Global EMS Market Reaches $555 Billion in 2019
In 2019, the worldwide contract manufacturing (CM) services market increased nominally — by 2.5 percent in total revenue — resulting in combined EMS and ODM revenue of over $555 billion, an expansion of $13 billion from the previous year, according to New Venture Research. The Worldwide Electronics Manufacturing Services Market – 2020 Edition reports revenue growth from 2014 to 2016 had been essentially flat, but expanded dramatically in 2017 and 2018.
