Online Computer & Tablet Retailers in the UK - Industry Market Research Report
Description
Online Computer & Tablet Retailers in the UK
Online computer and tablet retailers' revenue is expected to increase at a compound annual rate of 8.7% over the five years through 2023-24 to £1.1 billion, including a forecast hike of 1.6% in 2023-24. Sales are edging upwards as people continue moving further online in place of shopping in person, while improvements in computer and tablet capabilities are also driving demand higher. However, uncertain economic prospects, with the cost-of-living crisis raging on, are limiting growth. At the same time, tablet sales are dipping as consumers show an increasing preference for either smartphones or laptops instead, especially ultraportable laptops and ultrabooks. According to Ofcom data, 78% of UK adults aged 16 and over owned a laptop in 2022, up 2 percentage points from 2020. The shifting focus of major tech companies towards online platforms to reduce supply chain costs has also been a key driver of this growth.
Companies in the Online Computer and Tablet Retailers industry retail desktop, notebook and tablet computers via the internet. While most players purchase goods from domestic and international manufacturers and wholesalers to sell to end consumers, there are also manufacturers that bypass the middleman and sell their goods directly to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Online computer and tablet retailers' revenue is expected to increase at a compound annual rate of 8.7% over the five years through 2023-24 to £1.1 billion, including a forecast hike of 1.6% in 2023-24. Sales are edging upwards as people continue moving further online in place of shopping in person, while improvements in computer and tablet capabilities are also driving demand higher. However, uncertain economic prospects, with the cost-of-living crisis raging on, are limiting growth. At the same time, tablet sales are dipping as consumers show an increasing preference for either smartphones or laptops instead, especially ultraportable laptops and ultrabooks. According to Ofcom data, 78% of UK adults aged 16 and over owned a laptop in 2022, up 2 percentage points from 2020. The shifting focus of major tech companies towards online platforms to reduce supply chain costs has also been a key driver of this growth.
Companies in the Online Computer and Tablet Retailers industry retail desktop, notebook and tablet computers via the internet. While most players purchase goods from domestic and international manufacturers and wholesalers to sell to end consumers, there are also manufacturers that bypass the middleman and sell their goods directly to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
77 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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