IP Telephony Market
IP Telephony Market Study By Hardware-Based, Softphones, and Services for BSFI, Healthcare, Retail, and Government Organizations from 2024 to 2034
Analysis of IP Telephony Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
IP Telephony Market Outlook (2024 to 2034)
The global IP telephony market is set to reach a valuation of US$ 37.3 billion in 2024 and thereafter expand at a CAGR of 8% to end up at US$ 80.6 billion by the year 2034.
IP telephony, or Internet Protocol telephony, is the technology that facilitates voice communication and multimedia sessions over IP networks. Instead of using traditional telephone networks, IP telephony utilizes the same protocols that the Internet uses to transmit data. This technology allows voice, video, and other communication services to be transmitted over the Internet, thereby providing a more flexible and cost-effective alternative to traditional telephone systems.
IP telephony encompasses various services and applications, including Voice over IP (VoIP), which specifically refers to the transmission of voice communication over IP networks. IP telephony solutions are more popular among the different business corporations due to profitability and affordability factors. Furthermore, ease of use of improved technology and high productivity are factors driving IP telephony adoption.
Several other benefits such as cost-effectiveness, an attractive user interface, business call tracking, call reports, easy and quick setup, and security over the network are provided by cloud telephony services. As such, enterprises across the world are increasingly adopting IP telephony services.
- North America is anticipated to account for 31.5% of the global IP telephony market share by 2034.
- As per Fact.MR’s analysis, the East Asian IP telephony market size is calculated at US$ 8.8 billion for 2024.
| Report Attributes | Details |
|---|---|
| IP Telephony Market Size (2024E) | US$ 37.3 Billion |
| Forecasted Market Value (2034F) | US$ 80.6 Billion |
| Global Market Growth Rate (2024 to 2034) | 8% CAGR |
| South Korea Market Value (2024E) | US$ 1.9 Billion |
| Softphone Demand Growth (2024 to 2034) | 9.2% CAGR |
| Key Companies Profiled |
|
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Which Market Dynamics are Influencing Sales of IP Telephony Systems?
“Shift from On-premise IP Telephony Systems to Cloud-based Solutions”
The gradual shift from on-premise IP telephony systems to cloud-based solutions is a major move in the communication infrastructure of businesses. This IP telephony market trend is primarily driven by several key advantages that cloud-based IP telephony offers over traditional on-premises systems.
One of the prime factors behind this shift to cloud-based IP telephony is scalability. Cloud solutions provide businesses with a dynamic and flexible environment where they can easily scale their communication infrastructure up or down based on their evolving needs. This scalability is particularly valuable for organizations experiencing growth or fluctuations in demand, allowing them to efficiently adjust their telephony resources without the need for significant capital investments or complex system upgrades.
Cost-effectiveness is another compelling factor fueling the adoption of cloud-based IP telephony services. Unlike on-premises systems that often require substantial upfront investments in hardware, software, and maintenance, cloud solutions operate on a subscription-based model. This means that businesses can access advanced telephony features and services without the burden of hefty initial expenditures.
“Integration of Emerging Technologies Advancing Performance of IP Telephony Solutions”
One of the prominent trends is the integration of artificial intelligence (AI) into IP telephony systems. AI integration introduces advanced capabilities that enhance the overall user experience. This integration also offers companies the opportunity to differentiate their offerings and stand out in a competitive market.
AI's integration into IP telephony introduces intelligent features that optimize communication processes. Natural Language Processing (NLP) enables voice-activated commands and automated language understanding, making interactions more intuitive and efficient.
Virtual assistants powered by AI can handle routine tasks, such as call routing or scheduling, reducing the workload on users and improving productivity. The enhanced analytic capabilities of IP telephony systems provide crucial insights into communication patterns, performance metrics, and user behaviors. Companies can use these analytics to improve their communication strategies, identify trends, and make data-driven decisions.
Which Factors are Hampering Sales Growth of IP Telephony Services?
“Network Reliability Concerns Critical Consideration for Potential Adopters”
The effectiveness of IP telephony is related to the reliability and quality of the underlying network infrastructure. While IP telephony offers numerous advantages, including cost-effectiveness and flexibility, its dependency on network connectivity exposes it to potential disruptions, raising concerns about reliability and the quality of service. These concerns can act as significant barriers to adoption, particularly in certain regions or industries where network stability is a critical factor.
Traditional telephone systems, operating on dedicated and often redundant lines, have historically offered a high level of reliability. In contrast, IP telephony relies on data networks, which are susceptible to various issues such as bandwidth limitations, network congestion, and occasional outages. In regions or industries with less developed or unstable network infrastructures, concerns about reliability become more pronounced. Thus, all such aspects are hampering the IP telephony market growth.
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Which Strategic Approaches are New Companies Resorting To?
“Focus on Innovations to Stand Out in Highly Competitive Space”
New companies can enhance their position in the market by focusing on innovation aspects, thereby leading to the introduction of new features and functionalities that are well ahead of the basics of IP telephony. Integration of cutting-edge technologies such as artificial intelligence (AI) for enhanced automation, improved user interfaces, and advanced analytic capabilities will set new market players apart from their competitors.
Country-wise Analysis
Why is the United States a Large Consumer of IP Telephony Solutions?
“End Users Demanding Advanced IP Telephony Services”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 5.5 Billion |
| Growth Rate (2024 to 2034) | 7.8% CAGR |
| Projected Value (2034F) | US$ 11.6 Billion |
Businesses in the United States prioritize advanced features and continuous innovation. IP telephony solutions that incorporate artificial intelligence (AI), improved user interfaces, and analytics capabilities provide organizations with cutting-edge communication tools. IP telephony solutions offer flexibility for companies to scale their communication infrastructure according to evolving needs, supporting the dynamic nature of United States business environments.
Will Germany be a Profitable Market for IP Telephony System Providers?
“Industry-Specific Customization Driving Adoption of Personalized IP Telephony Systems”
German businesses often seek industry-specific solutions. IP telephony providers that offer customization to align with specific industry requirements, such as healthcare or manufacturing, are expected to earn more by meeting the unique needs of diverse German sectors.
What’s Driving Demand for IP Telephony Solutions in Japan?
“Early Adopter Leading to Demand for Technologically Advanced IP Telephony Solutions”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 2.5 Billion |
| Growth Rate (2024 to 2034) | 9.3% CAGR |
| Projected Value (2034F) | US$ 6.2 Billion |
Japan has a strong emphasis on technological innovation. IP telephony solutions that showcase the latest advancements, including AI-driven features, augmented reality (AR), or virtual reality (VR) integration, are likely to attract Japanese businesses looking for cutting-edge communication tools. Japanese businesses prioritize reliability and redundancy in their communication systems. IP telephony solutions with robust failover mechanisms are likely to be favored in the Japanese market.
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Category-wise Analysis
Which is the Prime IP Telephony Component in the Market?
“Reliability and Stability Properties of Hardware-based IP Telephony Systems”
| Attribute | Hardware-Based |
|---|---|
| Segment Value (2024E) | US$ 24.6 Billion |
| Growth Rate (2024 to 2034) | 7.3% CAGR |
| Projected Value (2034F) | US$ 50 Billion |
Hardware-based IP telephony systems often provide a high level of reliability and stability compared to software-based solutions. The advanced hardware infrastructure helps ensure consistent performance, reducing the risk of system failures or disruptions in communication.
These systems are designed to prioritize and maintain a high-quality service. The hardware components contribute to efficient call processing, minimizing issues such as latency and packet loss, which can affect voice quality in communication. All such characteristics of hardware-based IP telephony systems are driving their sales growth.
Which is the Key End-use Industry of IP Telephony Solutions?
“BSFI Sector Enjoying Enhanced Customer Interaction Using IP Telephony Systems”
| Attribute | BSFI |
|---|---|
| Segment Value (2024E) | US$ 8.2 Billion |
| Growth Rate (2024 to 2034) | 8.5% CAGR |
| Projected Value (2034F) | US$ 18.5 Billion |
The BSFI sector is experiencing dynamic growth and changes in workforce size. IP telephony solutions provide scalability, allowing financial institutions to easily expand or contract their communication infrastructure based on business needs. This flexibility is crucial in a sector that may experience rapid changes in operational requirements.
IP telephony also helps financial institutions enhance customer interaction through features such as automated voice response systems, call routing, and personalized services. These capabilities contribute to improved customer service, streamlined communication, and efficient query resolution. Thus, this is leading to IP telephony system demand growth in the BFSI applications.
Competitive Landscape
Key players in the IP telephony industry are eyeing technological innovations to provide the most accurate and precise communication system arrangements to their customers. As there is a significant increase in AI implementation in the IP telephony industry, companies are forging collaborative agreements with government entities to enhance their presence across major geographies. Also, many prime producers are collaborating with others and incorporating new strategies to expand their businesses.
- In April 2022, MiRO, a renowned cloud-based collaboration tool for SMEs, announced its partnership with SNOM, a leading IP phone manufacturer, to offer a complete end-to-end voice-over IP (VOIP) solution through SNOM’s powerful, flexible, and versatile communication experience.
Key Segments of IP telephony Market Research
-
By Component :
- Hardware-Based
- Softphones
- Services
-
By End Use :
- BSFI
- Healthcare
- Retail
- Government Organizations
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
1. Preface 1.1. Market Definition and Scope 1.2. Market Segmentation 1.3. Key Research Objectives 1.4. Research Highlights 2. Assumptions and Research Methodology 3. Executive Summary : Global Market 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.3. Comparison Between Hardware Based IP Phones and IP Softphones 4.4. Global Market Analysis and Forecasts, 2019-2034 4.4.1. Market Revenue Projections (US$ Mn) 4.5. Porter’s Five Force Model 4.6. Ecosystem Analysis 4.7. Market Outlook 5. Global Market Analysis and Forecasts, By Component 5.1. Overview & Definitions 5.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 5.2.1. Hardware Based 5.2.1.1. IP Desktop Phones 5.2.1.2. Audio Conference Phones 5.2.1.3. DECT Phones 5.2.2. Softphones 5.2.3. Services 5.3. Market Attractiveness By Component 6. Global Market Analysis and Forecasts, By End Use 6.1. Overview & Definitions 6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 6.2.1. BFSI 6.2.2. Healthcare 6.2.3. Retail 6.2.4. Government Organizations 6.2.5. Others 6.3. Market Attractiveness By End Use 7. Global Market Analysis and Forecasts, By Region 7.1. Key Findings 7.2. Market Size (US$ Mn) Forecast By Region, 2019-2034 7.2.1. North America 7.2.2. Europe 7.2.3. Asia Pacific 7.2.4. Middle East and Africa 7.2.5. South America 7.3. Market Attractiveness By Country/Region 8. North America Market Analysis and Forecast 8.1. Key Trends 8.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 8.2.1. Hardware Based 8.2.1.1. IP Desktop Phones 8.2.1.2. Audio Conference Phones 8.2.1.3. DECT Phones 8.2.2. Softphones 8.2.3. Services 8.3. Market Size (US$ Mn) Forecast By End Use, 2019-2034 8.3.1. BFSI 8.3.2. Healthcare 8.3.3. Retail 8.3.4. Government Organizations 8.3.5. Others 8.4. Market Size (US$ Mn) Forecast By Country, 2019-2034 8.4.1. The U.S. 8.4.2. Canada 8.4.3. Rest of North America 8.5. The U.S. Market Analysis and Forecast 8.5.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 8.5.1.1. Hardware Based 8.5.1.1.1. IP Desktop Phones 8.5.1.1.2. Audio Conference Phones 8.5.1.1.3. DECT Phones 8.5.1.2. Softphones 8.5.1.3. Services 8.5.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 8.5.2.1. BFSI 8.5.2.2. Healthcare 8.5.2.3. Retail 8.5.2.4. Government Organizations 8.5.2.5. Others 8.6. Canada Market Analysis and Forecast 8.6.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 8.6.1.1. Hardware Based 8.6.1.1.1. IP Desktop Phones 8.6.1.1.2. Audio Conference Phones 8.6.1.1.3. DECT Phones 8.6.1.2. Softphones 8.6.1.3. Services 8.6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 8.6.2.1. BFSI 8.6.2.2. Healthcare 8.6.2.3. Retail 8.6.2.4. Government Organizations 8.6.2.5. Others 8.6.3. Market Attractiveness Analysis 8.6.3.1. By Component 8.6.3.2. By End Use 8.7. Rest of North America Market Analysis and Forecast 8.7.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 8.7.1.1. Hardware Based 8.7.1.1.1. IP Desktop Phones 8.7.1.1.2. Audio Conference Phones 8.7.1.1.3. DECT Phones 8.7.1.2. Softphones 8.7.2. Services Market Size (US$ Mn) Forecast By End Use, 2019-2034 8.7.2.1. BFSI 8.7.2.2. Healthcare 8.7.2.3. Retail 8.7.2.4. Government Organizations 8.7.2.5. Others 8.8. North America Market Attractiveness Analysis 8.8.1.1. By Component 8.8.1.2. By End Use 8.8.1.3. By Country 9. Europe Market Analysis and Forecast 9.1. Key Trends 9.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 9.2.1. Hardware Based 9.2.1.1. IP Desktop Phones 9.2.1.2. Audio Conference Phones 9.2.1.3. DECT Phones 9.2.2. Softphones 9.2.3. Services 9.3. Market Size (US$ Mn) Forecast By End Use, 2019-2034 9.3.1. BFSI 9.3.2. Healthcare 9.3.3. Retail 9.3.4. Government Organizations 9.3.5. Others 9.4. Market Size (US$ Mn) Forecast By Country, 2019-2034 9.4.1. The U.K. 9.4.2. Germany 9.4.3. France 9.4.4. Rest of Europe 9.5. The U.K. Market Analysis and Forecast 9.5.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 9.5.1.1. Hardware Based 9.5.1.1.1. IP Desktop Phones 9.5.1.1.2. Audio Conference Phones 9.5.1.1.3. DECT Phones 9.5.1.2. Softphones 9.5.1.3. Services 9.5.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 9.5.2.1. BFSI 9.5.2.2. Healthcare 9.5.2.3. Retail 9.5.2.4. Government Organizations 9.5.2.5. Others 9.5.3. Market Attractiveness Analysis 9.5.3.1. By Component 9.5.3.2. By End Use 9.6. Germany Market Analysis and Forecast 9.6.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 9.6.1.1. Hardware Based 9.6.1.1.1. IP Desktop Phones 9.6.1.1.2. Audio Conference Phones 9.6.1.1.3. DECT Phones 9.6.1.2. Softphones 9.6.1.3. Services 9.6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 9.6.2.1. BFSI 9.6.2.2. Healthcare 9.6.2.3. Retail 9.6.2.4. Government Organizations 9.6.2.5. Others 9.6.3. Market Attractiveness Analysis 9.6.3.1. By Component 9.6.3.2. By End Use 9.7. France Market Analysis and Forecast 9.7.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 9.7.1.1. Hardware Based 9.7.1.1.1. IP Desktop Phones 9.7.1.1.2. Audio Conference Phones 9.7.1.1.3. DECT Phones 9.7.1.2. Softphones 9.7.1.3. Services 9.7.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 9.7.2.1. BFSI 9.7.2.2. Healthcare 9.7.2.3. Retail 9.7.2.4. Government Organizations 9.7.2.5. Others 9.7.3. Market Attractiveness Analysis 9.7.3.1. By Component 9.7.3.2. By End Use 9.8. Rest of Europe Market Analysis and Forecast 9.8.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 9.8.1.1. Hardware Based 9.8.1.1.1. IP Desktop Phones 9.8.1.1.2. Audio Conference Phones 9.8.1.1.3. DECT Phones 9.8.1.2. Softphones 9.8.1.3. Services 9.8.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 9.8.2.1. BFSI 9.8.2.2. Healthcare 9.8.2.3. Retail 9.8.2.4. Government Organizations 9.8.2.5. Others 9.9. Europe Market Attractiveness Analysis 9.9.1.1. By Component 9.9.1.2. By End Use 9.9.1.3. By Country 10. Asia Pacific Market Analysis and Forecast 10.1. Key Trends 10.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 10.2.1. Hardware Based 10.2.1.1. IP Desktop Phones 10.2.1.2. Audio Conference Phones 10.2.1.3. DECT Phones 10.2.2. Softphones 10.2.3. Services 10.3. Market Size (US$ Mn) Forecast By End Use, 2019-2034 10.3.1. BFSI 10.3.2. Healthcare 10.3.3. Retail 10.3.4. Government Organizations 10.3.5. Others 10.4. Market Size (US$ Mn) Forecast By Country, 2019-2034 10.4.1. China 10.4.2. India 10.4.3. Japan 10.4.4. Rest of Asia Pacific 10.5. China Market Analysis and Forecast 10.5.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 10.5.1.1. Hardware Based 10.5.1.1.1. IP Desktop Phones 10.5.1.1.2. Audio Conference Phones 10.5.1.1.3. DECT Phones 10.5.1.2. Softphones 10.5.1.3. Services 10.5.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 10.5.2.1. BFSI 10.5.2.2. Healthcare 10.5.2.3. Retail 10.5.2.4. Government Organizations 10.5.2.5. Others 10.5.3. Market Attractiveness Analysis 10.5.3.1. By Component 10.5.3.2. By End Use 10.6. India Market Analysis and Forecast 10.6.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 10.6.1.1. Hardware Based 10.6.1.1.1. IP Desktop Phones 10.6.1.1.2. Audio Conference Phones 10.6.1.1.3. DECT Phones 10.6.1.2. Softphones 10.6.1.3. Services 10.6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 10.6.2.1. BFSI 10.6.2.2. Healthcare 10.6.2.3. Retail 10.6.2.4. Government Organizations 10.6.2.5. Others 10.6.3. Market Attractiveness Analysis 10.6.3.1. By Component 10.6.3.2. By End Use 10.7. Japan Market Analysis and Forecast 10.7.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 10.7.1.1. Hardware Based 10.7.1.1.1. IP Desktop Phones 10.7.1.1.2. Audio Conference Phones 10.7.1.1.3. DECT Phones 10.7.1.2. Softphones 10.7.1.3. Services 10.7.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 10.7.2.1. BFSI 10.7.2.2. Healthcare 10.7.2.3. Retail 10.7.2.4. Government Organizations 10.7.2.5. Others 10.7.3. Market Attractiveness Analysis 10.7.3.1. By Component 10.7.3.2. By End Use 10.8. Rest of Asia Pacific Market Analysis and Forecast 10.8.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 10.8.1.1. Hardware Based 10.8.1.1.1. IP Desktop Phones 10.8.1.1.2. Audio Conference Phones 10.8.1.1.3. DECT Phones 10.8.1.2. Softphones 10.8.1.3. Services 10.8.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 10.8.2.1. BFSI 10.8.2.2. Healthcare 10.8.2.3. Retail 10.8.2.4. Government Organizations 10.8.2.5. Others 10.9. Asia Pacific Market Attractiveness Analysis 10.9.1.1. By Component 10.9.1.2. By End Use 10.9.1.3. By Country 11. Middle East and Africa Market Analysis and Forecast 11.1. Key Trends 11.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 11.2.1. Hardware Based 11.2.1.1. IP Desktop Phones 11.2.1.2. Audio Conference Phones 11.2.1.3. DECT Phones 11.2.2. Softphones 11.2.3. Services 11.3. Market Size (US$ Mn) Forecast By End Use, 2019-2034 11.3.1. BFSI 11.3.2. Healthcare 11.3.3. Retail 11.3.4. Government Organizations 11.3.5. Others 11.4. Market Size (US$ Mn) Forecast By Country, 2019-2034 11.4.1. GCC 11.4.2. South Africa 11.4.3. Rest of Middle East and Africa 11.5. GCC Market Analysis and Forecast 11.5.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 11.5.1.1. Hardware Based 11.5.1.1.1. IP Desktop Phones 11.5.1.1.2. Audio Conference Phones 11.5.1.1.3. DECT Phones 11.5.1.2. Softphones 11.5.1.3. Services 11.5.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 11.5.2.1. BFSI 11.5.2.2. Healthcare 11.5.2.3. Retail 11.5.2.4. Government Organizations 11.5.2.5. Others 11.5.3. Market Attractiveness Analysis 11.5.3.1. By Component 11.5.3.2. By End Use 11.6. South Africa Market Analysis and Forecast 11.6.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 11.6.1.1. Hardware Based 11.6.1.1.1. IP Desktop Phones 11.6.1.1.2. Audio Conference Phones 11.6.1.1.3. DECT Phones 11.6.1.2. Softphones 11.6.1.3. Services 11.6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 11.6.2.1. BFSI 11.6.2.2. Healthcare 11.6.2.3. Retail 11.6.2.4. Government Organizations 11.6.2.5. Others 11.6.3. Market Attractiveness Analysis 11.6.3.1. By Component 11.6.3.2. By End Use 11.7. Rest of Middle East and Africa Market Analysis and Forecast 11.7.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 11.7.1.1. Hardware Based 11.7.1.1.1. IP Desktop Phones 11.7.1.1.2. Audio Conference Phones 11.7.1.1.3. DECT Phones 11.7.1.2. Softphones 11.7.1.3. Services 11.7.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 11.7.2.1. BFSI 11.7.2.2. Healthcare 11.7.2.3. Retail 11.7.2.4. Government Organizations 11.7.2.5. Others 11.8. Middle East and Africa Market Attractiveness Analysis 11.8.1.1. By Component 11.8.1.2. By End Use 11.8.1.3. By Country 12. South America Market Analysis and Forecast 12.1. Key Trends 12.2. Market Size (US$ Mn) Forecast By Component, 2019-2034 12.2.1. Hardware Based 12.2.1.1. IP Desktop Phones 12.2.1.2. Audio Conference Phones 12.2.1.3. DECT Phones 12.2.2. Softphones 12.2.3. Services 12.3. Market Size (US$ Mn) Forecast By End Use, 2019-2034 12.3.1. BFSI 12.3.2. Healthcare 12.3.3. Retail 12.3.4. Government Organizations 12.3.5. Others 12.4. Market Size (US$ Mn) Forecast By Country, 2019-2034 12.4.1. Brazil 12.4.2. Argentina 12.4.3. Rest of Middle East and Africa 12.5. Brazil Market Analysis and Forecast 12.5.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 12.5.1.1. Hardware Based 12.5.1.1.1. IP Desktop Phones 12.5.1.1.2. Audio Conference Phones 12.5.1.1.3. DECT Phones 12.5.1.2. Softphones 12.5.1.3. Services 12.5.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 12.5.2.1. BFSI 12.5.2.2. Healthcare 12.5.2.3. Retail 12.5.2.4. Government Organizations 12.5.2.5. Others 12.5.3. Market Attractiveness Analysis 12.5.3.1. By Component 12.5.3.2. By End Use 12.6. Argentina Market Analysis and Forecast 12.6.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 12.6.1.1. Hardware Based 12.6.1.1.1. IP Desktop Phones 12.6.1.1.2. Audio Conference Phones 12.6.1.1.3. DECT Phones 12.6.1.2. Softphones 12.6.1.3. Services 12.6.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 12.6.2.1. BFSI 12.6.2.2. Healthcare 12.6.2.3. Retail 12.6.2.4. Government Organizations 12.6.2.5. Others 12.6.3. Market Attractiveness Analysis 12.6.3.1. By Component 12.6.3.2. By End Use 12.7. Rest of South America Market Analysis and Forecast 12.7.1. Market Size (US$ Mn) Forecast By Component, 2019-2034 12.7.1.1. Hardware Based 12.7.1.1.1. IP Desktop Phones 12.7.1.1.2. Audio Conference Phones 12.7.1.1.3. DECT Phones 12.7.1.2. Softphones 12.7.1.3. Services 12.7.2. Market Size (US$ Mn) Forecast By End Use, 2019-2034 12.7.2.1. BFSI 12.7.2.2. Healthcare 12.7.2.3. Retail 12.7.2.4. Government Organizations 12.7.2.5. Others 12.8. South America Market Attractiveness Analysis 12.8.1.1. By Component 12.8.1.2. By End Use 12.8.1.3. By Country 13. Competition Landscape 13.1. Market Player – Competition Matrix 13.2. Market Share Analysis By Company (2020) 13.3. Company Profiles (Details – Overview, Financials, Recent Developments, SWOT, Strategy) 13.3.1. Ascom Holding AG 13.3.1.1. Overview 13.3.1.2. Financials 13.3.1.3. Recent Developments 13.3.1.4. SWOT 13.3.1.5. Strategy 13.3.2. Avaya Inc. 13.3.2.1. Overview 13.3.2.2. Financials 13.3.2.3. Recent Developments 13.3.2.4. SWOT 13.3.2.5. Strategy 13.3.3. Cisco Systems, Inc. 13.3.3.1. Overview 13.3.3.2. Financials 13.3.3.3. Recent Developments 13.3.3.4. SWOT 13.3.3.5. Strategy 13.3.4. Gigaset Communications 13.3.4.1. Overview 13.3.4.2. Financials 13.3.4.3. Recent Developments 13.3.4.4. SWOT 13.3.4.5. Strategy 13.3.5. LG Electronics. 13.3.5.1. Overview 13.3.5.2. Financials 13.3.5.3. Recent Developments 13.3.5.4. SWOT 13.3.5.5. Strategy 13.3.6. Mitel Networks Corporation 13.3.6.1. Overview 13.3.6.2. Financials 13.3.6.3. Recent Developments 13.3.6.4. SWOT 13.3.6.5. Strategy 13.3.7. Panasonic Corporation 13.3.7.1. Overview 13.3.7.2. Financials 13.3.7.3. Recent Developments 13.3.7.4. SWOT 13.3.7.5. Strategy 13.3.8. Polycom Inc. 13.3.8.1. Overview 13.3.8.2. Financials 13.3.8.3. Recent Developments 13.3.8.4. SWOT 13.3.8.5. Strategy 13.3.9. Yealink Inc. 13.3.9.1. Overview 13.3.9.2. Financials 13.3.9.3. Recent Developments 13.3.9.4. SWOT 13.3.9.5. Strategy 13.3.10. NEC Corporation 13.3.10.1. Overview 13.3.10.2. Financials 13.3.10.3. Recent Developments 13.3.10.4. SWOT 13.3.10.5. Strategy 13.3.11. Grandstream Networks Inc. 13.3.11.1. Overview 13.3.11.2. Financials 13.3.11.3. Recent Developments 13.3.11.4. SWOT 13.3.11.5. Strategy 14. Key Takeaways
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List Of Table
Table 01: Global Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 02: Global Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 03: Global Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 04: Global Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 05: Global Market Size (US$ Mn) Forecast, By Region, 2019-2034
Table 06: North America Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 07: North America Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 08: North America Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 09: North America Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 10: North America Market Size (US$ Mn) Forecast, By Country/Region, 2019-2034
Table 11: The U.S. Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 12: The U.S. Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 13: The U.S. Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 14: The U.S. Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 15: Canada Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 16: Canada Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 17: Canada Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 18: Canada Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 19: Rest of North America Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 20: Rest of North America Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 21: Rest of North America Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 22: Rest of North America Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 23: Europe Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 24: Europe Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 25: Europe Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 26: Europe Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 27: Europe Market Size (US$ Mn) Forecast, By Country/Region, 2019-2034
Table 28: The U.K. Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 29: The U.K. Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 30: The U.K. Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 31: The U.K. Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 32: Germany Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 33: Germany Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 34: Germany Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 35: Germany Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 36: France Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 37: France Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 38: France Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 39: France Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 40: Rest of Europe Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 41: Rest of Europe Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 42: Rest of Europe Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 43: Rest of Europe Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 44: Asia Pacific Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 45: Asia Pacific Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 46: Asia Pacific Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 47: Asia Pacific Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 48: Asia Pacific Market Size (US$ Mn) Forecast, By Country/Region, 2019-2034
Table 49: China Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 50: China Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 51: China Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 52: China Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 53: India Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 54: India Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 55: India Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 56: India Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 57: Japan Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 58: Japan Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 59: Japan Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 60: Japan Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 61: Rest of Asia Pacific Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 62: Rest of Asia Pacific Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 63: Rest of Asia Pacific Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 64: Rest of Asia Pacific Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 65: Middle East and Africa Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 66: Middle East and Africa Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 67: Middle East and Africa Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 68: Middle East and Africa Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 69: Middle East and Africa Market Size (US$ Mn) Forecast, By Country/Region, 2019-2034
Table 70: GCC Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 71: GCC Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 72: GCC Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 73: GCC Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 74: South Africa Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 75: South Africa Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 76: South Africa Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 77: South Africa Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 78: Rest of Middle East and Africa Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 79: Rest of Middle East and Africa Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 80: Rest of Middle East and Africa Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 81: Rest of Middle East and Africa Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 82: South America Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 83: South America Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 84: South America Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 85: South America Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 86: South America Market Size (US$ Mn) Forecast, By Country/Region, 2019-2034
Table 87: Brazil Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 88: Brazil Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 89: Brazil Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 90: Brazil Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 91: Argentina Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 92: Argentina Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 93: Argentina Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 94: Argentina Market Size (US$ Mn) Forecast, By End Use, 2019-2034
Table 95: Rest of South America Market Size (US$ Mn) Forecast, By Component, 2019-2034
Table 96: Rest of South America Market Size (US$ Mn) Forecast, By Hardware Based, 2019-2034
Table 97: Rest of South America Market Size (US$ Mn) Forecast, By Service, 2019-2034
Table 98: Rest of South America Market Size (US$ Mn) Forecast, By End Use, 2019-2034
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List Of Figures
Figure 01: Global Market Size (US$ Mn) Forecast, 2019-2034
Figure 02: Global Market Y-o-Y Growth (Value %) Forecast, 2019-2034
Figure 03: Market Revenue (US$ Mn) Growth Analysis, By Component, 2024-2034
Figure 04: Market Revenue (US$ Mn) Growth Analysis, By End Use, 2024-2034
Figure 05: Market Revenue (US$ Mn) Growth Analysis, By Region, 2024-2034
Figure 06: Global Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 07: Global Market Attractiveness Analysis, By, Component
Figure 08: Global Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 09: Global Market Attractiveness Analysis, By End Use
Figure 10: Global Market Revenue Share Analysis, By Region, 2024 and 2034
Figure 11: Global Market Attractiveness Analysis, By Region
Figure 12: North America Market Size (US$ Mn) Forecast, 2019-2034
Figure 13: North America Market Size Y-o-Y Growth Projections, 2019-2034
Figure 14: North America Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 15: North America Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 16: North America Market Revenue Share Analysis, By Country/Region, 2024 and 2034
Figure 17: The U.S. Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 18: The U.S. Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 19: The U.S. Market Attractiveness Analysis, By Component
Figure 20: The U.S. Market Attractiveness Analysis, By End Use
Figure 21: Canada Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 22: Canada Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 23: Canada Market Attractiveness Analysis, By Component
Figure 24: Canada Market Attractiveness Analysis, By End Use
Figure 25: North America Market Attractiveness Analysis, By Component
Figure 26: North America Market Attractiveness Analysis, By End Use
Figure 27: North America Market Attractiveness Analysis, By Country/Region
Figure 28: Europe Market Size (US$ Mn) Forecast, 2019-2034
Figure 29: Europe Market Size Y-o-Y Growth Projections, 2019-2034
Figure 30: Europe Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 31: Europe Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 32: Europe Market Revenue Share Analysis, By Country/Region, 2024 and 2034
Figure 33: The U.K. Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 34: The U.K. Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 35: The U.K. Market Attractiveness Analysis, By Component
Figure 36: The U.K. Market Attractiveness Analysis, By End Use
Figure 37: Germany Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 38: Germany Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 39: Germany Market Attractiveness Analysis, By Component
Figure 40: Germany Market Attractiveness Analysis, By End Use
Figure 41: France Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 42: France Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 43: France Market Attractiveness Analysis, By Component
Figure 44: France Market Attractiveness Analysis, By End Use
Figure 45: Europe Market Attractiveness Analysis, By Component
Figure 46: Europe Market Attractiveness Analysis, By End Use
Figure 47: Europe Market Attractiveness Analysis, By Country/Region
Figure 48: Asia Pacific Market Size (US$ Mn) Forecast, 2019-2034
Figure 49: Asia Pacific Market Size Y-o-Y Growth Projections, 2019-2034
Figure 50: Asia Pacific Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 51: Asia Pacific Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 52: Asia Pacific Market Revenue Share Analysis, By Country/Region, 2024 and 2034
Figure 53: China Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 54: China Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 55: China Market Attractiveness Analysis, By Component
Figure 56: China Market Attractiveness Analysis, By End Use
Figure 57: India Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 58: India Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 59: India Market Attractiveness Analysis, By Component
Figure 60: India Market Attractiveness Analysis, By End Use
Figure 61: Japan Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 62: Japan Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 63: Japan Market Attractiveness Analysis, By Component
Figure 64: Japan Market Attractiveness Analysis, By End Use
Figure 65: Asia Pacific Market Attractiveness Analysis, By Component
Figure 66: Asia Pacific Market Attractiveness Analysis, By End Use
Figure 67: Asia Pacific Market Attractiveness Analysis, By Country/Region
Figure 68: Middle East and Africa Market Size (US$ Mn) Forecast, 2019-2034
Figure 69: Middle East and Africa Market Size Y-o-Y Growth Projections, 2019-2034
Figure 70: Middle East and Africa Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 71: Middle East and Africa Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 72: Middle East and Africa Market Revenue Share Analysis, By Country/Region, 2024 and 2034
Figure 73: GCC Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 74: GCC Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 75: GCC Market Attractiveness Analysis, By Component
Figure 76: GCC Market Attractiveness Analysis, By End Use
Figure 77: South Africa Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 78: South Africa Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 79: South Africa Market Attractiveness Analysis, By Component
Figure 80: South Africa Market Attractiveness Analysis, By End Use
Figure 81: Middle East and Africa Market Attractiveness Analysis, By Component
Figure 82: Middle East and Africa Market Attractiveness Analysis, By End Use
Figure 83: Middle East and Africa Market Attractiveness Analysis, By Country/Region
Figure 84: South America Market Size (US$ Mn) Forecast, 2019-2034
Figure 85: South America Market Size Y-o-Y Growth Projections, 2019-2034
Figure 86: South America Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 87: South America Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 88: South America Market Revenue Share Analysis, By Country/Region, 2024 and 2034
Figure 89: Brazil Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 90: Brazil Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 91: Brazil Market Attractiveness Analysis, By Component
Figure 92: Brazil Market Attractiveness Analysis, By End Use
Figure 93: Argentina Market Revenue Share Analysis, By Component, 2024 and 2034
Figure 94: Argentina Market Revenue Share Analysis, By End Use, 2024 and 2034
Figure 95: Argentina Market Attractiveness Analysis, By Component
Figure 96: Argentina Market Attractiveness Analysis, By End Use
Figure 97: South America Market Attractiveness Analysis, By Component
Figure 98: South America Market Attractiveness Analysis, By End Use
Figure 99: South America Market Attractiveness Analysis, By Country/Region
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- FAQs -
How big is the IP telephony market in 2024?
The global IP telephony market is calculated at US$ 37.3 billion for 2024.
What is the anticipated market value of IP telephony for 2034?
The market for IP telephony systems is projected to reach US$ 80.6 billion by 2034.
At what rate IP telephony demand is forecasted to expand?
Demand for IP telephony systems is foreseen to increase at a CAGR of 8% from 2024 to 2034.
What are the estimated sales of IP telephony systems in South Korea?
The South Korea market is approximated at a value of US$ 1.9 billion in 2024.
Which component type is most widely demanded?
Demand for hardware-based IP telephony solutions is forecasted to reach a market value of US$ 50 billion by 2034.
Who are the top IP telephony solution providers?
Some of the leading IP telephony solution providers are Avaya Inc., Cisco, and Gigaset.
IP Telephony Market