Global IP Desk Phone Market growing at a CAGR of 6.2% from 2023 to 2030
Category : IT And Telecommunications | Published Date : May 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the IP Desk Phone market is poised for strong expansion and is expected to reach USD 2,411.65 Million by 2030. The market, which was valued at USD 1,524.73 Million in 2022, is predicted to grow at a compound annual growth rate of 6.2% during the period 2023-2030.
The report highlights the increasing adoption of IP desk phones to improve the communication systems of an enterprise, resulting in the market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the IP Desk Phone market.
Global IP Desk Phone Market By Overview
Consegic Business Intelligence provided an inclusive research report on the IP desk phone market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. The report analyses significant segments such as type, connectivity, end-user, and region, to identify emerging trends and potential opportunities. The connectivity segment is expected to grow owing to the increasing demand for wireless communication technologies such as Wi-Fi and Bluetooth. By leveraging this information, market players have the opportunity to improve their competitive edge against other manufacturers by engaging in strategic collaborations, mergers, and acquisitions, and introducing innovative products to strengthen their market position.
Get Free SampleMarket Dynamics
Driver:
- The growing investments by government and private organizations to provide high-quality communication systems is accelerating the growth of the market.
- The technological advancements in wireless communication technologies are driving the growth of the market.
- The technological advancements in wireless communication technologies are driving the growth of the market.
Restraints:
- The increased dependence of IP phones on high-speed Internet is restraining the growth of the market.
- The security concerns associated with IP desk phones is hindering the growth of the market.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Video Desktop IP Phone and Common Desktop IP Phone |
| By Connectivity | Wired, DECT, Wi-Fi, and Others |
| By End-User | IT & Telecommunication, Healthcare, Government, Enterprise, and Others |
| By Geography |
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Competitive Landscape :
As per the study, the market is dominated by certain major companies such as ALE International, ALE USA Inc., Avaya LLC, Cisco Systems, Inc., D-Link, Escene, Grandstream Networks, Inc., have a strong market position in current market circumstances. Further, the IP desk phone market is expected to witness significant growth in coming years due to growing culture of hybrid work environments as a result of COVID-19 pandemic. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in IP desk phone are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.
- ALE International, ALE USA Inc
- Avaya LLC
- UCisco Systems, Inc.
- D-Link
- Escene
- Grandstream Networks, Inc.
- Mitel Networks Corp.
- NEC Corporation
- Plantronics Inc.
- Yealink Inc.
