Cell Phone Repair Industry Statistics and Trends
The increasing number of smartphone
users worldwide has contributed to the growth of the repair industry, as
more people seek out repair services for their devices. In this
article, Phonefix will explore the current trends and statistics in the cell
phone repair industry.
● As of January 2023, US phone maker Apple leads the pack, with a market share of 27.63%. This means that nearly three in 10 smartphone users worldwide use an Apple phone.
● Cell phone repair businesses are expected to generate $1.3 billion in wages in 2022, with a market growth rate of 0.9%.
● 66% of consumers damaged their devices over the past year, with 30% having a cracked screen at the time of the study.
● 42% of tablet repairs are successful at community repair events, indicating a rise of a repair culture globally due to environmental concerns.
● 70% of cell phone repair shops opened in the last 24 months, with most being sole proprietorships with no prior experience in the industry.
• Canadians typically replace their cell phones every 33 months and 75% support right-to-repair legislation.
● About 30% of iPhone suffer some form of damage over the course of a year.
● Water damage is responsible for 43% of the liquid damage repairs that are handled by the industry each year.
Mobile phone repairs allow you to restore data quickly, without having to switch to a new phone, which is beneficial for data continuity.
This is primarily due to the rising number of smartphone users and the high cost of new smartphones.
According to Statista, the number of people who own cell phones worldwide has exceeded 6.5 billion, and the number is expected to increase to 7.6 billion by 2027.
Since the advent of the cell phone, the phone repair market has been growing every year. It is likely that the demand for repair services will continue to rise as smartphones and other mobile devices become more popular.
In
2021, Apple launched a self-service program that allows you to fix or
repair your iPhone yourself. However, it becomes more expensive than
buying a new phone.
Therefore, there is no doubt that individual users will find a technician or repair shop to fix or repair their cell phone issues.
While the future looks promising, businesses in this industry will need to keep up with the latest trends and advancements in smartphone technology to remain competitive.
Smartphone Statistics You Must Know
In an effort to find out interesting statistics about the smartphone, PHONEFIX discovered the following.● As of January 2023, US phone maker Apple leads the pack, with a market share of 27.63%. This means that nearly three in 10 smartphone users worldwide use an Apple phone.
● Cell phone repair businesses are expected to generate $1.3 billion in wages in 2022, with a market growth rate of 0.9%. ● 66% of consumers damaged their devices over the past year, with 30% having a cracked screen at the time of the study.
● 42% of tablet repairs are successful at community repair events, indicating a rise of a repair culture globally due to environmental concerns.
● 70% of cell phone repair shops opened in the last 24 months, with most being sole proprietorships with no prior experience in the industry.
• Canadians typically replace their cell phones every 33 months and 75% support right-to-repair legislation.
● About 30% of iPhone suffer some form of damage over the course of a year.
● Water damage is responsible for 43% of the liquid damage repairs that are handled by the industry each year.
Mobile phone repairs allow you to restore data quickly, without having to switch to a new phone, which is beneficial for data continuity.
Cell Phone Repair Industry Trends and Analysis
According to research, annual spending on new smartphone hardware currently exceeds 370 billion US dollars. Furthermore, the global cell phone repair industry is expected to reach $210 billion by 2023.This is primarily due to the rising number of smartphone users and the high cost of new smartphones.
According to Statista, the number of people who own cell phones worldwide has exceeded 6.5 billion, and the number is expected to increase to 7.6 billion by 2027.
Since the advent of the cell phone, the phone repair market has been growing every year. It is likely that the demand for repair services will continue to rise as smartphones and other mobile devices become more popular.
In
2021, Apple launched a self-service program that allows you to fix or
repair your iPhone yourself. However, it becomes more expensive than
buying a new phone. Therefore, there is no doubt that individual users will find a technician or repair shop to fix or repair their cell phone issues.
Conclusion
In conclusion, cell phone repair statistics show that the number of people who repair their own phones is on the rise. With the right tools and knowledge, anyone can repair their own device and save money in the process.While the future looks promising, businesses in this industry will need to keep up with the latest trends and advancements in smartphone technology to remain competitive.
With the rapidly growing cell phone repair
parts market, PHONEFIX recognizes the need to capitalize on this
opportunity. In order to do so, the company plans to utilize new
technologies and focus on providing exceptional customer service.
By
embracing emerging technologies, PHONEFIX aims to offer cutting-edge
repair solutions that meet the evolving needs of its customers.
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