Report overview
Session Initiation Protocol (SIP) trunking is a service offered by a communications service provider that uses the protocol to provision voice over IP (VoIP) connectivity between an on-premises phone system and the public switched telephone network (PSTN). SIP is used for call establishment, management and teardown. SIP trunking is typically sold as a replacement for digital Primary Rate Interfaces (PRIs), which are based on time-division multiplexing (TDM).
This report aims to provide a comprehensive presentation of the global market for Session Initiation Protocol (SIP) Trunking Services, 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 (SIP) Trunking Services. This report contains market size and forecasts of Session Initiation Protocol (SIP) Trunking Services in global, including the following market information:
Global Session Initiation Protocol (SIP) Trunking Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Session Initiation Protocol (SIP) Trunking Services market was valued at US$ million in 2022 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 U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Small Businesses Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Session Initiation Protocol (SIP) Trunking Services include AT&T, BT Group, Centurylink, Fusion, Verizon, 8x8, Windstream, Bandwidth and Colt Technology Services, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Session Initiation Protocol (SIP) Trunking Services 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 (SIP) Trunking Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Session Initiation Protocol (SIP) Trunking Services Market Segment Percentages, by Type, 2022 (%)
Small Businesses
Mid-sized Businesses
Large Enterprises
Global Session Initiation Protocol (SIP) Trunking Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Session Initiation Protocol (SIP) Trunking Services Market Segment Percentages, by Application, 2022 (%)
Banking, Financial Services, and Insurance(BFSI)
High-Tech
Government
Healthcare
Education
Retail
Transportation and Logistics
Manufacturing
Travel and Hospitality
Global Session Initiation Protocol (SIP) Trunking Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Session Initiation Protocol (SIP) Trunking Services Market Segment Percentages, By Region and Country, 2022 (%)
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 (SIP) Trunking Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Session Initiation Protocol (SIP) Trunking Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T
BT Group
Centurylink
Fusion
Verizon
8x8
Windstream
Bandwidth
Colt Technology Services
GTT Communications
Intelepeer
Mitel Networks
Renesas Electronics Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Session Initiation Protocol (SIP) Trunking Services, market overview.
Chapter 2: Global Session Initiation Protocol (SIP) Trunking Services market size in revenue.
Chapter 3: Detailed analysis of Session Initiation Protocol (SIP) Trunking Services 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 (SIP) Trunking Services 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.
