Session Initiation Protocol Trunking Market, Global Outlook and Forecast 2024-2031
Session Initiation Protocol (SIP) trunking is an Internet-based service that permits Voice over Internet Protocol (VoIP) users to stay connected in local and long-distance calls to and from endpoints in the traditional phone network.
This report aims to provide a comprehensive presentation of the global market for Session Initiation Protocol Trunking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Session Initiation Protocol Trunking. This report contains market size and forecasts of Session Initiation Protocol Trunking in global, including the following market information:
Global Session Initiation Protocol Trunking Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Session Initiation Protocol Trunking market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The on-premise SIP trunking services segment accounted for the majority market share and will continue to dominate the market for the next few years. One of the major factors responsible for the market segment?s growth is the ability of on-premise private branch exchange (PBX) session initiation protocol trunk to get lower cost calls.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Session Initiation Protocol Trunking companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Session Initiation Protocol Trunking Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Session Initiation Protocol Trunking Market Segment Percentages, by Type, 2023 (%)
On-Premise SIP Trunking
Hosted SIP Trunking
Global Session Initiation Protocol Trunking Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Session Initiation Protocol Trunking Market Segment Percentages, by Application, 2023 (%)
SMEs
Large Enterprises
Global Session Initiation Protocol Trunking Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Session Initiation Protocol Trunking Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Session Initiation Protocol Trunking revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Session Initiation Protocol Trunking revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T
Verizon
Star2Star
8x8
Level 3
NTT Communications
XO Communications
2600Hz
CenturyLink
KPN International
Comcast
Cox Communication
Digium
FairPoint Communications
Flowroute
IntelePeer
Nextiva
Sangoma
Outline of Major Chapters:
Chapter 1: Introduces the definition of Session Initiation Protocol Trunking, market overview.
Chapter 2: Global Session Initiation Protocol Trunking market size in revenue.
Chapter 3: Detailed analysis of Session Initiation Protocol Trunking company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Session Initiation Protocol Trunking in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
