The common desktop IP phone segment in the global desktop IP phone market is estimated to account for a majority revenue share of 72.9% in 2017. The first five-year cumulative revenue (2017–2021) of this segment is projected to be US$ 27,585.3 Mn, compared to a moderately higher cumulative revenue total of US$ 28,815.6 Mn for the latter five years of the forecast period (2022–2026)
An IP phone uses Internet protocol (IP) suite instead of public switched telephone network (PSTN) to convert voice into Internet data packets and vice versa. IP desktop phones are powered over an Ethernet cable, instead of a power supply. IP desktop phones are available in various designs and can be operated over various operating systems (OS) such as Linux, Windows, etc.
Desktop IP phone provides faster, secure, and efficient multichannel connectivity, owing to which these phones are being adopted in various sectors such as hospitality, offices, customer care centers, etc.
In addition, technological advancements in desktop IP phones such as WI-FI and Bluetooth connectivity and integration of USB ports are other factors expected to drive demand for these types of phones in the near future.
However, rising preference for IP softphones is expected to hamper growth of the global desktop IP phone market to a certain extent over the forecast period.
Companies profiled in the report are Cisco Corporation, Avaya Inc., Alcatel-Lucent SA, Yealink Inc., Grandstream Network, Inc., NEC Corporation, D-Link Corporation, Escene Communication Co, Ltd., Mitel Networks Corporation, Fanvil Technology Co, Ltd.