
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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