Global Desktop IP Phones Market: Executive Summary on Trends, Latest Developments, Growth Drivers & Risks, Favourite Brands, and Regional Leaders Overview (Includes Business Impact of COVID-19)

                                          
The global desktop IP phone was valued at US$ 7,457.4 Mn in 2017, and is expected to register a CAGR of over 0.5%. The report offers in-depth insights, revenue details, and other vital information regarding the global desktop IP phone and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report also offers insightful and detailed information regarding the various key players operating in the global desktop IP phone market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global desktop IP phone market is segmented on the basis of type, application, and region.


Desktop IP phone uses Internet protocol suite (IP) instead of public switched telephone network (PSTN) to convert voice into Internet data packets and vice versa.  Desktop IP Phone are widely used in office and hotel. Types of desktop IP phones includes video desktop IP phone and common desktop IP phone.

Global Desktop IP Phone Dynamics:


Desktop IP phone provides faster, secure and efficient multichannel connectivity, owing to which desktop IP phones is being adopted in various industries such as hotels, offices, customer care centers, etc. This is a major factor driving the growth of the global desktop IP phone market over the forecast period. In addition, technological advancements in desktop IP phones such as WI-FI and Bluetooth connectivity and integration of USB ports are other factors expected to drive growth of the global desktop IP phone market. In July 2016, Fanvil Technology Co., Ltd. introduced X3S IP phone with color screen and elegant appearance for office users.

However, desktop IP phones are costlier compared to analog phones. Desktop IP phones require a built-in two-port switch to connect to PC or two network cables for IP phone and PC separately, which increases installation cost thus limiting the market growth. Desktop IP phones require an uninterrupted power supply or other emergency power source during operations. Some models are needed to remain plugged into a power source round the clock. In addition, desktop IP requires high bandwidth and gets disconnected in case of network breakdown thus limiting the growth of global desktop IP phone market over the forecast period.

Development of more cost-effective and multi-functional IP phones that provide user-friendly interface can create potential opportunities for players in the market. Advancements in desktop IP phones that can operate without external power supply can result in further opportunities for players in the market to expand their presence and revenue share.

Market analysis by type:

On the basis of type, the market is segmented based on video desktop IP phone and common desktop IP phone. The common desktop IP phone segment is expected to contribute major revenue share and expected to maintain its dominance over the forecast period. Common desktop IP phone witness highest CAGR of over 0.8%, as it provides high quality audio and audio conferencing features. Furthermore, increasing demand by end-users/consumers in corporate offices, hotels, hospitals, institutes, residential sector, banking sector, supermarkets, etc., as well as, the need to simplify communication services and billing within respective networks is expected to drive growth of this segment over the forecast period.

Market analysis by application:

On the basis of application, the market is segmented based on office, hotel, and others. Among all the application segments, office segment is expected to register highest CAGR of over 0.8% owing increasing adoption of desktop IP phones in corporate offices, increasing use of IP phones for video conferencing, as it is more cost effective option as compared to private branch exchange (PBX) call routing.

IP phones are highly preferred in offices owing to features such as large touch screen display to support video chats, Bluetooth integration, wireless connectivity, security enhancements, personal mobile device integration, etc.
Market analysis by region:

The US market is expected to dominate the global desktop IP phone, and it accounts for largest market revenue over US$ 8.0 million in 2017, as compared to that of markets in other regions. Dominance by the US market is expected to continue over the forecast period with comparatively significant CAGR than that of other regions, owing to availability of IP phones at a much cheaper rate than that of conventional analog phones in the region. Other factors include the presence of leading desktop IP manufacturers in these countries. The manufacturers are developing new and innovative desktop IP phones that are not only cost-effective and energy efficient, but also use raw materials that are environment friendly, these factors is anticipated to boost growth of the US desktop IP market over the forecast period.

In 2017, Europe accounted for the second largest revenue share contribution to the global desktop IP phone, owing to increasing overall consumption of desktop IP phones in Europe. Prominent desktop IP phones manufacturers and distributors such as Alcatel-Lucent and Snom Technology GmbH are based in France and Germany. Apart from these major companies, Avaya Inc. also has strong presence in the region and provides specific products that are available only in this region. For instance, products such as T3 Comfort, T3 Classic and T3 Compact are developed and marketed by Avaya Inc. and are available only in Europe, Middle East & Africa region (EMEA).

Players in the market are strengthening its product portfolio and strategically expanding the market either through acquisition or by signing the agreement in order to gain competitive advantage. For instance, in September 2017, Mitel Networks Corporation completed its acquisition of ShoreTel, Inc. -a company engaged in the development and sale of Internet protocol (IP) communications systems for enterprises. In 2013, Jenne Inc -one of the leading distributor of IP telephony, audio and video conferencing, unified communications (UC), data networking, etc. signed a distribution agreement with Yealink. The agreement was commenced to increase Yealinks share to the North American region. In August 2014, Fanvil Technology Co., Ltd. and Allo -a leading manufacturer of telecom and security solution products -announced a partnership to offer end-to-end Intercom VOIP solutions.

Market Segmentation:

 Global desktop IP phone market segmentation, by type:

  
Video Desktop IP Phone
Common Desktop IP Phone

Global desktop IP phone market segmentation, by application:

  
Office
  
Hotel
  
Others

Global desktop IP phone market segmentation, by region:

  
US
  
Europe
  
Japan
  
China
  
India
  
Southeast Asia

Key Market Players included in the report: Global Desktop IP Phones Market

  
Cisco Corporation
  
Avaya Inc.
  
Alcatel-Lucent SA (Acquired by Nokia Corporation),
  
Yealink Inc.
  
Grandstream Networks, Inc.
  
NEC Corporation, D-Link Corporation
  
Escene Communication Co., Ltd.
  
Mitel Networks Corporation,
  
Fanvil Technology Co., Ltd.,
  
Snom Technology GmbH,
  
Xorcom Ltd.

Key Insights Covered: Global Desktop IP Phones Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Desktop IP Phones industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Desktop IP Phones industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Desktop IP Phones industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Desktop IP Phones industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Desktop IP Phones industry.

Research Methodology: Global Desktop IP Phones Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.