Telecom Electronic Manufacturing Services Market Future Challenges & AnalysisPosted by Neha Bora on February 7th, 2020 San Francisco, 7 February 2020: The Report Telecom Electronic Manufacturing Services (EMS) Market Analysis Report By Service (Electronic Manufacturing, Electronic Engineering, Electronic Assembly, Supply Chain Management) And Segment Forecasts, 2018 – 2025 The global telecom electronic manufacturing services (EMS) market size is likely to reach USD 230.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% during the forecast period. IoT is the next key trend and is estimated to support the telecom industry in terms of revenue generation and infrastructure expansion, which is subsequently estimated to drive the market over the forecast years. Furthermore, mobile connectivity has improved tremendously over the past few years and penetration of wireless devices has witnessed healthy growth over the years. This trend is poised to continue over the next few years and positively impact the telecom EMS market growth. With such unprecedented growth in the telecom world, players are often challenged to keep pace with their products as well as service offerings. However, with changing market dynamics in the telecom sector and growing focus on offering higher customer value, equipment vendors are aiming to make it big in the service offering field. Thus, the industry has been experiencing a shift toward outsourcing activities. This is, in turn, stoking the growth of the market. Access Research Report of Telecom Electronic Manufacturing Services Market @ https://www.grandviewresearch.com/industry-analysis/telecom-electronic-manufacturing-services-ems-market Further key findings from the report suggest:
Grand View Research has segmented the global telecom EMS market on the basis of services and region: Telecom EMS Service Outlook (Revenue, USD Billion, 2015 - 2025)
Telecom EMS Regional Outlook (Revenue, USD Billion, 2015 - 2025)
Like it? Share it!More by this author |