IP Telephony Market to Grow at a CAGR of 10.1% to reach US$ 63.47 Bn Million from 2017 to 2027

IP Telephony Market to 2027 - Global Analysis and Forecasts by Component (Hardware, Software, and Services), Hardware (IP Desktop Phones, DECT Phones, and IP Conference Phones); Service (Installation & Maintenance, and Professional Services), Installation Type (Wired and Wireless): Enterprise Size (SME and Large Enterprises) End Users (Residential, Corporate and Governmental Organization)

Publication Month : Jan 2019

  • Report Code : TIPTE100001304
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 150
Inquire Before Buy

PRICING

$4550

$2730

IP telephony market accounted to US$ 25.26 Bn in 2017 and is anticipated to grow at a CAGR of 10.1% to account for US$ 63.47 Bn by 2027.

Within this market, various regions are observed to exhibit different growth trends. North America holds the largest share of the total market while the areas such as Latin America and APAC are expected to show high growth along with the increasing growth in the industrial and IT sector.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

IP Telephony Market: Strategic Insights

ip-telephony-market
Market Size Value inUS$ 25.26 Billion in 2017
Market Size Value byUS$ 63.47 Billion by 2027
Growth rateCAGR of 10.1% from 2018-2027
Forecast Period2018-2027
Base Year2018
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst


  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

The study intends to deliver an overview of IP telephony market with detailed market segmentation. Also, it evaluates the present market state of IP telephony market and forecasts the market till 2027. The report covers market dynamics affecting the IP telephony market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the IP telephony market for all geographic regions. Further, the report includes the detailed company profiles of the key players in the IP telephony market along with their market strategies with the SWOT analysis for all company profiled in the report.

Wireless access points create a wireless network addressing the needs of multiple users. Maximum enterprises adopt wireless telephones in their office environments which offer employees with high mobility. Also, the adoption of wireless devices among enterprises is high. Use of wireless devices increases employee mobility, level of complexity & maintenance, and ultimately the company’s overall efficiency. Moreover, use of wireless devices and IP phones delivers a hassle-free experience to the workforce and enhances the configuration. In addition to this, Players introduces new products to extend their IP telephony product portfolio. For instance, Grandstream extended its IP phone portfolio. The company’s WP820 provides portable WiFi IP phone with dual-band WiFi support, built-in feature of Bluetooth, and a sophisticated antenna design which permit the users to impeccably roam across any WiFi environment.

APAC is expected to be the fastest growing region in the IP telephony market. The primary reason for this is the presence of a considerable number of companies coupled with some favorable Government policies encouraging the setup of businesses in the region. India, China, are some of the relevant countries in Asia. Geographically, North America will have the largest share in the IP telephony market by 2027, owing to rapid technological developments, various investments, and supportive Government policies in the western part of the world.

The leading players operating in the field of IP Telephony across the globe include Microsoft Corporation, Cisco Systems, Inc., Avaya Inc., NEC Corporation, Mitel Networks Corporation, Yealink Inc., Panasonic Corporation, Toshiba Corporation, Polycom, Inc., and Ascom Holding AG and among others.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component , Hardware ; Service , Installation Type : Enterprise Size End Users

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

1. Avaya INC.
2. Mitel Networks Corporation
3. NEC Corporation
4. MICROSOFT CORPORATION
5. Cisco Systems, Inc.
6. Panasonic Corporation
7. Yealink Inc.
8. Toshiba Corporation
9. Ascom Holding AG
10. Polycom, Inc.








The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to IP Telephony Market