Global POE IP Phone Market 2023-2030

Global POE IP Phone Market 2023-2030

Global 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.

Segmental Outlook 

The global POE IP phone market is segmented based on the type, application, and end-users. Based on the type, the market is segmented into 16 ports, 16-48 ports, 48 ports and others. Further, on the basis of application, the market is sub-segmented into enterprise, government, school and others. Based on the end-users the market is segmented into consumers, small and medium enterprise and others. Among the application segment, the enterprise sub-segment is expected to cater prominent market share over the forecast period owing to high demand for cost-effective communication solutions that support a large number of users and provide high-quality service (QoS).

The Enterprise Sub-Segment Is Anticipated to Hold Prominent Share in the Global POE IP phone Market

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.

Regional Outlooks

The global POE IP phone market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater prominent growth over the forecast period, however, the North American region is projected to experience considerable growth in the POE IP phones market.

The Asia-Pacific Region is Expected to Hold Prominent Share in the Global POE IP phones Market

Asia Pacific dominated the global market in terms of revenue share and is projected to continue its dominance over the forecast period. The growth can be attributed to the increasing adoption of IP phones at enterprises, government agencies, schools, and others. China held a significant share owing to the presence of numerous manufacturers such as Huawei Technologies Co., Ltd., ZTE Corporation, and BBK Electronics Corporation among others. These companies are actively engaged in the distribution and sales of PoE IP phones across the Asia Pacific region.

Market Players Outlook

The major companies serving the global POE IP phone market include Cisco, Avaya, HP, Dell, Brocade, Ethernet Alliance, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, The Ethernet Alliance announced the availability of Ethernet Alliance Power over Ethernet (PoE) Certification Gen 2 testing in Taipei, Taiwan, with UL Solutions. Ethernet Alliance PoE Certification offers manufacturers differentiating benefits, including reductions in installation time and overall evaluation and ongoing development costs. It also provides improved customer support at a lower cost and enhanced customer perception of PoE .

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.