In the period from 2024 to 2028, the number of enterprises in the UK’s manufacture of computers and peripheral equipment sector is projected to show a slight decline. Starting at 767 enterprises in 2024, the forecast anticipates a steady decrease to 757 by 2028. This results in a compound annual growth rate (CAGR) indicating an average decline. As of 2023, there were 769 enterprises.
Future trends to watch for include:
- The impact of technological advancements on new market entrants and the consolidation of existing companies.
- Potential policy changes affecting the manufacturing sector.
- Economic conditions influencing enterprise sustainability and growth.