Press release
Session Initiation Protocol (SIP) Trunking Services Market Growth, Trends With Potential Business Growth By 2026
Session Initiation Protocol (SIP) Trunking Services Market
https://www.thebusinessresearchcompany.com/global-market-reports
Session Initiation Protocol (SIP) Trunking Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The session initiation protocol (SIP) trunking services market research report helps gain a truly global perspective of the session initiation protocol (SIP) trunking services industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
The regions covered in the session initiation protocol (SIP) trunking services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest session initiation protocol (SIP) trunking services market share.
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The SIP trunking service market consists of sales of session initiation protocol (SIP) trunk and related services by entities (organizations, sole traders, and partnerships) that is offered by a communications service provider that uses the ability to give voice over IP (VoIP) connectivity between the on-premises phone system and public switched telephone network (PSTN). The SIP trunking service is used for call establishment, administration and teardown. SIP trunks are sold as a replacement for the digital primary rate interface (PRI), which is based on time-division multiplexing (TDM).
Key competitors in the session initiation protocol (SIP) trunking services market 8x8 Inc., Verizon Communications, 3CX, AT&T Inc, Bandwidth, BT Group plc, CenturyLink, Colt Inc., Flowroute, Fusion Connect, Inc., GTT Communications Inc., IntelePeer Inc., Level 3 Communications, Mitel Networks Corporation, Net2Phone, Nextiva Inc., NTT Communications Corporation, Rogers Communications, Tata Communications Ltd., Telstra Inc., Twilio Inc., Vodafone Group PLC, Vonage Holdings Corporation, Voyant Communications LLC., West Corporation, Allstream Inc., Plivo Inc, Ringcentral Inc., Sangoma Technologies Corporation, ShoreTel Inc. and Sprint Corporations.
The global session initiation protocol (SIP) trunking services market size is expected to grow from $13.03 billion in 2021 to $14.75 billion in 2022 at a compound annual growth rate (CAGR) of 13.2%. The change in the SIP trunking service market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The SIP trunking service market is expected to reach $23.58 billion in 2026 at a CAGR of 12.4%.
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TBRC’s report segments the global session initiation protocol (SIP) trunking services market:
1) By Type: Hosted, On Premise
2) By Organization Size: Small Businesses, Mid-Sized Businesses, Large Enterprises
3) By End User: BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, Others
Read Further On The Session Initiation Protocol (SIP) Trunking Services Market Here:
https://www.thebusinessresearchcompany.com/report/session-initiation-protocol-trunking-services-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Session Initiation Protocol (SIP) Trunking Services Market Characteristics
3. Session Initiation Protocol (SIP) Trunking Services Market Trends And Strategies
4. Impact Of COVID-19 On SIP trunking services
5. Session Initiation Protocol (SIP) Trunking Services Market Size And Growth
.....
27. Session Initiation Protocol (SIP) Trunking Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Session Initiation Protocol (SIP) Trunking Services Market
29. Session Initiation Protocol (SIP) Trunking Services Market Future Outlook and Potential Analysis
30. Appendix
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