In 2023, the number of enterprises in the UK repair of communication equipment sector stood at 775. From 2024 to 2028, the sector is forecasted to experience steady growth, increasing from 797 enterprises in 2024 to 902 by 2028. This reflects a consistent annual growth rate, indicating a robust outlook for the industry.
Year-on-year, the number of enterprises is expected to increase by around 3% on average. Over the five-year forecast period from 2023 to 2028, the compound annual growth rate (CAGR) is observed to be approximately 3.1%.
Future trends to watch for include potential technological advancements and increased demand for specialized repair services as communication technologies become more complex, which may further drive sector growth.
