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

The UK sector for the retail sale of computers, peripheral units, software, and telecommunications equipment in specialized stores is anticipated to experience a modest decline from 2024 onward. The forecast shows a steady decrease from £1.63 billion in 2024 to £1.54 billion by 2028. As of 2023, this sector generated a value of approximately £1.66 billion. The year-on-year percentage change reflects a consistent contraction, with the average annual decline (CAGR) over the five-year period leading up to 2028 projected at around -1.11%.

In the future, several trends warrant attention:

  • Rising digital transformations and shifting consumer preferences towards online purchasing.
  • Technological advancements and the adoption of new software solutions.
  • Potential market destabilization from global supply chain constraints.
  • The growing preference for sustainable and eco-friendly products could reshape market demands.

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