Telecom Electronic Manufacturing Services Market Size [2031]
Telecom Electronic Manufacturing Services Market Size [2031]
Segments - Telecom Electronic Manufacturing Services Market by Product Type (Transceivers & Transmitters, Fibre Optic Devices, and Computing Devices), Service (Electronics Assembly, Electronic Design & Engineering, Electronic Manufacturing, and Supply Chain Management), Application (Small & Medium Enterprises and Large Enterprises), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-5354
| 4.7 Rating
| 85 Reviews
| 201 Pages
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Report Description
The global telecom electronic manufacturing services market size was valued at USD 155 Billion in 2022 and is likely to reach USD 302.8 Billion by 2031, expanding at a CAGR of 8.2% during the forecast period, 2023–2031. The market is propelled by the rising smartphone subscription rates and subsequent demand for telecom electronic manufacturing services (EMS) from the telecom sector.
Telecom electronic manufacturing services (EMS) are solutions offered by a specific class of manufacturers that design, manufacture, and test the telecom hardware and other value-added services for Original Equipment Manufacturers (OEMs) and telecom service providers.
The manufacturers and service providers outsource telecom electronic manufacturing services to gain a competitive advantage in the industry by focusing on core business operations such as research & development, sales, and marketing. The EMS companies help drive the production process of the OEMs by providing a basis for optimal design performance and cost-effective production in the manufacturing process.
Telecom electronic manufacturing services are widely adopted by various industries such as communications, automotive, consumer electronics, computers, healthcare, and manufacturing. The healthcare and defense sector relies on EMS companies for producing high-precision and reliable electronic assemblies to be incorporated into the devices.
The EMS companies help OEMs to develop high-speed production capabilities with exceptionally fast turnaround times in a manufacturing setup. The OEMs can focus on building marketing campaigns, research & development, and responsive customer service modules to create value-added services for the consumers. The EMS companies help telecom companies by providing devices with high data processing integrity without interference.
The market report finds that the COVID-19 pandemic has affected the telecom electronic manufacturing services market due to disruptions in the supply chain. Pandemic-induced complications in the supply chain metrics due to lockdown measures and associated complexities have impacted the manufacturing outcome of the telecom EMS companies significantly.
Telecom Electronic Manufacturing Services Market Dynamics
Major Drivers
Rising demand for telecommunication devices such as smartphones, wireless phones, routers, and modems is expected to drive the market. According to Oberlo, a subsidiary of Shopify and a dropshipping solutions provider, there are 6.8 billion smartphone users worldwide as of February 2023, while mobile web traffic accounts for 54.8 % of worldwide web traffic.
In February 2023, internet traffic through mobile phones constituted 60.67% of all internet traffic. The digital transition of industries and the rising rate of mobile subscriptions are contributing significantly to the growth of the market.
Existing Restraints
The high cost of hiring and training skilled professionals in EMS companies is likely to hinder the market. EMS companies are providing technical assistance to OEMs by providing highly skilled labor and infrastructure to boost productivity and efficiency. The training sessions are conducted periodically to train the workforce about the latest developments in the technological landscape and to improve product quality.
Emerging Opportunities
The growing implementation of 5G technology in the telecom infrastructure is likely to create significant opportunities for the market. According to Ericsson Mobility November 2022 report data and forecasts, by the end of 2028, 5G subscriptions are anticipated to account for 55 percent of all mobile subscriptions globally. The emergence of 5G technology and subsequent expansion of 5G infrastructure impacts the market positively.
Scope of Telecom Electronic Manufacturing Services Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Telecom Electronic Manufacturing Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Product Type (Transceivers & Transmitters, Fibre Optic Devices, and Computing Devices), Service (Electronics Assembly, Electronic Design & Engineering, Electronic Manufacturing, and Supply Chain Management), Application (Small & Medium Enterprises and Large Enterprises) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
FLEX LTD.; Sanmina Corporation; Fabrinet; Jabil Inc.; Hon Hai Precision Industry Co., Ltd.; Compal Inc.; Celestica Inc.; Benchmark Electronics, Inc.; Plexus Corp.; and Wistron Corporation |
Telecom Electronic Manufacturing Services Market Segment Insights
Product Type Segment Analysis
Based on product type, the telecom electronic manufacturing services market is segregated into transceivers & transmitters, fibre optic devices, and computing devices. The transceivers & transmitters segment is expected to expand at a substantial growth rate during the projection period due to their growing need for expanding and upgrading telecom infrastructure.
Telecom services providers are upgrading networks to offer 5G connectivity for subscribers. The demand for transceivers and transceivers is driven by the telecom infrastructure upgradation worldwide.
Service Segment Analysis
On the basis of service, the global market is segmented into electronics assembly, electronic design & engineering, electronic manufacturing, and supply chain management. The electronic manufacturing segment is projected to register a considerable CAGR during the forecast period owing to the rising integration of communication capabilities in consumer electronics devices and smartphones.
Consumers prefer connected devices for convenience and utility. The manufacturers are integrating communication features in consumer appliances and utility devices to drive value in the business. This continuous development and advancements in the electronics industry fuel the market.
Application Segment Analysis
Based on application, the telecom electronic manufacturing services market is divided into small & medium enterprises and large enterprises. The large enterprises segment is expected to expand at a significant growth rate during the projection period due to the high-speed production capabilities and quality assurance offered by the EMS companies.
Large enterprises prefer subcontracting the services such as design, electronic assembly, and supply chain management to EMS companies to enhance the quality of the product and business outcomes. Large enterprises divert resources to enhance core competencies such as research & development, sales, and marketing.
Regional Analysis
In terms of region, the global telecom electronic manufacturing services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period owing to the rising user base of smart and connected devices, industrialization, population, and increasing spending capacities of consumers.
Emerging economies such as India, and China in Asia Pacific are going through a transformative phase due to supportive government policies for the manufacturing industries and the emergence of 5G technology. The rising digitization and dependence on smart technology in the region are majorly supporting the market growth in the region.
Segments
The telecom electronic manufacturing services market has been segmented on the basis of
Product Type
- Transceivers & Transmitters
- Fibre Optic Devices
- Computing Devices
Service
- Electronics Assembly
- Electronic Design & Engineering
- Electronic Manufacturing
- Supply Chain Management
Application
- Small & Medium Enterprises
- Large Enterprises
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- FLEX LTD.
- Sanmina Corporation
- Fabrinet
- Jabil Inc.
- Hon Hai Precision Industry Co., Ltd.
- Compal Inc.
- Celestica Inc.
- Benchmark Electronics, Inc.
- Plexus Corp.
- Wistron Corporation
Competitive Landscape
Key players competing in the global telecom electronic manufacturing services market are FLEX LTD.; Sanmina Corporation; Fabrinet; Jabil Inc.; Hon Hai Precision Industry Co., Ltd.; Compal Inc.; Celestica Inc.; Benchmark Electronics, Inc.; Plexus Corp.; and Wistron Corporation
These major companies in the market are adopting various development strategies including mergers, acquisitions, partnerships, collaboration, innovations, and operation expansions to raise their consumer base worldwide. For instance,
- In March 2022, Sanmina Corporation announced that Indian giant Reliance Industries is planning to invest up to USD 221 Million to expand its electronics manufacturing operations. The joint venture is formed to create a world-class telecom electronic hardware manufacturing hub in India.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Telecom Electronic Manufacturing Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telecom Electronic Manufacturing Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telecom Electronic Manufacturing Services Market - Supply Chain
4.5. Global Telecom Electronic Manufacturing Services Market Forecast
4.5.1. Telecom Electronic Manufacturing Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telecom Electronic Manufacturing Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Telecom Electronic Manufacturing Services Market Absolute $ Opportunity
5. Global Telecom Electronic Manufacturing Services Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
5.3.1. Small & Medium Enterprises
5.3.2. Large Enterprises
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Telecom Electronic Manufacturing Services Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
7. North America Telecom Electronic Manufacturing Services Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
7.4.1. Small & Medium Enterprises
7.4.2. Large Enterprises
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
8. Latin America Telecom Electronic Manufacturing Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
8.4.1. Small & Medium Enterprises
8.4.2. Large Enterprises
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
9. Europe Telecom Electronic Manufacturing Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
9.4.1. Small & Medium Enterprises
9.4.2. Large Enterprises
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
10. Asia Pacific Telecom Electronic Manufacturing Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
10.4.1. Small & Medium Enterprises
10.4.2. Large Enterprises
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
11. Middle East & Africa Telecom Electronic Manufacturing Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Telecom Electronic Manufacturing Services Market Size and Volume Forecast by Applications
11.4.1. Small & Medium Enterprises
11.4.2. Large Enterprises
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Telecom Electronic Manufacturing Services Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Telecom Electronic Manufacturing Services Market: Market Share Analysis
12.2. Telecom Electronic Manufacturing Services Distributors and Customers
12.3. Telecom Electronic Manufacturing Services Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. FLEX LTD. Sanmina Corporation Fabrinet Jabil Inc. Hon Hai Precision Industry Co., Ltd. Compal Inc. Celestica Inc. Benchmark Electronics, Inc. Plexus Corp. Wistron Corporation
Methodology
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