SIP - Session Initiation Protocol
A comprehensive market research reveals latest trend in the SIP landscape.
12:59 02 July 2017
A recently released Session Initiation Protocol (SIP) Trunking Market research report has revealed that the latest trend gaining momentum in the market is the convergence of VoIP and UC. The report covers the present scenario and the growth prospects of SIP for 2017-2021 and has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and the discussions of key vendors including AT&T, CenturyLink, Verizon and XO communications.
The SIP emerged as the protocol within the VoIP market, particularly within IP-PBX solutions. SIP is a signaling protocol for telephony, Internet conferencing, presence, instant messaging and event notifications. Some of the companies that have adopted this technology include Microsoft, Avaya, Siemens and Nortel. The growing demand for software and hardware needed to facilitate UC contributes to a significant market share of SIP trunking.
The report found that the adoption of cloud-based solutions, which significantly affects many business operations, is one of the drivers for this market. These solutions can be customised to meet specific business requirements.
One of the report’s highlights are the major factors that hinder the growth of this technology, with network security issues being the most serious. Cloud-based systems are vulnerable to viruses, data crashing and hackers.