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Digital enhanced cordless telecommunications (DECT) is a well-known wireless communication technology that enables communication between base station and handset. This technology can establish superior communication along with reduced signal interference, enhanced security, and better audio quality, up to a distance of 500 meters between the phone handset and base station. DECT handsets can offer many advantages over standard cellular devices including reduced power requirement, high reliability, secure and undisrupted communication service, and other value added functionalities. Also, DECT supports both PSTN (Public Switched Telephone Network) and VOIP (Voice Over Internet Protocol) telephony, along with networking and data applications. Thus, the DECT phones are grabbing attentions across the enterprise PABX (Private Automatic Branch eXchange) as well as chordless residential markets.
DECT handsets were emerged owing to the trend of chordless enterprise communication system, but then rapid advancements into their features have bolstered the DECT phone market growth. Increased accessibility and direct cost savings owing to cloud VOIP (Voice Over Internet Protocol) services has revolutionized the market landscape of DECT phones. Besides, robust flexibility, easy installation and connectivity are some other key advantages that are driving significant market growth. Key players are investing into research and development activities to enhance product features, which is anticipated to drive the adoption of DECT handsets in the coming years. Moreover, the trend of enterprise mobility or mobile workforce is likely to drive substantial growth of the enterprise DECT phone market during the forecast period.
Key Market Driver -
• Growing petition for enterprise mobility services • Increasing demand for VOIP service
Key Market Restraint -
• Service interruption during power outage
Key players are adopting various strategies such as partnerships, collaboration, or acquisition for expanding their business network. Strategic partnerships are also helping key players to develop or expand their product portfolio. In March 2020, Spectralink Corporation and Funktel GmbH have announced a partnership to enhance Funktel GmbH patented ATEX handsets with additional features in support with Spectralink’s 400/6500/2500 and 8000 DECT servers. Prominent market players are focusing on research and development activities for new product launch or product enhancement. In November 2018, Yealink Inc. has introduced its new DECT technology-based conference handset named ‘CP930W’. This DECT featured phone would enable users to manage wireless meetings as per their convenience without limitations of internet ports and power outlets.
Other Key companies summarised includes ALE International., NEC Nederland B.V., Funktel GmbH., Cisco Systems, Inc., Mitel Networks Corporation, Atos Group, Grandstream Networks, Inc., Cloud Infotech Pvt Ltd., Ascom Holding AG, and among others.
The cordless telephone system has originated in Europe, hence, Europe is likely to showcase substantial share in the DECT phones market. The United Kingdom, Germany, France, are witnessing massive adoption of high-tech business IP DECT phones due to its advantageous features. Besides, technology enhancement, quick service delivery, design innovation, and regulatory compliances are key factors accounting for the growth of the DECT phones market across European nations.
North America is likely to exhibit the highest CAGR in the enterprise DECT phones market owing to constantly rising demand for enterprise mobility services. The proliferation of cloud VOIP services are further accelerating the market growth. Apart from this, substantial adoption of DECT standard-based servers, wifi modules, and other devices are anticipating to support market growth across North America.
Asia-Pacific is expected to be the opportunistic region for the enterprise DECT phones market. Growing need to develop business infrastructure to support modern enterprise mobility services is likely to drive the demand for advanced IP DECP phones.
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