Global Telecom Electronic Manufacturing Services (EMS) Market Size study & Forecast, by Service (Electronic design & engineering, Electronics assembly, Electronic manufacturing, Supply chain management, Others), and Regional Analysis, 2023-2030

Global Telecom Electronic Manufacturing Services (EMS) Market Size study & Forecast, by Service (Electronic design & engineering, Electronics assembly, Electronic manufacturing, Supply chain management, Others), and Regional Analysis, 2023-2030

Global Telecom Electronic Manufacturing Services (EMS) Market is valued approximately USD 190.74 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.00% over the forecast period 2023-2030. The telecom industry relies heavily on electronic components and devices to enable communication networks and services. However, telecom companies often face challenges in terms of cost, time-to-market, and manufacturing capabilities. To address these challenges and focus on their core competencies, telecom companies partner with EMS providers to handle the manufacturing aspects of their products. The major driving factors for the Global Telecom Electronic Manufacturing Services (EMS) Market are growing demand for consumer electronics devices and surging demand for communication services. Moreover, rapid technological advancements and supportive government initiatives are creating lucrative growth opportunities for the market over the forecast period 2023-2030.

Consumer electronics have become an integral part of daily life for people worldwide. The growing adoption of smartphones, tablets, smartwatches, and other connected devices has led to increased demand for EMS services to manufacture these products efficiently. According to Statista, in year 2019 the total sales of consumer electronics stood at USD 951.91 billion which increased to USD 987.16 billion in year 2022 and it is projected to reach at USD 1,152.88 billion by year 2028.. As a result, the rising consumer electronics products market is anticipated to create a lucrative opportunity for the market growth. However, the high labor cost is stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Telecom Electronic Manufacturing Services (EMS) Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America has a dominating presence in the Telecom EMS market, driven by the strong telecommunications industry, technological advancements, and the presence of major telecom companies. The United States and Canada are key contributors to the market in this region. Asia Pacific is a key region for the Telecom EMS market, with countries like China, Japan, South Korea, and Taiwan leading the market. The region is known for its strong manufacturing capabilities, cost advantages, and a large consumer base for telecom devices. The rapid growth of the telecommunications industry and the increasing adoption of advanced technologies contribute to the market expansion in this region.

Major market player included in this report are:
Foxconn Technology Group
Flex Ltd. (formerly Flextronics)
Jabil Inc.
Celestica Inc.
Sanmina Corporation
Plexus Corp.
Benchmark Electronics, Inc.
Wistron Corporation
Universal Scientific Industrial Co., Ltd. (USI)
Venture Corporation Limited

Recent Developments in the Market:
NA

Global Telecom Electronic Manufacturing Services (EMS) Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Service, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Service:
Electronic design & engineering
Electronics assembly
Electronic manufacturing
Supply chain management
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Foxconn Technology Group
Flex Ltd. (formerly Flextronics)
Jabil Inc.
Celestica Inc.
Sanmina Corporation
Plexus Corp.
Benchmark Electronics, Inc.
Wistron Corporation
Universal Scientific Industrial Co., Ltd. (USI)
Venture Corporation Limited

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