Production in the Repair of Computers and Communication Equipment sector in Turkey has been steadily increasing. In 2013, production was valued at 992.4 Million New Turkish Liras, with consistent year-on-year growth, peaking at 2500.0 Million TRL in 2023. From 2013 to 2023, the sector saw a Compound Annual Growth Rate (CAGR) of 9.86%. The largest annual increase occurred in 2015 with a 35.38% rise, while there were slight declines in 2019 and 2021. The most recent year-on-year growth, as of 2023, was 5.69%.
Looking ahead, forecasts suggest continued growth, reaching 3150.0 Million TRL by 2028. The expected CAGR from 2024 to 2028 is 3.65%, indicating a more moderate growth pace compared to the previous decade.
Key future trends to watch for in this sector include:
- The impact of technological advancements and digitalization on repair demand.
- Potential market expansion due to increases in the volume of electronic devices.
- Economic factors, including inflation and currency fluctuations, influencing production costs.
- Sustained demand for maintenance and repair services amidst growing technology usage.