IP Telephony Market Share, Analysis, and Growth by 2031
IP Telephony Market: Strategic Insights
IP Telephony Market
-
CAGR (2023 - 2031)14.1% -
Market Size 2023
US$ 29.65 Billion -
Market Size 2031
US$ 85.16 Billion
Market Dynamics
GROWTH DRIVERS
- Growth in cyberattacks
FUTURE TRENDS
- Combined use of AI and ML
OPPORTUNITIES
- Growth in Remote Work and Mobility
Key Players
- Avaya Inc
- Cisco Systems Inc
- Gigaset Communications
- LG Electronics Inc
- Mitel Networks Corporation
- Panasonic Corporation
- Polycom Inc
- Yealink Inc
- NEC Corporation
- Grandstream Networks Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Hardware
- Software
- Services
Hardware
- IP Desktop Phones
- DECT Phones
- IP Conference Phones
Service
- Installation & Maintenance
- Professional Services
Installation Type
- Wired and Wireless