Global Session Initiation Protocol (SIP) Trunking Services Market - Industry Trends and Forecast to 2029

Global Session Initiation Protocol (SIP) Trunking Services Market - Industry Trends and Forecast to 2029

Global session initiation protocol (SIP) trunking services market is projected to register a CAGR of 12.5% 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:
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
Some of the major factors contributing to the growth of the session initiation protocol (SIP) trunking services market are:
. Rise in penetration of smart devices
. Adoption of augmented reality across various industries
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

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