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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Key Companies: Global Enterprise Session Border Controller Market
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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