Enterprise Session Border Controller Market Upcoming Trends, Demand and Analysis Till 2025
On the basis of geography, the enterprise session border controller market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. 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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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. Moreover, session border controller has features to provide improved security to private network and other devices from malicious attacks such as Denial-of-Service attack and Toll Fraud. Also, session border controller provides malformed packet protection privacy which is another factor for growth of the market. In addition to this, session border controller also provides quality of service to networks through various applications such as call admission control, resource allocation, and traffic policing. Moreover, lack of awareness regarding advantage of session border controller in various region especially in economically developing countries become major challenge for the market.
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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