Global telecom electronic manufacturing services market is anticipated to grow at a significant CAGR of 14.7% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of 5G technology owing to the increasing deployment of 5G infrastructure driving the market growth. According to the Institute of Electrical and Electronics Engineers (IEEE), in August 2022, the global 5G infrastructure market value surpass $60.0 billion by 2028. The increasing application of telecom electronic manufacturing services in computing devices & equipment, servers & routers, RF & microwave, fiber optic devices, and transceivers & transmitters. For instance, in August 2023, VVDN Technologies introduced the availability of reliable, secure, deployment-ready end-to-end 5G enterprise solutions. The private 5G solution comprises VVDN’s indigenously designed ORAN Radio Units, customized CU/DU, and 5G Core.
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By bringing the manufacturing of fibre-optic broadband access products participants can work to bridge the digital divide. To support their efforts to build robust and resilient high-tech fibre broadband networks that connect people and societies. For instance, in August 2023, Nokia Corp. announced the manufacturing of fibre-optic broadband network electronics products and optical modules in the US for use in the Broadband Equity, Access, and Deployment (BEAD) program. By manufacturing fibre-optic technology in the US, Nokia was able to supply its products and services to critical projects like BEAD focused on narrowing the digital divide, helping to further contribute to the nation’s economic growth and job creation.
The utilization of telecom electronic manufacturing services has demonstrated its value in the development of a variety of solutions. Such as the telecommunications industry, delivering enhanced value to society through a diverse spectrum of solutions. For instance, in February 2024, GSM Association introduced the open gateway initiative, to four prominent Indonesian telecommunications operators. The new gateway initiative developers and businesses accelerate the growth of digital services and apps for customers by ensuring they work seamlessly with the country’s mobile networks and hundreds of others globally.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Service
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- FLEX LTD., Hon Hai Precision Industry Co., Ltd., Jabil Inc., Sanmina Corp., and, SIIX Corp., among others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Telecom Electronic Manufacturing Services Market Report Segment
By Service
- Electronic Design & Engineering
- Electronics Assembly
- Electronic Manufacturing
- Supply Chain Management
By Application
- Computing Devices & Equipment
- Servers & Routers
- RF & Microwave
- Fiber Optic Devices
- Transceivers & Transmitters
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Telecom Electronic Manufacturing Services Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Benchmark Electronics, Inc.
- Celestica Inc.
- Creation Technologies Ltd.
- Fabrinet Company Ltd.
- Key Tronic Corp.
- Kimball Electronics, Inc.
- NEOTech
- OSI Systems, Inc.
- Plexus Corp.
- Shenzhen Kaifa Technology Co., Ltd.
- SIIX Corp.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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