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:
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
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
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
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Telecom Electronic Manufacturing Services (EMS) Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Telecom Electronic Manufacturing Services (EMS) Market, by Service, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Telecom Electronic Manufacturing Services (EMS) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Telecom Electronic Manufacturing Services (EMS) Market Dynamics
- 3.1. Telecom Electronic Manufacturing Services (EMS) Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for consumer electronic devices
- 3.1.1.2. Surging demand for communication services
- 3.1.2. Market Challenges
- 3.1.3. Market Opportunities
- 3.1.3.1. Rapid technological advancements
- 3.1.3.2. Supportive government initiatives
Chapter 4. Global Telecom Electronic Manufacturing Services (EMS) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Telecom Electronic Manufacturing Services (EMS) Market, by Service
- 5.1. Market Snapshot
- 5.2. Global Telecom Electronic Manufacturing Services (EMS) Market by Service, Performance - Potential Analysis
- 5.3. Global Telecom Electronic Manufacturing Services (EMS) Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
- 5.4. Telecom Electronic Manufacturing Services (EMS) Market, Sub Segment Analysis
- 5.4.1. Electronic design & engineering
- 5.4.2. Electronics assembly
- 5.4.3. Electronic manufacturing
- 5.4.4. Supply chain management
- 5.4.5. Others
Chapter 6. Global Telecom Electronic Manufacturing Services (EMS) Market, Regional Analysis
- 6.1. Top Leading Countries
- 6.2. Top Emerging Countries
- 6.3. Telecom Electronic Manufacturing Services (EMS) Market, Regional Market Snapshot
- 6.4. North America Telecom Electronic Manufacturing Services (EMS) Market
- 6.4.1. U.S. Telecom Electronic Manufacturing Services (EMS) Market
- 6.4.1.1. Service breakdown estimates & forecasts, 2020-2030
- 6.4.2. Canada Telecom Electronic Manufacturing Services (EMS) Market
- 6.5. Europe Telecom Electronic Manufacturing Services (EMS) Market Snapshot
- 6.5.1. U.K. Telecom Electronic Manufacturing Services (EMS) Market
- 6.5.2. Germany Telecom Electronic Manufacturing Services (EMS) Market
- 6.5.3. France Telecom Electronic Manufacturing Services (EMS) Market
- 6.5.4. Spain Telecom Electronic Manufacturing Services (EMS) Market
- 6.5.5. Italy Telecom Electronic Manufacturing Services (EMS) Market
- 6.5.6. Rest of Europe Telecom Electronic Manufacturing Services (EMS) Market
- 6.6. Asia-Pacific Telecom Electronic Manufacturing Services (EMS) Market Snapshot
- 6.6.1. China Telecom Electronic Manufacturing Services (EMS) Market
- 6.6.2. India Telecom Electronic Manufacturing Services (EMS) Market
- 6.6.3. Japan Telecom Electronic Manufacturing Services (EMS) Market
- 6.6.4. Australia Telecom Electronic Manufacturing Services (EMS) Market
- 6.6.5. South Korea Telecom Electronic Manufacturing Services (EMS) Market
- 6.6.6. Rest of Asia Pacific Telecom Electronic Manufacturing Services (EMS) Market
- 6.7. Latin America Telecom Electronic Manufacturing Services (EMS) Market Snapshot
- 6.7.1. Brazil Telecom Electronic Manufacturing Services (EMS) Market
- 6.7.2. Mexico Telecom Electronic Manufacturing Services (EMS) Market
- 6.8. Middle East & Africa Telecom Electronic Manufacturing Services (EMS) Market
- 6.8.1. Saudi Arabia Telecom Electronic Manufacturing Services (EMS) Market
- 6.8.2. South Africa Telecom Electronic Manufacturing Services (EMS) Market
- 6.8.3. Rest of Middle East & Africa Telecom Electronic Manufacturing Services (EMS) Market
Chapter 7. Competitive Intelligence
- 7.1. Key Company SWOT Analysis
- 7.1.1. Company 1
- 7.1.2. Company 2
- 7.1.3. Company 3
- 7.2. Top Market Strategies
- 7.3. Company Profiles
- 7.3.1. Foxconn Technology Group
- 7.3.1.1. Key Information
- 7.3.1.2. Overview
- 7.3.1.3. Financial (Subject to Data Availability)
- 7.3.1.4. Product Summary
- 7.3.1.5. Recent Developments
- 7.3.2. Flex Ltd. (formerly Flextronics)
- 7.3.3. Jabil Inc.
- 7.3.4. Celestica Inc.
- 7.3.5. Sanmina Corporation
- 7.3.6. Plexus Corp.
- 7.3.7. Benchmark Electronics, Inc.
- 7.3.8. Wistron Corporation
- 7.3.9. Universal Scientific Industrial Co., Ltd. (USI)
- 7.3.10. Venture Corporation Limited
Chapter 8. Research Process
- 8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
- 8.2. Research Attributes
- 8.3. Research Assumption