Global Corded Phones Market Size By Type (Analog, DECT), By Application (Home, Offices), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 37039 | Published Date: Apr 2025 | No. of Pages: | Base Year for Estimate: Apr 2025 | Format:


The Global Corded Phones Market is expected to experience steady growth during the forecast period of 2023 to 2031. Corded phones remain relevant due to their reliability, cost-effectiveness, and use in specific environments such as offices, call centers, and households in regions with limited access to mobile networks. The market's growth is supported by the continuous demand for stable telecommunication solutions, particularly in sectors requiring uninterrupted communication lines.

Drivers:

Cost-Effectiveness: Corded phones offer an affordable communication solution, especially in budget-conscious regions or institutions.

Reliable Connectivity: Their operation without dependence on batteries or frequent charging ensures consistent performance, crucial for emergency situations and organizations.

Business Applications: Offices and call centers continue to utilize corded phones for their clarity and ability to handle high call volumes.

Restraints:

Shift to Wireless Technologies: The growing preference for mobile phones and wireless devices challenges the corded phone market.

Aging Consumer Base: Younger generations increasingly favor mobile devices, limiting the target demographic for corded phones.

Opportunities:

Niche Market Focus: Expanding into niche applications like government use, hospitals, and security installations where reliability is paramount.

Technological Integration: Incorporating advanced features such as call management systems and VoIP compatibility can rejuvenate market interest.

Market Insights by System Type:

The market is segmented into Traditional Analog Phones and VoIP-enabled Corded Phones. VoIP-enabled phones are anticipated to grow faster due to their integration with modern telecommunication systems and better functionality.

Market Insights by End-Use:

Key end-users include Residential, Commercial, and Government & Institutional Sectors. The commercial sector is expected to hold the largest market share due to the continuous reliance on corded systems for operations requiring uninterrupted services.

Regional Insights:

North America: Dominates the market due to established telecommunication infrastructure and corporate demand.

Asia-Pacific: Projected to experience the highest growth rate owing to affordability and demand in emerging economies.

Europe: Steady growth driven by the office and institutional adoption of corded solutions.

Competitive Scenario:

Key players include Panasonic Corporation, Cisco Systems, Inc., Mitel Networks Corporation, Grandstream Networks, Inc., and VTech Communications, Inc. Companies are focusing on enhancing product functionality and compatibility with modern telecommunication systems to stay competitive.

Scope of Work – Global Corded Phones Market

Report Metric

Details

Market Size in 2023

USD 5.2 billion

Market Size in 2031

USD 6.8 billion

Growth Rate (CAGR)

3.2%

Market Segments

System Type, End-use, Region

Growth Drivers

Cost-effectiveness, Reliability

Opportunities

Technological advancements, Niche Focus

Key Market Developments:

In 2023, Cisco Systems introduced VoIP-enabled corded phones with integrated call analytics for better performance in commercial applications.

Panasonic Corporation launched advanced call management corded phones designed for small and medium enterprises in 2024.

Grandstream Networks expanded its product portfolio in 2025 by introducing hybrid models compatible with both traditional and modern telecommunication systems.

FAQs:

What is the current market size of the Global Corded Phones Market?

The market size was valued at USD 5.2 billion in 2023.

What is the major growth driver of the Global Corded Phones Market?

Cost-effectiveness and reliable connectivity are the primary growth drivers.

Which is the largest region during the forecast period in the Global Corded Phones Market?

North America dominates the market, with Asia-Pacific expected to witness the fastest growth.

Which segment accounted for the largest market share in the Global Corded Phones Market?

The commercial segment held the largest share due to high adoption in offices and call centers.

Who are the key market players in the Global Corded Phones Market?

Key players include Panasonic Corporation, Cisco Systems, Inc., Mitel Networks Corporation, and Grandstream Networks, Inc.

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