Electronic & Computer Repair Services in Canada - Industry Market Research Report

Electronic & Computer Repair Services in Canada - Industry Market Research Report
Electronic & Computer Repair Services in Canada

The Electronic and Computer Repair Services industry in Canada has declined over the past five years. The industry conducts repairs for individual consumers, small and large businesses and government institutions. The industry performs repairs to personal computers, home electronics, telecommunications systems and medical equipment. Repairs for individual consumers, however, represent an uncertain revenue source. Rapid technological improvements and price drops for computers, tablets and mobile phones have prompted consumers to purchase entirely new devices rather than repair their old ones. As a result, IBISWorld projects industry revenue to decrease at an annualized rate of 3.7% to $1.7 billion over the five years to 2023, with an expected 1.7% growth in 2023 alone.

Companies in this industry repair or maintain consumer electronic equipment, computers, office machines, communication equipment and other electronic and precision equipment. Operators in this industry repair other miscellaneous items including microscopes, radar and sonar equipment, TVs, stereos, video recorders, computers, photocopying machines, communications equipment, scientific instruments and medical equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.