Global EMS Market Seeing Healthy Growth

27 June 2024

The worldwide electronic manufacturing services market is continuing to expand. It is expected to experience a compound annual growth rate (CAGR) above 5% between now and 2032 - according to Global Market Insights.

That means it will go from an annual worth of $580 billion in 2023 to $857 billion by the end of that time period. Key drivers for this increase will be growing opportunities in areas like smartphone handsets, 5G infrastructure, consumer wearables, aftermarket automotive, digital healthcare, etc.

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