Analysis of the Asia-Pacific SIP Phone Market
The Asia-Pacific (APAC) region presents very good growth momentum for SIP phone market, with fast-paced evolution expanding the market spectrum and delivering more functionality to business environments.
Market revenue was expected to be $ million in 2014, with a double-digit revenue compound annual growth rate (CAGR) of % from 2014 to 2020.
The growth of hosted telephony services and the increasing adoption of Microsoft Lync solutions are expected to be among the key market growth drivers.
China, Australia, and India led the region in unit shipments in 2014. Southeast Asian markets witnessed fast-growing adoption of SIP phones.
Polycom, Yealink, and Cisco contributed % of total unit shipments in the region in 2014. However growth for these leading vendors is flat while companies such as Grandstream, Fanvil, and Snom are growing fast.
About this report
This Market Insight lists growth drivers and restraints for the Asia-Pacific SIP phone market and provides revenue and unit shipment forecasts through 2020. It looks at regional trends that will affect adoption and analyzes growth opportunities. The study breaks down the unit shipment shares of top market participants and provides a competitive analysis. It concludes with 3 big predictions for developments in the market. The base year is 2014; the forecast period is from 2015 to 2020.
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