Overview

Telecom Electronic Manufacturing Services Market Introduction:

Telecom Electronic Manufacturing Services (EMS) Market is likely to reach USD 245 billion by 2027 end and is expected to register a CAGR of over 9% during the forecast period 2020 to 2027.

The telecom industry is making huge technological advancements like IoT integration which has significantly boosted the market growth. Moreover, mobile connectivity has immensely improved in recent times and the vast reach of wireless devices has resulted in the extensive augmentation of the market.

Depending on the type of service, the market is bifurcated into electronic design & engineering, electronic assembly, electronic manufacturing, supply chain management and others. The electronic manufacturing segment accounts for the highest market share and is expected to dominate during the forecast period. OEMs prefer outsourcing product design and development to sub-contractors in order to gain two advantages, reduction in the overall cost and shift from fixed to variable cost. Multiple telecommunication sub-contractors are concentrating on expanding their capabilities by offering high-profit services. Such initiatives taken by sub-contractors assists in the augmentation of the market.

Telecom Electronic Manufacturing Services Market Regional Insight:

The global market is regionally bifurcated into Asia Pacific, North America, Europe, Latin America and rest of the world. The North American region is second to Asia Pacific in terms of market expanse. A soaring demand for smart devices and eco-friendly component manufacturing shall assist in the proliferation of the market.

telecom electronic manufacturing services market

Telecom Electronic Manufacturing Services Market Segmentation:

By Region

Asia Pacific
North America
Europe
Latin America
Rest of the World

By Service

Electronic Design & Engineering
Electronic Assembly
Electronic Manufacturing
Supply Chain Management
Others

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

Key Market Players:

Foxconn
Flex Electronics
Wistron
Benchmark Electronics

FutureWise Key Takeaways:

The recent rise of the electronic production sector in the Asia Pacific region shall assist in the augmentation of the market significantly
The ever-increasing consumer requirements regarding telecom technologies is a pivotal factor for the market to grow

Objectives of the Study:

To provide with an exhaustive analysis on the telecom electronic manufacturing services market by region, by service
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— Asia Pacific, Europe, North America, Latin America and rest of the world
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions