Cell Phone Repair 2023 Statistics and Trends

The mobile phone repair industry is a fast-growing industry. As more and more people use their mobile phones for everything from communication to entertainment, it’s no surprise that the demand for mobile phone repair services is also increasing.In this article, Phonefix explores current trends and statistics in the cell phone repair industry.

Interesting Cell Phone Repair Statistics

As of January 2023, US mobile phone maker Apple leads with a market share of 27.63%. That means nearly three in 10 smartphone owners worldwide use an Apple phone.

The mobile phone repair business is expected to generate $1.3 billion in wages in 2022, with a market growth rate of 0.9%.

66% of consumers damaged their devices in the past year, with 30% having a cracked phone screen during the study period.

70% of mobile phone repair shops opened in the past 24 months, most of them are sole proprietorships with no industry experience.

About 30% of iPhones suffer some form of damage within a year.

Water damage accounts for 43% of the liquid damage repairs the industry handles each year.

42% of tablet repairs were successful at community repair events, demonstrating the rise of repair cultures around the world out of concern for the environment.

Trends and Analysis

According to research, more than $370 billion is currently being spent annually on new smartphone accessories. Additionally, the global mobile phone repair industry is expected to reach $210 billion by 2023.

This is mainly due to the increase in the number of smartphone users and the high cost of new smartphones. According to Statista, there are more than 6.5 billion people in the world who own mobile phones, and this number is expected to increase to 7.6 billion by 2027. The mobile phone repair market has grown every year since the advent of mobile phones. As smartphones and other mobile devices become more popular, the demand for repair services is likely to continue to rise.

At last

In conclusion, cell phone repair statistics show that the number of people repairing their cell phones themselves is increasing. With the right tools and knowledge, anyone can repair their own equipment and save money in the process.

The cell phone repair industry is a lucrative and promising field with a low learning curve and quick returns.

To capture this fast-growing opportunity in the mobile phone repair industry, Phonefix plans to utilize new technologies and focus on providing excellent customer service, repair solutions that meet the needs of customers