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 6.9% is expected of the worldwide voice communication control system industry from 2025 to 2030.
Revenue, 2024 (US$M)
$4,256.1
Forecast, 2030 (US$M)
$6,310.4
CAGR, 2025 - 2030
6.9%
Report Coverage
Worldwide
Global voice communication control system market, 2018-2030 (US$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 |
|---|
Global voice communication control system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Voice communication control system market size, 2024 (US$M)
Global voice communication control system market share, by component, 2024 & 2030 (%, US$M)
Voice communication control system market: Opportunity assessment by country
Global voice communication control system market, by region, 2024 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 829.2 | 859.9 | 890.8 | 929.6 | 973.0 | 1,021.5 | 1,075.3 | 1,134.4 | 1,200.1 | 1,273.5 | 1,354.5 | 1,444.2 | 1,542.4 | 6.3% |
| Europe | 729.5 | 758.0 | 786.8 | 822.7 | 862.9 | 907.7 | 957.4 | 1,012.1 | 1,072.9 | 1,140.7 | 1,215.7 | 1,298.9 | 1,390.0 | 6.6% |
| Asia Pacific | 578.0 | 607.5 | 638.0 | 674.8 | 715.9 | 761.8 | 812.8 | 869.1 | 931.9 | 1,002.3 | 1,080.6 | 1,167.8 | 1,264.1 | 7.8% |
| Latin America | 542.9 | 565.2 | 587.9 | 616.0 | 647.3 | 682.3 | 721.1 | 763.8 | 811.3 | 864.4 | 923.1 | 988.2 | 1,059.6 | 6.8% |
| MEA | 495.9 | 520.5 | 545.6 | 576.0 | 610.0 | 647.7 | 689.5 | 735.5 | 786.7 | 843.8 | 907.0 | 977.2 | 1,054.3 | 7.5% |
| Overall | 3,175.3 | 3,311.1 | 3,449.0 | 3,619.1 | 3,809.1 | 4,020.9 | 4,256.1 | 4,514.8 | 4,802.9 | 5,124.7 | 5,480.8 | 5,876.2 | 6,310.4 | 6.9% |
Related regional statistics
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