Telecom Electronic Manufacturing Services (EMS) Market Size, Global Research, Top Leading Player and Forecast 2022-2027
According to IMARC Group latest report titled” Telecom Electronic Manufacturing Services (EMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on telecom electronic manufacturing services (EMS) market report. 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 CAGR of 6.4% during 2022-2027.
Telecom electronic manufacturing services (EMS) represent the subcontracting services offered to telecom equipment manufacturers. They comprise manufacturing, designing, distributing, testing, returning, or repairing electronic components, printed circuit boards (PCB), and other assemblies for the original equipment manufacturers (OEM). These services are usually used as a supplement or replacement for company-owned manufacturing operations. They provide numerous benefits to the manufacturers, such as quick product launches to the market, access to high-end logistics, cutting-edge technology, a substantial reduction in overall capital investments, etc.
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The expanding telecommunications industry and the growing modernization of the existing industrial systems are primarily augmenting the telecom electronic manufacturing services (EMS) market. Furthermore, the rising number of internet users across the globe has led to the inflating need for faster and more advanced communication services, thereby also bolstering the market growth. Apart from this, various core manufacturing and ancillary activities offered by contract manufacturing service providers enable the OEM to focus on their core competencies and enhance overall efficiencies. Moreover, several technological advancements, including the elevating integration of connected devices with the Internet of Things (IoT), cloud computing, artificial intelligence (AI), and machine learning (ML) solutions, are acting as significant growth-inducing factors. Besides this, they enable the smooth production of novel mobile devices and can be conveniently combined with 5G base station chips, which is positively influencing the global market. Additionally, extensive R&D activities and continuous improvements in wireless communication infrastructures are expected to fuel the telecom electronic manufacturing services (EMS) market in the coming years.
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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
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 (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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