Industry Background:
The phonebook can be printed in hard copy or in electronic form. In the latter case, the directory can be used provided as an online service through proprietary terminals or over the Internet, or on physical media such as CD-ROM. The demand for a phonebook is stable in developing and underdeveloped countries. The phone book is still used in various government organizations. Some demographics still use the Yellow Pages to find local businesses. Larger brands can afford to put their business in the Yellow Pages. Before the Internet, if a person needed to obtain a phone number or address for a person or business, he grabbed the phone book and searched for the information. The global Phonebooks market was valued at USD 9,756.63 Million in 2019 and is expected to reach USD 5,417.63 Million by 2025, declining at a CAGR of 9.34% during 2020-2025. COVID-19 pandemic has adversely affected the global economy. Because of this pandemic, the phone book market is expected to decline by 15.61% in the 2020 year as compared to the previous year. This industry already had faced significant challenges due to the slowdown in the economy, changing consumer behavior, technological development. The sudden occurrence of COVID-19 has boosted the slowdown significantly. In this pandemic situation, nobody is spending on depreciating products; it is becoming difficult for dealers to sell their inventory.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Whitepages Inc. (United States), Thryv, Inc. (United States), Yellow Pages Limited (Canada), Platinum Equity Advisors, LLC. (United States), Hibu Group Limited (United Kingdom), Ziplocal (United States), Names and Numbers (United States) and User Friendly Media (United States) |
Globally, a noticeable market trend is evident Lack of Strategic Planning Process by Market Players The Publishing sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Whitepages Inc. (United States), Thryv, Inc. (United States), Yellow Pages Limited (Canada), Platinum Equity Advisors, LLC. (United States), Hibu Group Limited (United Kingdom), Ziplocal (United States), Names and Numbers (United States) and User Friendly Media (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2020, Thryv Holdings, Inc., the provider of Thryv software has announced the launch of ThryvPaySM, the first payment processing service designed specifically for service-driven small businesses. It is the new feature of Thryv software that allows users to get paid via credit card and ACH payments.
Influencing Trend:
Lack of Strategic Planning Process by Market Players
Market Growth Drivers:
Restraints:
Rapid Change in Consumer Behaviour
Opportunities:
Development in Digital Phone Book
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Phonebooks Market
- Analysis about New Entrants in Phonebooks Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Phonebooks Study Sheds Light on
The Phonebooks Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Phonebooks industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Phonebooks industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.