A business phone differs from an installation of several telephones with multiple central office (CO) lines in that the CO lines used are directly controllable in key telephone systems from multiple telephone stations, and that such a system often provides additional features related to call handling. Business telephone systems are often broadly classified into key telephone systems, and private branch exchanges, but many hybrid systems exist.
Due to the COVID-19 pandemic, the global Business Phones market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Business Phones market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Business Phones landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Corded Business Phones accounting for % of the Business Phones global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Home segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Business Phones include Panasonic, Gigaset, Philips, Vtech, Uniden, Motorola, AT&T, Vivo and Alcatel, etc. In terms of revenue, the global 3 largest players have a % market share of Business Phones in 2021.
This report focuses on Business Phones volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Business Phones market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Business Phones Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Corded Business Phones
Cordless Business Phones
Segment by Application
Home
Offices
Public Places
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Panasonic
Gigaset
Philips
Vtech
Uniden
Motorola
AT&T
Vivo
Alcatel
NEC
Clarity
TCL