Press release
SIP Trunking Services Market 2019 In depth Studies with Top Vendors like 8x8, Inc., KPN International N.V., 3CX, Allstream Inc., ShoreTel Inc., Level 3 Communications, LLC
The Global SIP Trunking Services Market is expected to reach USD 28.8 billion by 2025 from USD 7.4 billion in 2017 and is projected to grow at a CAGR of 18.5% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. 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.This global Sip Trunking Services market research report encompasses drivers and restraints for the market which are derived from the well-established SWOT analysis. The market report is a synopsis of the market facts, stats and figures for the forecast period of 2019 - 2026. Market definition, market segmentation, key developments in the market, competitive analysis and research methodology are the major topics in which this Sip Trunking Services business document is divided. This industry report covers all the market shares and approaches of the major competitors or the key players in the market. Sip Trunking Services report also identifies significant trends and factors driving or inhibiting the market growth.
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Competitive Analysis of the Market
The global SIP trunking services 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 Market Competitors:
Some of the key players profiled in the study are Flowroute Inc., 3CX Ltd., Nextiva, Inc., XO Communications, LLC, Twilio, Inc., 8x8, 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., and many more.
Key Segmentation: Global SIP Trunking Services Market
By Type (On-premise, Hosted),
Applications (Telecom, IT, Health Care, Retail, Media, Entertainment, Government, Education, Others),
Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Some extract from Table of Contents
1. Introduction
2. Research Methodology
3. Market Overview
4. Ingredients Overview
5. Product Overview
6. Application Overview
7. Regional Overview
8. Company Profile
Download table of Contents with Figures & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-sip-trunking-services-market&DP
Key questions answered in the Global Sip Trunking Services Market report include:
• What will be Sip Trunking Services market share and the forecast for 2019-2026?
• What are the key factors compelling the worldwide Sip Trunking Services market?
• Who are the key players in the world Sip Trunking Services industry?
• What are the factors impacting the revenue and production growth of the Sip Trunking Services market?
• What are the opportunities & challenges in the Sip Trunking Services industry?
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