Fixed Voice - Hong Kong
Hong Kong- Revenue in the Fixed Voice market is projected to reach US$179.5m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -4.03%, resulting in a market volume of US$152.3m by 2028.
- In global comparison, most revenue will be generated United States (US$52bn in 2024).
Definition:
The Fixed Voice market includes traditional landline telephone services for individuals and businesses. These services are delivered through physical phone lines or wired connections, allowing users to make voice calls within a specific geographic area. While mobile phones have become increasingly popular, fixed voice services are still used for reliable and stable communication, particularly in homes and offices where consistent voice connections are essential. It's a foundational part of the communication infrastructure, often bundled with other services like internet access and television.
Additional information:
The Fixed Voice market comprises revenues, revenue change, average spend per capita, as well as a list of the key players in the market and their consolidated revenues. Market values represent revenues paid by end consumers and enterprises for carrier services directly to telecommunications providers, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C) and business spending (B2B). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include AT&T, China Telecom, Deutsche Telekom, and Vodafone Group.
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In-Scope
- Traditional analog telephone networks, such as traditional landline phone services from AT&T and Verizon
- Voice services using Voice-over-IP (VoIP), such as Microsoft Teams and Zoom Phone
Out-Of-Scope
- Voice hardware products, such as telephones and smartphones
- Fixed data services, such as AT&T DSL
- Mobile voice services, such as VoLTE
