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Global Landline Phones Market is projected to exhibit a CAGR of -2.76%

Global Landline Phones Market is projected to exhibit a CAGR of -2.76%
PR-Inside.com: 2018-07-12 12:14:47
Landline Phones are a kind of phone that uses a metal wire or optical fiber telephone line for transmission as distinguished from a mobile cellular line, which uses radio waves for transmission.

The global Landline Phones market is valued at 3,858 million USD in 2017 and is expected to reach 3,085 million USD by the end of 2025, growing at a CAGR of -2.76% between 2017 and 2025.


The main raw materials are SoC (ARM+DSP), LCD Display, Shell, Power supply, PCB, Electronics Components, Plastics (PVC, PS, PP, PE resins) etc. With the continuous development of electronic technology, part of the price of electronic components showed a slow decline trend. Affected by the macroeconomic, in recent years, the prices of plastic materials have some fluctuations, but the industry has certain control capabilities to unaffected of the plastic raw material price fluctuations. Generally, the price fluctuations of plastics and other raw materials will not have a significant impact on the industry.

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The leading players include following list:

VTech

Panasonic

Cisco

Avaya

Philips

Gigaset

Polycom

Mitel

Cordless telephone technology is very mature now, and new enterprises can’t surpass existing famous brands on reputation or design in the short term. Substitutes (especially smart phones) have forced this industry into recession period. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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