Industry Analysis & Industry Trends
At the beginning of the five-year period through 2016-17, low confidence lingered following the downturn of 2008, leading to low investment in commercial telecommunications equipment, while consumers also reined in spending. Improving conditions led to a brief reprieve in 2013-14, to be followed once again by dwindling confidence. Wholesalers of electronic and telecommunications equipment are also expected to feel the effects of the economic uncertainty brought about by the EU referendum result. As a result, industry revenue is expected to decline at a compound annual rate of 2.1% over the five years through 2016-17 to £14.7 billion.
Operators have been supported by steady demand for certain products, like smartphones, Wi-Fi routers and modems... purchase to read more
Industry Report - Industry Products Chapter
Wholesaling telecommunications equipment is the major activity in the industry and is expected to account for 59.6% of revenue in 2016-17. Products in this segment include broadcasting equipment, telephones, communications equipment, modems, routers, navigational equipment, public address systems, radar equipment and radios. This segment has grown considerably over the past decade as a result of the ever increasing dependence on the internet and mobile phone. An estimated 87.3% of UK households have internet access in 2016-17, compared with approximately 52% a decade earlier. This expansion has led to rapid growth in demand for telecommunications equipment, along with the impressive success of smartphones over the past five years. Alt.. purchase to read more