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Electronic Contract Manufacturing and Design Services Market Adopts Innovation to Stay Competitive 2015 - 2021

08-21-2017 11:25 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Electronic Contract Manufacturing and Design Services Market

The major factor driving the growth of electronic contract manufacturing and design services market is the need for resource optimization. Other factors include improvement in consumer purchasing power, growing need for consumer electronics, various technological advancements, and growing internet penetration. Furthermore, fluctuation in buyer preferences and increasing need for wireless technology are expected to influence the electronic contract manufacturing and design services market. The proliferation of mobile devices such as tablets and smartphones has been the key propeller of electronic contract manufacturing and design services market during the last few years. In-house manufacturing and obsolescence of technology are major challenges to the growth of electronic contract manufacturing and design services market. Software focused services are expected to be a key opportunity for the manufacturers operating in the market.

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The market for electronic contract manufacturing and design services is highly competitive, especially, the players from Asia Pacific countries such as China and Taiwan are increasingly offering low cost outsourced services for manufacturing and design. The key focus of electronic manufacturing and design services vendors today is to promote green technologies and manufacturing practices. Increase in merger, acquisition and partnership activity is another key trend in in electronic contract manufacturing and design services market. Key players in electronic contract manufacturing and design services market are Hon Hai Precision Industry Co. Ltd., Flextronics International Ltd., Jabil Circuit Inc. and Celestica Inc.

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Key features of this report

Drivers, restraints, and challenges shaping the Electronic Contract Manufacturing and Design Services market dynamics

Latest innovations and key events in the industry

Analysis of business strategies of the top players

Electronic Contract Manufacturing and Design Services market estimates and forecasts(2015 -2021)

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About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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