IP Phones Market 2019-2023: Key Findings, Regional Study, Industry Profit Growth, Business Trends, Emerging Technologies and Future Prospects

IP Phones Market 2019-2023: Key Findings, Regional Study, Industry Profit Growth, Business Trends, Emerging Technologies and Future Prospects

“IP Phones Market”
Global IP Phones Market, By Component (Software, Hardware), Type (Wired, DECT, Wi-Fi) and End User (Corporate Consumers, Individual Consumers) – Forecast 2023

IP Phones Market Scenario:

IP phones are gaining maximum prominence in recent times with the increasing competition between telecommunication service providers and internet service providers throughout the industry. Upon this, Market Research Future reveals that the global IP phone market is set to expand widely at a substantial CAGR along with higher valuation as well. Technological advancements and digital networks have led to the massive generation of IP phones in various industries.

The global IP Phones Market is growing owing to factors such as evolving technologies for transmitting calls over an IP network, with the help of the internet or the traditional public switched telephone network. Significant factors contributing to the market’s growth are also indicated in its cost-effectiveness. In recent times, IP-based communication is speedily replacing TDM networks at a steady pace. Due to this reason, the IP phones are getting popular across the world; thus, the market is expanding exponentially.

On the other hand, in this rapidly changing world of technology, the IP phone market is estimated to portray significant growth prospects during the assessment period. The constant developments and increasing technological advancements are prime factors leading to rapid adoption of IP phone services. Therefore, the study reveals that in the coming years, the global IP phone market is going to touch sky limits with the continuous changing technologies across the world.

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Major Key Players:

The well-known players in IP phones market are listed as NEC (Japan), Cisco Systems, Inc. (U.S.), Avaya (U.S.), Dahua Technology Co., Ltd. (China), Mitel (Canada), Alcatel-Lucent Enterprise (U.S.), ShoreTel, Inc. (U.S.), Unify (U.S.), Huawei Technologies Co. Ltd. (China),  Microsoft Corporation (U.S.), and to name a few.

Market Segmentation:

According to the study, the IP phone market has been segmented by component, type, and end-user.

  • The segment for component includes hardware and software components. In this, the software components segment is further bifurcated into TCP/IP, DNS, DHCP, SIP, and many more. Session Initiation Protocol (SIP) is the competing standard to H.323 and is a communications protocol for signaling.
  • By the segment of type, the market includes wired, DECT, and Wi-Fi.
  • By the segment of End-User, the market includes corporate consumer and individual consumers.

Regional Outlook:

Regionally, the global IP phone market is studied among the key regions of North America, Europe, Asia Pacific and rest of the world.

Among these regions, it is the North America region that is leading the market of IP phones in terms of market share and is now anticipated to witness significant growth in the coming years. The countries such as the United States and Canada are the main that is to drive the growth of IP phones market owing to the considerable demand usage by enterprise users. With this, the region also has a well-established infrastructure that is continuously allowing high penetration of devices.

Europe is also anticipated to portray decent growth during the assessment period and claims second position in this market. Whereas, Asia Pacific is can also show the highest growth rate during the forecast period.

Table of Contents

1    Market Introduction

1.1    Introduction   

1.2    Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3    Market Structure

2    Research Methodology

2.1    Research Type

2.2    Primary Research

2.3    Secondary Research

2.4    Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

Continued…

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List of Tables

Table 1 Ip Phones Market, By Component

Table 2 Ip Phones Market, By Type

Table 3 Ip Phones Market, By End User

Continued…

List of Figures

Figure 1 Research Type

Figure 2 Ip Phones Market, By Component (%)

Figure 3 Ip Phones Market, By Type (%)

Continued…

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