About HD Voice
Over the past couple of decades, the global telecommunication infrastructure has been increased robustly with respect to technological advancements in the telecommunication equipment. Thus, the demand for HD voice devices will grow over the forecasted period. In addition to this, HD (High Definition) Voice Service Providers have increased the adoption of Voice Over LTE (Volte) which provides Comparatively Better Quality and Speed over HD Voice. HD voice is a next-generation technology that offers comparatively higher voice quality for calls using both mobile and fixed networks. The primary restraint behind the business growth of HD voice in this market is volatile telecommunication standards and the lack of codec interoperability which leads to limit accessibility and connectivity of the devices. HD voice stands for high definition voice.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 23.45% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Telefonaktiebolaget, AT&T Inc., Orange S.A., Avaya, and Cisco Systems. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global HD Voice market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Telefonaktiebolaget LM Ericsson (Sweden), AT&T Inc. (United States), Orange S.A. (France), Avaya (United States), Cisco Systems, Inc. (United States), Verizon Communications Inc. (United States), Polycom, Inc. (United States), Alcatel-Lucent S.A. (France), Deutsche Telekom AG (Germany) and Broadcom Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Dialogic Inc. (United States), Xconnect Trading Ltd (United Kingdom), Cellular South Inc. d.b.a (United States) and Interoute Communications Ltd (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global HD Voice market by , Application (Video Conferencing , Audio Conferencing , Web Conferencing , Multimedia Conferencing , Audio Broadcast and Announcement Services) and Region.
On the basis of geography, the market of HD Voice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North Amercia region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Platform, the sub-segment i.e. Mobile will boost the HD Voice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Enterprise User will boost the HD Voice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurging Adoption of Voice Over LTE (Volte) which provides Comparatively Better Quality and Speed over HD Voice and Continuously Changing Voice over Internet Models which will Increase Profitability
Market Growth Drivers:
Increasing Smart Phone Industry as well as Telecommunication Infrastructure and Growing Adoption of Telecommunication Advancements in Small and Medium Enterprises
Challenges:
Lack of Universal Telecommunication Standards might Complicate Business Process and Lack of Skilled Workforce and Infrastructural Development from Underdeveloped Regions
Restraints:
Continues Business Developments from Over-the-Top (OTT) Players might Stagnate the Demand for HD Voice and HD Voice Provides Limited Connectivity and Accessibility
Opportunities:
Minimum Infrastructural Development & Post Purchase Maintainance and Continues Research and Developments in HD Voice Development
Market Leaders and their expansionary development strategies
Until May 28, 2019, Vietnam has exported USD 45 billion worth of mobile phones that were manufactured in the country during 2017. Between 2014 and 2016, the country also added nearly 1.5 million manufacturing jobs. Vietnam’s manufacturing sector is experiencing an industrial revolution of its own but to capture the next wave of growth, enabled by 5G and IoT, Ericsson is supporting the Government of Vietnam to help accelerate the adoption of Industry 4.0.
On 9th May 2019, Orange Digital Ventures has invested in an innovative Berlin-based fintech making strides in the European savings marketplace named 'Raisin'. Orange has joined the €100m Series D fundraising round of Raisin alongside existing investors Index Ventures, PayPal, Ribbit Capital and Thrive Capital. The new round allows Raisin, one of the fastest growing European start-ups, to expand its core service in at least two additional European markets this year and extend its line of investment products.
Key Target Audience
HD Voice Service Providers, HD Voice Upstream and Downstream Buyers, Telecommunication Industry Associations, Government Agencies, Research and Development Institutes, Financial Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.