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.
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.
The small- and medium-sized enterprises (SMEs) segment accounted for the majority market share during 2017 and will continue to dominate the market during the forecasted period. One of the major factors responsible for the increasing adoption of SIP trunking is to increase business productivity. Also, with the growing adoption of unified communication (UC) systems and voice over internet protocol (VoIP), the SIP trunking is witnessing a uniform growth with SMEs.
In 2017, the global Session Initiation Protocol Trunking market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Market segment by Type, the product can be split into
On-Premise SIP Trunking
Hosted SIP Trunking
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Session Initiation Protocol Trunking status, future forecast, growth opportunity, key market and key players.
To present the Session Initiation Protocol Trunking development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Session Initiation Protocol Trunking are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.