Industry Analysis & Industry Trends
Communication equipment manufacturing revenue declined as a result of plummeting consumer spending in the wake of the recession. Moreover, economic uncertainty caused corporations to delay upgrades. However, product innovations have been key drivers of rising consumer demand for new services and merchandise, bolstering industry performance. Consequently, in the five years to 2019, revenue is forecast to recover as a result of more product innovations, although increasing import penetration may hamper growth... purchase to read more
Industry Report - Industry Locations Chapter
The Communication Equipment Manufacturing industry is home to an estimated 845 establishments. These establishments are located near key input manufacturing facilities, large supplies of skilled labor and headquarters of major industry companies.
The West has the largest share of establishments, accounting for about 33.1% of the total. The majority of these manufacturers are located in California, which accounts for 26.8% of total industry manufacturers. This is due to the number of top-tier engineering schools located in California and the resulting supply of highly qualified labor. Additionally, major player Cisco is headquartered in San Jose, California... purchase to read more