Enterprise Voice Communication Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Enterprise Voice Communication Equipment Trends and Forecast

The future of the global enterprise voice communication equipment market looks promising with opportunities in the BFSI, healthcare, hospitality, retail, transportation & logistics, IT & telecom markets. The global enterprise voice communication equipment market is expected to reach an estimated $11.7 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing need for headsets to facilitate seamless communication. and increasing demand for tools that enable remote and real-time collaboration.

A more than 150-page report is developed to help in your business decisions.

Enterprise Voice Communication Equipment by Segment

The study includes a forecast for the global enterprise voice communication equipment by component, network equipment, enterprise size, end use industry, and region.

Enterprise Voice Communication Equipment Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Services

Enterprise Voice Communication Equipment Market by Network Equipment [Shipment Analysis by Value from 2018 to 2030]:

• Private Branch Exchange
• Router
• Switches
• Others

Enterprise Voice Communication Equipment Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:

• Large Enterprises
• Small & Medium Enterprises

Enterprise Voice Communication Equipment Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• IT & Telecom
• BFSI
• Retail
• Hospitality
• Healthcare
• Transportation & Logistics
• Others

Enterprise Voice Communication Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Enterprise Voice Communication Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies enterprise voice communication equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the enterprise voice communication equipment companies profiled in this report include-

• Microsoft
• IBM
• Apple
• Samsung Electronics
• 8X8
• Adtran
• Speedflow Communications
• MDS Gateways
• Panterra Networks
• Siemens

Enterprise Voice Communication Equipment Market Insights

Lucintel forecasts that solution is expected to witness largest growth over the forecast period due to the increasing preference for comprehensive communication solutions, including technologies, programs, and services, fostering demand for cloud-based systems.

Within this market, IT & telecom will remain the highest segment due to its heavy reliance on communication technology, driving demand for versatile and cost-effective voice communication devices.

APAC is expected to witness highest growth over the forecast period due to increased uptake of remote work models across nations in the region.

Features of the Global Enterprise Voice Communication Equipment Market

Market Size Estimates: Enterprise voice communication equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Enterprise voice communication equipment market size by various segments, such as by component, network equipment, enterprise size, end use industry, and region in terms of value ($B).

Regional Analysis: Enterprise voice communication equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, network equipment, enterprise size, end use industry, and regions for the enterprise voice communication equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the enterprise voice communication equipment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for enterprise voice communication equipment market?

Answer: The global enterprise voice communication equipment market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the enterprise voice communication equipment market?

Answer: The major drivers for this market are increasing need for headsets to facilitate seamless communication. and increasing demand for tools that enable remote and real-time collaboration.

Q3. What are the major segments for enterprise voice communication equipment market?

Answer: The future of the enterprise voice communication equipment market looks promising with opportunities in the BFSI, healthcare, hospitality, retail, transportation & logistics, IT & telecom markets.

Q4. Who are the key enterprise voice communication equipment market companies?

Answer: Some of the key enterprise voice communication equipment companies are as follows.

• Microsoft
• IBM
• Apple
• Samsung Electronics
• 8X8
• Adtran
• Speedflow Communications
• MDS Gateways
• Panterra Networks
• Siemens

Q5. Which enterprise voice communication equipment market segment will be the largest in future?

Answer: Lucintel forecasts that solution is expected to witness largest growth over the forecast period due to the increasing preference for comprehensive communication solutions, including technologies, programs, and services, fostering demand for cloud-based systems.

Q6. In enterprise voice communication equipment market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increased uptake of remote work models across nations in the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the enterprise voice communication equipment market by component (solution and services), network equipment (private branch exchange, router, switches, and others), enterprise size (large enterprises and small & medium enterprises), end use industry (IT & telecom, BFSI, retail, hospitality, healthcare, transportation & logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?