The Audio Video over IP (AVoIP) market is experiencing rapid technological advancements, driven by the global shift towards remote and hybrid working models. However, this demand is tempered by economic factors such as inflation, increased interest rates, and political turbulence, prompting businesses to reassess their technology investments.
The COVID-19 pandemic initially caused significant disruptions in the global supply chain, impacting the availability of AVoIP components. However, the market has since recovered, leading to an overproduction phase in 2024. This overproduction has resulted in high inventory levels and reduced sales, prompting vendors to temporarily slow down their research and development (R&D) activities. Despite these challenges, the AVoIP market is poised to grow, driven by the increasing need for high-quality audio-visual communication solutions in remote and hybrid work environments.