The Global Enterprise Session Border Controller Market Growth Accelerated By Rising Cloud Based Voice Call Supporting Applications

 
Enterprise Session Border Controller Market


Enterprise session border controllers serve as a bridge between IP telephony networks and unified communications systems to provide interoperability and security. They enable businesses to use cloud based voice call supporting applications like Microsoft Teams, Cisco Webex etc. for effective communication in distributed workplaces.

The global Enterprise Session Border Controller Market is estimated to be valued at US$ 628.06 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:


The surge in cloud based voice call supporting applications is a major factor driving the growth of enterprise session border controller market. As businesses increasingly adopt unified communication platforms in the cloud for benefits like flexibility, scalability and mobility, there is a rising need for session border controllers to securely interconnect these cloud systems with on premise telephony networks. Their ability to support seamless integration of dispersed team collaboration using solutions like Microsoft Teams while providing data privacy and compliance makes them a critical component of digital transformation strategies for many companies. This growing reliance on hybrid work models is projected to boost the demand for enterprise session border controllers during the forecast period.


Segment Analysis


The global enterprise session border controller market is dominated by communication service providers segment. Communication service providers mainly use session border controllers for voice over IP (VoIP) trunking needs. They use SBCs at their call switching facilities to securely interconnect their voice networks with other carriers or service providers. Communication service providers need SBCs for VoIP interconnection as they enable traversal of media streams across different IP networks with varying configurations in a controlled and secure manner. Other segments where session border controllers are used include cloud service providers and on-premise enterprises. However, the communication service providers segment is projected to remain the largest adopter throughout the forecast period.

Key Takeaways


The Global Enterprise Session Border Controller Market Demand is expected to witness high growth over the forecast period of 2024 to 2031. The global Enterprise Session Border Controller Market is estimated to be valued at US$ 628.06 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031.

Regional analysis shows that North America dominates the market currently owing to high VoIP adoption across enterprises and communication service providers in the region. The region is also expected to continue its dominance over the forecast period supported by massive investments in next generation communication technologies by major cloud service providers and telecom operators in the US and Canada.

Key players operating in the enterprise session border controller market are Proctor & Gamble Chemicals, Dial Corporation, Croda, Dow Chemicals, Godrej Industries Ltd., Emery Oleochemicals, IOI Group, Kuala Lumpur Kepong Berhad, Wilmar International, and Sofiprotéol Group. Regional analysis shows Asia Pacific is projected to witness the fastest growth over the forecast period driven by rising investments in VoIP infrastructure by telecom operators across developing countries such as India and China. Enterprise session border controllers help secure VoIP traffic across managed or unmanaged networks and ensure high availability and Quality of Service. As VoIP adoption continues to increase globally, the demand for enterprise session border controllers is also expected to rise at a strong pace through 2031.


Explore more information on this topic, Please visit-  

https://www.marketwebjournal.com/enterprise-session-border-controller-market-trends-size-and-share-analysis/ 

Explore more trending article related this topic:

https://techaxen.com/mesenchymal-stem-cells-the-future-of-regenerative-medicine/

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