Computer, smartphone, and other personal electronic device ownership has exploded across the United States and…
Electronic devices constantly need updating and repairing, and that need is never going away. Dealing with a broken computer or cell phone is incredibly frustrating, and most consumers don’t even know where to begin to try and fix a computer problem on their own. This is where the tech repair industry comes in. We are problem-solvers and life-simplifiers. Think of us as EMT’s for the digital world!
It is no surprise that computer, smartphone, and other personal electronic device ownership has exploded across the U.S. and the global market over the last several decades. Growing from 900,000 computer units shipped in 1980 to 65 million computer units shipped per quarter in 2015, there is no doubt that with this amount of computer sales comes an increased demand for computer repair services — meaning an incredible potential for revenue.
Believe it or not, computer technology is still in a relatively early stage of development. Technology becomes more ubiquitous with each passing year, as well as more complex, increasing the market for the tech repair businesses. According to Ibis World, revenue for the industry reached $20.3 billion in 2010. The tech repair industry was one of the few industries in the U.S. that weathered this recent economic recession successfully. That’s because consumers who were cutting back on new purchases were more likely to get their current tech devices repaired. However, that doesn’t mean that the industry is shrinking as the economy improves. With increased electronic purchases comes increased demand for repair and support from the tech repair industry.
Aside from computers, consumers run into problems with their cell phones daily. In an increasingly digital world, cell phones are our link to friends, family, work and everything in between. Tech repair businesses provide a necessary, affordable service to customers who need a cell phone repair franchise to help with a broken screen, lagging system, or a host of other problems in order for them to stay connected.
As smartphones, computers, and similar devices are updated and replaced by new technology, those knowledgeable, hard workers in this industry will have more work to do. The tech repair industry has great prospects on the horizon, and you could be a helpful link in Experimac’s tech repair chain.
To learn more about Experimac and the future of the tech repair industry, visit our website.
If you’re ready to find out the next step in opening your Experimac franchise, click here!