Market Overview:
The global conference speakerphone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for conferencing and collaboration solutions among businesses and organizations, growing adoption of BYOD policies, and rising demand for portable conference speakerphones. The global conference speakerphone market is segmented on the basis of type into portable and stationary conference speakerphones. The portable segment is expected to grow at a higher CAGR than the stationary segment during the forecast period from 2018 to 2030. This can be attributed to the growing demand for lightweight and compact devices that are easy-to-carry around. On the basis of application, the global conference speakerphone market is divided into enterprise, university, hotel, and other applications segments. The enterprise segment accounted for majority share of revenue in 2017 owing to rising adoption of conferencing solutions among businesses across different industries such as BFSI (banking & financial services), healthcare & life sciences, retail & ecommerce etc., For instance; In October 2017, Cisco announced its intent acquire BroadSoft Inc.
Product Definition:
A conference speakerphone is a device that allows multiple people to speak on the phone at the same time. It is often used in business settings for conference calls. The importance of a conference speakerphone is that it allows people from different locations to communicate with each other easily and effectively.
Portable:
Portable conference speakerphones are the devices that are used to amplify voice or sound from a single source device such as a phone, laptop or tablet and send the amplified sound into an open space. They can be used in small rooms with limited acoustic treatment and can also be easily moved around for different events.
Stationary:
Stationary is a device that is fixed or placed on a table and used for delivering voice communication in meetings, telephonic conversations, etc. The term stationary is also used to refer to equipment such as telephones which are fixed at one end of the line and does not move. In today’s world where people work from home; they require some sort of stationery set up at their home so that they can communicate with others easily.
Application Insights:
The enterprise application segment dominated the global conference speakerphone market in 2017 and is expected to maintain its dominance over the forecast period. Enterprise applications are widely used by companies for conducting meetings, training sessions, and other events. The growing demand for audio/video conferencing solutions among enterprises to improve communication is likely to be a key factor driving the segment growth.
The hotel application segment accounted for more than 20% of the overall revenue share in 2017 owing to rising number of hotels around the world offering conference facilities along with excellent service quality. Furthermore, increasing focus on customer satisfaction by hotels resulting in improved services including Wi-Fi connectivity across all areas of a hotel room is anticipated to drive product demand from this sector over next few years.
Other applications include corporate offices, education institutions (schools), healthcare institutions (hospitals), municipal corporations and government organizations such as local authorities.
Regional Analysis:
North America dominated the global conference speakerphone market in 2017. The region is expected to maintain its dominance over the forecast period as well. North America has a large number of small and medium-sized enterprises (SMEs). These SMEs prefer conference phones owing to their portability and need for only one phone per meeting participant, which helps them save on rental costs. Moreover, these companies are adopting BYOD policies, thereby increasing demand for such devices in this region.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to increasing adoption of technology among corporate offices in countries like China and India along with rising investments by international players in this region for tapping growth opportunities arising out of expanding customer base at lower costs than developed markets like U.S., UK, Germany etc.).
Growth Factors:
- Increasing demand for conference speakerphones in the corporate sector as a result of the growing trend of telecommuting and remote working.
- The increasing popularity of video conferencing and webinars, which has led to a rise in the demand for high-quality conference speakerphones that offer superior sound quality.
- Rapid advancements in digital technologies and audio engineering, which have resulted in better quality conference speakerphones with more features being made available at lower prices.
- The growing number of small businesses and home offices, which has led to an increase in the demand for affordable yet high-quality conference speakerphones.
- The increasing use of mobile devices such as smartphones and tablets for business purposes, which has created a need for portable conference speakerphones that can be easily carried around
Scope Of The Report
Report Attributes
Report Details
Report Title
Conference Speakerphone Market Research Report
By Type
Portable, Stationary
By Application
Enterprise, University, Hotel, Other
By Companies
Jabra, Poly, Yealink, Sennheiser, Konftel, Logitech, Panasonic, Shure, Beyerdynamic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Conference Speakerphone Market Report Segments:
The global Conference Speakerphone market is segmented on the basis of:
Types
Portable, Stationary
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprise, University, Hotel, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jabra
- Poly
- Yealink
- Sennheiser
- Konftel
- Logitech
- Panasonic
- Shure
- Beyerdynamic
Highlights of The Conference Speakerphone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Stationary
- By Application:
- Enterprise
- University
- Hotel
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conference Speakerphone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A conference speakerphone is a phone that allows multiple people to talk at the same time. Conference speakerphones are often used in business meetings or conferences to allow participants to communicate without having to raise their voices.
Some of the major players in the conference speakerphone market are Jabra, Poly, Yealink, Sennheiser, Konftel, Logitech, Panasonic, Shure, Beyerdynamic.
The conference speakerphone market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conference Speakerphone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Conference Speakerphone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Conference Speakerphone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Conference Speakerphone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Conference Speakerphone Market Size & Forecast, 2018-2028
4.5.1 Conference Speakerphone Market Size and Y-o-Y Growth
4.5.2 Conference Speakerphone Market Absolute $ Opportunity
Chapter 5 Global Conference Speakerphone Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Conference Speakerphone Market Size Forecast by Type
5.2.1 Portable
5.2.2 Stationary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Conference Speakerphone Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Conference Speakerphone Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 University
6.2.3 Hotel
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conference Speakerphone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Conference Speakerphone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Conference Speakerphone Analysis and Forecast
9.1 Introduction
9.2 North America Conference Speakerphone Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Conference Speakerphone Market Size Forecast by Type
9.6.1 Portable
9.6.2 Stationary
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Conference Speakerphone Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 University
9.10.3 Hotel
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Conference Speakerphone Analysis and Forecast
10.1 Introduction
10.2 Europe Conference Speakerphone Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Conference Speakerphone Market Size Forecast by Type
10.6.1 Portable
10.6.2 Stationary
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Conference Speakerphone Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 University
10.10.3 Hotel
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Conference Speakerphone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Conference Speakerphone Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Conference Speakerphone Market Size Forecast by Type
11.6.1 Portable
11.6.2 Stationary
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Conference Speakerphone Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 University
11.10.3 Hotel
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Conference Speakerphone Analysis and Forecast
12.1 Introduction
12.2 Latin America Conference Speakerphone Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Conference Speakerphone Market Size Forecast by Type
12.6.1 Portable
12.6.2 Stationary
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Conference Speakerphone Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 University
12.10.3 Hotel
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Conference Speakerphone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Conference Speakerphone Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Conference Speakerphone Market Size Forecast by Type
13.6.1 Portable
13.6.2 Stationary
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Conference Speakerphone Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 University
13.10.3 Hotel
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Conference Speakerphone Market: Competitive Dashboard
14.2 Global Conference Speakerphone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jabra
14.3.2 Poly
14.3.3 Yealink
14.3.4 Sennheiser
14.3.5 Konftel
14.3.6 Logitech
14.3.7 Panasonic
14.3.8 Shure
14.3.9 Beyerdynamic
