The North America Enterprise Voice Communication Equipment Market should witness market growth of 4.8% CAGR during the forecast period (2023-2030).
Devices or systems used to send and receive audio signals with the objective of human interaction are referred to as enterprise voice communication equipment. It includes a broad range of tools and technologies that allow individuals to have spoken conversations over short or large distances. Using this technology, people can communicate and share information in real-time by capturing, processing, transmitting, and reproducing voice signals.
Market growth is anticipated to be fuelled by the rising demand for Unified Communication and Collaboration (UC&C) solutions. Organizations are becoming more aware of how crucial excellent communication and collaboration are to streamline processes and boost productivity. The integrated platforms offered by UC&C solutions combine different communication channels like voice, messaging, video, and file sharing. No matter where they are physically located, partners, employees, and customers may communicate and collaborate in real-time because of enterprise voice communication tools like IP phones and conference systems.
According to updated American Community Survey (ACS) 1-year projections for 2021 released by the U.S. Census Bureau, the proportion of persons who spend most of their working hours at home tripled between 2019 and 2021, rising from 5.7% (approximately 9 million people) to 17.9% (27.6 million people). The biggest proportion of home-based workers amongst states or state equivalents in 2021 was found in the District of Columbia, where over half (48.3%) of workers were employed. The demand for user-friendly and affordable browser-based communication solutions is also expanding, so top market players are attempting to penetrate this region with unified along with integrated communication solutions.
The North America market dominated the Global Enterprise Voice Communication Equipment Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,789.6 million by 2030. The Europe market is experiencing a CAGR of 5.9% during (2023-2030). Additionally, The Asia Pacific market would exhibit a CAGR of 7% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Devices or systems used to send and receive audio signals with the objective of human interaction are referred to as enterprise voice communication equipment. It includes a broad range of tools and technologies that allow individuals to have spoken conversations over short or large distances. Using this technology, people can communicate and share information in real-time by capturing, processing, transmitting, and reproducing voice signals.
Market growth is anticipated to be fuelled by the rising demand for Unified Communication and Collaboration (UC&C) solutions. Organizations are becoming more aware of how crucial excellent communication and collaboration are to streamline processes and boost productivity. The integrated platforms offered by UC&C solutions combine different communication channels like voice, messaging, video, and file sharing. No matter where they are physically located, partners, employees, and customers may communicate and collaborate in real-time because of enterprise voice communication tools like IP phones and conference systems.
According to updated American Community Survey (ACS) 1-year projections for 2021 released by the U.S. Census Bureau, the proportion of persons who spend most of their working hours at home tripled between 2019 and 2021, rising from 5.7% (approximately 9 million people) to 17.9% (27.6 million people). The biggest proportion of home-based workers amongst states or state equivalents in 2021 was found in the District of Columbia, where over half (48.3%) of workers were employed. The demand for user-friendly and affordable browser-based communication solutions is also expanding, so top market players are attempting to penetrate this region with unified along with integrated communication solutions.
The North America market dominated the Global Enterprise Voice Communication Equipment Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,789.6 million by 2030. The Europe market is experiencing a CAGR of 5.9% during (2023-2030). Additionally, The Asia Pacific market would exhibit a CAGR of 7% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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. North America Enterprise Voice Communication Equipment Market by Component
Chapter 5. North America Enterprise Voice Communication Equipment Market by Type
Chapter 6. North America Enterprise Voice Communication Equipment Market by Network Equipment
Chapter 7. North America Enterprise Voice Communication Equipment Market by Enterprise Size
Chapter 8. North America Enterprise Voice Communication Equipment Market by Industry
Chapter 9. North America 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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