Session border controller is a device, which provides high security and maintains quality interactive communications through multiple IP networks. Increasing demand for voice over Internet protocol is one of the major drivers for growth of the session border controller market globally. According to Coherent Market Insights, in 2017, 258.5 million VoIP subscribers were present globally and is projected to reach 285.9 million subscribers by 2018 end.
Adtran, Inc., Audiocodes Ltd., Avaya Inc., Cisco Systems, Inc., Edgewater Networks Inc., Genband, Inc., Ingate Systems AB, Oracle Corporation, Patton Electronics Co., and Sonus Networks, Inc. are some of the major companies in the global enterprise session border controller market.
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Large Enterprises segment is projected to exhibit the highest CAGR over the forecast period. Large scale enterprises have adopted session border controller for network security and for maintaining the quality of network service. Moreover, advantages such as efficient bandwidth utilization and routing session has helped large scale companies to reduce its IT expenses.
North America held the dominant position in the market and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the growth engines in this region. Due to presence of companies such as Verizon, AT&T providing Voice over internet protocol services have led to increasing demand for session border controller market in this region. Moreover, the region is characterized by large presence of early adopters of novel technologies and robust IT infrastructure.
Asia Pacific market is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries in this region. This is owing to growth of mobile VoIP market in this region thus, accelerating growth of the session border controller market. According to Coherent Market Insights, Asia Pacific mobile VoIP market is expected to be valued at US$ 60 billion by 2024.
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Enterprise Session Border Controller Market Taxonomy
On the basis of vertical, the enterprise session border controller market is diversified into:
On the basis of organization size, the enterprise session border controller market is diversified into:
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