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The global DECT Handsets Market size was USD 3.45 Billion in 2022 and is expected to reach USD 14.07 Billion in 2032, and register a rapid revenue CAGR of 15% during the forecast period. Rising Voice over Internet Protocol (VoIP) adoption rates and demand for mobile and communication devices and requirement for wireless connectivity in business communications systems are major factors driving market revenue growth.
Increasing acceptance of mobility and communication devices in the contemporary workplace is rising use of IP DECT phones. Employees need gadgets that let them interact and collaborate easily from anywhere at any time in today's fast-paced work climate. IP DECT phones are a great option for businesses trying to improve worker’s productivity and simplify communication because of their portability and convenience.
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In addition, increasing use of VoIP technology is another factor driving revenue growth of the market. VoIP makes it possible to communicate verbally via Internet, giving companies access to flexible and affordable communication options. These are a popular option for companies focusing to switch from conventional phone systems to VoIP because IP DECT phones are made expressly for use with VoIP systems.
Demand for IP DECT phones is rising by requirement for wireless connectivity in enterprise communication systems. Unlike conventional wired phones, IP DECT phones connect to the workplace network using wireless connectivity, enabling employees to collaborate and communicate from anywhere within the company. Thus, these are a perfect option for companies with dispersed workforces or those with mobile workforces.
Furthermore, rising demand for advanced communication services, such as video conferencing and instant messaging, is also expected to drive market revenue growth during the forecast period. Manufacturers are constantly creating IP DECT phones that offer various features and functionality for fulfilling needs of contemporary organizations.
Competitive Landscape:
Spectralink Corporation
Mitel Networks Corporation
Panasonic Corporation
Gigaset Communications GmbH
Koninklijke Philips N.V.
Alcatel-Lucent Enterprise
Cisco Systems, Inc.
Ascom Holding AG
Yealink Inc.
Snom Technology AG
The global market is further segmented into type and application:
By Type Outlook
Single-cell
Multi-cell
By End-Use Outlook
Residential
Commercial
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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