Global Landline Phones Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Landline Phones Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A landline phone (also known as land line, land-line, main line, home phone, landline, fixed-line, and wireline) refers to a telephone that is fixed in a certain position and does not move, which is different from mobile phones. Landline phone can be corded or cordless, which typically refers to the operation of devices in fixed locations such as homes or company. In landline phone market, in terms of type, it can be segmented into cordless landline phones and corded landline phones. In terms of application, the landline phone market can be segmented into household use and commercial use.

Market Overview:

The latest research study on the global Landline Phones market finds that the global Landline Phones market reached a value of USD 3376.55 million in 2022. It’s expected that the market will achieve USD 2878.76 million by 2028, exhibiting a CAGR of -2.62% during the forecast period.

Influence of COVID-19 Outbreak on Landline Phones Industry Development

In the specific environment based on the outbreak of COVID-19, the global economy has been significantly affected, resulting in challenges and opportunities for the development status of various industries. The report is based on the impact of COVID-19 and conducts research on the landline phones industry from different perspectives such as macroeconomics, industrial chains, and regions.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. During the epidemic, the resumption of work, operations, revenue targets, and industry development of the landline phones industry were all challenge.

The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the landline phones market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. The COVID-19 outbreak impact has been disastrous for the global landline phones market, which has subsequently witnessed mass disruption to its production lines and a stalling of related supply chains caused by labor shortages and inactive logistics.

First of all, marketing channel sales will be affected differently, the COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some landline phones enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

In addition, upstream and downstream interactions will lead to disruption of business. The epidemic will have a short-term impact on landline phones industry, but it is relatively limited. The transportation of raw materials and products is restricted, resulting in an increase in product inventory and a decrease in equipment operating rate. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in landline phones industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.

Moreover, the COVID-19 virus outbreak has affected the normal operation of the industry. The impact of COVID-19 on the landline phones industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises. Although various industries around the world are gradually resuming work, production and demand will not pick up rapidly and substantially, and will require a certain recovery period.

Weakness

While there are many pros to having a landline phone, there are also some cons. Side effects may drive consumers away from landline phones products
Immobility: The biggest disadvantage to landline phones is their immobility. While cell phones can be taken and used almost anywhere, landline phones can be used only in or near the home or office.
Cost: The overwhelming reason that people are dumping their landlines is cost, standard home service is a little bit expensive. As people pay higher and higher fees for cell service, maintaining a landline can be superfluous. Meanwhile, if people have a good cell signal in your house, the economics of having two phones often doesn't add up.
No extra features: Unlike cell phones, normal landlines don't have any fancy extra features. This can be a deterring factor for many when deciding to get a landline. While simplicity can be nice some people want more bang for their buck when it comes to phones and the features it provides.
The shortcomings of the landline phones itself dissuade some consumers and hinder the rise of consumption, which is not conducive to the development of the industry

Opportunities


Smart landline phones, which are no longer limited to making phone calls, combine them with modern technology and create new opportunities for the industry. Now that the antiquated landline is no longer held back by its cumbersome history of cords and wires, these new smart home phones are giving the technology a dramatic boost in modernity.
For instance, Panasonic revealed their new Android-powered home phone, imaginatively named the KX-PRX150. This phone has all of the features of a smart mobile phone (internet access, apps, etc.), but also gives the user the option of calling from either a mobile or landline platform. When the user is away from home, they can use the device as a mobile 3G/GSM system. When they return home, they have the option of using either the mobile or the landline system to place calls. This smart home phone also notifies the user of any calls or messages they might have missed on the landline while they were away.
Panasonic’s Android landline phone isn’t the first of its kind either. British Telco Company (BT) has a “Home SmartPhone S.” Otherwise known as the BT6500, this phone acts purely as a landline, but with Android featur

Region Overview:

Europe was the largest revenue market with a market share of 31.88% in 2016 and 32.73% in 2020, an increase of 0.85%. In 2020, the North America market share was 29.82%, ranking second.

Company Overview:

The top three companies are Cisco, Panasonic and Mitel with the revenue market share of 13.05%, 11.51% and 10.93% in 2020.

Cisco

Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products.

Panasonic

Panasonic Corporation[a], formerly known as the Matsushita Electric Industrial Co., Ltd., founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer, is a major Japanese multinational electronics company, headquartered in Kadoma, Osaka. In addition to consumer electronics of which it was the world's largest maker in the late 20th century, Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionic systems, as well as home renovation and construction

Segmentation Overview:

Among different product types, Corded Landline Phones segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Commercial Use segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Landline Phones market covered in Chapter 3:

Grandstream Networks
Alcatel-Lucent
AT&T
Gigaset
BT plc
Plantronics
VTech
Cisco
Mitel
Panasonic
Yealink
Motorola

In Chapter 4 and Chapter 14.2, on the basis of types, the Landline Phones market from 2018 to 2029 is primarily split into:

Cordless Landline Phones
Corded Landline Phones

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Landline Phones market from 2018 to 2029 covers:

Household Use
Commercial Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)