Posts Tagged ‘Updated’
Copier & Office Equipment Wholesaling in the US Industry Market Research Report from IBISWorld Has Been Updated
Copier & Office Equipment Wholesaling in the US Industry Market Research Report from IBISWorld Has Been Updated
New York, NY (PRWEB) December 29, 2013
The Copier and Office Equipment Wholesaling industry has suffered from tough market conditions over the five years to 2013. Low business sentiment and a decrease in the number of businesses after the recession reduced new and replacement office equipment demand, causing industry revenue to fall. During the recession, revenue marked its steepest decline, falling 9.8% and 17.5% in 2008 and 2009, respectively. Overall, revenue is estimated to decline at an annualized rate of 0.6% to $ 37.2 billion in the five years to 2013. Fortunately for the industry, demand conditions have slowly improved since 2010; as the US economy slowly began its recovery, the number of businesses and corporate profit rose. To this end, IBISWorld expects that revenue will increase 9.9% in 2013, aided by an increase in the number of new businesses and a rising business sentiment index, manifesting in greater demand for new office equipment.
According to IBISWorld Industry Analyst Zeeshan Haider, “In addition to weakened downstream demand, revenue for wholesalers has been hampered by the practice of wholesale bypass, whereby manufacturers forego wholesale distributors entirely and sell directly to retailers.” For example, point-of-sale equipment manufacturers like Dell and NCR Corporation have increasingly relied on direct sales models through their sales forces rather than distribution through wholesalers, reducing demand for operators. Manufacturers believe that vertically integrating and selling directly to end consumers, as opposed to using wholesalers and independent retailers, gives them a unique advantage in how they present their product to potential consumers, and it also allows them to record and quickly act on the feedback they receive. In response, industry players have sought out ways to mitigate losses caused by wholesale bypass, including automating their inventory control processes.
Despite these efforts, wholesale bypass is expected to continue restraining industry revenue growth in the five years to 2018. Nonetheless, “increasing demand and an improving business sentiment index will help the industry rebound marginally,” says Haider. As the economy recovers from its recessionary lows, the number of businesses and white-collar jobs are projected to rise through 2018, which will lead to higher sales.
For more information, visit IBISWorld’s Copier & Office Equipment Wholesaling in the US industry report page.
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IBISWorld industry Report Key Topics
The Copier & Office Equipment Wholesaling industry wholesales a range of office equipment, like calculators, dictating machines and mail machines. Operators also wholesale automated teller machines (ATMs) and point-of-sale systems. The industry does not in wholesale office furniture, computers, computer software and peripheral equipment, stationery or office supplies.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & 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
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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Computer Maintenance Services in Australia Industry Market Research Report Now Updated by IBISWorld
Computer Maintenance Services in Australia Industry Market Research Report Now Updated by IBISWorld
Melbourne, Australia (PRWEB) December 06, 2012
Few people in Australia are comfortable repairing their own computer. Consumers continue to view internal operations of computers as complicated, although this has not translated to booming demand for the Computer Maintenance Services industry in Australia. Businesses today have made two clear shifts in operations that spell trouble for the long-term viability of computer maintenance providers. According to IBISWorld industry analyst Craig Shulman, “the tendency to lease computers rather than buy them often means that computers are replaced when, or before, they malfunction”. Furthermore, the increasing presence of comprehensive, in-house IT teams means that many repairs can be conducted at minimal cost. An influx of IT specialists occurred in the late 1990s due to the dot-com crash. Subsequent consolidation of the IT industry has meant abnormal growth in the number of firms offering maintenance services as many operatives established their own repair companies after being retrenched from a downsizing industry.
As a result, the Computer Maintenance Services industry in Australia is facing an uncertain future, especially after a difficult past five years. During the five years through 2012-13, industry revenue has contracted at an annualised rate of 0.2%. In 2012-13, industry revenue is forecast to increase by 1.3% to $ 1.8 billion. “The rapid pace of technological advancements, the growing need for faster processing speeds and the falling price of consumer electronics mean that replacing a faulty machine is often more economical than repairing it”, adds Shulman. In the aftermath of Australia’s economic downturn, companies are resorting to maintain servers and other peripheral equipment, and households are also following suit with their personal computers.
Today, while the IT industry at large has recovered, the need for repairs is falling and appears set to continue a downward trajectory. Industry revenue is forecast to decline in the five years through 2017-18, as private households become increasingly willing to lease computers, and as the price of consumer electronics continues to drop, resulting in decreased demand for repairs. The largest four operators are Hewlett-Packard Australia, IBM A/NZ, UXC and Symantec Australia, and account for the majority of industry revenue. IBISWorld expects that over the past decade, market share concentration has declined as the number of suppliers of computer equipment increased, and larger computer vendors outsourced some maintenance functions. The industry is becoming increasingly fragmented, as smaller firms specialise in skills that are in higher demand.
For more information, visit IBISWorld’s Computer Maintenance Services report in Australia industry page.
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IBISWorld industry Report Key Topics
Competitors in this industry provide computer maintenance and repair services, including the repair of computer peripheral equipment such as servers. Repairs also include diagnostic efforts on poorly designed or installed software and hardware.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.