The global IP phones market size will grow at a healthy CAGR between the forecast period 2018- 2023, according to the new Market Research Future (MRFR) analysis. IP phone systems or internet protocol telephony helps enhanced connection and mobility to communicate on phones more economically. These telephone systems can help to transfer data over the network to enable consumers to contact each other from just anywhere through internet connectivity. The IP telephony uses internet protocol packet connectivity for transferring data, fax, & also enabling voice calling. DECT and Wi-Fi are its different types, while its different components include SIP, DHCP, DNS, TCP/IP, and others. Owing to its alluring features and benefits, IP phones have wide end users such as individual consumers and corporate consumers. 

On the contrary, low penetration or unavailability of the internet, lack of awareness about IP telephony, and the COVID-19 impact are factors that may limit the global IP phones market growth over the forecast period. 

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By region, the global IP phones market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will spearhead the market over the forecast period. The presence of well-established players that offer enhanced and innovative telecommunication services, evolving business models & technologies, extensive awareness about cloud communication advantages, technical brilliance, growing applications in e-learning, common dialling plans, and wireless mobility, increasing use in the education sector, rapid technological developments, supportive government policies, and various investments are adding to the global IP phones market growth in the region. Canada and the US have the utmost share in the market. 

Key contenders profiled in the global IP phones market report include Unify (U.S.), Alcatel-Lucent Enterprise (U.S.), Microsoft Corporation (U.S.), Dahua Technology Co. Ltd. (China), NEC (Japan), ShoreTel, Inc. (U.S.), Avaya (U.S.), Huawei Technologies Co. Ltd. (China), Mitel (Canada), and Cisco Systems, Inc. (U.S.). 

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