Press release
Enterprise Session Border Controller Market Growth and Future Revenue Outlook: Adtran, Audiocodes Ltd., Avaya, Cisco Systems, Inc., Edgewater Networks Inc., Genband, Ingate Systems AB, Oracle Corporation, Patton Electronics and Sonus Networks
Enterprise Session Border Controller
Large Enterprises segment is projected to exhibit the highest CAGR over the forecast period. Large scale enterprises have adopted session border controller for network security and for maintaining the quality of network service. Moreover, advantages such as efficient bandwidth utilization and routing session has helped large scale companies to reduce its IT expenses.
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North America held the dominant position in the market and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the growth engines in this region. Due to presence of companies such as Verizon, AT&T providing Voice over internet protocol services have led to increasing demand for session border controller market in this region. Moreover, the region is characterized by large presence of early adopters of novel technologies and robust IT infrastructure.
Asia Pacific market is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries in this region. This is owing to growth of mobile VoIP market in this region thus, accelerating growth of the session border controller market. According to Coherent Market Insights, Asia Pacific mobile VoIP market is expected to be valued at US$ 60 billion by 2024.
Adtran, Inc., Audiocodes Ltd., Avaya Inc., Cisco Systems, Inc., Edgewater Networks Inc., Genband, Inc., Ingate Systems AB, Oracle Corporation, Patton Electronics Co., and Sonus Networks, Inc. are some of the major companies in the global enterprise session border controller market.
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