POE IP Phone Market Industry Trends and Market Forecast: Opportunities for Growth by 2031

The global POE IP phone market is anticipated to grow at a considerable CAGR of 10.2% during the forecast period (2024-2031). Increased investment in cellular communication technologies such as 4G networks and 5G technologies by the government and private sector is driving market development. An IP phone, also known as a VoIP phone, is a phone that utilizes internet protocol rather than a circuit-switched public switched telephone network (PSTN). An IP phone can link to the internet via an ethernet connection rather than a phone jack, where it connects to the IP address of either the VoIP service or the hosted PBX provider. The IP phone transforms analog audio format into a digital format that can be shared over the internet and easily converts received digital phone signals from the internet to standard telephone audio.

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An IP phone consists of two components: hardware and software. The software requires various standard networking components such as a TCP/IP network stack, client implementation for DHCP, and the domain name system. And the hardware requires a display, ethernet, speaker/microphone, and keypad. The features of IP phone includes caller id display, call transfer and call hold, dialing using name/ID, locally stored and network-based directories, conference calling and multiparty calls, call park, and call blocking feature. Various broadband and home phone providers offer IP phones as part of their services, so they may do things a slight difference. The crucial advantage of using an IP phone service is very cheaper than regular landlines, more specifically for calling overseas. It can also give a very clear sound, specifically on a high-speed fiber-optic line. And, if a maximum of people in a household or office needs to make calls at the same time, it's the best option than spattering out on installing multiple phone lines.

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Market Coverage

• Segment Covered-

o By Type

o By Application

o By End Users

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Cisco, Avaya, HP, Dell, Brocade, and others.

Key questions addressed by the report

• What is the market growth rate?

• Which segment and region dominate the market in the base year?

• Which segment and region will project the fastest growth in the market?

• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?

• How are players addressing challenges to sustain growth?

• Where is the investment opportunity?

Global POE IP Phone Market Report Segment

By Type

16 Ports
16-48 Ports
48 Ports
Others

By Application

Enterprise
Government
School
Others

By End-Users

Consumers
Small and Medium Enterprise
Large Enterprise
Others

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Company Name: Orion Market Research

About Orion Market Research

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