IP Deskphones Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[170+ Pages Report] According to the report published by Facts Factors, the global IP deskphones market size was worth around USD 7.1 billion in 2019 and is predicted to grow to around USD 7.9 billion by 2026 with a compound annual growth rate (CAGR) of roughly 1% between 2020 and 2026. The report analyzes the global IP deskphones market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the IP deskphones market.

The IP deskphones market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire IP deskphones market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• Our primary respondents estimated that the global IP deskphones market is expected to grow at a CAGR of nearly  1% over the projected period.
• The adoption of IP deskphones due to their compatibility and flexibility has driven the global IP deskphones market.
• Based on product, the common desktop IP deskphones segment accounted for a market share of nearly 70% in the global IP deskphones market.
• Our primary interviewees estimated that the Asia Pacific market is expected to grown at the fastest rate over the projected period, owing to growing number of private businesses.
• In terms of geography, the North America region dominated the market with a share of nearly 40%, in 2019.

Key Recommendations from Analysts

• Our analysts estimate that the global IP deskphones market is expected to reach a market value of approximately USD 7.9 billion by 2026.
• In recent years, consumer spending in travel and hospitality has increased, which has also driven the global travel and hospitality market, in turn increasing the number hotels around the world, which is anticipated to create new avenues for the global IP deskphones market.
• Based on product, the video IP deskphones is expected to foresee a the fastest growth in the global IP deskphones market over the projected period.        
• With the emergence of cloud based technology, many companies are investing in cloud based IP deskphones which may create new avenues for the global IP deskphones market.
• Based on application, the hotels segment is expected to witness the highest growth in the global IP deskphones market over the forecasted period.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the IP deskphones industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the IP deskphones industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the IP deskphones market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the IP deskphones industry. The IP deskphones market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the IP deskphones sector. Key strategic developments in the IP deskphones market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the IP deskphones market are appropriately highlighted in the report.

Report Scope

The IP deskphones market research report delivers an acute valuation and taxonomy of the IP deskphones industry by practically splitting the market on the basis of different types, category, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the IP deskphones industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the IP deskphones industry is provided for the leading economies of the world.

IP phones or VoIP phones utilize Internet Protocol technologies for connecting telephone calls over a IP network, it may use internet over other type of public network. VoIP telephones has built protocols such as Skinny Client Control Protocol (SCCP), Session Initiation Protocol (SIP), or various other protocols. A VoIP phones or IP phones consists of various hardware and software components. IP phones consists of a speakerphone, microphone, keypad, etc. IP deskhphones also offer features such as call hold, caller ID display, call blocking features, etc.

IP phones are primarily used in locations such as commercial complexes, offices, hotels, etc. The IP deskphones market has seen a significant growth due to increase in the number of commercial places. Offices generally opt for IP phones as these phones use internet for connecting and transmitting calls, which leads to elimination of complex and expensive analog based phones. This has been a key reason that has driven the adoption of IP phones among commercial businesses. Further, hotels have to rely primarily on internet based calling systems that is interconnected for intra hotel communication. With the increase in the number of hotels, the global IP deskphones market has also seen a steady growth in the last few years.

The IP deskphones market is segmented based on type, application, and region. On the basis of type segmentation, the market is classified into video desktop IP phone and common desktop IP phone. On the basis of application, the market is classified into office, hotel, and others.

Some of the essential players operating in the IP deskphones market, but not restricted to include:

• Cisco
• NEC
• Polycom
• Avaya
• Grandstream
• Mitel
• Escene
• Yealink
• Alcatel-Lucent
• D-Link
• Fanvil
• Snom

The taxonomy of the IP deskphones industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Video Desktop IP Phone
• Common Desktop IP Phone

By Application Segmentation Analysis

• Office
• Hotel
• Others

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa