China Voice Communication Control System Market Size & Outlook
The voice communication control system market in China is expected to reach a projected revenue of US$ 416.7 million by 2030. A compound annual growth rate of 7.9% is expected of China voice communication control system market from 2024 to 2030.
Revenue, 2023 (US$M)
$244.2
Forecast, 2030 (US$M)
$416.7
CAGR, 2024 - 2030
7.9%
Report Coverage
China
China voice communication control system market, 2018-2030 (US$M)
Related Markets
China voice communication control system market highlights
- The China voice communication control system market generated a revenue of USD 244.2 million in 2023 and is expected to reach USD 416.7 million by 2030.
- The China market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Voice communication control system market data book summary
| Market revenue in 2023 | USD 244.2 million |
| Market revenue in 2030 | USD 416.7 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, China accounted for 6.1% of the global voice communication control system market in 2023.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China voice communication control system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 295.1 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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China voice communication control system market size, by component, 2018-2030 (US$M)
China Voice Communication Control System Market Outlook Share, 2023 & 2030 (US$M)
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