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Session Initiation Protocol Trunking Services Market (SIP)

Session Initiation Protocol (SIP) Trunking Services Market is expected to reach US $12.65Bn by 2026 at a CAGR of 10.5% during the forecast period. Session Initiation Protocol (SIP) trunking is a service offered by a communications service provider that uses the protocol to provide voice over IP (VoIP) connectivity between the public switched telephone network (PSTN) and on-premises phone system.

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Session Initiation Protocol Trunking Services Market (SIP)

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  1. Session Initiation Protocol Trunking Services Market (SIP) – Global Industry Analysis and Forecast (2018-2026) Session Initiation Protocol (SIP) Trunking Services Market is expected to reach US $12.65Bn by 2026 at a CAGR of 10.5% during the forecast period. Session Initiation Protocol (SIP) trunking is a service offered by a communications service provider that uses the protocol to provide voice over IP (VoIP) connectivity between the public switched telephone network (PSTN) and on-premises phone system. Some of the major driving factors such as total cost of ownership (TCO), and low Capital Expenditure (CAPEX) and an increasing adoption of cloud and Unified Communications (UC) are expected to fuel the session initiation protocol (SIP) trunking services market during the forecast period. Difficulties in implementing SIP trunks and Growing concerns over Quality of Service (QoS) are some of the restraining factors that would hinder the growth of the session initiation protocol (SIP) trunking services market in future. Session Initiation Protocol trunking market is segmented by organization size, end-user, region. Among organization size, the Small and medium-sized businesses segment is expected to grow at the highest rate during the forecast period, as SIP trunking services are available with varied pricing models and at a lower cost. The need to enhance collaboration among mobile and remote workers is driving factor for the adoption of SIP trunking services among small businesses, while large enterprise segment is expected to have large session initiation protocol (SIP) trunking services market share during the forecast period, as SIP trunking service providers offer centralized phone, reliable services to enterprises, without the hassle of maintenance costs and onsite setup. While using verticals, Healthcare vertical segment is expected to reach at the highest CAGR during the forecast period, owing to collaboration and communication among staff members. Due to this, the adoption of session initiation protocol trunking services in hospitals is expected to increase in the future.

  2. Based on regions, session initiation protocol trunking services market is classified into North America, Asia Pacific, Latin America and the Asia Pacific and North America. Among these, North America is expected to hold a larger session initiation protocol (SIP) trunking services market share during the forecast period. North America is advanced in terms of technology adoption and infrastructure. US and Canada allow developed economies to invest in research and development activities for the development of new technologies. Key Players Profiled and Analysed in the Report Orange, Rogers Communications, Sprint, Tata Communications, Telstra, Twilio, Verizon, Vodafone, Vonage etc. Scope of the Session Initiation Protocol (SIP) Trunking Services Market Session Initiation Protocol (SIP) Trunking Services Market, by Organization Size • Small and Medium sized Businesses • Large Enterprises Enterprises Session Initiation Protocol (SIP) Trunking Services Market, by End-user • Verticals • Banking, Financial Services, and Insurance (BFSI) • High-Tech • Government • Healthcare • Education • Retail • Transportation and Logistics • Manufacturing • Travel and Hospitality • Others (Media and Entertainment and Legal) • Wholesale Session Initiation Protocol (SIP) Trunking Services Market, by Region • North America • Europe • Asia Pacific (APAC) • Middle East and Africa (MEA)

  3. • Latin America Key Players of Session Initiation Protocol (SIP) Trunking Services Market AT&T 8x8 Bandwidth BT Group CenturyLink Colt Fusion GTT Communications IntelePeer Mitel Net2Phone Nextiva Orange Rogers Communications Sprint Tata Communications Telstra Twilio Verizon Vodafone Vonage Voyant Communications West Corporation Windstream This Report Is Submitted By This @Maximize Market Research Company About Maximize Market Research:

  4. Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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