Press release
Global SIP Trunking Services Market 2018 Top Dominating Companies are Flowroute Inc., 3CX , Nextiva, XO Communications, Twilio Inc., 8x8, KPN, 3CX, Allstream, ShoreTel, Level 3 Communications, NTT Communications, Digium, One Source Networks, Sangoma
Global SIP Trunking Services Market– Industry Trends and Forecast to 2025
Global SIP Trunking Services Market which explains what market definition, classifications, applications, engagements and market trends are. The report also contains the drivers and restrains for the Global SIP Trunking Services Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
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Market Definition:
Session Initiation Protocol (SIP) trunk helps in the reduction of commonly used analog, T1-based Public Switched Telephone Network (PSTN) and allows the company to get a public or private internet connection by the SIP provider. All these types of session initiation protocol providers are also known as internet telephony service providers. Session initiation protocols are widely used for internet telephony, instant messaging, over Internet Protocol (IP) networks and others. According to statista, in 2017, the telecommunication market was valued at around USD 1.4 trillion and estimated to grow to around USD 1.46 trillion by 2020. As per the ACS Chemical Neuroscience, in 2016, in U.S., the global pharmaceutical industry was stated to be USD 446 billion alone. For instance, in 2016, 3CX (Unified communication solution provider) had come into partnership with Partner-Netwerk, a VoIP provider. This partnership would have helped both the companies to offer various services like internet connectivity, IPTV and SIP trunking to their customers. Thus, the above factors prove that the telecommunication and healthcare sectors are growing and will derive the demand of SIP trunking services.
Table of Contents:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product/Service Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Competitive Analysis:
The global SIP trunking services breaker market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares for global, Europe, North America, Asia Pacific and South America.
In 2015, GTT acquires one source network a global data, Internet, Session Initiation Protocol (SIP) trunking and managed services. This acquisition will help the company to solidify its presence in SIP trunking market.
Key Players:
The renowned players in SIP trunking services market are :-
Flowroute Inc.,
3CX Ltd.,
Nextiva, Inc.,
XO Communications, LLC,
Twilio, Inc.,
8×8, Inc.,
KPN International N.V.,
3CX,
Allstream Inc.,
ShoreTel Inc.,
Level 3 Communications, LLC,
NTT Communications Corp.,
Digium, Inc.,
One Source Network,
Sangoma Technologies Corp.,
many more.
Market Drivers and Restraints:
Migration reduces the use of fixed PSTN lines
Cost-effective for multiple lines and hardware requirements for multiple PRI ports
Increasing reliability of services by adding VoIP services
Rising security crackdown is a challenge
Market Segmentation:
The market is based on type, application, and geographical segments.
Based on type, the market is segmented into on-premise and hosted.
Based on application, the market is segmented into telecom and IT, health care, retail, media and entertainment, government, education, others.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major countries covered in this report are:-
US.,
Canada,
Germany,
France,
UK.,
Netherlands,
Switzerland,
Turkey,
Russia,
China,
India,
South Korea,
Japan,
Australia,
Singapore,
Saudi Arabia,
South Africa,
Brazil
among others.
Key Highlights of Report
Overview of key market forces propelling and restraining market growth
Offers a clear understanding of the competitive landscape and key product segments
An analysis of strategies of major competitors
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Provides profiles of major competitors of the market.
Details of their operations, product and services.
Recent developments and key financial metrics.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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