Global Desktop IP Phones Market Overview
Desktop IP phone transmit phone calls over internet protocol technology to send and receive phone calls over an IP network. Desktop IP phone is used in corporate offices, hotels, hospitals, institutes, residential sector, banking sector, and supermarkets. Desktop IP phone is inexpensive and especially as most do not apply any long distance surcharge.Desktop IP Phones Market accounted for US$ 2.4 billion in 2024 and is estimated to be US$ 4.4 billion by 2034 and is anticipated to register a CAGR of 6.6%
Increasing demand for desktop IP phone by end-users in hotels, institutes, office, manufacturing units, suppliers, distributors, service providers, customer care centers, etc are the driving factors of the global desktop IP phone market. In addition, technological advancements in desktop IP phones, such as integration of USB ports and WI-FI and bluetooth connectivity is expected to propel growth of the target market over the forecast period. Furthermore, growing demand for desktop IP phone, owing to its features such as faster, secure, and efficient multichannel connectivity is another factor promoting growth of the global desktop IP phone market.
However, initial set-up costs for desktop IP phones and connectivity and functionality issues are restraining growth of the desktop IP phone market.
Desktop IP phones market has been segmented on the basis of type, application, and region. On the basis of type, the target market is categorized into video desktop IP phone and common desktop IP phone. On the basis of application, the desktop IP phones market is divided into office and hotel.
On the basis of region, the desktop IP phones market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The North America desktop IP phones market is expected to account for major revenue share as compared to that of other regions. This can be attributed to availability of desktop IP phones at cheaper rate than traditional phone in the countries of the region. Also, Europe desktop IP phones market is expected to account for second-highest revenue share in the global desktop IP phones market, owing to presence of telephone manufacturer and increasing adoption of desktop IP phones in the countries of the region.
Key players operating in the desktop IP phones market includes Cisco Systems Inc, Avaya Inc., Alcatel Lucent SA, Yealink Network Technology Corporation Limited, Grandstream Networks, Inc., NEC Corporation, D-Link Corporation, Lister Communications Ltd., Mitel Networks, Inc., Fanvil Technology Co., Ltd., Snom Technology GmbH, Xorcom Ltd., and Unify Inc.
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FAQs
The Desktop IP Phones Market is segmented into Type, Application, and Region.
Factors include the shift to VoIP communication, demand for unified communication solutions, and advancements in IP phone technology, driving global growth in the desktop IP phones market.
Challenges include competition from softphones and mobile apps, potential security vulnerabilities, and the need for network infrastructure upgrades, posing restraints on the global market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, Cisco Systems Inc, Avaya Inc., Alcatel Lucent SA, Yealink Network Technology Corporation Limited, Grandstream Networks, Inc., NEC Corporation, D-Link Corporation, Lister Communications Ltd., Mitel Networks, Inc., Fanvil Technology Co., Ltd., Snom Technology GmbH, Xorcom Ltd., and Unify Inc.