ODM and EMS Wi-Fi Devices Market Segmented By Wi-Fi Access Points, Wi-Fi Routers, Wi-Fi Adapters Product
Industry: IT and Telecommunication
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP32830
The market for ODM and EMS Wi-Fi devices was valued at US$ 8,303.4 Mn in 2022, and it is expected to grow to US$ 40,135.1 Mn by the end of 2033.The market for OEM and EMS Wi-Fi devices is predicted to grow at a CAGR of 15.5% from 2023 to 2033.
Electronics Manufacturing Services (EMS) and Original Device Manufacturer (ODM) are two distinct terms. An important contract manufacturer in the electronics industry is an EMS. It also involved product development, software design assistance, and other value-added services like configure to order, outbound logistics, and supply chain management. Because of the rapid internet, ODM and EMS Wi-Fi gadgets are widely used in the modern world.
The penetration of EMS providers is increasing significantly as the costs of electronics devices and other products rise. The rapidly expanding semiconductor industry of the ODM and EMS markets. The market for ODM and EMS Wi-Fi devices has grown in tandem with the growth of consumer electronics and computers. The high costs of EMS management procedures and equipment may limit the global expansion of the ODM and EMS markets. The distance between production and consumption is getting shorter, and new customer-supplier relationships driven by the Internet and social media are challenging established supply chain models based on economies of scale.
A more diverse product mix and end markets, low labor inputs, increasing momentum in notebook computer manufacturing, and increasing saturation in PC outsourcing are just a few of the primary drivers driving market growth. It is anticipated that the market's expansion will be aided by the rising use of ODM and EMS in a variety of sectors, including automotive manufacturing and consumer electronics manufacturing.
Despite the fact that the market for ODM and EMS Wi-Fi devices is transparent, the possibility of fraud cannot be eliminated. As a result, both the buyer and the seller must undergo extensive background checks prior to participating in the transaction.
In terms of the regional market landscape, the market in North America held a leading market share of 25.0% in the global landscape in 2022 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for OEM and EMS Wi-Fi devices in the Europe region will hold around 20.1% of the market in 2022.
Attributes | Key Insights |
---|---|
ODM and EMS Wi-Fi Devices Market Size (2023) |
US$ 9,534.3 Mn |
Projected Market Value (2033) |
US$ 40,135.1 Mn |
Global Market Growth Rate (2023-2033) |
15.5% |
Wifi Routers Segment Market Share (2022) |
40.1% |
U.S. Market Share (2022) |
18.1% |
Individuals Segment Market Share (2022) |
35.4% |
“Expansion in Semiconductor Industry”
The prevalence of ems providers is skyrocketing, and the prices of electronic devices and products associated with them continue to rise. One of the primary drivers of ODM and EMS market expansion is the ever-expanding semiconductor industry. As computers and consumer electronics become more popular, the ODM industry is expanding significantly.
Increasing momentum in notebook PC manufacturing, a more diverse product mix, and more diverse end markets are just a few of the primary drivers driving the growth. The use of ODM and EMS in a variety of businesses, including the production of consumer hardware and automobiles, is expected to help the market grow. Technologies and services that are changing quickly are reshaping industries everywhere.
“Industrialization and Digitalization in Developing Economies on ODM and EMS Wi-Fi Devices”
The United States is the most profitable market for ODM and EMS Wi-Fi devices in the North American region, and this position is expected to be maintained throughout the forecast period. The utilisation of cutting-edge electronic equipment has increased as a result of the expanding global penetration of technological devices. Regional development is the proliferation of government innovations to encourage industrialization and digitalization in developing economies.
In 2022, the U.S. ODM and EMS Wi-Fi device market helped the country to account for a dominant share of 18.1% in the global marketplace.
The majority of the growth can be attributed to the rising use of smart home devices in developed economies around the world. Among the electronic trends that are supplied by corporations in industrialized nations are the production of radio frequency and wireless devices, optoelectronic services, and microelectronic devices for the ongoing smart home trends.
To fabricate connected contraptions for brilliant homes, key pioneers are relying on artificial intelligence, distributed computing, 3D printing, and massive data examination to further develop their assembling areas to incorporate new advancements and meet the business's solid demand for savvy home administrations.
In China, ODM and EMS Wi-Fi device market is expected to advance at a phenomenal 13.4% CAGR through 2033.
“Rapid Advancement in Digital Infrastructure”
Over the past few years, global Internet service providers have benefited significantly from the rising use of the Internet. Rapid advancements in digital infrastructure and services are driving expansion, particularly in developing economies with low Internet penetration. ODM and EMS Wi-Fi device growth is being fuelled by increasing virtualization in the IT industry, rising demand for centralised data storage, and rising data security concerns across all data-sensitive businesses.
In ODM and EMS Wi-Fi device market in Germany held the market share of 11.1% in 2022.
Why Wifi Routers is more demanding in ODM and EMS Wi-Fi Devices Market?
Based on product, the market is segmented into Wi-Fi access points, Wi-Fi routers, Wi-Fi adapters, and others. Wi-Fi routers held 40.1% of the global market in 2022 and are expected to hold that position for the next ten years. Customers are looking for router manufacturers that can make it simple for even non-technical users to put the router together on their own.
They want routers to come with ports that are clearly labelled, color-coded, and have basic configuration pre-sets built in from the factory, making it easy for users to connect everything when they buy a router. The use of a Wi-Fi router in many online games, the rising consumer demand for web-capable devices, the expansion of IP traffic, and the increased number of devices connected to the router.
In ODM and EMS Individual Segment holds the largest market share?
The market is divided into telecom operators, internet service providers, corporates/enterprises, individuals and others. The individuals accounted for 35.4% of the global market share and is expected to hold that position over the next ten years. The increase in access to the Internet. Television sets with integrated functions for internet use are included in smart TVs, which combine computer and television features. Direct access to streaming services like Netflix and Amazon Prime Instant Video is also provided to Smart TV users. So the Individual segment holds the largest market share.
Major ODM and EMS Wi-Fi devices companies are collaborating and partnering with other organizations to provide more efficient products.
Recent developments related to key players providing ODM and EMS Wi-Fi devices Market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
Attribute | Details |
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Forecast Period |
2023-2033 |
Historical Data Available for |
2018-2022 |
Market Analysis |
US$ Mn for Value |
Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Pricing |
Available upon Request |
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In 2022, demand for ODM and EMS Wi-Fi devices accounts for a valuation of US$ 8,303.4 Mn.
The global ODM and EMS Wi-Fi devices market is estimated to advance at a phenomenal 15.5% CAGR through 2033.
The market for ODM and EMS Wi-Fi devices is forecasted to climb to US$ 40,135.1 Mn by 2033 end.
Demand for ODM and EMS Wi-Fi devices market in India is projected to rise at an astronomical CAGR of 17.1% over the next ten years.
In 2022, the North America ODM and EMS Wi-Fi devices market held a dominant market share of 25.0%.