Forecast: Number of Employees in Retail Sale of Information and Communications Equipment in Specialized Stores Sector in the UK

As of 2023, the retail sector for Information and Communications Equipment in the UK employed approximately 24.2 thousand individuals. Forecasts for 2024 to 2028 show a consistent downward trend in employment numbers, from 23.11 thousand in 2024 to 18.98 thousand by 2028. This indicates an average year-on-year decrease of roughly 4.8% and a compound annual growth rate (CAGR) of -4.81% over the five-year period.

Future trends to watch for include:

• Impact of increased digitization and e-commerce on employment.
• Potential automation technologies reducing workforce needs.
• Shift in consumer preferences impacting specialized store sales.
• Economic factors and regulatory changes affecting the sector.