The global ODM and EMS Wi-Fi devices market is estimated to accelerate a high CAGR of 12.5% over the forecast period (2021-2031). In other words, the market is set to expand around 3.3X and close in on a valuation of US$ 22.4 Bn by 2031.
In the past 20 years, Wi-Fi has rapidly evolved to meet the needs of both, consumers and businesses. Wi-Fi has proven to be a revolutionary technology, enabling innovators to innovate and achieve amazing feats that would have been unimaginable before.
The manufacturing industry is composed of a complex web of companies that provide a range of manufacturing services for established companies, but also for start-ups. Moreover, increase in demand for smart technologies, technological developments of wireless connections, and the new normal condition under COVID-19 are acting as major market drivers.
