South Korea Voice Communication Control System Market Size & Outlook
The voice communication control system market in South Korea is expected to reach a projected revenue of US$ 122.0 million by 2030. A compound annual growth rate of 7.7% is expected of South Korea voice communication control system market from 2024 to 2030.
Revenue, 2023 (US$M)
$72.8
Forecast, 2030 (US$M)
$122.0
CAGR, 2024 - 2030
7.7%
Report Coverage
South Korea
South Korea voice communication control system market, 2018-2030 (US$M)
Related Markets
South Korea voice communication control system market highlights
- The South Korea voice communication control system market generated a revenue of USD 72.8 million in 2023 and is expected to reach USD 122.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.7% 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 72.8 million |
| Market revenue in 2030 | USD 122.0 million |
| Growth rate | 7.7% (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, South Korea accounted for 1.8% 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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South Korea voice communication control system market size, by component, 2018-2030 (US$M)
South Korea Voice Communication Control System Market Outlook Share, 2023 & 2030 (US$M)
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