POE IP phone market is anticipated to grow at a considerable CAGR of 10.2% during the forecast period. Increasing demand for IP phones from small and medium businesses (SMBs) due to the growing trend of bring your own device (BYOD) and telecommuting. The number of VoIP users is rapidly increasing as companies move away from traditional phone networks to save money. The proliferation of 4G/LTE networks, which enable high-quality audio and video conversations on mobile devices, is pushing demand for IP phones with these capabilities. POE IP Phone is a type of phone that receives power through an Ethernet cable instead of from a traditional power outlet. This allows for the phone to be placed anywhere there is an Ethernet port without the need for an additional power cord. POE IP Phones are often used in businesses where space is limited or where it may be inconvenient to run traditional telephone cables.
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The enterprise application segment dominated the POE IP phone market accounting for over 60.7% share of the total revenue. The growth can be attributed to increasing demand from enterprises for cost-effective communication solutions that support a large number of users and provide high-quality service (QoS). As a result, many vendors are focusing on providing enterprise-grade products with enhanced features at more affordable prices. POE IP phones play an important role in school applications as these devices eliminate the need for purchasing expensive wired or wireless networked computers and tablets along with projectors every classroom needs to have effective learning outcomes achieved by students across classrooms and schools globally. The school application segment is anticipated to lead the market owing to the high demand for projectors in every classroom.
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- Market Coverage
- Market number available for – 2023-2031
- Base year- 2024
- Forecast period- 2023-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global POE IP Phone Market by Type
- 16 Ports
- 16-48 Ports
- 48 Ports
- Others
Global POE IP Phone Market by Application
- Enterprise
- Government
- School
- Others
Global POE IP Phone Market by End Users
- Consumers
- Small and Medium Enterprise
- Large Enterprise
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Adtran
- Alaxala
- Alcatel-Lucent
- Avaya
- Brocade
- Cisco
- Dell
- D-Link
- Extreme
- HP
- Huawei
- Juniper
- Netgear
- ZTE
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global POE IP phone market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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