The turnover of the communication equipment repair sector in Germany is expected to see steady growth from 2024 to 2028. With a starting point of 474 million euros in 2024, the turnover is projected to increase annually, reaching 510.3 million euros by 2028. This represents a consistent year-on-year growth rate of approximately 2-2.1%. In 2023, the actual turnover was recorded at 464 million euros, indicating an upward trend moving into the forecast period.
Key future trends to watch for:
- Increasing demand for repair services driven by technological advancements and lifecycle extensions of devices.
- A potential rise in outsourcing of communication equipment repair by businesses to specialized service providers.
- The influence of sustainable practices fostering growth in the repair market, as more companies and consumers opt to repair rather than replace equipment.