Press release
SIP Trunking Services Market Growth Prospects 2023 and Projected to Reach US$ 12.70 Billion
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global SIP trunking services market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Global SIP Trunking Services Market size is expected to grow from US$ 7.63 Billion in 2018 to US$ 12.70 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. Major growth drivers for the market include reduction in the total cost of ownershipby leveraging the pay-as-you-go model, increasing adoption of cloud and UC, and easy integration with Private Branch Exchange(PBX) systems.
Top Key Players in the “SIP Trunking Services Market” include are
• AT&T (US)
• 8x8 (US)
• Bandwidth (US)
• BT Group (UK)
• CenturyLink (US)
• Colt (UK)
• Fusion (US)
• GTT Communications (US)
• IntelePeer (US)
• Mitel (Canada)
• Net2Phone (US)
• Nextiva (US)
• Orange (France)
• Rogers Communications (Canada)
• Sprint (US)
• Tata Communications (India)
• Telstra (Australia)
• Twilio (US)
• Verizon (US)
• Vodafone (UK)
• Vonage (US)
• Voyant Communications (US)
• West Corporation (US)
• Windstream (US)
Browse 43 Tables and 49 Figures, 25 Companies, spread across 143 pages available at https://www.reportsnreports.com/purchase.aspx?name=1646272 .
The APAC region is expected to provide significant growth opportunities for vendors of SIP Trunking services during the forecast period, the region demonstrates a combination of high growth, developing economies, and mass adoption of mobile and internet. Rapid advancements in network infrastructure, cloud computing, telecom, and IoT have encouraged many enterprises to adopt SIP
Trunking services.
Study Objectives:
The objective of the report is to define, describe, and forecast the SIP Trunking services market size by organization size, end users (wholesale and verticals) and regions. Among organization sizes, the enterprises segment is expected to hold a larger market size. SIP Trunking service providers offer reliable, centralized phone services to enterprises, without the hassle of onsite setup and maintenance costs. Enterprises across emerging countries are investing substantial capital in their core network infrastructure to cope with the growing business communication needs.
A discount can be asked before order a copy of SIP Trunking Services market report at https://www.reportsnreports.com/contacts/discount.aspx?name=1646272 .
Target Audience:
• Cloud service providers
• SIP Trunking service solution vendors
• Telecom operators
• System integrators
• Third-party vendors
• Mobile Network Operators (MNOs)
• Mobile Virtual Network Operators (MVNOs)
• Communication Service Providers (CSPs)
• Financial analysts and investors
• Government telecom regulatory authorities
• Voice over Internet Protocol (VoIP) service providers
• Managed Service Providers (MSPs)
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