Europe Session Initiation Protocol (SIP) Trunking Services Market - Industry Trends and Forecast to 2029
Europe session initiation protocol (SIP) trunking services market is projected to register a CAGR of 11.4% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation:
Europe 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.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe) Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the session initiation protocol (SIP) trunking services market are:
. Increasing penetration of AI in various industries
. Adoption of augmented reality mainly in educational sector across the Europe region
Market Players:
The key market players for session initiation protocol (SIP) trunking services market are listed below:
. 3CX
. 8X8, Inc.
. BT
. Mitel Networks Corp.
. NET2PHONE
. Nextiva
. ORANGE
. Rogers Communications
. TELSTRA
. TWILIO Inc.
. Verizon
. Vonage
. Voyant Communications
. Intrado Corporation
. IBM Corporation
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