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Electronics Manufacturing Service Market to grow by USD 188 Billion from 2025-2029, driven by rising service providers in low-wage economies, AI impact – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is driving market transformation- The global electronics manufacturing service market size is estimated to grow by USD 188 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 6.6%  during the forecast period. Increasing number of electronics manufacturing services providers in economies with low hourly wages is driving market growth, with a trend towards collaborative co-innovation partnership with electronics manufacturing services providers. However, risk of intellectual property theft and misuse  poses a challenge. Key market players include 3CEMS Group, Accton Technology Corp., Benchmark Electronics Inc., Celestica Inc., Compal Electronics Inc., Creation Technologies LLC, Data IO Corp., Elbit Systems Ltd., ESCATEC Sdn. Bhd., Flex Ltd., Hon Hai Precision Industry Co. Ltd., Integrated Micro Electronics Inc., Jabil Inc., Key Tronic Corp., Kimball Electronics Inc., Kitron ASA, Neo Tech Inc., Plexus Corp., Sanmina Corp., and Venture Corp. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Electronics Manufacturing Service Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 6.6%

Market growth 2025-2029

USD 188 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.2

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 56%

Key countries

China, US, Taiwan, Japan, Canada, Germany, Brazil, UK, UAE, and France

Key companies profiled

3CEMS Group, Accton Technology Corp., Benchmark Electronics Inc., Celestica Inc., Compal Electronics Inc., Creation Technologies LLC, Data IO Corp., Elbit Systems Ltd., ESCATEC Sdn. Bhd., Flex Ltd., Hon Hai Precision Industry Co. Ltd., Integrated Micro Electronics Inc., Jabil Inc., Key Tronic Corp., Kimball Electronics Inc., Kitron ASA, Neo Tech Inc., Plexus Corp., Sanmina Corp., and Venture Corp. Ltd.

Market Driver

The Electronics Manufacturing Services (EMS) market is experiencing significant trends in various industries. In healthcare, there’s in demand for medical devices and equipment. The automotive sector is witnessing a shift towards sub-assembly manufacturing, testing, and component assembly & re-engineering for advanced vehicle systems. Industrial output is increasing with the adoption of new technologies like virtual reality, 3D printing, and structural electronics. The coronavirus pandemic has disrupted the electronics supply chain, highlighting the need for cybersecurity measures. Capacitors, connectors, LCD panels, and other components are in high demand across Consumer Electronics, Aerospace & Defense, IT and Telecom, IoT, and Electric vehicles. Productivity levels are improving due to new technologies and EMS providers are focusing on E-waste recycling and Greener Electronic Devices. The Global E-waste Monitor 2020 reports growing urban and population growth leading to increased electronic waste. Low-income individuals are being targeted with affordable smart home products, smartphones, and televisions. Structural electronics penetration is increasing in high-end autos and space vehicles. EMS providers are offering logistics services and engineering services to OEMs. The demand for IoT-enabled cars and electric car sales is driving growth in the electronics manufacturing industry. Structural electronics are being used in various applications from smartphones to smart homes and urban infrastructure. Zero-waste nations are pushing for circular economy solutions, and EMS providers are responding with innovative approaches to electronic equipment manufacturing and structural electronics demand. The future of the EMS market is bright, with continued growth and innovation in various sectors. 

Electronics manufacturing services (EMS) outsourcing involves collaborative partnerships between customer organizations and service providers. These partnerships require risk and value sharing, resulting from the joint functioning of both parties. Co-innovation is a key aspect of these collaborations, where knowledge is exchanged to create new solutions and products, generating significant value. Despite the increasing challenges and risks in EMS adoption, successful outsourcing relationships continue. EMS providers are viewed as strategic partners, integrated into their clients’ supply chains. 

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 Market Challenges

•         The Electronics Manufacturing Services (EMS) market faces several challenges in various industries. In healthcare, ensuring regulatory compliance and maintaining productivity levels are key concerns. In automotive, sub-assembly manufacturing, testing, and component assembly & re-engineering are crucial for OEMs. The electronics supply chain is impacted by coronavirus, cybersecurity risks, and new technologies like virtual reality, 3D printing, and structural electronics. Industries like healthcare, automotive, consumer electronics, aerospace & defense, IT and telecom, IoT, and electric vehicles drive demand for capacitors, connectors, LCD panels, and other components. EMS providers must adapt to new technologies and the circular economy, focusing on e-waste recycling and greener electronic devices. Urban and population growth increase the need for logistics services and engineering services. Low-income individuals benefit from smart home products, smartphones, and televisions. Structural electronics penetration is growing in high-end autos, space vehicles, and IoT-enabled cars. Electric car sales and electronic equipment manufacturing require structural electronics demand. EMS providers must address these challenges to remain competitive in the ever-evolving electronics manufacturing industry.

•         The electronics manufacturing service market encounters a significant challenge with the risk of intellectual property (IP) theft. Many electronics businesses guard their manufacturing designs closely, implementing strict policies to safeguard against outsourcing to electronic manufacturing services (EMS) providers. EMS providers work under contract, catering to multiple businesses, increasing concerns over potential IP technology and design leakage, data theft, and misuse. Despite thorough documentation before awarding contracts, these fears persist. EMS providers must ensure security measures to mitigate these risks and maintain trust with their clients.

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Segment Overview 

This electronics manufacturing service market report extensively covers market segmentation by  

End-user 1.1 C and CA1.2 Telecommunication1.3 Industrial1.4 Automotive1.5 OthersService Type2.1 Electronics design and engineering2.2 Electronics assembly2.3 Electronics manufacturing2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 C and CA-  The global Electronics Manufacturing Services (EMS) market is experiencing significant growth, particularly in the Computing and Consumer Appliances (C&CA) segment. This segment includes consumer electronics devices, data centers, and consumer appliances. The primary driver of this growth is the increasing demand for consumer electronic devices such as smartphones, tablets, laptops, AR/VR devices, gaming consoles, and wearable devices. Technological advancements, including air gesture and facial recognition technologies, are leading to the adoption of advanced sensor technologies in smartphone cameras. ToF sensors and cameras are increasingly being implemented in various consumer electronic devices. The consumer electronics sector is witnessing continuous innovation and competition, leading manufacturers to differentiate their offerings and outsource manufacturing services. The global consumer electronics market is expected to grow at a Compound Annual Growth Rate (CAGR) of over 6% during the forecast period. Emerging markets in Asia Pacific (APAC) and South America are major contributors to this growth, driven by factors such as population growth, improving economic conditions, increasing employment rates, and rising income levels. Data centers in computing applications present significant opportunities for EMS vendors. With the increasing Internet penetration, rising adoption of IoT devices, and the growing implementation of automation technologies, data traffic is experiencing exponential growth. Business enterprises need to securely store this data, leading to the construction of many data centers globally. This will accelerate the demand for data center components such as racks, cooling solutions, servers, storage devices, and power management systems. The increasing investments in data centers will result in the demand for many electronic components from data center equipment manufacturers, thereby accelerating the demand for electronic manufacturing services.

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Research Analysis

The Electronics Manufacturing Services (EMS) market encompasses a wide range of services, including healthcare and automotive sub-assembly manufacturing, testing, component assembly and re-engineering, and engineering services. The industry’s industrial output is driven by the demand for new technologies such as virtual reality, 3D printing, and structural electronics. Capacitors, connectors, LCD panels, and other components are essential in the production of various electronic devices, from smart home products and smartphones to industrial equipment. New technologies continue to push productivity levels higher, enabling OEMs to bring innovative products to market faster. E-waste recycling is a critical aspect of the industry, ensuring the sustainable production of electronics while minimizing environmental impact. The EMS industry caters to a diverse range of sectors, from healthcare and automotive to consumer electronics, and even low-income individuals, who benefit from affordable and accessible electronic devices.

Market Research Overview

The Electronics Manufacturing Services (EMS) market encompasses a wide range of industries and technologies. In healthcare, EMS providers support the production of medical devices and equipment. In automotive, sub-assembly manufacturing, testing, and component assembly & re-engineering are crucial for the production of advanced electronics in vehicles. Industrial output is boosted by EMS providers in sectors like virtual reality, 3D printing, and consumer electronics. The coronavirus pandemic has disrupted electronics supply chains, highlighting the need for cybersecurity measures. Capacitors, connectors, LCD panels, and other components are key elements of electronics manufacturing. New technologies like structural electronics, IoT, and 3D technologies are driving innovation. E-waste recycling is a critical issue, with initiatives like Greener Electronic Devices and the Global E-waste Monitor 2020 promoting circular economy principles. The electronics manufacturing industry also addresses the needs of various sectors such as healthcare, automotive, aerospace & defense, IT and telecom, and consumer electronics. Urban growth and population expansion increase the demand for electronics, particularly smart home products, smartphones, televisions, and electric vehicles. Structural electronics penetration is growing in high-end autos, space vehicles, and IoT-enabled cars. EMS providers offer logistics services, engineering services, and support OEMs in the production of electronics. The shift towards zero-waste nations and greener electronic devices is a significant trend.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userC And CATelecommunicationIndustrialAutomotiveOthersService TypeElectronics Design And EngineeringElectronics AssemblyElectronics ManufacturingOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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AI-Powered Connectivity: APAC Charts a Path to a Smarter Digital Future

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Asia-Pacific’s first Broadband Development Summit brings regulators and operators to Bangkok to set the agenda

BANGKOK, July 19, 2026 /PRNewswire/ — Government officials, standards bodies and telecom operators gathered in Bangkok on 14 July for the inaugural Broadband Development Summit APAC 2026, convened by the World Broadband Association (WBBA) to build consensus on AI-era networks.

Participants included the ITU, Thailand’s National Board of the Digital Economy and Society, WBBA, IAB, FNCAP, WAA, NIDA and the IPv6 Council, alongside operators Telkomsel, XLSmart, Surge, Globe, AIS, CMI and HKT and Huawei.

Denny Deng, President of Huawei Asia Pacific Carrier Business, envisions a “faster, smarter, greener” Asia-Pacific.

VOICES FROM THE SUMMIT

“To seize the opportunities of the AI era, we call on the industry to accelerate broadband evolution, advance computing-network synergy, and strengthen the cross-border connectivity. Together, let us build faster, smarter, and greener digital infrastructure for Asia-Pacific.”
— Denny Deng, President of Asia Pacific Carrier Business, Huawei

“High-speed broadband is no longer just about ‘getting online’ — it is the vital infrastructure upon which the entire AI revolution is being built. We view AI not merely as a tool, but as a primary engine for national competitiveness and a catalyst for improving the quality of life for all.”
— Wetang Phuangsup, Ph.D., Secretary-General, the National Board of the Digital Economy and Society, Thailand

“Three initiatives define the road to 2030. We must close the quality divide so the value of broadband reaches everyone. We must build AI-ready networks — 10G access, 800GE cores, intelligence end to end. And we must do it together, through shared standards.”
— Martin Creaner, Director General of WBBA

“Moving towards next-generation networks, network architectures must continue to evolve to deliver broader connectivity, superior quality, enhanced security, and greater intelligence. This evolution is essential for Net5.5G, positioning the network not simply as infrastructure, but as the foundation that enables AI, strengthens resilience and efficiency, and supports digital transformation across industries.”
— Dhruv Dhody, Industry Standardization Expert at Huawei, Chair of the IAB, IETF

“Across Asia-Pacific, fibre is extending beyond homes and offices into rooms, devices, and machines. By working together, we can accelerate fibre innovation and adoption to build truly AI-ready infrastructure.”
— Ilham Nandana, Chair of the Market Intelligence Committee, Fiber Network Council APAC (FNCAP)

“We fixed it before you feel it!  AIS is redefining premium home broadband by combining ultra-fast connectivity with AI-driven network intelligence and smart home ecosystem — delivering proactive, invisible service excellence that transforms connectivity into differentiated customer value and sustainable ARPU growth.”
— Thanit Chaiyaboonthanit, Head of Technology Department, Broadband Business, AIS

“Connecting the Unconnected: Affordable Broadband at Scale. Create equal access to global information and empower Indonesia’s digital society.”
— Shannedy Ong, CTO of Surge Indonesia

“Beyond Connectivity: Telkomsel is transforming into a true value creator. By leveraging our FBB market-leading footprint, we power growth through service excellence, customer loyalty, and a next-generation home ecosystem.”
— Stanislaus Susatyo, Director of Sales, Telkomsel Indonesia

“We stopped treating AI as an add-on feature. Instead, our approach at Globe starts with architecture, embedding intelligence into the very core of how we build, how we sell, and how we operate.
AI continuously monitors network health, customer behavior and service quality. Rather than waiting for failures, the system predicts degradation and initiates corrective actions. By maintaining minute-level awareness of network health, our systems automatically resolve 30% of all Wi-Fi issues without any human intervention.”
— Danny Theseira, Head of Broadband Business Group at Globe Telecom

“Huawei is driving the Optics-AI Synergy to foster their collaborative growth. Through AI-ON, operators could build an AI-centric all-optical target network and establish 1-5-20ms latency circles across the Asia Pacific region. AI-ON also supports efficient computing access and usage while delivering an ultimate network experience through gigabit/ultra-gigabit home broadband, accelerating the widespread adoption of AI services.”
— Kim Jin, Vice President & Chief Marketing Officer Optical Business Product Line, Huawei

“Connectivity is not just about technology. It is a lifeline, a platform for opportunity, and a driver of sustainable development. I believe the intersection of connectivity and artificial intelligence will shape the future of smarter, more resilient networks.”
— Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau, ITU

“Performance and user experience are the essential path to the next-generation WLAN. Based on standards and AI-driven innovation, let’s jointly explore the path to the future autonomous WLAN with all the stakeholders.”
— Dr. Crane H. Yang, Secretary-General, World WLAN Application Alliance (WAA)

“At the summit, NIDA and WBBA signed an MOU to accelerate next-generation network evolution and establish pioneering smart city benchmarks through the co-development of industry standards, the harmonization of global regulations, and the sharing of vertical industry insights.
NIDA focuses on advancing network architecture standards, while WBBA drives global consensus on broadband evolution. This natural strategic complementarity creates vast opportunities for future collaboration.”
— Joey Deng, Secretary-General of NIDA

“ION-2030 develops the global standard for next generation optical networks in the AI era. It provides exceptional AI application and service experience. The WBBA and ITU will jointly accelerate its development, and this is a unique opportunity for Asia-Pacific stakeholders to actively influence the future of optical broadband networks.”
— Dr. Marcus Brunner, Chief Expert Standardization, WBBA WG1 Chair and Vice-Chair of ETSI ISG F5G

“The transition into the AI era demands a high-quality, deterministic digital foundation. By releasing Net5.5G policy guidelines, Malaysia is accelerating the evolution of next-generation network standards based on IPv6, establishing an innovative infrastructure to unleash AI’s value and drive a prosperous digital economy for 2030.”
— Prof. Sureswaran Ramadass, Chair of APAC at IPv6 Council, Industry Partner of WBBA

“The digital economy is thriving across the Asia-Pacific region, with AI emerging as a core catalyst for intelligent transformation. China Mobile International (CMI) is driving regional growth by integrating China’s advanced AI capabilities with comprehensive communications, computing, and AI services. Moving forward, CMI will collaborate closely with industry partners to foster a shared, AI-driven future for the region.”
— Paul Lin, Managing Director of Commercial and Technology, Asia Pacific, China Mobile International

“Next-generation network infrastructure is the oxygen of the intelligent economy. By integrating cutting-edge 800G connectivity with quantum-safe security, HKT is laying the essential foundations to keep Hong Kong’s enterprises highly competitive, secure, and ready for the computing paradigm shifts of tomorrow.”
— Wilson Cheung, Vice President, Broadband Design & Cyber Security, HKT

“The evolution toward Net5.5G AI WAN is an important step in strengthening XLSMART’s transport network for the future. By progressively adopting AI-assisted operations, SRv6, SDN, service differentiation, and higher-capacity transport infrastructure, we are enhancing network intelligence, operational efficiency, and service resilience while supporting long-term sustainability. This transformation is a continuous journey that aligns with the industry’s vision of AI-native broadband networks. Through collaboration with our technology partners and the broader ecosystem, we will continue to develop capabilities that deliver better network performance and support Indonesia’s growing digital connectivity needs.”
— Regie Ginanjar, Head of Transport Autonomy & Orchestration, Transport Network Transformation, XLSMART

“For the AI era, Huawei upgrades the IP bearer network via security resilience, multi-dimensional awareness, and network autonomy. This empowers carriers to guarantee service experience, accelerate monetization, and enhance efficiency, ushering in a new chapter of intelligent connectivity.”
— Arthur Wang, Vice President of Data Communication Product Line, Huawei

A CONVERGING VIEW

Speakers agreed AI is shifting networks from connectivity to intelligent connectivity, as broadband, IP, computing and cross-border infrastructure converge to support innovation and coordination.

WBBA launched the AI-Net Certification, a global benchmark for national policy, industrial ecosystems and network intelligence. XLSmart was named first AI-Net Champion, and Indonesia was among the first with a certified operator, backed by its Net5.5G roadmap.

In another high-profile segment, WBBA Director General Martin Creaner presented the Gigacity Certification to KOMDIGI, SURGE, Telkomsel, AIS, TRUE, HKT and Globe, recognizing regional broadband pioneers.

 

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SOURCE HUAWEI

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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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