GLOBAL CORDLESS TELEPHONE INDUSTRY RESEARCH REPORT
Market Overview
Due to the COVID-19 pandemic, the global Cordless Telephone market size was US$ 702.31 million in 2021 and is forecast to a readjusted size of US$ 159.91 million by 2028 with a CAGR of -18.98% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, DECT accounting for 77.32% of the Cordless Telephone global market in 2021, is projected to value US$ 133.23 million by 2028, growing at a revised -18.26% CAGR from 2022 to 2028. While Home segment is altered to an -19.19% CAGR throughout this forecast period.
The global key manufacturers of Cordless Telephone include Panasonic, Gigaset, Philips, Vtech, Uniden, Motorola, Vivo, Alcatel, and NEC, etc. In 2021, the global top five players hold a share approximately 87.80% in sales volume, and in term of revenue of Cordless Telephone, the top five companies hold a share nearly 90.46%.
The United States Cordless Telephone market size was US$ 213.77 million in 2021, while China size was US$ 8.76 million. The proportion of the United States was 30.44% in 2021, while China percentage was 1.25%, and it is predicted that China share will reach 0.45% in 2028, trailing a CAGR of -30.91% through the analysis period. As for the Europe Cordless Telephone landscape, Germany is projected to reach US$ 15.09 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is -23.67% and -24.39% respectively for the next 6-year period.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Cordless Telephone market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Cordless Telephone market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Cordless Telephone market. Readers of the report can become informed about current and future trends of the global Cordless Telephone market and how they will impact market growth during the forecast period.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook