Telecom Electronic Manufacturing Services Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

The Global Telecom Electronic Manufacturing Services (EMS) Market Size accounted for USD 169 Billion in 2021 and is projected to achieve a market size of USD 321 Billion by 2030 rising at a CAGR of 7.4% from 2022 to 2030. Telecom electronic manufacturing services (EMS) are subcontracting services provided to telecom equipment manufacturers. The rising demand for consumer electronics is expected to drive the telecom electronic manufacturing services market growth of the during the forecast period.

Telecom Electronic Manufacturing Services (EMS) Market Report Statistics

• Global telecom electronic manufacturing services (EMS) market revenue is estimated to reach USD 321 Billion by 2030 with a CAGR of 7.4% from 2022 to 2030
• According to our analysis, the 5G infrastructure sector would generate more than USD 1,280 billion revenue by 2030
• Similarly, global telecom equipment market grabbed around US$ 540 billion in 2021 owing to increasing integration of 5G, IoT, and other technologies in telecom industry
• North America telecom electronic manufacturing services market share generated over 34% shares in 2021
• Asia-Pacific telecom EMS market growth will record substantial CAGR of over 8% from 2022 to 2030
• Based on service, electronic manufacturing captured over 47% of the overall market share in 2021
• Surging demand for green electronics is a popular telecom electronic manufacturing services (EMS) market trend that is fueling the industry demand

Global Telecom EMS Market Dynamics

Market Drivers

• Growing need for EMS technology in telecom sector
• Surging trend of electronic devices across the world
• Increasing government initiatives
• Rising focus on timely Service delivery

Market Restraints

• Uncertainty in functioning of OEMs
• High labor cost in the manufacturing of electronics

Market Opportunities

• Growing demand for green electronics
• Increasing implementation of 5G and IoT technology

Telecom Electronic Manufacturing Services (EMS) Market Report Coverage

Telecom Electronic Manufacturing Services (EMS) Market Growth Factors

IoT is the following key pattern and is assessed to help the telecom business as far as revenue generation and infrastructure growth, which is consequently projected to drive the market over the coming years. Moreover, portable availability has enhanced hugely in the course of recent years and entrance of remote gadgets has seen sound development throughout the years. This pattern is ready to proceed throughout the following couple of years and decidedly affect the telecom EMS market development.

With such extraordinary development in the telecom world, players are regularly tested to keep pace with their Services and in addition benefit contributions. In any case, with changing business sector elements in the telecom area and developing spotlight on offering higher client esteem, equipment vendors are planning to become wildly successful in the service offering field. Along these lines, the industry has been encountering a move toward re-appropriating exercises. This is, thus, feeding the development of the market.

Telecom Electronic Manufacturing Services (EMS) Market Insights

Also, monetary development or economic growth, increasing need for communication services, mechanical and technology advancements, and extension of wireless communication are ready to be among the key trends heightening business sector development. The telecommunication equipment or hardware business plan of action is exceedingly innovation driven.

Hardware makers or Equipment manufacturers are advancing from manufacturing switches to growth or development of their own equipment, notwithstanding incorporation of Services with their service offerings. Sellers regularly confront difficulties while concentrating on core capabilities due to speedy technological or technical changes in Service and service offerings and therefore, they prefer subcontracting.

Telecom Electronic Manufacturing Services (EMS) Market Segmentation

The global telecom EMS market is segmented based on service, and geography.

Telecom Electronic Manufacturing Services (EMS) Market By Service

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

According to the telecom electronic manufacturing services (EMS) industry analysis, electronic manufacturing sub-segment accounted for majority of the share in 2021 and is expected to do so in the coming years. OEMs are capitalizing on the trend of outsourcing product design and development to subcontractors in order to gain two major benefits: a shift from fixed to variable cost and a reduction in overall cost. However, according to telecom EMS market forecast, electronic design and engineering services sub-segment is likely to grow with substantial growth rate from 2022 to 2030. The adoption of 5G technologies and increasing use of IoT are the prominent factors that are supporting electronic design and engineering services.

Telecom Electronic Manufacturing Services (EMS) Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Telecom Electronic Manufacturing Services (EMS) Market Regional Analysis

Asia-Pacific was the main income giver in the worldwide field in 2021. The area is foreseen to hold its situation until 2030, advancing at the most astounding CAGR of over 8% during the forecast period. There is an expanding pattern among OEMs of outsourcing product configuration process, which enables them to concentrate on center skills. The pattern is increasing critical energy in the area, which is assessed to enhance the development of the market. Moreover, Asia-Pacific has been a vital electronic generation center for very nearly 10 years attributable to low work cost and this factor has assumed an essential job in the strength of the district in the course of recent years.

Be that as it may, as of late, with an increase in labor cost in the region, a few nations, for example, China and other Southeast Asian nations are concentrating on re-developing themselves as makers of complex items. For example, Vietnam is anticipated to develop as the next hub of electronics component production due to funds offered by giants, for example, Samsung Electronics and LG Electronics, which has expanded the nation's noticeable quality in this store network. Every one of these variables are ready to expand the regional market.

Telecom Electronic Manufacturing Services (EMS) Market Players

Some of the telecom EMS market companies Benchmark Electronics Inc., Compal Inc., Celestica Inc., Venture Corporation Limited, Creation Technologies LP, Hon Hai Precision Industry Co. Ltd., FLEX LTD., Jabil Inc., Sanmina Corporation, Plexus Corporation, and Wistron Corporation. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, and acquisitions.