Global IP Deskphones Market Projected to Reach USD 7.9 Billion by 2026

17-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “IP Deskphones Market By Type (Video Desktop IP Phone and Common Desktop IP Phone) and Application (Office, Hotel, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global IP deskphones market in 2019 was approximately USD 7.1 billion. The market is expected to grow above a CAGR of 1% and is anticipated to reach over USD 7.9 billion by 2026.

IP Deskphones Market Size,

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Internet Protocol based phones are phones that uses variety of protocols for connecting and transmitting calls. The calls are transferred over Local Area Network, or internet, which helps in avoiding call connecting over public network. IP phones generally include desk phones, conference phones, cordless phones, etc. that are generally used in offices and hotels for communication purposes. IP phones use digital signals for transmitting signals from anywhere that can be transmitted using internet. Using IP deskphones eliminates the need for other rollover lines. IP deskphones enables unlimited rollover lines.

Browse the full “IP Deskphones Market By Type (Video Desktop IP Phone and Common Desktop IP Phone) and Application (Office, Hotel, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/ip-deskphones-market-by-type-video-desktop-ip-1202

IP deskphones are wide adopted in corporate environments, mainly because of cost considerations and the advantages associated with IP technology over analog calling. In recent years, the number of offices all around the globe are increasing at a steady rate owing to expanding sales and distribution of network. This has also played a key role in the fueling the demand for IP deskphones.

Moreover, IP deskphones are compatible in working remotely, which makes them suitable option for hotels. IP phones are considered more flexible than analog phones, which has made them favorable option for use in hotels. In recent years, the global travel and hospitality industry has seen a significant growth due to increase leisure as well as business travel. This has led to an increase in the number of hotels and lodges globally.

Such an increase in the number of hotels has also led to an increase in the demand for IP deskphones among newly founded hotels, in turn driving the global IP deskphones market. However, implementation and installation of IP based deskphones requires internet access. Lack of internet access in some part of developing countries is a key growth hampering factor for the IP deskphones market.

In terms of type, the common desktop IP phone segment dominated the global IP deskphones market, accounting for a market share of nearly 70% in 2019. The common preference of common desktop IP phone among organizations and hotels has been a key growth driving factor for the global  IP deskphones market. Based on applications, the offices segment held a major share of around 45% in the global IP deskphones market. Organizations often need a wide range of network telephonic systems for effective communications, such demand among offices has a positive impact on IP deskphones market.

Based on region, the North America segment dominated the global IP deskphones market in 2019. The North America region held a market share of nearly 40% in the global market in 2019. The growing adoption IP based telephones due to demand for flexible telephonic network from organization and hotels. This has driven the demand for the North America IP deskphones market.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 7.1 Billion

Projected Market Size in 2026

USD 7.9 Billion

CAGR Growth Rate

1% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Fanvil, Polycom, Snom, Grandstream, Avaya, Cisco, Escene, Yealink, Yealink, NEC, D-Link, Alcatel-Lucent, and Others

Key Segment

By Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Some of the leading players in the global market include

Fanvil, Polycom, Snom, Grandstream, Avaya, Cisco, Escene, Yealink, Yealink, NEC, D-Link, Alcatel-Lucent, and Others.

This report segments the IP deskphones market as follows:

By Type Segmentation Analysis

  • Video Desktop IP Phone
  • Common Desktop IP Phone

By Application Segmentation Analysis

  • Office
  • Hotel
  • Others

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • 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

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