What Is The Projected Market Size And Growth Rate Of The IP DECT Phones Market?

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The global IP DECT phones market was valued at US$ 4.5 Bn in 2019 and is projected to reach US$ 6.5 Bn by 2027, at a CAGR of ~5% during the forecast period from 2019 to 2027. The volume of the global IP DECT phones market stood at 54,228 Thousand Units in 2019 and is expected to reach 91,831 Thousand Units by 2027. The IP-DECT mobility solution is a combination of enterprise-grade Voice over IP (VoIP) and digitally enhanced cordless telephony standards that provide a fully integrated wireless communication platform.

Usage of IP DECT phones is accelerating across the world. IP DECT phones are slowly becoming an integral part of day-to-day operations in modern-day organizations, as it provides better mobility and connectivity, along with significant cost savings on phone calls. 

An IP DECT phone transmits data over the Internet and can help users to communicate from practically anywhere using Internet connectivity. Moreover, IP-DECT is a technology used for on-site wireless communications. It uses DECT as an air interface for reliable wireless voice and data communication between base stations and handsets. The VoIP technology is established for corded voice communication between server functions and base stations. Mobility solutions in communication systems are required by enterprises to provide a reliable communication medium to employees to enhance their productivity. IP phones are not restricted by physical phone connections and are increasingly being integrated in small, medium, as well as large enterprises.

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IP DECT Phones: Market Segmentation

Based on components, the IP DECT phones market is categorized into products (DECT phones) and services. The product (DECT phones) segment consists of the base stations, handsets, and accessories; services include installation, maintenance & support, and consultation.

In terms of installation type, the IP DECT phones market is segmented into a single cell and multi-cell. Multi-cell holds the largest market share in the IP DECT phones market and is expected to expand at a CAGR of 5% during the forecast period. Based on distribution channels, the IP DECT phones market is segmented into B2B and B2C and further segmented into online and offline. In terms of enterprise size, the IP DECT market is categorized into small enterprises (SOHO/Individuals), medium enterprises, and large enterprises. By industry segment, the market is divided into residential, BFSI, logistics & warehouse, transportation, media & entertainment, healthcare, retail, government & utilities, education, hospitality, oil & gas, energy & mining, construction, automotive, and others.

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IP DECT Phones Market: Regional Outlook

North America is expected to dominate the IP DECT phones market during the forecast period. The Asia Pacific and Europe are expected to see increasing growth in the IP DECT phones market. The IP DECT phones market in Middle East & Africa and South America is also expected to expand rapidly during the forecast period.

The report provides an in-depth segment analysis of the global IP DECT phones market, thereby providing valuable insights at the macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for a significant share has also been included as part of the geographic analysis of the IP DECT phones market.

North America and Europe are the major regions that drive the growth of the global IP DECT phones market. Key IP DECT phone vendors include ALE International SAS, Ascom Holding AG, Avaya Inc., Cisco Systems, Inc., Gigaset Communications, Grandstream Networks Inc., Mitel Networks Corporation, NEC Corporation, Panasonic Corporation, Polycom Inc., Samsung Electronics, VTech Communications, Inc., and Yealink Inc.

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