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IP Desk Phone Market Size to Surpass $ 2,411.65 Mn by 2030, exhibiting a CAGR of 6.2%

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New York, May 11, 2023 (GLOBE NEWSWIRE) — Global IP Desk Phone Market Size, Share & Trends Analysis, By Type (Video Desktop IP Phone and Common Desktop IP Phone), Connectivity (Wired, DECT, Wi-Fi, and Others), End-User (IT & Telecommunication, Healthcare, Government, Enterprise, and Others), and By Region, Forecast Period 2023 – 2030.

As per the research report “Global IP Desk Phone Market” published by Consegic Business Intelligence, the market was worth USD 1,524.73 Million in 2022 and is anticipated to reach over USD 2,411.65 Million by the year 2030, growing at a CAGR of 6.2%.

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IP desk phones are physical hardware devices similar to a landline telephone that possess additional hardware for VoIP-enabled features. IP phone deploy Ethernet (RJ45) cables to transmit voice signals in the form of digital packets through the internet. Thus, IP desk phones are deployed in large enterprises to offer HD voice quality in order to streamline the communication systems of an enterprise.

The increasing demand for efficient communication systems within the enterprise is driving the growth of IP desk phones market. IP desk phones enable video and audio calls within a local area network. The technology is widely adopted by companies due to its reliability, cost-effectiveness, ease of use, and call quality. For instance, in November 2022, Grandstream Networks, Inc. launched portable Wi-Fi IP desk phones that are integrated Zoom phone allowing businesses to pair zoom phones with IP Phone to create a flexible and mobile voice platform. Therefore, the increasing demand for high-quality communication systems in enterprises is accelerating the growth of the market.

The integration of advanced technologies such as Artificial Intelligence (AI) in IP desk phones is providing significant growth opportunities for IP desk phone market during the forecast period. Artificial intelligence has the potential to reduce the need for a human with chatbots to conduct complex tasks such as booking appointments, inviting attendees, or setting up meetings and more. Thus, the utilization of Artificial Intelligence (AI) in automating basic enterprise operations is growth opportunities for IP desk phone market. However, the security concerns associated with IP desk phones are hindering the growth of the market.

Report Attributes Report Details
Market Size By 2030  USD 2,411.65 Million
Forecast Period 2023-2030
CAGR (2023-2030) 6.2%
Base Year 2022
Study Timeline 2017-2030
Key Players ALE International, ALE USA Inc., Avaya LLC, Cisco Systems, Inc., D-Link, Escene, Grandstream Networks, Inc., Mitel Networks Corp., NEC Corporation, Plantronics, Inc., Yealink Inc.
By Type
  • Video Desktop IP Phone
  • Common Desktop IP Phone
By Connectivity
  • Wired
  •  DECT
  •  Wi-Fi
  •  Others
By End-User
  • IT & Telecommunication
  •  Healthcare
  •  Government
  •  Enterprise
  •  Others
Report Coverage Company Ranking and Market Share, Growth Factors, Total Revenue Forecast, Regional Competitive Landscape, Business Strategies, and more
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa


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Key Market Highlights

  • The Global IP Desk Phone Market size is estimated to reach USD 2,411.65 Million by 2030 and grow at a CAGR of 6.2% during the forecast period (2023-2030).
  • Globally, IP desk phone are divided based on the Type into Video Desktop IP Phone and Common Desktop IP Phone.
  • In the context of Connectivity, the market is separated into Wired, DECT, Wi-Fi, and Others.
  • Based on the End-User, the market is segregated into IT & Telecommunication, Healthcare, Government, Enterprise, and Others.
  • The market is geographically divided into five regions: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
  • Asia Pacific and North America are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on technological advancements in IP desk phone market.

IP Desk Phone Market Growth Drivers:

  • The increasing demand for high-quality communication systems in enterprises is driving the growth of the market.
  • The technological advancements in wireless communication systems such as Wi-Fi and Bluetooth connectivity is accelerating the growth of the market.
  • The emergence of Wi-Fi 6/6E communication technology is propelling the growth of the market.

Restraints

  • The increased dependence of IP desk phones on internet is hindering the growth of the market.
  • The limited mobility of IP desk phones is restraining the growth of IP desk phones market.

Opportunities

  • The incorporation of advanced technologies such as artificial intelligence (AI) in IP desk phones is presenting significant growth opportunities for the IP desk phone market.

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Global IP Desk Phone Market Segmentation Details:

Based on Type, the common desktop IP phone contributed the largest shares to the market growth in 2022. Common desktop IP phones are deployed in home offices and small businesses with access to broadband internet service. Common Desktop IP Phones eliminate the standard telephone lines as they use Ethernet cables for connectivity and offer advanced features in comparison to the traditional telephone systems.

Based on Connectivity, wired segment offered substantial shares to the global IP desk phone market in the year 2022. Wired IP desk phones provide high security features in comparison to the wireless IP desk phones as it is connected through copper wires or Ethernet cables. Wired IP phones are highly secure and reliable communication systems that are used to place calls, send e-mails, and text messages effectively. Consequently, the ability of wired IP desk phones to ensure the privacy and security of communication systems is accelerating the growth of the market.

Based on End-User, the enterprise segment accounted for the maximum revenue share in the year 2022. The growing adoption of IP desk phones by large organizations and SMEs for efficient communication between the employees is propelling the growth of the market. Businesses are increasingly adopting VoIP infrastructure to provide efficient communication systems in order to support hybrid work culture in the organizations. Thus, IP desk phones provide convenience to the employees to work and connect with people according to their requirements and needs.

Based on region, The North American region has been a major contributor to the growth of the IP desk phone market. The growing number of commercial spaces such as corporate offices, education centers, and shopping malls is driving the growth of the market. Moreover, technological advancements in the region such as the development of IP phones with fifth-generation (5G) technology is accelerating the growth of the regional market.

Recent Developments

  • In January 2023, Yealink Inc. collaborated with Kramer to enhance the audio-visual experience in hybrid meeting spaces.
  • In November 2022, Grandstream Networks, Inc. introduced a new 12-line GRP2636 model that integrates with the Professional Carrier-Grade IP phones designed with zero-touch provisioning to provide an easy communication system.

List of Major Global IP Desk Phone Market Players

The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through the implementation of technology, product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment —

  • ALE International, ALE USA Inc.
  • Avaya LLC
  • Cisco Systems, Inc.
  • D-Link
  • Escene
  • Grandstream Networks, Inc.
  • Mitel Networks Corp.
  • NEC Corporation
  • Plantronics, Inc.
  • Yealink Inc.

Browse Full Market Overviews & TOC @ https://www.consegicbusinessintelligence.com/ip-desk-phone-market 

Global IP Desk Phone Market Segmentation: 

  • By Type
    • Video Desktop IP Phone
    • Common Desktop IP Phone
  • By Connectivity
    • Wired
    • DECT
    • Wi-Fi
    • Others
  • By End-User
    • IT & Telecommunication
    • Healthcare
    • Government
    • Enterprise
    • Others

Our Press Releases:-

Aerospace Floor Panels Market is projected to register a CAGR of 5.6% during 2023-2030

Marine Propulsion Engine Market growing at a CAGR of 5.1% from 2023 to 2030

Automotive Transmission Market growing at a CAGR of 6.2% from 2023 to 2030

Autoclaved Aerated Concrete (AAC) Market growing at a CAGR of 6.2% from 2023 to 2030

Robotic Process Automation (RPA) Market growing at a CAGR of 30.4% from 2023 to 2030

Synthetic Aperture Radar (SAR) Market growing at a CAGR of 11.8% from 2023 to 2030

Key Questions Covered in the IP Desk Phone Market Report

  • What is IP desk phone?

– IP Desk Phone is a communication device that facilitates two-way communication between sender and a receiver.  IP desk phones uses internet instead of wired cables to place calls, send e-mails and text messages. IP desk phones are deployed in shared workspaces, common areas, and open office designs to connect all the employees together with a single communication system.

  • What will be the potential market valuation for the IP desk phone market industry by 2030?

– The market for global IP desk phones is expected to reach USD 2,411.65 Million in 2030 growing at a CAGR of 6.2% due to the growing advancements in technology along with the increasing adoption of IP desk phones with advanced features.

  • What specific segmentation details are covered in the IP Desk Phone market report, and how is the fastest segment anticipated to impact the market growth?

– The report consists of segments including Type, Connectivity, and End-User. Each segment is projected to have the fastest growing sub-segment being fueled by industry trends and drivers. For instance, the Connectivity segment witnessed Wi-Fi as the fastest-growing segment during the forecast period. The increasing demand for advanced communication technologies such as Wi-Fi to support hybrid and remote working environments is accelerating the growth of IP desk phones market.

  • Which region is anticipated to witness the highest CAGR during the forecast period, 2023-2030?

– The Asia-Pacific region is expected to witness fastest-CAGR growth during the forecast period due to the growing culture of hybrid work environments in Asia-Pacific region as a result of COVID-19 pandemic. Moreover, the vast IT infrastructure in the region is contributing to the growth of the regional market.

About Consegic Business Intelligence Pvt Ltd

Consegic Business Intelligence Pvt Ltd. is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domains. The industry provides consulting services, syndicated research reports, and customized research reports.

Topnotch research organizations and institutions to comprehend the regional and global commercial status use the data produced by Consegic Business Intelligence Pvt Ltd. Our reports comprise in-depth analytical and statistical analysis on various industries in foremost countries around the globe.

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Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI

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Both companies will help enterprises take an AI-first approach to scale next-generation AI solutions to improve operational efficiencies, drive revenue growth, and enable business transformation
BENGALURU, India, Sept. 26, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with Microsoft to jointly develop industry leading solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organizations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions will accelerate rapid democratization of data and intelligence that will help businesses increase productivity and drive new revenue growth.

Generative AI has opened new avenues of AI applications and key enterprise functions across industries, and Infosys is providing services, frameworks, solutions, and platforms in multiple application areas, such as semantic search, document summarization, contact center transformation, AI-augmented software development lifecycle (SDLC) and marketing content creation. For example, Infosys helped a leading financial services company implement an AI-based solution to generate document summaries and provide a semantic search capability using generative AI. This resulted in automated organization of documents, which significantly reduced efforts and improved productivity of their financial advisors.
Through the collaboration with Microsoft, Infosys Topaz is using Azure OpenAI Service and Azure Cognitive Services to augment its capabilities, in order to help enterprise customers transition from digital to AI solutions. The integrated solutions will boost customers’ operational efficiency, decrease turn-around-time, future-proof investments, and open new business models.
Balakrishna D. R. (Bali), Executive Vice President and Global Head – AI and Automation, Application Development & Maintenance, Infosys, said, “Infosys Topaz is empowering businesses with improved operational efficiencies and reduced time-to-market for launching new products and services. It converges the power of Infosys Cobalt and data analytics to AI-power business and deliver cognitive solutions and intuitive experiences that revitalize growth. Through our strategic collaboration with Microsoft, we will continue to lead the generative AI revolution, helping businesses amplify human potential and navigate their next towards becoming AI-first enterprises.”
Nicole Dezen, Chief Partner Officer, Microsoft Corp, said, “We’re pleased to expand our collaboration with Infosys to deliver innovative solutions, utilizing Azure OpenAI Service and Azure Cognitive Services, that will help customers develop new business models, and realize new revenue streams. By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation.”
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
 
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Vena Closes First Half of 2023 With Record Revenue, Customer Base and Partnerships

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CPM leader notches impressive year-over-year revenue growth alongside continued recognition of platform capabilities  
TORONTO, Sept. 26, 2023 /PRNewswire/ — Vena, the Intelligent Complete Planning platform loved by finance and trusted by business, entered the second half of 2023  with considerable customer momentum and revenue growth following fiscal H1. The company welcomed more than 200 new customer wins and saw continued success across Vena’s Services and Solutions Partner Ecosystem.  

Vena’s award-winning cloud corporate performance management (CPM) software empowers leading companies and organizations worldwide, such as Nike, Kansas City Chiefs, Coca-Cola Consolidated, WWF-Canada and over 1,600 more, to plan for anything and succeed through today’s uncertainty. For Metro Supply Chain Group, Vena has helped them run multliple scenarios and use multiple forecasts to aid decision making. “Operational metrics are important, but the story is not complete until you can see how they impact your costs, revenue and EBITDA margins. Vena is our way of bringing that all together and measuring the health of our business,” explains Paolo Mari, VP of Business Analytics and Commercial Management at Metro Supply Chain Group. 
According to Vena CEO Hunter Madeley, Vena’s growth has been fueled by the ever-increasing need for customers to derive insights from internal and external data and take purposeful action.  
“Our customers are leveraging Vena to navigate their best path through what continues to be highly variable market conditions for most organizations. The Vena Insights product, which puts the power of AI in the hands of our customers, has seen tremendous uptake this year as finance and operations teams become stronger strategic partners for their organizations. Whether leaning on the experience and knowledge of our service and support teams, or the strength of our expansive Partner ecosystem, our customers are taking full advantage of the investments we continue to make in our platform. We remain grateful to the entire Vena community for their continued support, and we look forward to serving record numbers of customers and partners in 2023,” says Madeley. 
The company, which offers an industry-leading corporate performance management platform that helps organizations plan for anything, also hosted another successful Excelerate Summit in May. The yearly global virtual summit and new this year, a local in-person event in the UK, featured 40+ speakers and drew more than 3,000 finance and business leaders from around the world. Vena previewed expanded solution offerings, including new Partner-built preconfigured solutions (PCS), at Excelerate Summit 2023. The annual conference saw record Partner participation rates with an increase of 80% over 2022 across Partner speakers, attendees and exhibitors. 
Growth in Vena’s revenue and customer base has been accompanied by numerous industry accolades, including:  
Recognized for the fourth consecutive year with a TrustRadius Tech Cares award for going above and beyond to support employees and communities across five areas of focus ( Volunteerism; Robust diversity, equity and inclusion programs; Charitable donations and fundraising; Workplace culture, including support for remote and in-office employees;  Demonstrable support for environmental sustainability). Earning multiple 2023 TrustRadius Top Rated Awards in four categories: Corporate Performance Management (CPM); Budgeting and Forecasting; Financial Close;  Cash Flow Management. Recognition as a Leader in the 2023 Nucleus Research CPM Technology Value Matrix, which acknowledged Vena’s enablement of  “customers to make data-driven decisions, uncover actionable insights and drive growth across their business.” About Vena Vena is the only Intelligent Platform for Complete Planning that’s natively integrated with Microsoft 365, empowering teams to plan the way they think. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and flexible modeling capabilities to help business, finance and operations leaders make informed business decisions. With Vena, you can leverage the power of Microsoft Excel and AI-powered insights in a unified, cloud-based platform that enhances collaboration, scalability and security. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.  
MEDIA CONTACT Jonathan Paul Senior Director, Content & Communications, Vena [email protected] 
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EdrawMind V10.9.0 ‘s New Features Revolutionizing the Way Users Visualize Ideas

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VANCOUVER, BC, Sept. 26, 2023 /PRNewswire/ — Wondershare Technology, a globally recognized software company, is excited to announce the release of EdrawMind V10.9.0, the latest version of their leading mind mapping and brainstorming tool. This update introduces a range of features aimed at revolutionizing the way users visualize ideas, enhancing efficiency, and fostering creativity. By harnessing cutting-edge technology, this new version seeks to cater to the diverse needs of professionals, students, and anyone looking to transform their thoughts into organized, dynamic, and visually appealing diagrams.

Integration with OpenAI: This feature enables seamless interaction with ChatGPT, integrating powerful AI capabilities into EdrawMind, thereby improving user experience through intelligent suggestions and assistance.Intelligent Document Parsing: EdrawMind can now intelligently analyze and process documents, extracting key information and assisting users in creating mind maps based on existing documents.PPT Generation: A valuable addition for users seeking to convert their mind maps into presentation slides efficiently.Inspiration Space: This dedicated space within the software encourages brainstorming and idea collation, thus streamlining the creative process.Exploration of Audio and Video: EdrawMind V 10.9.0’s new capability to handle audio and video content allows users to enrich their mind maps with multimedia elements.Versatile and Vertical Mind Map Posters: This feature provides users with myriad options for creating and customizing mind map posters, both in terms of layout and design.”In our relentless pursuit of enhancing user experiences, we are thrilled to introduce the integration of OpenAI into EdrawMind. This transformative update brings AI-driven features like intelligent file parsing and effortless PPT generation directly to our users, empowering them to achieve new levels of productivity and creativity. But our commitment doesn’t end here. We envision a future where our AI continually evolves, learns, and adapts to better serve and inspire our users on their creative journeys.” – Iris Liu, Head of Wondershare BrandingWondershare
Compatibility and Price 
Wondershare EdrawMind is compatible with Windows, Mac, Android and iOS and pricing starts at $39 for a six-month subscription. For free trials and downloads, please visit our official website or follow us on YouTube, Facebook, Twitter, and Instagram to learn more about EdrawMind.  Additionally, with an EdrawMind membership, you can enjoy cross-platform benefits across all EdrawMind platforms.
About Wondershare
Wondershare is globally recognized as a software company that is committed to delivering innovative solutions for personal and professional use. As a leader in creativity and productivity products, Wondershare has received prestigious awards from organizations such as The Shorty Awards, G2, and GetApp. At Wondershare, the mission is to empower individuals to pursue their passions and build a more creative world. With over 100 million users across 150 countries, users can access a wide range of software solutions for video editing, PDF editing, data recovery, diagram and graphics, and more. Together, Wondershare strives to provide high-quality, user-friendly software that enables individuals and businesses to bring their creative ideas to life. 
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