Market Research Report
Voice Communication Equipment
|Published by||Global Industry Analysts, Inc.||Product code||912632|
|Published||Content info||530 Pages
Delivery time: 1-2 business days
|Voice Communication Equipment|
|Published: July 1, 2020||Content info: 530 Pages||
Global Voice Communication Equipment Market to Reach $6.5 Trillion by 2027
Amid the COVID-19 crisis, the global market for Voice Communication Equipment estimated at US$2.2 Trillion in the year 2020, is projected to reach a revised size of US$6.5 Trillion by 2027, growing at a CAGR of 16.4% over the period 2020-2027.
The U.S. Market is Estimated at $603.6 Billion, While China is Forecast to Grow at 21.2% CAGR
The Voice Communication Equipment market in the U.S. is estimated at US$603.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Trillion by the year 2027 trailing a CAGR of 21.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.We bring years of research experience to this 18th edition of our report. The 530-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,