Global Session Initiation Protocol (SIP) Trunking Services Market - Industry Trends and Forecast to 2029
- Published Date: 2022-12-31
- Report ID: 143943
- Pages: 225
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Format:
Short Description
Global Session Initiation Protocol (SIP) Trunking Services Market, By Type (Hosted, On Premise), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises (SMEs), Application (Voice, Video, Streaming Media, Web Conferencing, and Desktop Sharing), Vertical (Banking, Financial Services and Insurance, Healthcare and Life Sciences, Telecommunication and IT, Government and Public Sector, Manufacturing, Consumer Goods, and Retail, Media, and Entertainment, and Others), Country (U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East and Africa, Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Ecuador, and Rest of South America) Industry Trends and Forecast to 2029
Market Definition
The session initiation protocol (SIP) is an application layer protocol that allows the user to use their phone system over an internet connection instead of traditional phone lines. The backbone of phone lines used by various users that connects to a telephone network is referred to as trunking. SIP trunks connect an on-premise phone system to the public switched telephone network, often known as PSTN, via Voice over Internet Protocol (VoIP). For instance, an office may already have a PBX for phone service. SIP trunks give phone service to the entire office, allowing them to communicate with the rest of the world.
SIP trunking is mostly used to replace PRI technology. SIP trunking makes use of VoIP technologies to deliver voice and data. Other data, such as instant messages and video conferencing, is also supported by SIP. Thus, SIP trunking is used for call setup, management, and teardown. It is very flexible, reliable, and quite lightweight solution.
Market Segmentation
Global session initiation protocol (SIP) trunking services market is segmented into four notable segments which are based on the type, organization size, application, and vertical.
On the basis of type, the global session initiation protocol (SIP) trunking services market is segmented into hosted and on premise
On the basis of organization size, the global session initiation protocol (SIP) trunking services market is segmented into large enterprises, and small and medium-sized enterprises (SMEs)
On the basis of application, the global session initiation protocol (SIP) trunking services market has been segmented into voice, video, streaming media, web conferencing, and desktop sharing
On the basis of vertical, the global session initiation protocol (SIP) trunking services market has been segmented into banking, financial services and insurance, healthcare and life sciences, telecommunication and IT, government and public sector, manufacturing, consumer goods, and retail, media, and entertainment, and others
Market Players
The key market players for global session initiation protocol (SIP) trunking services market are listed below:
3CX
8X8, Inc.
BT
CenturyLink
Colt Technology Services Group Limited
Fusion Incorporated
GTT Communications, Inc.
Intelepeer Cloud Communications LLC.
Mitel Networks Corp.
NET2PHONE
Nextiva
ORANGE
Rogers Communications
TELSTRA
TWILIO Inc.
Verizon
Vonage
Voyant Communications
Intrado Corporation
IBM Corporation
TABLE OF CONTENTS
1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 OVERVIEW OF GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET 21
1.4 CURRENCY AND PRICING 23
1.5 LIMITATIONS 23
1.6 MARKETS COVERED 23
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 DBMR TRIPOD DATA VALIDATION MODEL 28
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
2.6 DBMR MARKET POSITION GRID 32
2.7 VENDOR SHARE ANALYSIS 34
2.8 THE MARKET CHALLENGE MATRIX 35
2.9 MULTIVARIATE MODELING 36
2.10 TYPE TIMELINE CURVE 37
2.11 MARKET APPLICATION COVERAGE GRID 38
2.12 SECONDARY SOURCES 39
2.13 ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 43
4.1 CASE STUDY 46
4.1.1 3CX 46
4.1.2 FUSION CONNECT, INC. 46
4.1.3 BT 46
5 MARKET OVERVIEW 47
5.1 DRIVERS 49
5.1.1 GROW IN FOCUS ON REDUCING OPERATIONAL COST AND IMPROVING ORGANIZATIONAL PERFORMANCE 49
5.1.2 INCREASE IN PENETRATION OF INTERNET SERVICES 49
5.1.3 INCREASE IN DEMAND FOR PROCUREMENT OUTSOURCING SERVICES IN THE RETAIL SECTORS 50
5.1.4 INCREASE IN THE ADOPTION OF CLOUD AND UNIFIED COMMUNICATIONS SOLUTION 50
5.2 RESTRAINTS 50
5.2.1 HIGH COST OF INSTALLATION AND MAINTENANCE 50
5.2.2 CONCERNS OVER SECURITY AND PRIVACY 51
5.3 OPPORTUNITIES 51
5.3.1 INCREASE IN VARIOUS STRATEGIC DECISIONS SUCH AS PARTNERSHIP AND ACQUISITION 51
5.3.2 INCREASE IN INVESTMENTS BY GOVERNMENT AND INVESTORS 52
5.3.3 GROW IN MARKET POTENTIAL FOR SMALL & MEDIUM BUSINESSES 52
5.4 CHALLENGES 53
5.4.1 LACK OF SKILLED WORKFORCE AND TECHNOLOGICAL EXPERTISE 53
5.4.2 REQUIREMENT OF HIGH BANDWIDTH 53
6 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET, BY TYPE 54
6.1 OVERVIEW 55
6.2 ON PREMISE 56
6.3 HOSTED 57
7 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET, BY ORGANIZATION SIZE 58
7.1 OVERVIEW 59
7.2 LARGE ENTERPRISES 60
7.3 SMALL & MID-SIZED ENTERPRISES (SMES) 61
8 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET, BY APPLICATION 62
8.1 OVERVIEW 63
8.2 VOICE 64
8.3 VIDEO 64
8.4 WEB CONFERENCING 65
8.5 STREAMING MEDIA 66
8.6 DESKTOP SHARING 67
9 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET, BY VERTICAL 68
9.1 OVERVIEW 69
9.2 BANKING FINANCIAL SERVICES AND INSURANCE 70
9.3 TELECOMMUNICATIONS AND IT 71
9.4 CONSUMER GOODS AND RETAIL 71
9.5 MEDIA AND ENTERTAINMENT 72
9.6 HEALTHCARE AND LIFE SCIENCES 73
9.7 GOVERNMENT AND PUBLIC SECTOR 73
9.8 MANUFACTURING 74
9.9 OTHERS 75
10 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET, BY REGION 76
10.1 OVERVIEW 77
10.2 NORTH AMERICA 83
10.2.1 U.S. 88
10.2.2 CANADA 90
10.2.3 MEXICO 92
10.3 EUROPE 94
10.3.1 GERMANY 99
10.3.2 U.K. 101
10.3.3 FRANCE 103
10.3.4 ITALY 105
10.3.5 SPAIN 107
10.3.6 RUSSIA 109
10.3.7 NETHERLANDS 111
10.3.8 SWITZERLAND 113
10.3.9 BELGIUM 115
10.3.10 TURKEY 117
10.3.11 REST OF EUROPE 119
10.4 ASIA-PACIFIC 120
10.4.1 CHINA 126
10.4.2 JAPAN 128
10.4.3 INDIA 130
10.4.4 SOUTH KOREA 132
10.4.5 AUSTRALIA 134
10.4.6 SINGAPORE 136
10.4.7 INDONESIA 138
10.4.8 MALAYSIA 140
10.4.9 THAILAND 142
10.4.10 PHILIPPINES 144
10.4.11 REST OF ASIA-PACIFIC 146
10.5 MIDDLE EAST & AFRICA 147
10.5.1 SOUTH AFRICA 153
10.5.2 SAUDI ARABIA 155
10.5.3 U.A.E. 157
10.5.4 ISRAEL 159
10.5.5 EGYPT 161
10.5.6 REST OF MIDDLE EAST AND AFRICA 163
10.6 SOUTH AMERICA 164
10.6.1 BRAZIL 170
10.6.2 ARGENTINA 172
10.6.3 REST OF SOUTH AMERICA 174
11 GLOBAL SESSION INITIATION PROTOCOL (SIP) TRUNKING SERVICES MARKET: COMPANY LANDSCAPE 175
11.1 COMPANY SHARE ANALYSIS: GLOBAL 175
11.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 176
11.3 COMPANY SHARE ANALYSIS: EUROPE 177
11.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 178
12 SWOT ANALYSIS 179
13 COMPANY PROFILE 180
13.1 CENTURYLINK 180
13.1.1 COMPANY SNAPSHOT 180
13.1.2 REVENUE ANALYSIS 181
13.1.3 COMPANY SHARE ANALYSSI 181
13.1.4 PRODUCT PORTFOLIO 182
13.1.5 RECENT DEVELOPMENT 183
13.2 BT 184
13.2.1 COMPANY SNAPSHOT 184
13.2.2 REVENUE ANALYSIS 184
13.2.3 COMPANY SHARE ANALYSSI 185
13.2.4 PRODUCT PORTFOLIO 185
13.2.5 RECENT DEVELOPMENTS 185
13.3 8X8, INC. 186
13.3.1 COMPANY SNAPSHOT 186
13.3.2 REVENUE ANALYSIS 186
13.3.3 COMPANY SHARE ANALYSSI 187
13.3.4 PRODUCT PORTFOLIO 187
13.3.5 RECENT DEVELOPMENTS 187
13.4 ORANGE 188
13.4.1 COMPANY SNAPSHOT 188
13.4.2 REVENUE ANALYSIS 188
13.4.3 COMPANY SHARE ANALYSSI 189
13.4.4 PRODUCT PORTFOLIO 189
13.4.5 RECENT DEVELOPMENT 189
13.5 VERIZON 190
13.5.1 COMPANY SNAPSHOT 190
13.5.2 REVENUE ANALYSIS 190
13.5.3 COMPANY SHARE ANALYSSI 191
13.5.4 PRODUCT PORTFOLIO 191
13.5.5 RECENT DEVELOPMENTS 191
13.6 3CX 193
13.6.1 COMPANY SNAPSHOT 193
13.6.2 PRODUCT PORTFOLIO 193
13.6.3 RECENT DEVELOPMENT 193
13.7 COLT TECHNOLOGY SERVICES GROUP LIMITED 194
13.7.1 COMPANY SNAPSHOT 194
13.7.2 PRODUCT PORTFOLIO 194
13.7.3 RECENT DEVELOPMENTS 194
13.8 FUSION CONNECT, INC. 195
13.8.1 COMPANY SNAPSHOT 195
13.8.2 PRODUCT PORTFOLIO 195
13.8.3 RECENT DEVELOPMENT 195
13.9 GTT COMMUNICATIONS, INC. 196
13.9.1 COMPANY SNAPSHOT 196
13.9.2 TECHNOLOGY PORTFOLIO 196
13.9.3 RECENT DEVELOPMENTS 196
13.10 IBM CORPORATION 198
13.10.1 COMPANY SNAPSHOT 198
13.10.2 REVENUE ANALYSIS 198
13.10.3 TECHNOLOGY PORTFOLIO 199
13.10.4 RECENT DEVELOPMENTS 199
13.11 INTELEPEER CLOUD COMMUNICATIONS LLC. 201
13.11.1 COMPANY SNAPSHOT 201
13.11.2 PRODUCT PORTFOLIO 201
13.11.3 RECENT DEVELOPMENT 201
13.12 INTRADO 202
13.12.1 COMPANY SNAPSHOT 202
13.12.2 PRODUCT PORTFOLIO 202
13.12.3 RECENT DEVELOPMENT 202
13.13 MITEL NETWORKS CORP 203
13.13.1 COMPANY SNAPSHOT 203
13.13.2 PRODUCT PORTFOLIO 203
13.13.3 RECENT DEVELOPMENT 203
13.14 NET2PHONE 204
13.14.1 COMPANY SNAPSHOT 204
13.14.2 PRODUCT PORTFOLIO 204
13.14.3 RECENT DEVELOPMENTS 204
13.15 NEXTIVA 205
13.15.1 COMPANY SNAPSHOT 205
13.15.2 PRODUCT PORTFOLIO 205
13.15.3 RECENT DEVELOPMENTS 206
13.16 ROGERS COMMUNICATIONS INC. 207
13.16.1 COMPANY SNAPSHOT 207
13.16.2 REVENUE ANALYSIS 207
13.16.3 PRODUCT PORTFOLIO 208
13.16.4 RECENT DEVELOPMENT 208
13.17 TELSTRA 209
13.17.1 COMPANY SNAPSHOT 209
13.17.2 REVENUE ANALYSIS 209
13.17.3 PRODUCT PORTFOLIO 210
13.17.4 RECENT DEVELOPMENT 210
13.18 TWILIO INC. 211
13.18.1 COMPANY SNAPSHOT 211
13.18.2 REVENUE ANALYSIS 211
13.18.3 PRODUCT PORTFOLIO 212
13.18.4 RECENT DEVELOPMENTS 212
13.19 VONAGE 213
13.19.1 COMPANY SNAPSHOT 213
13.19.2 REVENUE ANALYSIS 213
13.19.3 PRODUCT PORTFOLIO 214
13.19.4 RECENT DEVELOPMENT 214
13.20 VOYANT COMMUNICATIONS 215
13.20.1 COMPANY SNAPSHOT 215
13.20.2 PRODUCT PORTFOLIO 215
13.20.3 RECENT DEVELOPMENT 215
14 QUESTIONNAIRE 216
15 RELATED REPORTS 219
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