

In 2023, the employment in the retail sale of computers, peripheral units, software, and telecommunications equipment in designated stores stood at an actual value of approximately 17,290 full-time equivalents. Forecasts indicate a consistent decline: 16,570 in 2024, 15,850 in 2025, 15,130 in 2026, 14,440 in 2027, and 13,760 in 2028. This depicts an average yearly reduction of about 3.8%. Year-on-year percentage decreases from 2024 to 2028 show consistent contraction, emphasizing the sector's vulnerability to digital transformation and changing consumer preferences.

Future trends to monitor include:

  • The continual digitalization and rise in e-commerce affecting in-store retail employment.
  • Technological advancements necessitating workforce reskilling and upskilling.
  • The potential impact of macroeconomic factors like inflation and consumer spending power.

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