Industry Analysis & Industry Trends
Although consumer demand has been fuelled by solid growth in the number of mobile connections and continuing advances in product design and technology, these changes have not translated well into the retail market. Instead, industry operators have faced a difficult trading environment. The collapse of Phones 4u in September 2014 caused industry revenue to decline by 17.3% in 2014-15. However, following the sale of Phones 4u retail units, other companies within the industry were able to expand, boosting total industry revenue by approximately 18.9% the following year. Revenue is expected to decline at a compound annual rate of 1% over the five years through 2016-17 to £3.3... purchase to read more
Industry Report - Industry Key Buyers Chapter
The UK Mobile Telephone Retailers industry has a medium level of market share concentration. The largest chain, Dixons Carphone, accounts for an estimated 46% of industry revenue. This far surpasses the size of any of its competitors. The four largest companies are estimated to account for less than 50% of industry revenue in 2016-17. Independent retailers have largely suffered as a result of the tougher retail trading conditions. The exit of Phones 4u in 2014 dramatically reduced the level of concentration in the industry.
The main mobile phone retailers are part of the wider mobile market and compete with the retail arms of the four main networks (EE, O2, Vodafone and Three), supermarkets and online-only retailers. Mob.. purchase to read more