Global Desktop IP Phone Market: Introduction
Desktop IP phone operates on voice and data transfer technologies such as voice over broadband, IP telephony, and Internet telephony to deliver communication services over a packet-switched network. Desktop IP phone converts voice signals into digital signals, which are passed over the IP-based network for active communication. Growth of the global desktop IP phone market is driven by industry players focusing intensely on implementation of desktop IP phone across corporate and individual customer sectors.
The global desktop IP phone market was valued at US$ 7,457.4 Mn in 2017, and is expected to register a CAGR of over 0.5%. The first five-year cumulative revenue (2017–2021) is projected to be US$ 37,790.3 Mn, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Global Desktop IP Phone Market: Market Dynamics
Major factors driving growth of the global desktop IP phones market are increasing adoption of desktop IP phones in various sectors such as manufacturing units, suppliers, distributors, service providers, and others. In addition, innovative technological advancements and value-added services provided by manufacturers are some factors fueling growth of the global desktop IP phone market.
However, desktop IP phones are costlier compared to analog phones. Desktop IP phones require a built-in two-port switch to connect to PC or two network cables for IP phone and PC separately, which increases installation cost thus limiting the market growth. Desktop IP phones require an uninterrupted power supply or other emergency power source during operations. Some models are needed to remain plugged into a power source round the clock. In addition, desktop IP requires high bandwidth and gets disconnected in case of network breakdown thus limiting the growth of global desktop IP phone market over the forecast period.
Development of more cost-effective and multi-functional IP phones that provide user-friendly interface can create potential opportunities for players in the market. Advancements in desktop IP phones that can operate without external power supply can result in further opportunities for players in the market to expand their presence and revenue share.
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Global Desktop IP Phone Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region. The type segment includes video desktop IP phone and common desktop IP phone. Application segment includes office, hotel, and others. The regions covered in the analysis are the US, Europe, Japan, China, India, and Southeast Asia.
By type: On the basis of type, the market is segmented based on video desktop IP phone and common desktop IP phone. The common desktop IP phone segment is expected to contribute major revenue share and expected to maintain its dominance over the forecast period. Common desktop IP phone witness highest CAGR of over 0.8%, as it provides high quality audio and audio conferencing features.
By application:
On the basis of application, the market is segmented based on office, hotel, and others. Among all the application segments, office segment is expected to register highest CAGR of over 0.8% owing increasing adoption of desktop IP phones in corporate offices, increasing use of IP phones for video conferencing, as it is more cost effective option as compared to private branch exchange (PBX) call routing.
By region:
In 2017, Europe accounted for the second largest revenue share contribution to the global desktop IP phone, owing to increasing overall consumption of desktop IP phones in Europe. Prominent desktop IP phones manufacturers and distributors such as Alcatel-Lucent and Snom Technology GmbH are based in France and Germany. Apart from these major companies, Avaya Inc. also has strong presence in the region and provides specific products that are available only in this region. For instance, products such as T3 Comfort, T3 Classic and T3 Compact are developed and marketed by Avaya Inc. and are available only in Europe, Middle East & Africa region (EMEA).
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Global Desktop IP Phone Market: Competitive Analysis
The research report on the global desktop IP phone market includes profiles of some major companies such as Cisco Corporation, Avaya Inc., Alcatel-Lucent SA (Acquired by Nokia Corporation), Yealink Inc., Grandstream Networks, Inc., NEC Corporation, D-Link Corporation, Escene Communication Co., Ltd., Mitel Networks Corporation, Fanvil Technology Co., Ltd., Snom Technology GmbH, Xorcom Ltd., and Unify Inc.
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