Industry Analysis & Industry Trends
The Online Computer and Tablet Sales industry has grown strongly over the past five years. Strong demand for tablets for much of the period has driven growth. The growing popularity of online shopping has also spurred industry demand, with consumers increasingly regarding buying computer products online as a cost-effective and convenient alternative to bricks-and-mortar shopping. Over the five years through 2015-16, revenue from the Online Computer and Tablet Sales industry has grown at a dramatic 15.0% annualised, to reach $699.8 million. Industry revenue is expected to grow by a slower 8.2% in 2015-16 as the demand for tablets slows and the market starts to feel the effects of saturation.
Despite rapidly increasing revenue, the industry faces increasing competition... purchase to read more
Industry Report - Starting a New Business Chapter
The Online Computer and Tablet Sales industry has minimal barriers to entry. Smaller, niche operators can enter the industry with little capital investment. The initial cost of establishing an online business is low compared with other industries. Operators entering the industry need to purchase a website and domain name in addition to establishing solid relationships with suppliers to guarantee a consistent and reliable supply of products. Continual improvements in technology have resulted in a constant change in industry products. New entrants must be prepared to update their inventory frequently in response to consumer demand.
While competition in the industry is high, the skill level required to operate an online store is relatively low... purchase to read more