According to QYR study, the global revenue of Desktop IP Phone was valued at 2.27 Billion USD in 2017, and the global revenue of Desktop IP Phone is forecast to reach 2.24 Billion USD by the end of 2025, growing at a CAGR of -0.19% between 2017 and 2025.
Cisco dominated the market, with accounted for 15.872% of the Desktop IP Phone sales market share in 2017. Avaya, Mitel and Polycom are the key players and accounted for 12.58%, 12.47% and 13.19% respectively of the overall Desktop IP Phone market share in 2017. Currently, Global demand market is mainly in North America, Europe and Asia-Pacific region.
IP Phone market is still growing, despite predictions of doom. According to this research, much of the activity and growth will come from the replacement and from growth in developing regions. Additionally, IP Phones are growing as hosted and cloud communications continue to gain traction.
Desktop IP Phone are mainly used in office of Enterprise customers. Report data showed that 7.91 % of the Desktop IP Phone market demand was Video Desktop IP Phone, and the remained 92.09% was for the other type in 2017.
The main raw materials are SoC (ARM+DSP), LCD Display, Shell, Power supply, PCB, Electronics Components, Plastics (PVC, PS, PP, PE resins) etc. With the continuous development of electronic technology, part of the price of electronic components showed a slow decline trend. Affected by the macroeconomic, in recent years, the prices of plastic materials have some fluctuations, but the industry has certain control capabilities to unaffected of the plastic raw material price fluctuations. Generally, the price fluctuations of plastics and other raw materials will not have a significant impact on the industry.
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