In 2019, Increasing demand from call centers and business offices across the globe. However, the demand from residential sector is expected to increase at a CAGR of 16.62% during the forecast period due to the increased demand for high quality headsets from open office and home working professionals.
The UC & Business headsets market is projected to reach 2,165.72 million USD by 2025, at a CAGR of 7.80% between 2019 and 2025. The growth in the market size is expected to be driven by the increasing demand for unified communication products and solutions across the globe, especially in emerging countries. The growth is also associated with the steady demand in US and Europe, decrease in the cost of manufacturing the UC & Business headset with the advancement of cutting edge technologies and outsourcing manufacturing thus decreasing costs of production.
The factors driving the UC & Business headsets market are growing demand for flexible work, adoption of AI in the UC industry. Integration of artificial intelligence in business communication applications like unified communications is expected to enhance online meetings, mail handling, messages, voice, calls and office applications. UC headsets are expected to revolutionize the UC industry to keep up with growing demands of remote and in-office workers.
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The market for UC & Business Headsets is intensely competitive and dominated by a few vendors, namely Plantronics, Jabra and Sennheiser accounting for a major share of the global market in 2019. The vendors in the UC & Business headsets market compete based on product portfolio, product differentiation, and the pricing of products. The rise in technological innovations in designing the products for better quality audio and ease of use is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features into their products. In addition, the market is expected to be highly competitive over the years with increased number of players, such as Cisco, and other regional players, including RTX in Denmark, Dasan Electron in South Korea, Telekonnectors in India, Hion in China, Nagatsuka in Japan, Felitron in Brazil, and Addcom in Australia entering into the market.
UC & Business Headsets Breakdown Data by Type
USB Series Corded Headset
USB Series Bluetooth Headsets
UC & Business Headsets Breakdown Data by Application
In 2019, United States accounted for the largest market for UC & Business headsets, followed by the Europe and China. The US and Europe accounted for about three-fourth of the global market for UC & Business headsets in 2018. The US is the most dominant market in terms of revenue share and is expected to continue to be the major market over the forecast period due to the steady demand for high-quality headsets and increased open office workforce. The rising adoption of unified communication across business sectors in the Asia-Pacific region and shift in focus of the UC headset players towards Asia-Pacific is expected to account fast growth rate of the UC & Business headsets market in Asia-Pacific (China, Japan, South Korea, India, Philippines, and others) during the forecast period.
Rest of the World
Key Takeaways from this Report:
01. Understand the various dynamics influencing the UC & Business Headsets market – key driving factors, challenges, and hidden opportunities.
02. Get in-depth insights on your contestant performance of UC & Business Headsets Market – market shares, strategies, monetary benchmarking, product benchmarking and additional.
03. The UC & Business Headsets Market study report analyzes the sales and distribution channels across key regions to enhance top-line revenues.
04. Get a fast outlook on the UC & Business Headsets market report entropy – Deals, partnerships, product launches of all key players for the past five years.
05. Evaluate the restrictive landscape, import-export statistics and supply-demand gaps for quite prime twenty countries globally for the UC & Business Headsets market.
Market Research Methodology:
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of UC & Business Headsets market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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