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Session Initiation Protocol (SIP) Trunking Services Market 2022-31 : Industry Analysis, Size, Share, Growth And Forecast | AT&T Inc., Verizon Communications Inc., Lumen Technologies, Inc., Twilio Inc., GTT Communications, Inc.
Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!According to The Business Research Company's Session Initiation Protocol (SIP) Trunking Services market report, the session initiation protocol (SIP) trunking services market size reached a value of nearly $11,618.9 million in 2021, having increased at a compound annual growth rate (CAGR) of 9.3% since 2016. The global session initiation protocol (SIP) trunking services market size is expected to grow from $11,618.9 million in 2021 to $19,463.4 million in 2026 at a rate of 10.9%. The global session initiation protocol (SIP) trunking services market size is then expected to grow at a CAGR of 11.0% from 2026 and reach $32,804.7 million in 2031.
SIP trunking allows users to achieve instant ROI and it is expected to drive the SIP trunking market. In the digital transformation market, businesses of all shapes and sizes find themselves jumping into technologies that don't have clearly defined return on investment (ROI) paths. A common example is cloud storage where businesses just assume computing power is cheaper, without giving full attention to security implications, changing product matrices, and disaster recovery.
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The Session Initiation Protocol (SIP) Trunking Services market is segmented -
• By Type : Hosted, On-Premise
• By Organization Size : Small Businesses, Mid-Sized Businesses, Large Enterprises
• By End-User : R BFSI, Healthcare And Life Sciences, Telecommunications And IT, Government And Public Sector, Manufacturing, Consumer Goods And Retail, Media And Entertainment, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Session Initiation Protocol (SIP) Trunking Services market.
Major competitors in the Session Initiation Protocol (SIP) Trunking Services market include AT&T Inc., Verizon Communications Inc., Lumen Technologies, Inc., Twilio Inc., GTT Communications, Inc.
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The session initiation protocol (SIP) trunking services market consists of sales of session initiation protocol (SIP) trunking services by entities (organizations, sole traders and partnerships) that is offered by a communications service provider that uses the SIP protocol to provide voice over IP (VoIP) connectivity between the on-premises phone system and the public switched telephone network (PSTN). The SIP trunking service is used for call establishment, session management, 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).
The Table Of Content For The Session Initiation Protocol (SIP) Trunking Services Market Include:
1. Session Initiation Protocol (SIP) Trunking Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
21. Key Mergers And Acquisitions In The Session Initiation Protocol (SIP) Trunking Services Market
22. Session Initiation Protocol (SIP) Trunking Services Market Opportunities And Strategies
23. Session Initiation Protocol (SIP) Trunking Services Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Session Initiation Protocol (SIP) Trunking Services Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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