According to a market report by Lucintel, the future of the global telecom electronic manufacturing service market looks promising with opportunities in the electronics assembly, electronic design & engineering, electronic manufacturing, and supply chain management markets. The global telecom electronic manufacturing service market is expected to reach an estimated $149.1 billion by 2030 from $98.8 billion in 2024, at a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are rapid modernization of the existing industrial systems, improvements in the wireless communication infrastructure, and growing focus on timely service delivery to the customers.
A more than 150-page report to understand trends, opportunity and forecast in telecom electronic manufacturing service market to 2030 by product type (computing devices and equipment, servers and routers, RF and microwave, fiber optic devices, transceivers and transmitters), service (electronic design and engineering, electronics assembly, electronic manufacturing, supply chain management, and others), application (small & medium enterprises and large enterprises), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that transceivers and transmitters will remain largest segment over the forecast period due to rapid expansion of IT infrastructure and IT-based solutions and growing storage processing for data communication and telecommunication.
Within this market, electronic design and engineering services is expected to witness the highest growth over the forecast period due to advancement in technology, including big data, sensors, and wireless communication that have reshaped the technological landscape through IOT (internet of things) and growing consumer demands.
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APAC will remain the largest region over the forecast period due to increasing number of users of smart and interconnected devices, rapid industrialization, population growth, and the rising purchasing power of consumers in the region.
Benchmark Electronics, Celestica, Compal, Creation Technologies, FLEX, Jabil, Plexus Corporation, Sanmina Corporation, Venture Corporation, Wistron Corporation are the major suppliers in the telecom electronic manufacturing service market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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