Global Consumer Electronics Repair and Maintenance Market (2021 to 2030) - Opportunities and Strategies - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Consumer Electronics Repair and Maintenance Global Market Opportunities and Strategies to 2030: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global consumer electronics repair and maintenance market as it emerges from the COVID-19 shut down.

The global consumer electronics repair and maintenance market reached a value of nearly $16,520.0 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.4% since 2015. The market is expected to grow from $16,520.0 million in 2020 to $23,772.3 million in 2025 at a rate of 7.6%. The market is then expected to grow at a CAGR of 7.1% from 2025 and reach $33,436.2 million in 2030.

Companies Mentioned

• Redington
• uBreakiFix
• B2X CARE SOLUTIONS GMBH
• Encompass Supply Chain Solutions Inc
• Onsitego

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
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• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
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• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
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The consumer electronics repair and maintenance market is highly fragmented with large number of local players having intense competition. The market fragmentation can be attributed to the availability of large number of service provider, innovative product repairing approach, and high competition among the players in the market. The top 10 companies in the market occupied 3.81% of market share in the global consumer electronics repair and maintenance market. Major players in the market include Redington, uBreakiFix, B2X CARE SOLUTIONS GMBH, Encompass Supply Chain Solutions Inc., Onsitego, The Allstate Corporation, Global Electronic Services, Inc., Electronix Services, MicroFirst Gaming Inc. and Quest International, Inc.

The top opportunities in the consumer electronics repair and maintenance market segmented by type will arise in the television segment, which will gain $4,930.5 million of global annual sales by 2025. The top opportunities in segment by service type will arise in the out of warranty segment, which will gain $4,373.2 million of global annual sales by 2025. The top opportunities in segment by end user will arise in the residential segment, which will gain $6,771.0 million of global annual sales by 2025. The consumer electronics repair and maintenance market size will gain the most in China at $1,597.4 million.

Market-trend-based strategies for the consumer electronics repair and maintenance market include focusing on adopting IoT for their operations to enhance efficiency and to keep track of real-time status of devices, focusing on implementing AR-based procedures to enhance their performance and merging with financial and other electronic component companies to strengthen the financial stability and fast and better performance.

Key Topics Covered:

1. Consumer Electronics Repair and Maintenance Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction

6.1. Segmentation by Geography

6.2. Segmentation by Type

6.3. Segmentation by Service Type

6.4. Segmentation by End User

7. Consumer Electronics Repair and Maintenance Market Characteristics

7.1. Market Definition

7.2. Segmentation by Type

7.3. Segmentation by Service Type

7.4. Segmentation by End User

8. Consumer Electronics Repair and Maintenance Market Trends and Strategies

8.1. Adoption of IoT in Repair and Maintenance

8.2. Augmented Reality for Maintenance and Repair

8.3. Increase in Mergers and Acquisitions

9. Impact of COVID-19 on the Consumer Electronics Repair and Maintenance Market

9.1. Decrease in Demand

9.2. Supply Chain Disruptions

9.3. Alternative Repair and Maintenance Services

10. Global Consumer Electronics Repair and Maintenance Market Size and Growth

10.1. Market Size

10.2. Historic Market Growth, 2015 - 2020, Value ($ Million)

10.3. Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)

11. Global Consumer Electronics Repair and Maintenance Market Segmentation

11.1. Global Consumer Electronics Repair and Maintenance Market, Segmentation by Type

11.2. Global Consumer Electronics Repair and Maintenance Market, Segmentation by Service Type

11.3. Global Consumer Electronics Repair and Maintenance Market, Segmentation by End User

12. Consumer Electronics Repair and Maintenance Market, Regional and Country Analysis

12.1. Global Consumer Electronics Repair and Maintenance Market, by Region, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)

12.2. Global Consumer Electronics Repair and Maintenance Market, by Country, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)

For more information about this report visit https://www.researchandmarkets.com/r/mia2kt