The Repair of Consumer Electronics sector in Austria experienced a workforce of 200 employees in 2023. Forecasted data for 2024 to 2028 project a consistent decline in the number of employees: 189 in 2024, 179 in 2025, 170 in 2026, 161 in 2027, and 151 in 2028. This translates to a year-on-year percentage decrease of approximately 5.3% from 2023 to 2024. The subsequent years show reductions of around 5.3%, 5.0%, 5.3%, and 6.2% respectively. Over the last five years (2024-2028), the compound annual growth rate (CAGR) indicates an average decline of about 5.4% per year.
Future trends to watch for include advancements in technology that may reduce the need for repairs or prolong the lifespan of consumer electronics, impacting demand for repair services. Additionally, the broader economic conditions and shifts in consumer behavior towards new product purchases versus repair will be critical in shaping the workforce dynamics in this sector.