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World - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights
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The global telephone market is projected to experience a slight increase in both volume and value from 2022 to 2030, with an anticipated CAGR of +1.0% and +1.5% respectively. Analysis of consumption trends shows stable numbers with slight declines over the years, with notable growth in some countries like Kuwait. Production and imports saw fluctuations, while exports experienced a noticeable decline. Major importing and exporting countries are highlighted, along with key types of telephones and videophones. Average import and export prices also showed variations over the years.
Market Forecast
Driven by rising demand for telephone worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.0% for the period from 2022 to 2030, which is projected to bring the market volume to 371M units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.5% for the period from 2022 to 2030, which is projected to bring the market value to $37.9B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Telephones And Videophones
Global telephone consumption reached 343M units in 2022, remaining stable against 2021. Over the period under review, consumption, however, continues to indicate a perceptible decrease. Over the period under review, global consumption reached the peak volume at 487M units in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
The global telephone market size rose markedly to $33.8B in 2022, surging by 8.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a perceptible descent. Over the period under review, the global market reached the maximum level at $45.3B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (70M units), China (56M units) and India (21M units), together accounting for 43% of global consumption. Japan, Brazil, the United Arab Emirates, Guatemala, Kuwait and Indonesia lagged somewhat behind, together accounting for a further 17%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Kuwait (with a CAGR of +46.7%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($6.5B) led the market, alone. The second position in the ranking was held by Japan ($3.1B). It was followed by China.
In the United States, the telephone market declined by an average annual rate of -4.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-14.3% per year) and China (+5.1% per year).
The countries with the highest levels of telephone per capita consumption in 2022 were Kuwait (1,578 units per 1000 persons), the United Arab Emirates (935 units per 1000 persons) and Guatemala (501 units per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Kuwait (with a CAGR of +42.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Telephones And Videophones
In 2022, production of telephones and videophones decreased by -0.4% to 337M units for the first time since 2019, thus ending a two-year rising trend. Overall, production recorded a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 1.8%. Over the period under review, global production hit record highs at 487M units in 2012; however, from 2013 to 2022, production remained at a lower figure.
In value terms, telephone production reached $24.4B in 2022 estimated in export price. Over the period under review, production showed a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.4%. Global production peaked at $37.1B in 2012; however, from 2013 to 2022, production failed to regain momentum.
Production By Country
The countries with the highest volumes of production in 2022 were China (87M units), the United States (56M units) and India (28M units), with a combined 51% share of global production. Japan, Malaysia, Brazil, Hong Kong SAR, Indonesia and Spain lagged somewhat behind, together accounting for a further 16%.
From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +27.9%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Telephones And Videophones
In 2022, supplies from abroad of telephones and videophones was finally on the rise to reach 123M units after nine years of decline. Over the period under review, imports, however, saw a deep setback. Over the period under review, global imports attained the peak figure at 206M units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
In value terms, telephone imports skyrocketed to $6.9B in 2022. In general, imports, however, saw a mild descent. Global imports peaked at $8.3B in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports By Country
In 2022, the United States (23M units), followed by India (15M units), the United Arab Emirates (10M units), Guatemala (8.4M units) and Kuwait (6.9M units) were the major importers of telephones and videophones, together generating 52% of total imports. The UK (4.8M units), France (4.7M units), Germany (3.6M units), Hong Kong SAR (3.5M units), the Philippines (2.5M units), Mexico (2.3M units), Japan (2.2M units) and Italy (2.1M units) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of +48.8%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($1.1B), France ($815M) and Guatemala ($806M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 40% of global imports.
In terms of the main importing countries, Guatemala, with a CAGR of +49.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
Telephone sets n.e.c. in item no. 8517.1 was the major imported product with an import of about 78M units, which amounted to 64% of total imports. It was distantly followed by line telephone sets with cordless handsets (45M units), achieving a 36% share of total imports.
From 2012 to 2022, the biggest increases were recorded for telephone sets n.e.c. in item no. 8517.1 (with a CAGR of -1.2%).
In value terms, telephone sets n.e.c. in item no. 8517.1 ($5.5B) constitutes the largest type of telephones and videophones imported worldwide, comprising 79% of global imports. The second position in the ranking was taken by line telephone sets with cordless handsets ($1.4B), with a 21% share of global imports.
From 2012 to 2022, the average annual rate of growth in terms of the value of telephone sets n.e.c. in item no. 8517.1 imports was relatively modest.
Import Prices By Type
The average telephone import price stood at $56 per unit in 2022, which is down by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 14%. As a result, import price reached the peak level of $59 per unit, and then reduced in the following year.
Prices varied noticeably by the product type; the product with the highest price was telephone sets n.e.c. in item no. 8517.1 ($70 per unit), while the price for line telephone sets with cordless handsets totaled $32 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by telephone sets n.e.c. in item no. 8517.1 (+1.8%).
Import Prices By Country
The average telephone import price stood at $56 per unit in 2022, reducing by -5.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2021 when the average import price increased by 14%. As a result, import price attained the peak level of $59 per unit, and then dropped in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($173 per unit), while India ($9.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Telephones And Videophones
In 2022, after nine years of decline, there was significant growth in shipments abroad of telephones and videophones, when their volume increased by 32% to 117M units. In general, exports, however, continue to indicate a abrupt shrinkage. The global exports peaked at 206M units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, telephone exports surged to $6B in 2022. Overall, exports, however, continue to indicate a noticeable decline. The global exports peaked at $7.5B in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports By Country
China (31M units) and India (22M units) represented roughly 46% of total exports in 2022. It was distantly followed by the United States (9.1M units), Malaysia (8.1M units), Hong Kong SAR (8M units) and Germany (6M units), together generating a 27% share of total exports. Spain (3.6M units), the Netherlands (2.6M units), Thailand (2.3M units), Mexico (2.2M units), the UK (2.1M units) and France (2M units) took a relatively small share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +30.4%), while the other global leaders experienced more modest paces of growth.
In value terms, India ($866M), the United States ($744M) and China ($660M) constituted the countries with the highest levels of exports in 2022, with a combined 38% share of global exports.
India, with a CAGR of +22.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Exports By Type
In 2022, telephone sets n.e.c. in item no. 8517.1 (60M units), followed by line telephone sets with cordless handsets (57M units) represented the key types of telephones and videophones, together mixing up 100% of total exports.
From 2012 to 2022, the biggest increases were recorded for telephone sets n.e.c. in item no. 8517.1 (with a CAGR of -4.3%).
In value terms, telephone sets n.e.c. in item no. 8517.1 ($4B) remains the largest type of telephones and videophones supplied worldwide, comprising 68% of global exports. The second position in the ranking was held by line telephone sets with cordless handsets ($1.9B), with a 32% share of global exports.
For telephone sets n.e.c. in item no. 8517.1, exports remained relatively stable over the period from 2012-2022.
Export Prices By Type
In 2022, the average telephone export price amounted to $51 per unit, rising by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2015 an increase of 19%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exported products. In 2022, the product with the highest price was telephone sets n.e.c. in item no. 8517.1 ($67 per unit), while the average price for exports of line telephone sets with cordless handsets amounted to $34 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by telephone sets n.e.c. in item no. 8517.1 (+3.9%).
Export Prices By Country
The average telephone export price stood at $51 per unit in 2022, growing by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2015 an increase of 19%. The global export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($156 per unit), while China ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.8%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global telephone market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26302100 - Line telephone sets with cordless handsets
- Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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