Industry Analysis & Industry Trends
Mobile phones have become the must-have item of the modern world. However, although solid growth in the number of mobile connections and continuing advances in product design and technology have fuelled consumer demand, these changes have not translated well into the retail market. Instead of record sales, industry operators have faced a difficult trading environment. Revenue is expected to decline at a compound annual rate of 1.5% over the five years through 2013-14 because mounting competition between operators has led to shrinking profit margins and declines in the average price of phones. Trends in real personal disposable income and consumer sentiment have also played their part in limiting revenue.
Over 2013-14, revenue is projected to contract by 1.4% to £3 billion... purchase to read more
Industry Report - Industry Locations Chapter
Over the past five years, trends in population and income levels have played pivotal roles in the location of mobile telephone stores. The rising popularity of mobile telephones and growth in the population has resulted in increased consumer demand for the industry and this has supported the launch of new stores in under-serviced areas. Income levels have also affected store locations, particularly those stores stocking smartphones, which fall into a higher price bracket than base model phones.
London, the South East and the North West
London, the South East and the North West account for 41.9% of all industry establishments... purchase to read more