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Global Telecom Electronic Manufacturing Services (EMS) Market to reach USD 327.73 billion by the end of 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

Product Code: ICTICTS-80519690
Publish Date: 4-10-2023
Page: 200

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:
Ø NA

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

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
3.1.2.1. High labor cost
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

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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