According to IMARC Group latest report titled” Telecom Electronic Manufacturing Services (EMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on telecom electronic manufacturing services (EMS) market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global telecom electronic manufacturing services (EMS) market is expected to exhibit a growth rate (CAGR) of 6.1% during 2023-2028.
Telecom electronic manufacturing services (EMS) represent the subcontracting services offered to telecom equipment manufacturers to o improve the overall telecom infrastructure. They include designing, manufacturing, distributing, testing, supply chain management, etc. Telecom EMS solutions are mostly utilized as a replacement for or supplement to company-owned manufacturing operations. They provide several benefits to the manufacturers, including quick product launch to the market, a substantial reduction in capital investments, access to high-end logistics and cutting-edge technology, etc. Consequently, telecom EMS find widespread utilization across the globe.
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Market Trends:
The expanding telecommunications industry and the increasing modernization of the existing industrial systems are primarily driving the telecom electronic manufacturing services (EMS) market. Additionally, the escalating number of internet users across countries and the elevating need for faster and more advanced telecommunication services are acting as significant growth-inducing factors. Moreover, the growing technological advancements, such as the integration of connected devices with cloud computing, the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) solutions, that enable the smooth manufacturing of novel mobile devices which can be conveniently combined with 5G base station chips are further stimulating the global market. Apart from this, the emerging trend of deploying telecommunication electronics in automobiles is also positively influencing the market growth. Furthermore, the inflating expenditure by leading market players in extensive research and development (R&D) activities to bring considerable improvements in the wireless communication infrastructure and the rising usage of radio frequency (RF) devices for numerous telecom applications are expected to fuel the telecom electronic manufacturing services (EMS) market over the forecasted period.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Benchmark Electronics Inc
- Celestica Inc.
- Compal Inc
- Creation Technologies LP
- FLEX LTD.
- Hon Hai Precision Industry Co. Ltd.
- Jabil Inc.
- Plexus Corporation
- Sanmina Corporation
- Venture Corporation Limited
- Wistron Corporation
Telecom Electronic Manufacturing Services (EMS) Market Segmentation:
Our report has categorized the market based on region and service.
Breakup by Service:
- Electronic Design and Engineering
- Electronics Assembly
- Electronic Manufacturing
- Supply Chain Management
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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