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IP Phone Market size was US$ 3.09 Bn. in 2023 and is expected to reach US$ 7.36 Bn. by 2030, at a CAGR of 13.2% during forecast period.<br>
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IP Phone Marketglobal Analysis Report 2024-30 Published by:Swati, Marketing Head
Market Size & Overview: The global IP phone market was valued at $3.09 billion in 2023 and is expected to grow to $7.36 billion by 2030, driven by the increasing adoption of IP phones due to cost-effectiveness and advanced features like easy installation and service mobility.
Market Growth & Opportunities The market is growing due to high demand for integrated communication systems, advancements in Wi-Fi technology, and a competitive telecommunications landscape. Opportunities lie in expanding market reach and enhancing mobile telephony solutions. Sample Request
Market Segmentation by Type Wired DECT Wi-Fi by End User Corporate Consumers Individual Consumers by Component Software TCP/IP DHCP DNS Others Hardware Display Ethernet Speaker/Microphone
Regional Analysis: North America: Leading the market with significant contributions from the US and Canada, supported by technological innovation. Europe: Steady growth driven by adoption in enterprise and official sectors. APAC: A growing market with high demand from emerging economies like China and India.
Regional Analysis Customized Report Request
Merges and Acquisition Polycom's update to the VVX Series Business IP Phones. Avaya's acquisition of software solutions to integrate with IP phones. Mitel'sstrategic acquisition to expand product offerings. Buy This Report
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