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.
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.
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
1.2 Scope of Study
1.2.1 Research Objective
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
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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
List of Figures
Figure 1 Research Type
Figure 2 Ip Phones Market, By Component (%)
Figure 3 Ip Phones Market, By Type (%)
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