Global DECT System Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx %over the forecast period 2023-2030. DECT, an abbreviation for Digital Enhanced Cordless Telecommunications, refers to a wireless standard commonly utilized in landline telephones. This standard is specifically designed for short-range communication and serves as an access method to the primary network. The DECT System Market is expanding because of factors such as rising wireless connectivity and increasing adoption of smart devices. Moreover, the increasing demand for wireless connectivity and the growing adoption of smart devices is expected to drive the growth of the DECT system market. Its importance has progressively increased during the forecast period of 2023-2030.
According to Statista in 2020, The projected global revenue for wireless connectivity was expected to reach USD 54.7 billion. Furthermore, it was estimated that in 2021, approximately 22.2 billion devices worldwide would be connected via WLAN Wireless Local Area Network. The DECT system market experiences growth due to the increasing adoption of smart devices and the ease of portability, contributes to market expansion. According to the Statista in 2027, the Smart Home market is expected to have approximately 672.60 million active households. The household penetration rate, forecasted to be 14.2% in 2022, is predicted to increase to 28.8% by 2027.In addition, growing demand from telecom industry and rising technological developments in DECT system would create a lucrative growth opportunity. However, the lack of technically skilled personnel and complex rules and regulations regarding wireless technology stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global DECT System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market during the forecast period owing to the adoption of wireless communication technologies and the increasing demand for reliable and secure communication systems. The region's advanced telecommunication infrastructure and the need for efficient communication in various sectors contribute to market expansion. Asia Pacific is fastest growing region during the forecast period, owing to factors such as, expanding industrial and commercial sectors, increasing urbanization, and the rising adoption of advanced communication technologies.
Major market player included in this report are:
- Motorola Solutions, Inc
- Vivo Mobile Communications Co., Ltd
- Uniden Holdings Corporation
- Video Technology Limited
- TCL Corporation.
- Matsushita Electric Industrial Company, Ltd
- Koninklijke Philips N.V.
- Gigaset AG
- The American Telephone and Telegraph Company, Inc
- General Electric Company (GE)
Recent Developments in the Market:
- In January 2021, VTech acquired QSC's LLC production facility in Tecate, Mexico. The facility had expertise in manufacturing wood enclosure loudspeakers. This acquisition was a strategic move by VTech to enhance its dominant position in the manufacturing of professional audio equipment through its division, VTech Contract Manufacturing Services (CMS). Moreover, the acquisition provided VTech with valuable expertise and potential for future growth.
Global DECT System Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Sales Channel, Application, Industry vertical, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Sales Channel:
By Application:
- Public Places
- Residential
- Offices
By Industry Vertical:
- Building Construction
- IT telecom
- Healthcare,
- Aerospace & Defense
- Industrial
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. DECT System Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. DECT System Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. DECT System Market, by Sales Channel, 2020-2030 (USD Billion)
- 1.2.4. DECT System Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. DECT System Market, by Industry Vertical , 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global DECT System Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global DECT System Market Dynamics
- 3.1. DECT System Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising wireless connectivity
- 3.1.1.2. Growing adoption of smart devices
- 3.1.2. Market Challenges
- 3.1.2.1. Lack of technically skilled personnel
- 3.1.2.2. Complex rules and regulations
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing demand from telecom industry
- 3.1.3.2. Rising technological developments in DECT systems
Chapter 4. Global DECT System Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global DECT System Market, by Type
- 5.1. Market Snapshot
- 5.2. Global DECT System Market by Type, Performance - Potential Analysis
- 5.3. Global DECT System Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. DECT System Market, Sub Segment Analysis
- 5.4.1. DECT
- 5.4.2. DECT 6.0
Chapter 6. Global DECT System Market, by Sales Channel
- 6.1. Market Snapshot
- 6.2. Global DECT System Market by Sales Channel , Performance - Potential Analysis
- 6.3. Global DECT System Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Billion)
- 6.4. DECT System Market, Sub Segment Analysis
- 6.4.1. Online
- 6.4.2. Offline
Chapter 7. Global DECT System Market, by Application
- 7.1. Market Snapshot
- 7.2. Global DECT System Market by Application, Performance - Potential Analysis
- 7.3. Global DECT System Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. DECT System Market, Sub Segment Analysis
- 7.4.1. Public Places
- 7.4.2. Residential
- 7.4.3. Offices
Chapter 8. Global DECT System Market, by Industry Vertical
- 8.1. Market Snapshot
- 8.2. Global DECT System Market by Industry Vertical , Performance - Potential Analysis
- 8.3. Global DECT System Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
- 8.4. DECT System Market, Sub Segment Analysis
- 8.4.1. Building Construction
- 8.4.2. IT telecom
- 8.4.3. Healthcare,
- 8.4.4. Aerospace & Defense
- 8.4.5. Industrial
- 8.4.6. Others
Chapter 9. Global DECT System Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. DECT System Market, Regional Market Snapshot
- 9.4. North America DECT System Market
- 9.4.1. U.S. DECT System Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Sales Channel breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada DECT System Market
- 9.5. Europe DECT System Market Snapshot
- 9.5.1. U.K. DECT System Market
- 9.5.2. Germany DECT System Market
- 9.5.3. France DECT System Market
- 9.5.4. Spain DECT System Market
- 9.5.5. Italy DECT System Market
- 9.5.6. Rest of Europe DECT System Market
- 9.6. Asia-Pacific DECT System Market Snapshot
- 9.6.1. China DECT System Market
- 9.6.2. India DECT System Market
- 9.6.3. Japan DECT System Market
- 9.6.4. Australia DECT System Market
- 9.6.5. South Korea DECT System Market
- 9.6.6. Rest of Asia Pacific DECT System Market
- 9.7. Latin America DECT System Market Snapshot
- 9.7.1. Brazil DECT System Market
- 9.7.2. Mexico DECT System Market
- 9.8. Middle East & Africa DECT System Market
- 9.8.1. Saudi Arabia DECT System Market
- 9.8.2. South Africa DECT System Market
- 9.8.3. Rest of Middle East & Africa DECT System Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Motorola Solutions, Inc
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Vivo Mobile Communications Co., Ltd
- 10.3.3. Uniden Holdings Corporation
- 10.3.4. Video Technology Limited
- 10.3.5. TCL Corporation
- 10.3.6. Matsushita Electric Industrial Company, Ltd
- 10.3.7. Koninklijke Philips N.V.
- 10.3.8. Gigaset AG
- 10.3.9. The American Telephone and Telegraph Company, Inc.
- 10.3.10. General Electric Company (GE)
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption