Market Overview:
The global voice communication equipment 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 voice communication equipment from telecom operators and VoIP service providers across the globe. Additionally, the growing adoption of tablets, smart phones, and IP phones among consumers is also contributing to the growth of this market. By type, the global voice communication equipment market can be segmented into tablets, smart phones, IP phones, softphones, and other devices. The softphones segment is expected to witness highest growth during the forecast period owing to its low cost and easy installation as compared with other devices such as IP phones and hardphones. By application, telecom operators accounted for majority share of revenue in 2017 owing to rising demand for unified communications solutions among businesses worldwide.
Product Definition:
A voice communication equipment is a device that helps in transmitting and receiving voices. It is an important tool for businesses as it helps in maintaining communication with clients, employees, and other stakeholders.
Tablets:
Tablets are electronic devices that are mainly used for the display of information. They can be either dedicated or multi-purpose, depending on the type and size of content. The first tablets to hit the market were Wi-Fi enabled touch screen tablets with 10.1 inches or larger screens; these were primarily designed for use in Starbucks Coffee shops as a means to provide customers with ordering options and other relevant information while they wait for their drinks to arrive.
Smart Phones:
Smartphones are the most popular and preferred devices for voice communication equipment market. They have a vast application in telecommunication industry. Smartphone is an electronic device that is specifically designed to handle information or give access to information, through the internet, with the help of software applications. It has features like camera, music player, video player and many more which make it easier for users to communicate with others easily over a distance of several miles using just one device namely microphone along with speakerphone facility.
Application Insights:
The telecom operators accounted for the largest revenue share of over 60% in 2017. The segment is expected to witness significant growth on account of increasing demand from end-users for providing high-speed internet access and enhanced mobile services. Furthermore, the growing adoption of VoIP technology by telecom operators to provide high-quality voice services is further expected to drive the global market over the forecast period.
The other application segment includes applications such as business, government, healthcare, education institutions and others. The use of communication devices in these sectors has witnessed a rise due to advanced features offered by devices such as cloud storage and artificial intelligence enabled phones that assist users with their daily needs. Moreover, companies are launching new products specifically designed for these applications which is further anticipated to fuel industry growth over next eight years or so.
Regional Analysis:
North America dominated the global voice communication equipment market in 2017. The growth of this region can be attributed to the presence of a large number of service providers and consumers. Moreover, North America has been witnessing an increase in demand for IP-based communication solutions owing to factors such as rising deployment of next-generation networks (NGN) and enhanced security measures taken by governments across various countries.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing investments from telecom operators and NTT Docomo, Japan’s largest mobile carrier, in developing economies such as India and China. Furthermore, growing adoption rate for smartphones coupled with increased usage rates for social media will also drive growth over the forecast period.
Growth Factors:
- Increasing demand for voice communication equipment from the telecommunication and IT industries to cater to the growing data traffic
- Proliferation of smartphones and tablets, which are equipped with voice communication features, is driving the demand for voice communication equipment
- Growing popularity of unified communications is also fueling the growth of the market for voice communication equipment
- Rapid expansion of 4G networks across the globe is providing a boost to the market for voice communication equipment
- Rising number of small and medium businesses (SMBs) that are looking for cost-effective ways to communicate with their customers and partners is propelling growth in this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Voice Communication Equipment Market Research Report
By Type
Tablets, Smart Phones, IP Phones, Soft Phones, Other
By Application
Telecom Operators, VoIP, Other
By Companies
Apple, IBM Corporation, Microsoft Corporation, Samsung, Siemens Enterprise Communication, Ericson-LG, Sony, ADTRAN, MDS Gateways, Nortel Networks Corp, 8×8 Inc, Speedflow Communications, Roctel International, Panterra Networks, Outsourcery PLC
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Voice Communication Equipment Market Report Segments:
The global Voice Communication Equipment market is segmented on the basis of:
Types
Tablets, Smart Phones, IP Phones, Soft Phones, Other
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
Telecom Operators, VoIP, 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:
- Apple
- IBM Corporation
- Microsoft Corporation
- Samsung
- Siemens Enterprise Communication
- Ericson-LG
- Sony
- ADTRAN
- MDS Gateways
- Nortel Networks Corp
- 8×8 Inc
- Speedflow Communications
- Roctel International
- Panterra Networks
- Outsourcery PLC
Highlights of The Voice Communication Equipment 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:
- Tablets
- Smart Phones
- IP Phones
- Soft Phones
- Other
- By Application:
- Telecom Operators
- VoIP
- 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 Voice Communication Equipment 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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- Correctly Positioning New Products
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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?
Voice communication equipment is a device that allows two or more people to communicate with each other by voice. This can be done over the phone, in person, or online.
Some of the key players operating in the voice communication equipment market are Apple, IBM Corporation, Microsoft Corporation, Samsung, Siemens Enterprise Communication, Ericson-LG, Sony, ADTRAN, MDS Gateways, Nortel Networks Corp, 8ƒâ€”8 Inc, Speedflow Communications, Roctel International, Panterra Networks, Outsourcery PLC.
The voice communication equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Voice Communication Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Voice Communication Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Voice Communication Equipment Market - Supply Chain
4.5. Global Voice Communication Equipment Market Forecast
4.5.1. Voice Communication Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Voice Communication Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Voice Communication Equipment Market Absolute $ Opportunity
5. Global Voice Communication Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Voice Communication Equipment Market Size and Volume Forecast by Type
5.3.1. Tablets
5.3.2. Smart Phones
5.3.3. IP Phones
5.3.4. Soft Phones
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Voice Communication Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Voice Communication Equipment Market Size and Volume Forecast by Application
6.3.1. Telecom Operators
6.3.2. VoIP
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Voice Communication Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Voice Communication Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Voice Communication Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Voice Communication Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Voice Communication Equipment Demand Share Forecast, 2019-2026
9. North America Voice Communication Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Voice Communication Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Voice Communication Equipment Market Size and Volume Forecast by Application
9.4.1. Telecom Operators
9.4.2. VoIP
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Voice Communication Equipment Market Size and Volume Forecast by Type
9.7.1. Tablets
9.7.2. Smart Phones
9.7.3. IP Phones
9.7.4. Soft Phones
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Voice Communication Equipment Demand Share Forecast, 2019-2026
10. Latin America Voice Communication Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Voice Communication Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Voice Communication Equipment Market Size and Volume Forecast by Application
10.4.1. Telecom Operators
10.4.2. VoIP
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Voice Communication Equipment Market Size and Volume Forecast by Type
10.7.1. Tablets
10.7.2. Smart Phones
10.7.3. IP Phones
10.7.4. Soft Phones
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Voice Communication Equipment Demand Share Forecast, 2019-2026
11. Europe Voice Communication Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Voice Communication Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Voice Communication Equipment Market Size and Volume Forecast by Application
11.4.1. Telecom Operators
11.4.2. VoIP
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Voice Communication Equipment Market Size and Volume Forecast by Type
11.7.1. Tablets
11.7.2. Smart Phones
11.7.3. IP Phones
11.7.4. Soft Phones
11.7.5. Other
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Voice Communication Equipment Demand Share, 2019-2026
12. Asia Pacific Voice Communication Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Voice Communication Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Voice Communication Equipment Market Size and Volume Forecast by Application
12.4.1. Telecom Operators
12.4.2. VoIP
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Voice Communication Equipment Market Size and Volume Forecast by Type
12.7.1. Tablets
12.7.2. Smart Phones
12.7.3. IP Phones
12.7.4. Soft Phones
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Voice Communication Equipment Demand Share, 2019-2026
13. Middle East & Africa Voice Communication Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Voice Communication Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Voice Communication Equipment Market Size and Volume Forecast by Application
13.4.1. Telecom Operators
13.4.2. VoIP
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Voice Communication Equipment Market Size and Volume Forecast by Type
13.7.1. Tablets
13.7.2. Smart Phones
13.7.3. IP Phones
13.7.4. Soft Phones
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Voice Communication Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Voice Communication Equipment Market: Market Share Analysis
14.2. Voice Communication Equipment Distributors and Customers
14.3. Voice Communication Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apple
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Microsoft Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens Enterprise Communication
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ericson-LG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sony
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ADTRAN
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MDS Gateways
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nortel Networks Corp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. 8×8 Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Speedflow Communications
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Roctel International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Panterra Networks
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Outsourcery PLC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
