Office and Contact Center Headsets Market Size to Grow by USD 1.45 Bn, Vendors to Deploy Organic and Inorganic Growth Strategies - Technavio
NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The office and contact center headsets market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete. The market is highly competitive, as major vendors are competing against their rivals. The vendors have well-established economies of scale and market presence and generally rely on positioning, technological advances, and the price of the products. Such factors will intensify competition in the market.
The office and contact center headsets market value is anticipated to grow by USD 1.45 billion. In addition, the growth momentum of the market will accelerate at a CAGR of 11.1% during the forecast period, according to Technavio. Get a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE Sample Report is available in PDF format
The increased focus on distribution channels is a trend in the market. Most vendors are focusing on investing in their in-house distribution channels and sales channels, as well as e-commerce. Many companies follow an indirect sales strategy. For instance, the products of Avaya, Cisco, and Microsoft have seamless compatibility with the products of Plantronics owing to strategic partnerships. Other vendors are adopting similar strategies.
Factors such as increased user productivity, low risk of health complications, and better voice clarity and noise cancellation will drive the growth of the office and contact center headsets market during the forecast period. However, the availability of counterfeit products, the high cost of office headsets, and the growing demand for consumer headsets might hamper the market growth.
Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report
The office and contact center headsets market report includes information on the product launches, sustainability, and prospects of leading vendors, including Audio Technica US Inc., Avaya Holdings Corp., beyerdynamic GmbH & Co. KG, GN Store Nord AS, Grado Labs Inc., HP Inc., LG Electronics Inc., Logitech International SA, Panasonic Holdings Corp., Philips International BV, RHA Technologies Pvt. Ltd., Roland Corp., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co. KG, Shure Inc., Skullcandy Inc., Sony Group Corp., Xiaomi Inc, and Zound Industries International AB.
This report provides a full list of key vendors, their strategies, and latest developments. Buy Now for detailed vendor information
The office and contact center headsets market report includes competitive analysis, a proprietary tool for analyzing and evaluating the position of companies based on their industry position and market performance scores. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are growth strategies, financial performance over the last three years, new product launches, innovation score, investments, and growth in market share.
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Type
7 Market Segmentation by Connectivity
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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