India Voice Communication Control System Market Size & Outlook
The voice communication control system market in India is expected to reach a projected revenue of US$ 295.1 million by 2030. A compound annual growth rate of 8.1% is expected of India voice communication control system market from 2024 to 2030.
Revenue, 2023 (US$M)
$170.5
Forecast, 2030 (US$M)
$295.1
CAGR, 2024 - 2030
8.2%
Report Coverage
India
India voice communication control system market, 2018-2030 (US$M)
Related Markets
India voice communication control system market highlights
- The India voice communication control system market generated a revenue of USD 170.5 million in 2023 and is expected to reach USD 295.1 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% 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 170.5 million |
| Market revenue in 2030 | USD 295.1 million |
| Growth rate | 8.1% (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, India accounted for 4.2% 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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India voice communication control system market size, by component, 2018-2030 (US$M)
India Voice Communication Control System Market Outlook Share, 2023 & 2030 (US$M)
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