The Latin America, Middle East and Africa Enterprise Voice Communication Equipment Market should witness market growth of 10.1% CAGR during the forecast period (2023-2030).
A growing need for workplace voice communication technology that supports mobility and remote connectivity is also being driven by the growth of remote work and the mobile workforce. The requirements of distributed teams & remote workers can be met by devices that provide seamless communication across many locations, integrate with mobile devices, or provide softphone apps. To meet their changing needs, businesses frequently need scalable and adaptable communication solutions. These important elements are anticipated to provide market participants with growth prospects during the anticipated period.
During the projected period, it is anticipated that rapid technological advancement and strict government rules and regulations will propel the expansion of the market. Equipment for enterprise voice communications is dependable, economical, and adaptable. The market is expected to increase due to the capabilities of enterprise voice communication equipment in terms of role management. Additionally, these equipment have a high degree of accuracy, is simple to use, and has higher speech quality, all of which are anticipated to fuel the market's expansion during the projection period.
Based on the Federal Competitiveness & Statistics Authority's data, the total number of workforces in the UAE increased from 7.4 million in 2018 to 7.6 million in 2019, a growth rate of 2.7%, as stated in the government of the UAE's The Annual Economic Report 2020. The number of employees also increased, rising 2.8% from 7.2 million in 2018 to 7.4 million in 2019. The requirement for voice communication equipment in regional enterprises would increase due to the expanding working population. The market's growth is expected to be supported by the growing popularity of remote working.
The Brazil market dominated the LAMEA Enterprise Voice Communication Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $253.6 million by 2030. The Argentina market is showcasing a CAGR of 10.7% during (2023-2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023-2030).
Based on Component, the market is segmented into Solution and Services. Based on Type, the market is segmented into IP Phones, Soft Phones, Smartphones, Tablets, and Others. Based on Network Equipment, the market is segmented into Private Branch Exchange, Router, Switches and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into IT & Telecom, BFSI, Retail, Hospitality, Healthcare, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Apple, Inc., Samsung Electronics Co., Ltd. (Samsung Group), 8x8, Inc., ADTRAN, Inc., Speedflow Communications Ltd., MDS Gateways, PanTerra Networks, Siemens AG.
A growing need for workplace voice communication technology that supports mobility and remote connectivity is also being driven by the growth of remote work and the mobile workforce. The requirements of distributed teams & remote workers can be met by devices that provide seamless communication across many locations, integrate with mobile devices, or provide softphone apps. To meet their changing needs, businesses frequently need scalable and adaptable communication solutions. These important elements are anticipated to provide market participants with growth prospects during the anticipated period.
During the projected period, it is anticipated that rapid technological advancement and strict government rules and regulations will propel the expansion of the market. Equipment for enterprise voice communications is dependable, economical, and adaptable. The market is expected to increase due to the capabilities of enterprise voice communication equipment in terms of role management. Additionally, these equipment have a high degree of accuracy, is simple to use, and has higher speech quality, all of which are anticipated to fuel the market's expansion during the projection period.
Based on the Federal Competitiveness & Statistics Authority's data, the total number of workforces in the UAE increased from 7.4 million in 2018 to 7.6 million in 2019, a growth rate of 2.7%, as stated in the government of the UAE's The Annual Economic Report 2020. The number of employees also increased, rising 2.8% from 7.2 million in 2018 to 7.4 million in 2019. The requirement for voice communication equipment in regional enterprises would increase due to the expanding working population. The market's growth is expected to be supported by the growing popularity of remote working.
The Brazil market dominated the LAMEA Enterprise Voice Communication Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $253.6 million by 2030. The Argentina market is showcasing a CAGR of 10.7% during (2023-2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023-2030).
Based on Component, the market is segmented into Solution and Services. Based on Type, the market is segmented into IP Phones, Soft Phones, Smartphones, Tablets, and Others. Based on Network Equipment, the market is segmented into Private Branch Exchange, Router, Switches and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into IT & Telecom, BFSI, Retail, Hospitality, Healthcare, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Apple, Inc., Samsung Electronics Co., Ltd. (Samsung Group), 8x8, Inc., ADTRAN, Inc., Speedflow Communications Ltd., MDS Gateways, PanTerra Networks, Siemens AG.
Scope of the Study
By Component
- Solution
- Services
By Type
- IP Phones
- Soft Phones
- Smartphones
- Tablets
- Others
By Network Equipment
- Private Branch Exchange
- Router
- Switches
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Industry
- IT & Telecom
- BFSI
- Retail
- Hospitality
- Healthcare
- Transportation & Logistics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- 8x8, Inc
- ADTRAN, Inc.
- Speedflow Communications Ltd.
- MDS Gateways
- PanTerra Networks
- Siemens AG
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Enterprise Voice Communication Equipment Market by Component
Chapter 5. LAMEA Enterprise Voice Communication Equipment Market by Type
Chapter 6. LAMEA Enterprise Voice Communication Equipment Market by Network Equipment
Chapter 7. LAMEA Enterprise Voice Communication Equipment Market by Enterprise Size
Chapter 8. LAMEA Enterprise Voice Communication Equipment Market by Industry
Chapter 9. LAMEA Enterprise Voice Communication Equipment Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Microsoft Corporation
- IBM Corporation
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- 8x8, Inc
- ADTRAN, Inc.
- Speedflow Communications Ltd.
- MDS Gateways
- PanTerra Networks
- Siemens AG
Methodology
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