Global Call Control (PBX-IP PBX) Market Size By Product Type (IP Extensions, TDM Extensions), By Application (Commercial, Industrial), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Call Control (PBX-IP PBX) Market Size By Product Type (IP Extensions, TDM Extensions), By Application (Commercial, Industrial), By Geographic Scope And Forecast
Call Control (PBX-IP PBX) Market Size And Forecast
Call Control (PBX-IP PBX) Market size was valued at USD 28,233.21 Million in 2022 and is projected to reach USD 62,529.65 Million by 2030, growing at a CAGR of 8.89% from 2024 to 2030.
The growing number of organizations worldwide is the main reason for the rapid growth of the market and is one of the main drivers of the PBX-IP PBX market. In addition, the development of technology and the modernization of telecommunications and the needs of new businesses will create new opportunities for the management of the telephone calls (PBX-IP PBX) industry during the forecast period. However, the threat of new entrants, the threat of change, and the level of competition are important limits to market growth, and management (PBX-IP PBX) during the forecast period will further push market growth.
Global Call Control (PBX-IP PBX) Market Definition
IP-PBX is a telephone PBX that handles exchanges, calls and other messages over an IP (Internet Protocol) data network. IP-PBX technology includes advanced communications such as voice-to-email, but also has the ability to be flexible and connect to a traditional PSTN (Public Switched Telephone Service) line without changing carrier. An IP-PBX business phone system consists of one or more IP phones, an IP-PBX server, and an optional VoIP gateway to connect to existing PSTN lines. An IP-PBX server works the same as a VoIP host, but is usually onsite and connected to a SIP client, which can be a softphone or a hardware-based IP phone. The IP-PBX server creates a list of IP phones and their corresponding SIP addresses and connects LAN calls or outgoing calls to the VoIP gateway or VoIP provider.
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Global Call Control (PBX-IP PBX) Market Overview
G12 Communications, a national leader in developing cloud communications services, added Microsoft Connect to its Group IP PBX service in February 2021. Customers with existing phones can easily and inexpensively switch to Microsoft Teams and enable PSTN calling service with the new Connect to Teams. IPPBX. G12 offers solutions for all customers looking to migrate to Microsoft Teams, whether they want to join cloud PBX services, IP PBX systems, need direct messaging, or simply switch to Microsoft Teams. G12’s Connect to Teams portfolio G12 gives customers the flexibility they need to migrate to Microsoft Teams cloud services.
VitalPBX, an Asterisk-based enterprise telephony and communications provider, launched a unified communications platform for businesses in February 2021. VitalPBX VitXi provides a set of tools that enable businesses to communicate wherever they are. The solution allows businesses to use WebRTC-based softphones in their browsers with features such as chat, data sharing, and voice or video calling. The primary purpose of a PBX is to provide shared access to limited resources. Rather than having a separate phone line for each phone, a company can share a small portion of the line between different locations.
When a call comes in, the operator answers the phone and contacts the appropriate person or department. When insiders need to make a call, the operator connects them to an open line. These early systems are often called centrals. Today, a business phone system is more than a simple switchboard. Additional technologies such as attendants, voice messaging, call queue and multi-conferencing are becoming the norm. Basic analog and proprietary digital telephony are being replaced by standard IP phones. SIP trunking and other VoIP services can now be used to connect from outside the Internet.
Global Call Control (PBX-IP PBX) MarketSegmentation Analysis
The Global Call Control (PBX-IP PBX) Market is segmented on the basis of Product Type, Application, and Geography.
Call Control (PBX-IP PBX) Market, By Product Type
- IP Extensions
- TDM Extensions
Based on the Product Type, the Global Call Control (PBX-IP PBX) Market has been segmented into IP Extensions, and TDM Extensions. IP Extensions is expected to dominate the Call Control (PBX-IP PBX) market during the forecast period. IP Internal Call Control PBX An IP PBX is a PBX (Private Branch Exchange) that uses Internet Protocol (IP) for phone calls. It is very useful to manage many callers in one system. IP switchboard systems, VoIP, caller ID, call forwarding, auto attendant etc. The TDM (Time Division Multiplexing) extension is a call management PBX IP PBX that allows users to make calls over existing telephone lines. TDM Extensions use traditional telephony tools to provide call management such as call forwarding, call waiting, and three-way calling. Ideal for businesses that need advanced call management features.
Call Control (PBX-IP PBX) Market, By Application
- Commercial
- Industrial
On the basis of Application, the Global Call Control (PBX-IP PBX) Market has been segmented into Commercial, and Industrial. Commercial is segment is expected to dominate in the foreseen period. This growth can be attributed to demand from small and medium enterprises (SMEs). Small and medium businesses prefer VoIP over traditional voice services because of its affordable pricing plans, high bandwidth support, enhanced quality of service (QoS) and ease of setup. Also, companies that offer PBX solutions are popular with SMEs. For example, Zumivo Solutions Pvt.Ltd. It is a cloud-based business communication service provider that has been in great demand from small businesses since the beginning of 2017. The business segment is expected to witness significant growth during the forecast period due to the increase in plans to build factories around the world.
Call Control (PBX-IP PBX) Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Based on Geography, the Global Call Control (PBX-IP PBX) Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Regions such as North America and Europe are expected to maintain their market positions throughout the forecast period. The control market in Europe will grow steadily at the highest CAGR over the forecast period due to the globalization and deployment of 5G. The increasing use of VoIP networks in Europe is also having an impact on the overall growth of the call management industry. Another factor driving growth in North America is the economic crisis in the region and rising disposable income. On the other hand, there is an increase in the adoption of PBXs in APAC due to the increasing demand for UC and video conferencing and centralized and reliable connectivity.
As millennials join the business culture, participating in a business exchange (PBX) should be a game changer for many business needs. SMEs in emerging markets like India do not have much money to invest in new technologies emerging due to low income. With the Hosted PBX, business owners do not need to make a big investment by purchasing a phone in the office and it does not need maintenance. Operated and managed by your phone office provider with a PBX solution. As businesses in India and China focus on expansion, they need solutions to meet their needs. By using a hosted PBX, employees can work from anywhere while working on a virtual phone. Businesses can allow their employees to work from home, another office, mobile phone, or even abroad. The growth of organizations and IT departments in Asia Pacific has led to an increase in the number of business calls in recent years.
Key Players
The “Global Call Control (PBX-IP PBX) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cisco, NEC, Avaya, Panasonic, Mitel, Alcatel-Lucent Enterprise, Call Control LLC, Polycom LLC, EIL Global, and ERGOMAN GmbH.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In February 2022, Atlantech Online reports that they installed Anthem Row with fiber optics. Tenants can leverage Atlantech’s Managed PBX Services to complement their corporate infrastructure.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Call Control (PBX-IP PBX) Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Global Call Control (PBX-IP PBX) Market gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Cisco, NEC, Avaya, Panasonic, Mitel, Alcatel-Lucent Enterprise, Call Control LLC, Polycom LLC, EIL Global, and ERGOMAN GmbH. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |