Telephone Answering Machine Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

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Telephone Answering Machine Market is forecast to reach $40.2M after growing at a CAGR of 1.51% during 2020-2025 owing to the broad usage of these systems in enterprises. The increasing use of VoIP (Voice over internet protocol) with automated/digital assistant is set to impose a significant challenge to the market growth during 2020-2025. However, the growing adoption of Bluetooth and cordless answering machines in SMEs is set offset the challenge slightly, thereby driving the market
 
Key Takeaways
  • Bluetooth based telephone answering machine is analyzed to hold the major market share owing to the remote accessibility.
  • North America dominates the market share due to the significant usage of telephone answering machines for enterprise applications. 
  • Increasing demand for smartphones, VoIP and so on is set to challenge telephone answering machine market growth.

Type - Segment Analysis

Cordless telephone answering machine held the major share in 2019 and Bluetooth cordless phone devices are analyzed to have highest growth rate during the forecast period. The user can access this machine from anywhere staying within the range of the Bluetooth. In individual applications the phone can be answered from anywhere in the house using these machines. Employment of telephone answering machines for management of calendar and diary software of the individual user for proper scheduling of meeting appointments improves the professional life of the customer thereby impacting the market. Therefore the benefits enabled using the telephone answering machines is analyzed to impact the growth in market for telephone answering machines.

Application - Segment Analysis

Enterprise is analyzed to hold major market share and is estimated to grow at a CAGR of 1.7% during the forecast period 2020-2025. Earlier the telephone answering machines acted as message machines employed magnetic recordings but with the advanced technology, different storage devices are employed for various applications including fax, record and so on. Telephone answering machines not only pick up the call, but also record it, provides 24/7 services, thereby assisting in the customer engagement. Furthermore, the telephone answering machines help the enterprises in performing various tasks such as faxing, taking phone calls and transferring phone calls to appropriate people. Moreover the telephone answering machines also provide personalized customer services to the users. Hence these factors are analyzed to impact the growth of the telephone answering machines market.

Geography - Segment Analysis

North America dominated the market in 2019 with market share of 28%, however Asia-pacific is analyzed to grow at highest rate during the forecast period. This is due to the presence of many small, medium and large scale enterprises that employ traditional telephone answering machines over employees as telephone assistants to reduce operational expenses. Telephone answering machines growth is mainly attributed to the unified communications provided in various industries.

Drivers – Telephone Answering Machine Market

  • Employment in Enterprises
The key factor driving the telephone answering machine market is the employment in many small scale enterprises owing to its low cost. Many small and medium scale enterprises opt for these machines to avoid hiring employees due to the expenses. Furthermore it helps in maintain strong customer relationships as the clients can leave a voice message during off hours or events when the calls are missed by the recipient which can are accessed later on.

Challenges – Telephone Answering Machine Market

  • Increase in usage of smart phones and VoIP
The usage of smartphones has increased rapidly in the past few years, which is hindering the usage of traditional telephones owing to wide range of advantages. Moreover with the development of VoIP the market for telephone answering machines has further declined as they provide the users many communication services include voice, fax, and so on over public internet. The rise in the application developments for VoIP is further hampering the growth of telephone answering machines.

Market Landscape

In 2018, the market of Telephone Answering Machine has been consolidated by the top ten players accounting including AT&T, Panasonic, General Electric, Motorola, Clear sounds, BT, Clarity Telecom, ATL Telecom, Uniden Corp., Technicolor among others holding the major share. 
1. Telephone Answering Machine Market - Overview
        1.1 Definitions and Scope
2. Telephone Answering Machine Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Telephone Answering Machine Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Telephone Answering Machine Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Telephone Answering Machine Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Telephone Answering Machine Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Telephone Answering Machine Market - Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Telephone Answering Machine Market - By Product Type (Market Size -$Million / $Billion)
9. Telephone Answering Machine Market - By Type (Market Size -$Million / $Billion)
9.1 Cordless
9.2 Bluetooth
10. Telephone Answering Machine - By End User (Market Size -$Million / $Billion)
10.1 Individual
10.2 Enterprise
11. Telephone Answering Machine - By Geography (Market Size -$Million / $Billion)
        11.1 Telephone Answering Machine Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Telephone Answering Machine- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Telephone Answering Machine- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Telephone Answering Machine - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Telephone Answering Machine - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Telephone Answering Machine Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Telephone Answering Machine Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Telephone Answering Machine Market - Key Company List by Country Premium
15. Telephone Answering Machine Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 At&T
15.3 Amplicom
15.4 Clearsounds
15.5 Clarity Telecom
15.6 General Electric
15.7 Motorola Mobility Llc
15.8 Panasonic Corporation
15.9 Uniden Corporation
15.10 Vtech Communications Inc
15.11 Technicolor
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Telephone Answering Machine Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Telephone Answering Machine Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

LIST OF FIGURES

1.US Telephone Answering Machine Market Revenue, 2019-2024 ($M)
2.Canada Telephone Answering Machine Market Revenue, 2019-2024 ($M)
3.Mexico Telephone Answering Machine Market Revenue, 2019-2024 ($M)
4.Brazil Telephone Answering Machine Market Revenue, 2019-2024 ($M)
5.Argentina Telephone Answering Machine Market Revenue, 2019-2024 ($M)
6.Peru Telephone Answering Machine Market Revenue, 2019-2024 ($M)
7.Colombia Telephone Answering Machine Market Revenue, 2019-2024 ($M)
8.Chile Telephone Answering Machine Market Revenue, 2019-2024 ($M)
9.Rest of South America Telephone Answering Machine Market Revenue, 2019-2024 ($M)
10.UK Telephone Answering Machine Market Revenue, 2019-2024 ($M)
11.Germany Telephone Answering Machine Market Revenue, 2019-2024 ($M)
12.France Telephone Answering Machine Market Revenue, 2019-2024 ($M)
13.Italy Telephone Answering Machine Market Revenue, 2019-2024 ($M)
14.Spain Telephone Answering Machine Market Revenue, 2019-2024 ($M)
15.Rest of Europe Telephone Answering Machine Market Revenue, 2019-2024 ($M)
16.China Telephone Answering Machine Market Revenue, 2019-2024 ($M)
17.India Telephone Answering Machine Market Revenue, 2019-2024 ($M)
18.Japan Telephone Answering Machine Market Revenue, 2019-2024 ($M)
19.South Korea Telephone Answering Machine Market Revenue, 2019-2024 ($M)
20.South Africa Telephone Answering Machine Market Revenue, 2019-2024 ($M)
21.North America Telephone Answering Machine By Application
22.South America Telephone Answering Machine By Application
23.Europe Telephone Answering Machine By Application
24.APAC Telephone Answering Machine By Application
25.MENA Telephone Answering Machine By Application