Computer and Electronic Equipment Repair in Australia - Market Research Report (2014-2029)

The Computer and Electronic Equipment Repair industry has been grappling with challenges, subduing revenue. Pandemic-induced economic uncertainty suppressed overall demand for industry services as consumers delayed repairs or gravitated towards new equipment. Discretionary income has fallen in the years since, which combined with inflationary pressures would normally led consumers to opt to repair existing equipment. However, a preference for new devices – as technology like smartphones and computers advances and is heavily marketed – has contributed to a decline in the electronics repair market in the current period. Overall, industry revenue has dropped at an annualised 1.6% over the past five years and is expected to total $3.1 billion in 2024-25, when revenue will dip by an estimated 1.5%.