Industry Analysis & Industry Trends
The Computer and Electronic Equipment Repair industry is being affected by two clear shifts in business operations that spell trouble for the long-term viability of computer and electronic equipment maintenance services. Although relatively few people in Australia have the necessary expertise to repair their own computer, the growing tendency for companies and households to lease computers and electronic equipment often means that these products are replaced when (or before) they malfunction. Furthermore, more companies are investing in their own in-house IT teams, which is reducing the demand for computer repairs from industry firms.
The industry’s low barriers to entry have resulted in high numbers of repair and maintenance companies... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
In the ten years through 2020-21, industry value added, which is the industry's contribution to national GDP, is estimated to decrease at an annualised rate of 1.2%. This is in contrast to estimated GDP growth over the same years of 2.8%. This shows that the industry will account for a smaller proportion of the national economy in 2020-21 than it did in 2010-11. As demand for computer and electronic equipment repairs and maintenance declines, so does industry revenue. Further, computer and electronic equipment technology is becoming more reliable, requiring less maintenance services each year. As such, even computers and electronic equipment that are kept for longer are in less need of repair... purchase to read more