Industry Analysis & Industry Trends
The UK computer and gaming market has changed considerably over the past decade. Constant advances in technology and declines in prices have made computers more affordable. Such technology has also given consumers access to the latest programs and applications via a range of new devices that have changed the way people use computers in their everyday lives.
Computer and gaming product retailers sell a broad range of products, including desktops, laptops, tablet computers and computer software. Retailers may also sell gaming consoles, video games and accessories. Businesses in the industry sell products through physical stores and may also have associated online stores... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The UK Computer and Gaming Product Retailers industry is in decline. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to decline at a compound annual rate of 0.6% over the decade through 2020-21. UK GDP is forecast to grow at a compound annual rate of 2.1% over the same period, so the industry is estimated to be a smaller part of the UK economy in 2020-21 than it was in 2010-11.
Profit margins collapsed along with sales revenue during the recession. The industry was negatively affected by competition from outside the industry, particularly from online sales specialists. Another indicator of the decline of the industry is the rapid expected fall in industry establishments... purchase to read more