Global Voice Communication Equipment Industry

Global Voice Communication Equipment Industry

  • April 2021 •
  • 530 pages •
  • Report ID: 5817862 •
  • Format: PDF
Abstract:
- Global Voice Communication Equipment Market to Reach $6.5 Trillion by 2027
- Amid the COVID-19 crisis, the global market for Voice Communication Equipment estimated at US$2.2 Trillion in the year 2020, is projected to reach a revised size of US$6.5 Trillion by 2027, growing at a CAGR of 16.4% over the period 2020-2027.
- The U.S. Market is Estimated at $603.6 Billion, While China is Forecast to Grow at 21.2% CAGR
- The Voice Communication Equipment market in the U.S. is estimated at US$603.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Trillion by the year 2027 trailing a CAGR of 21.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.

- Select Competitors (Total 434 Featured) -
  • ADTRAN, Inc.
  • Apple, Inc.
  • IBM Corporation
  • MDS Gateways
  • Microsoft Corporation
  • PanTerra Networks
  • Roctel International
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Speedflow Communications Ltd.
  • Wistron NeWeb Corp (WNC)