Global Voice Communication Control System Market Size & Outlook
The voice communication control system industry worldwide is expected to reach a projected revenue of US$ 6,310.4 million by 2030. A compound annual growth rate of 6.7% is expected of the worldwide voice communication control system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,020.9
Forecast, 2030 (US$M)
$6,310.4
CAGR, 2024 - 2030
6.7%
Report Coverage
Worldwide
Global voice communication control system market, 2018-2030 (US$M)
Related Markets
Global voice communication control system market highlights
- The global voice communication control system market generated a revenue of USD 4,020.9 million in 2023 and is expected to reach USD 6,310.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 1,560.1 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,020.9 million |
| Market revenue in 2030 | USD 6,310.4 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 25.4% of the global voice communication control system market in 2023.
- By country, the Canada is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,161.4 million by 2030.
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Voice Communication Control System Market Scope
Voice communication control system market segmentation & scope
Voice Communication Control System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global voice communication control system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Voice communication control system market size, 2023 (US$M)
Global voice communication control system market share, by component, 2023 & 2030 (%, US$M)
Voice communication control system market: Opportunity assessment by country
Global voice communication control system market, by region, 2023 (US$M)
Related regional statistics
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