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SIP Trunking Services Market

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SIP Trunking Services Market

SIP Trunking Services Market (Enterprise Size: Small & Medium Enterprises and Large Enterprises; and End User: BFSI, IT & Telecom, Government, Healthcare, Education, Retail & eCommerce, Travel and Hospitality, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Video Conferencing Quality Improves with Growing Online Traffic amid COVID-19 Outbreak

The COVID-19 pandemic has pushed companies to work remotely. This has created revenue opportunities for stakeholders in the SIP trunking services market. As employers change their remote work policies to rely on video conferencing and VoIP (Voice Over Internet Protocol)-enabled calling, SIP (Sessions Initiation Protocol) trunking partners are increasing efforts to provide the best call quality.

Call quality has become a big factor for remote workers during the pandemic who can successfully work with their peers and clients throughout the world. Such trends are translating into value-grab opportunities for companies in the SIP trunking services market. There is growing awareness about quality SIP trunking providers that offer customers inbound and outbound landline or mobile calling options.

sip trunking services market infographic

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SIP Trunking Services V/S Hosted PBX: Which is Better?

The SIP trunking services market is expected to expand at a CAGR of 13.8% during the forecast period. One of the biggest advantages of SIP trunking services is a high level of security. Since the server is onsite and managed by the enterprise’s IT staff, employers have total control over the security protocol. However, it has been found that the initial startup cost for SIP trunking services is high as compared to PBX (Private Branch Exchange), depending whether or not the PBX equipment is on-site.

Nevertheless, advantages such as high call quality and the freedom to choose the specific number of channels in SIP trunking services are compensating for its high startup cost.

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Fully Managed Voice Service SIP Gains Popularity in India

The SIP trunking services market is expected to surpass US$ 43.28 Bn by 2031. Indian Government’s Digital India movement is anticipated to provide impetus to SIP trunking services, which enables a connected network environment. Enterprises are looking for a centralized connectivity solution on IP background in order to connect remote work locations within cost efficient ways during the ongoing COVID-19 crisis.

Vi Business - the enterprise arm of Vodafone Idea Limited (VIL), has introduced the first of its kind fully-managed voice service SIP for enterprise customers and businesses. In organizations where voice calls are a significant business resource, companies in the SIP trunking services market are expanding their offerings.

Unparalleled Flexibility and Scaling Being Preferred in SIP Trunking Services

There is a growing demand for SIP trunking services that automatically scales up or down in order to meet traffic needs with unlimited capacity. Twilio - the cloud communications platform as a service company based in San Francisco, California, U.S. is gaining recognition for its easy to use self-service SIP trunking tools that eliminate dependence on slow providers. The growing interest of startups to fuel revenue is driving the global SIP trunking services market.

Unparalleled agility and scaling are being preferred in SIP trunking services. Companies in the SIP trunking services market are offering platforms that help users to take control of all communications by providing on-demand self-service trunk provisioning.

sip trunking services market segmentation

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Analysts’ Viewpoint

A rapid return on investment (ROI) facilitated by trunking services is contributing to the growth of the India SIP trunking services market during the ongoing COVID-19 outbreak. Businesses adhering to rigorous compliance regulations are opting for SIP trunking services over hosted PBX. However, high startup cost of SIP trunking services is concerning customers, since in many cases, individuals may need to purchase a business voice over IP gateway in addition to the SIP trunking equipment. Hence, service providers should increase awareness about advantages such as worldwide coverage in minutes and high call quality to offset its high startup cost as compared to hosted PBX. More control over security protocols is being preferred in SIP trunking services.

SIP Trunking Services Market: Overview

  • The latest research report published by Transparency Market Research pertains to the global SIP trunking services market for the historical period of 2016–2020, and the forecast period from 2021 to 2031. Reduction in telephony costs is a key feature of SIP trunking, which is expected to boost the SIP trunking services market during the forecast period. SIP trunking removes the need for traditional phone connections, and saves companies an average of 70% on their monthly phone bills. Many businesses rely on long distance calling and telephone services. Adoption of SIP over standard telephone lines offers many reduced cost benefits to the company by providing free calls between offices on the same VoIP system, more so when people have offices in multiple countries. SIP trunking still costs much less than other traditional methods to conduct external communications. Hence, this feature of SIP trunking is expected to boost the market during the forecast period.
  • Rising adoption of SIP trunking services by different end-users, such as hospitals and restaurants is estimated to offer significant opportunities for the SIP trunking services market
  • SIP is the protocol used to make these calls and connect multimedia sessions, and VoIP calls are just one type of session they can process. Voice over Internet Protocol (VoIP) providers offer businesses a modern, affordable, and more versatile alternative to traditional landline connections. VoIP telephone systems provide high quality and reliable business calls. SIP is a method of defining the messages sent between the endpoints used for VoIP. Hence, increasing adoption of VoIP services is likely to propel the SIP trunking services market during the forecast period.
  • In terms of revenue, the global SIP trunking services market is estimated to exceed the value of US$ 43.28 Bn by 2031, at a CAGR of 13.8% during the forecast period

Growing Adoption of Unified Communication (UC) Solutions: Key Driver of SIP Trunking Services Market

  • Unified Communications as a Service (UCaaS) platforms offer a wide range of cloud collaboration and communication services & applications. The three main capacity areas covered by UCaaS solutions are audio and video conferencing, voice / VoIP, and instant messaging/chat.
  • When a company implements SIP trunking in its many sites, it later forms a solid foundation for UC suites. The addition of certain UC elements does not have to interrupt workflows or reduce productivity, as employees are already used to working with VoIP and all the other functions offered.
  • Unified communications help streamline and improve the workforce and promotes higher levels of performance and productivity. Studies show that staff using a UC solution can save up to 191 hours of organization-wide productivity per day. This factor drives the SIP trunking services market, to simplify communication management systems.
  • Companies in today's business environment are making giant strides to become more mobile than ever. They become less dependent on desktop-to-desktop communication and switch to technology-oriented communication platforms. Hence, demand for advanced virtual technologies such as unified communication services, is expected to expand the SIP trunking services market during the forecast period.

Rise in Bring Your Own Device (BYOD)

  • Rise in use of smartphones and personal laptops at workplaces is a major trend observed, enabling greater mobility and flexibility for employees to work from anywhere and at any time. This also helps organizations by reducing their hardware and service costs.
  • Mobile smartphone applications have come a long way. They are clear and reliable and work via a data connection. Configuring users' personal devices with a smartphone registered with the company's SIP trunk account provides a dedicated voice connection for business purposes. That way, the user can use a cellular data connection or Wi-Fi (often free) to make and receive calls; usage is automatically billed to the organization's account. Users can make better use of their existing UC platform since SIP trunking is the key to connecting unified communications to the global telephone network.
  • Furthermore, increasing popularity of the cloud and widespread use of Internet of Things (IoT) have added to the BYOD trend at the workplace. SIP trunk service providers are offering services to support devices such as laptops, smartphones, and other devices that boosts the SIP trunking services market.
  • Hence, the growing Bring Your Own Device (BYOD) trend is expected to create scope for the SIP trunking services market during the forecast period

SIP Trunking Services Market: Competition Landscape

  • Detailed profiles of providers of SIP trunking services have been given in the SIP trunking services market report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the global SIP trunking services market are
    • Orange S.A.
    • Vonage Holdings Corp.
    • Bandwidth
    • Lumen Technologies
    • Sinch AB
    • Telkom SA
    • RingCentral, Inc.
    • MessageBird
    • Plivo Inc.
    • Twilio, Inc.
    • 8x8, Inc.
    • AVOXI Inc.
    • Colt Technology Services.

SIP Trunking Services Market: Key Developments

  • Key players in the SIP trunking services market, such as CenturyLink, Inc., Verizon Communications, Inc., AT&T Inc., net2phone, Vodafone Group Plc, 8x8, Inc., and RingCentral, Inc. are focusing on adopting alternative distribution channels such as online sales to further strengthen their market presence globally. Additionally, players active in the market are focusing on inorganic growth strategies such as strategic collaborations and merger & acquisition activities with technology partners to improve their offerings and market reach. Some other key developments in the global SIP trunking services market are highlighted below:
    • In August 2021, 8x8, a key player in the SIP trunking services market signed a new distribution agreement with SYNNEX Corporation. Under this, 8x8 will deliver access to 8x8 XCaaS to SYNNEX’s partner community of traditional value-added resellers (VARs), system integrators, and managed service providers (MSPs).
    • In March 2021, RingCentral Inc., one of the key players of the SIP trunking services market acquired Security Technology to deliver more secure video meetings and business communications. The new technology will be integrated into RingCentral's global communications platform and offer customers enhanced security features, with end-to-end encryption.
    • In November 2020, net2phone, a key player of the SIP trunking services market launched its fully localized cloud communications solution nationwide in Peru and expanding to six new cities in Brazil
    • In June 2020, Sinch AB, a key player of the SIP trunking services market acquired ACL Mobile Limited for a total cash consideration of US$ 71.6 Mn for the expansion of business in India
  • In the global SIP trunking services market report, we have discussed individual strategies, followed by company profiles of providers of SIP trunking services. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global SIP trunking services market.

SIP Trunking Services Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 10.65 Bn

Market Forecast Value in 2031

US$ 43.28 Bn

Growth Rate (CAGR)

13.8%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value

Market Analysis

Includes market size assessment for the historic period 2016-2020, along with base year and forecast period, in terms of value (US$ Mn). It also provides insights such as regional analysis, opportunity assessment, product development and innovation, and ecosystem analysis.

Competition Landscape
  • Market Share Analysis by Company (2020)
  • Detailed vendor profiling and insights on their key strategies for business growth, along with competition dashboard

Format

Electronic (PDF) + Excel

Market Segmentation
  • Enterprise Size
    • Small & Medium Enterprises
    • Large Enterprises
  • End User
    • BFSI
    • IT & Telecom
    • Government
    • Healthcare
    • Education
    • Retail & e-commerce
    • Travel and Hospitality
    • Others

Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered
  • U.S.
  • Canada
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • China
  • India
  • Japan
  • ASEAN
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Brazil
  • Argentina

Companies Profiled
  • 8x8, Inc.
  • Avoxi
  • Bandwidth.com
  • Colt Technology Services
  • Didlogic
  • DIDWW Ireland Limited
  • Flowroute (part of Intrado)
  • Inteliquent
  • Lumen Technologies
  • MessageBird
  • Net2Phone, Inc. (N2P)
  • Orange S.A.
  • Plivo Inc.
  • RingCentral, Inc.
  • Sinch AB
  • SIPSRUS
  • Tata Communication
  • Telkom SA
  • Telstra Corporation Limited
  • Twilio Inc.
  • VoIP Innovations
  • Vonage Holdings Corp.

Customization Scope

Available upon Request

Pricing

Available upon Request

SIP Trunking Services Market – Segmentation

TMR’s research study assesses the SIP trunking services market on the basis of enterprise size, end-user, and region. The report presents extensive market dynamics and progressive trends associated with different segments, and how they influence the growth prospects of the SIP trunking services market.

Enterprise Size
  • Small & Medium Enterprises
  • Large Enterprises
End User
  • BFSI
  • IT & Telecom
  • Government
  • Healthcare
  • Education
  • Retail & eCommerce
  • Travel and Hospitality
  • Others
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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Frequently Asked Questions

What is the SIP Trunking Services Market size?

SIP Trunking Services Market is projected to reach US$ 35.5 Bn by the end of the 2031

What is the CAGR for SIP Trunking Services Market?

SIP Trunking Services Market is expected to grow at a CAGR of 13% during 2021 – 2031

What is the Study Period of SIP Trunking Services Market?

SIP Trunking Services Market is studied from 2021 – 2031

Who are the key players in the SIP Trunking Services Market?

Key vendors in the SIP Trunking Services Market are AT&T Inc., CenturyLink, Inc., NTT Communications Corporation, Tata Communications Ltd., Verizon Communications, Inc., Vodafone Group Plc

Which Region Lead SIP Trunking Services Market?

North America region Takes Lead in the SIP Trunking Services Market

1. Preface

    1.1. Market Introduction

    1.2. Market Segmentation

    1.3. Key Research Objectives

2. Assumptions and Research Methodology

    2.1. Research Methodology

        2.1.1. List of Primary and Secondary Sources

    2.2. Key Assumptions for Data Modelling

3. Executive Summary - Global SIP Trunking Services Market

4. Market Overview

    4.1. Market Definition

    4.2. Technology/ Product Roadmap

    4.3. Market Factor Analysis

        4.3.1. Forecast Factors

        4.3.2. Ecosystem/ Value Chain Analysis

        4.3.3. Market Dynamics (Growth Influencers)

            4.3.3.1. Drivers

            4.3.3.2. Restraints

            4.3.3.3. Opportunities

            4.3.3.4. Impact Analysis of Drivers and Restraints

    4.4. COVID-19 Impact Analysis

        4.4.1. End-user Sentiment Analysis: Comparative Analysis on Spending

            4.4.1.1. Increase in Spending

            4.4.1.2. Decrease in Spending

        4.4.2. Short Term and Long Term Impact on the Market

    4.5. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

        4.5.1. By Enterprise Size

        4.5.2. By End-user

    4.6. Competitive Scenario and Trends

        4.6.1. List of Emerging, Prominent and Leading Players

        4.6.2. Mergers & Acquisitions, Expansions

5. Global SIP Trunking Services Market Analysis and Forecast

    5.1. Market Revenue Analysis (US$ Mn), 2016-2031

        5.1.1. Historic Growth Trends, 2016-2020

        5.1.2. Forecast Trends, 2021-2031

    5.2. Pricing Model Analysis

6. Global SIP Trunking Services Market Analysis, by Enterprise Size

    6.1. Overview and Definitions

    6.2. Key Segment Analysis

    6.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Enterprise Size, 2018 - 2031

        6.3.1. Small & Medium Enterprises

        6.3.2. Large Enterprises

7. Global SIP Trunking Services Market Analysis, by End-user

    7.1. Key Segment Analysis

    7.2. SIP Trunking Services Market Size (US$ Mn) Forecast, by End-user, 2018 - 2031

        7.2.1. BFSI

        7.2.2. IT & Telecom

        7.2.3. Government

        7.2.4. Healthcare

        7.2.5. Education

        7.2.6. Retail & e-commerce

        7.2.7. Travel and Hospitality

        7.2.8. Others

8. Global SIP Trunking Services Market Analysis and Forecast, By Region

    8.1. Key Findings

    8.2. SIP Trunking Services Market Size (US$ Mn) Forecast, by Region, 2018 - 2031

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Middle East & Africa

        8.2.5. South America

9. North America SIP Trunking Services Market Analysis

    9.1. Regional Outlook

    9.2. SIP Trunking Services Market Size (US$ Mn) Analysis and Forecast (2018 - 2031)

        9.2.1. By Enterprise Size

        9.2.2. By End-user

    9.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Country, 2018 - 2031

        9.3.1. U.S.

        9.3.2. Canada

        9.3.3. Mexico

10. Europe SIP Trunking Services Market Analysis and Forecast

    10.1. Regional Outlook

    10.2. SIP Trunking Services Market Size (US$ Mn) Analysis and Forecast (2018 - 2031)

        10.2.1. By Enterprise Size

        10.2.2. By End-user

    10.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        10.3.1. Germany

        10.3.2. U.K.

        10.3.3. France

        10.3.4. Spain

        10.3.5. Rest of Europe

11. APAC SIP Trunking Services Market Analysis and Forecast

    11.1. Regional Outlook

    11.2. SIP Trunking Services Market Size (US$ Mn) Analysis and Forecast (2018 - 2031)

        11.2.1. By Enterprise Size

        11.2.2. By End-user

    11.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        11.3.1. China

        11.3.2. India

        11.3.3. Japan

        11.3.4. ASEAN

        11.3.5. Rest of Asia Pacific

12. Middle East & Africa (MEA) SIP Trunking Services Market Analysis and Forecast

    12.1. Regional Outlook

    12.2. SIP Trunking Services Market Size (US$ Mn) Analysis and Forecast (2018 - 2031)

        12.2.1. By Enterprise Size

        12.2.2. By End-user

    12.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        12.3.1. Saudi Arabia

        12.3.2. The United Arab Emirates

        12.3.3. South Africa

        12.3.4. Rest of Middle East & Africa (MEA)

13. South America SIP Trunking Services Market Analysis and Forecast

    13.1. Regional Outlook

    13.2. SIP Trunking Services Market Size (US$ Mn) Analysis and Forecast (2018 - 2031)

        13.2.1. By Enterprise Size

        13.2.2. By End-user

    13.3. SIP Trunking Services Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2031

        13.3.1. Brazil

        13.3.2. Argentina

        13.3.3. Rest of South America

14. Competition Landscape

    14.1. Market Competition Matrix, by Leading Players

    14.2. Market Revenue Share Analysis (%), by Leading Players (2020)

    14.3. SWOT Analysis, by Leading Players

15. Company Profiles

    15.1. 8x8, Inc.

        15.1.1. Business Overview

        15.1.2. Product Portfolio

        15.1.3. Geographical Footprint

        15.1.4. Revenue and Strategy

    15.2. Avoxi

        15.2.1. Business Overview

        15.2.2. Product Portfolio

        15.2.3. Geographical Footprint

        15.2.4. Revenue and Strategy

    15.3. Bandwidth.com

        15.3.1. Business Overview

        15.3.2. Product Portfolio

        15.3.3. Geographical Footprint

        15.3.4. Revenue and Strategy

    15.4. Colt Technology Services

        15.4.1. Business Overview

        15.4.2. Product Portfolio

        15.4.3. Geographical Footprint

        15.4.4. Revenue and Strategy

    15.5. Didlogic

        15.5.1. Business Overview

        15.5.2. Product Portfolio

        15.5.3. Geographical Footprint

        15.5.4. Revenue and Strategy

    15.6. DIDWW Ireland Limited

        15.6.1. Business Overview

        15.6.2. Product Portfolio

        15.6.3. Geographical Footprint

        15.6.4. Revenue and Strategy

    15.7. Flowroute (part of Intrado)

        15.7.1. Business Overview

        15.7.2. Product Portfolio

        15.7.3. Geographical Footprint

        15.7.4. Revenue and Strategy

    15.8. Inteliquent

        15.8.1. Business Overview

        15.8.2. Product Portfolio

        15.8.3. Geographical Footprint

        15.8.4. Revenue and Strategy

    15.9. Lumen Technologies

        15.9.1. Business Overview

        15.9.2. Product Portfolio

        15.9.3. Geographical Footprint

        15.9.4. Revenue and Strategy

    15.10. MessageBird

        15.10.1. Business Overview

        15.10.2. Product Portfolio

        15.10.3. Geographical Footprint

        15.10.4. Revenue and Strategy

    15.11. Net2Phone, Inc. (N2P)

        15.11.1. Business Overview

        15.11.2. Product Portfolio

        15.11.3. Geographical Footprint

        15.11.4. Revenue and Strategy

    15.12. Orange S.A.

        15.12.1. Business Overview

        15.12.2. Product Portfolio

        15.12.3. Geographical Footprint

        15.12.4. Revenue and Strategy

    15.13. Plivo Inc.

        15.13.1. Business Overview

        15.13.2. Product Portfolio

        15.13.3. Geographical Footprint

        15.13.4. Revenue and Strategy

    15.14. RingCentral, Inc.

        15.14.1. Business Overview

        15.14.2. Product Portfolio

        15.14.3. Geographical Footprint

        15.14.4. Revenue and Strategy

    15.15. Sinch AB

        15.15.1. Business Overview

        15.15.2. Product Portfolio

        15.15.3. Geographical Footprint

        15.15.4. Revenue and Strategy

    15.16. SIPSRUS

        15.16.1. Business Overview

        15.16.2. Product Portfolio

        15.16.3. Geographical Footprint

        15.16.4. Revenue and Strategy

    15.17. Tata Communication

        15.17.1. Business Overview

        15.17.2. Product Portfolio

        15.17.3. Geographical Footprint

        15.17.4. Revenue and Strategy

    15.18. Telkom SA

        15.18.1. Business Overview

        15.18.2. Product Portfolio

        15.18.3. Geographical Footprint

        15.18.4. Revenue and Strategy

    15.19. Telstra Corporation Limited

        15.19.1. Business Overview

        15.19.2. Product Portfolio

        15.19.3. Geographical Footprint

        15.19.4. Revenue and Strategy

    15.20. Twilio Inc.

        15.20.1. Business Overview

        15.20.2. Product Portfolio

        15.20.3. Geographical Footprint

        15.20.4. Revenue and Strategy

    15.21. VoIP Innovations

        15.21.1. Business Overview

        15.21.2. Product Portfolio

        15.21.3. Geographical Footprint

        15.21.4. Revenue and Strategy

    15.22. Vonage Holdings Corp.

        15.22.1. Business Overview

        15.22.2. Product Portfolio

        15.22.3. Geographical Footprint

        15.22.4. Revenue and Strategy

16. Key Takeaways

List of Tables

Table 1: Acronyms Used in the SIP Trunking Services Market

Table 2: North America SIP Trunking Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Mn)

Table 3: Europe SIP Trunking Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Mn)

Table 4: Asia Pacific SIP Trunking Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Mn)

Table 5: Middle East & Africa SIP Trunking Services Market Revenue Analysis, by Country, 2021 and 2031 (US$ Mn)

Table 6: South America SIP Trunking Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Mn)

Table 7: Forecast Factors: Relevance and Impact

Table 8: Impact Analysis of Drivers & Restraints

Table 9: Mergers & Acquisitions, Partnerships (1/2)

Table 10: Mergers & Acquisitions, Partnership (2/2)

Table 11: Global SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 12: Global SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 13: Global SIP Trunking Services Market Volume (US$ Mn) Forecast, by Region, 2018 - 2031

Table 14: North America SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 15: North America SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 16: North America SIP Trunking Services Market Value (US$ Mn) Forecast, by Country, 2018 - 2031

Table 17: U.S. SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 18: Europe SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 19: Europe SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 20: Europe SIP Trunking Services Market Value (US$ Mn) Forecast, by Country, 2018 - 2031

Table 21: Germany SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 22: U.K. SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 23: France SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 24: Spain SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 25: Asia Pacific SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 26: Asia Pacific SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 27: Asia Pacific SIP Trunking Services Market Value (US$ Mn) Forecast, by Country, 2018 - 2031

Table 28: China SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 29: India SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 30: Japan SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 31: ASEAN SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 32: Middle East & Africa SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 33: Middle East & Africa SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 34: Middle East & Africa SIP Trunking Services Market Value (US$ Mn) Forecast, by Country, 2018 - 2031

Table 35: Saudi Arabia SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 36: The United Arab Emirates SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 37: South Africa SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 38: South America SIP Trunking Services Market Value (US$ Mn) Forecast, by Enterprise Size, 2018 – 2031

Table 39: South America SIP Trunking Services Market Value (US$ Mn) Forecast, by End-user, 2018 – 2031

Table 40: South America SIP Trunking Services Market Value (US$ Mn) Forecast, by Country, 2018 - 2031

Table 41: Brazil SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

Table 42: Argentina SIP Trunking Services Market Revenue CAGR Breakdown (%), by Growth Term

List of Figures

Figure 1: Global SIP Trunking Services Market Size (US$ Mn) Forecast, 2018–2031

Figure 2: Global SIP Trunking Services Market Revenue (US$ Mn) Opportunity Assessment, by Region, 2021E

Figure 3: Top Segment Analysis of SIP Trunking Services Market

Figure 4: Global SIP Trunking Services Market Revenue (US$ Mn) Opportunity Assessment, by Region, 2031F

Figure 5: Performance Of Key Global SIP Trunking Players Vs S&P 500 During COVID-19

Figure 6: Global SIP Trunking Services Market Attractiveness Assessment, by Enterprise Size

Figure 7: Global SIP Trunking Services Market Attractiveness Assessment, by End-user

Figure 8: Global SIP Trunking Services Market Attractiveness Assessment, by Region

Figure 9: Global SIP Trunking Services Market Revenue (US$ Mn) Historic Trends, 2016 - 2020

Figure 10: Global SIP Trunking Services Market Revenue Opportunity (US$ Mn) Historic Trends, 2016 - 2020

Figure 11: Global SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 12: Global SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 13: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 14: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 15: Global SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 16: Global SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 17: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 18: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 19: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 20: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 21: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 22: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 23: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 24: Global SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 25: Global SIP Trunking Services Market Opportunity (US$ Mn), by Region

Figure 26: Global SIP Trunking Services Market Opportunity Share (%), by Region, 2021–2031

Figure 27: Global SIP Trunking Services Market Size (US$ Mn), by Region, 2021 & 2031

Figure 28: Global SIP Trunking Services Market Value Share Analysis, by Region, 2021

Figure 29: Global SIP Trunking Services Market Value Share Analysis, by Region, 2031

Figure 30: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), 2021 – 2031

Figure 31: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), 2021 – 2031

Figure 32: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), 2021 – 2031

Figure 33: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), 2021 – 2031

Figure 34: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), 2021 – 2031

Figure 35: North America SIP Trunking Services Revenue Opportunity Share, by Enterprise Size

Figure 36: North America SIP Trunking Services Revenue Opportunity Share, by End-user

Figure 37: North America SIP Trunking Services Revenue Opportunity Share, by Country

Figure 38: North America SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 39: North America SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 40: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 41: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 42: North America SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 43: North America SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 44: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 45: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 46: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 47: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 48: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 49: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 50: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 51: North America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 52: North America SIP Trunking Services Market Value Share Analysis, by Country, 2021

Figure 53: North America SIP Trunking Services Market Value Share Analysis, by Country, 2031

Figure 54: U.S. SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 55: Canada SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 56: Mexico SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 57: Europe SIP Trunking Services Revenue Opportunity Share, by Enterprise Size

Figure 58: Europe SIP Trunking Services Revenue Opportunity Share, by End-user

Figure 59: Europe SIP Trunking Services Revenue Opportunity Share, by Country

Figure 60: Europe SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 61: Europe SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 62: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 63: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 64: Europe SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 65: Europe SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 66: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 67: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 68: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 69: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 70: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 71: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 72: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 73: Europe SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 74: Europe SIP Trunking Services Market Value Share Analysis, by Country, 2021

Figure 75: Europe SIP Trunking Services Market Value Share Analysis, by Country, 2031

Figure 76: Germany SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 77: U.K. SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 78: France SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 79: Spain SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 80: Asia Pacific SIP Trunking Services Revenue Opportunity Share, by Enterprise Size

Figure 81: Asia Pacific SIP Trunking Services Revenue Opportunity Share, by End-user

Figure 82: Asia Pacific SIP Trunking Services Revenue Opportunity Share, by Country

Figure 83: Asia Pacific SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 84: Asia Pacific SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 85: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 86: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 87: Asia Pacific SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 88: Asia Pacific SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 89: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 90: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 91: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 92: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 93: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 94: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 95: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 96: Asia Pacific SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 97: Asia Pacific SIP Trunking Services Market Value Share Analysis, by Country, 2021

Figure 98: Asia Pacific SIP Trunking Services Market Value Share Analysis, by Country, 2031

Figure 99: China SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 100: India SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 101: Japan SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 102: ASEAN SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 103: Middle East & Africa SIP Trunking Services Revenue Opportunity Share, by Enterprise Size

Figure 104: Middle East & Africa SIP Trunking Services Revenue Opportunity Share, by End Use

Figure 105: Middle East & Africa SIP Trunking Services Revenue Opportunity Share, by Country

Figure 106: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 107: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 108: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 109: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 110: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 111: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 112: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 113: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 114: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 115: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 116: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 117: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 118: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 119: Middle East & Africa SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 120: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by Country, 2021

Figure 121: Middle East & Africa SIP Trunking Services Market Value Share Analysis, by Country, 2031

Figure 122: Saudi Arabia SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 123: The United Arab Emirates SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 124: South Africa SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 125: South America SIP Trunking Services Revenue Opportunity Share, by Enterprise Size

Figure 126: South America SIP Trunking Services Revenue Opportunity Share, by End Use

Figure 127: South America SIP Trunking Services Revenue Opportunity Share, by Country

Figure 128: South America SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2021

Figure 129: South America SIP Trunking Services Market Value Share Analysis, by Enterprise Size, 2031

Figure 130: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Small & Medium Enterprises, 2021 – 2031

Figure 131: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Large Enterprises, 2021 – 2031

Figure 132: South America SIP Trunking Services Market Value Share Analysis, by End-user, 2021

Figure 133: South America SIP Trunking Services Market Value Share Analysis, by End-user, 2031

Figure 134: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by BFSI, 2021 – 2031

Figure 135: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by IT & Telecom, 2021 – 2031

Figure 136: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Government, 2021 – 2031

Figure 137: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Healthcare, 2021 – 2031

Figure 138: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Education, 2021 – 2031

Figure 139: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Retail & e-commerce, 2021 – 2031

Figure 140: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Travel and Hospitality, 2021 – 2031

Figure 141: South America SIP Trunking Services Market Absolute Opportunity (US$ Mn), by Others, 2021 – 2031

Figure 142: South America SIP Trunking Services Market Value Share Analysis, by Country, 2021

Figure 143: South America SIP Trunking Services Market Value Share Analysis, by Country, 2031

Figure 144: Brazil SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

Figure 145: Argentina SIP Trunking Services Market Opportunity Growth Analysis (US$ Mn) Forecast, 2021 – 2031

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