Press release
Global Voice Communication Control System Market to Reach $6.34 Billion by 2029, Growing at 7.8% CAGR
Voice Communication Control System Market
The rise in the quantity of air passengers is projected to spur the expansion of the voice communication control systems market in the future. Air travel involves commuting from one location to another using flying vehicles like airplanes, helicopters, hot air balloons, and other aircraft types. The escalating figure of air passengers is due to factors like enhanced global interconnectivity, economic growth, and affordable air travel costs. Voice communication control systems are designed to form a main network that links various communication systems in air traffic management. For example, a report from the Canada-based International Air Transport Association (IATA) in February 2024 indicated that worldwide air traffic saw a surge of 36.9% from 2022 to 2023. Hence, the rising figure of air passengers is accelerating the expansion of the voice communication control systems market.
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What Is the projected market size and growth rate for the voice communication control system market?
In recent times, the voice communication control system market has seen robust expansion. It is expected to rise from $4.34 billion in 2024 to $4.7 billion in 2025, marking a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this growth during the historic phase include the burgeoning aviation industry, stricter safety norms in aviation and other sectors, the need for instantaneous communication, military demand for secure and robust communication infrastructures, and the globalisation of various industries and markets.
The market for voice communication control systems is predicted to experience significant expansion in the forthcoming years, ballooning to a value of $6.34 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.8%. This projected growth during the forecast period can be traced back to factors such as an uptick in demand for air traffic management, intensified emphasis on public safety and crisis communication, the merger with emerging generation networks, improved cybersecurity safeguards, and the necessity for remote communication alternatives. The forecast period will also see mainstream trends such as the incorporation of artificial intelligence and machine learning, the shift towards cloud-based VCCS solutions, the establishment and acceptance of interoperability protocols for VCCS, growing inclination towards remote work and mobile communication, and the implementation of VoIP (Voice over Internet Protocol) and SIP (Session Initiation Protocol) technologies.
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What new trends are reshaping the voice communication control system market and its opportunities?
Prominent firms in the voice communication control system market are concentrating on the creation of cutting-edge solutions, such as the Programmable Voice Application Programming Interface (API), to secure a competitive advantage. This API represents a collection of tools and protocols aimed at assisting developers in incorporating voice calling and telephony elements into their applications and software. For example, Telnyx, a software company based in the US, launched an API named Call Control in September 2023. Call Control offers a platform for customers to establish and regulate global calls. It allows clients to embed highly adaptable calling experiences into their applications, bypassing the need for telecom expertise. Call Control's main features include call answering or transferring, playback of recorded messages, call recording, keypad or voice-based prompt responses, media streaming to multiple receivers, conference management, and more.
What major market segments define the scope and growth of the voice communication control system market?
The voice communication control system market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Platform: Air, Ground, Maritime
3) By Application: Air Traffic Control, Vessel Traffic Control, Disaster And Emergency Management, Other Applications
4) By End-Use: Commercial, Defense
Subsegments:
1) By Hardware: Communication Consoles, Audio Processing Units, Microphones And Headsets, Speakers And Amplifiers
2) By Software: Voice Communication Management Software, Voice Over IP (VoIP) Software, Call Routing And Switching Software, Voice Recording And Archiving Software
3) By Services: Installation Services, Maintenance And Support Services, Training And Consulting Services
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North America was the largest region in the voice communication control system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the voice communication control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the voice communication control system industry growth?
Major companies operating in the voice communication control system market are Northrop Grumman Corporation, Honeywell International Inc., Sinch AB, Thales Group, Leonardo S.p.A., Indra Sistemas S.A., Saab AB, Rohde & Schwarz GmbH & Co KG, Aselsan A.S., NATS Limited, L3Harris Technologies Inc., Ultra Electronics Holdings, Skyguide, Frequentis AG, Karel, Radiocom, Jotron AS, S.I.T.T.I. SpA, Morcom International Inc., Becker Avionics GmbH, Quadrant Group, SkySoft-ATM, Copperchase Ltd., CS Group
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What Is Covered In The Voice Communication Control System Global Market Report?
•Market Size Forecast: Examine the voice communication control system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the voice communication control system market for a structured understanding.
•Key Players Overview: Analyze major players in the voice communication control system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the voice communication control system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the voice communication control system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the voice communication control system market.
•Industry Challenges: Identify potential risks and obstacles affecting the voice communication control system market.
•Competitive Landscape: Review strategic developments in the voice communication control system market, including expansions, agreements, and new product launches.
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