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Session Initiation Protocol (SIP) Trunking Services-Global Market Insights and Sales Trends 2025
Synopsis
Session Initiation Protocol (SIP) trunking is a service offered by a communications service provider that uses the protocol to provision voice over IP (VoIP) connectivity between an on-premises phone system and the public switched telephone network (PSTN). SIP is used for call establishment, management and teardown. SIP trunking is typically sold as a replacement for digital Primary Rate Interfaces (PRIs), which are based on time-division multiplexing (TDM).
The global Session Initiation Protocol (SIP) Trunking Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Session Initiation Protocol (SIP) Trunking Services in various end use industries. The expanding demands from the Banking, Financial Services, and Insurance(BFSI), High-Tech, Government and Healthcare, are propelling Session Initiation Protocol (SIP) Trunking Services market. Small Businesses, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mid-sized Businesses segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Session Initiation Protocol (SIP) Trunking Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Session Initiation Protocol (SIP) Trunking Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Session Initiation Protocol (SIP) Trunking Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Session Initiation Protocol (SIP) Trunking Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Session Initiation Protocol (SIP) Trunking Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Session Initiation Protocol (SIP) Trunking Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Session Initiation Protocol (SIP) Trunking Services covered in this report include AT&T, BT Group, Centurylink, Fusion, Verizon, 8x8, Windstream, Bandwidth and Colt Technology Services, etc.
The global Session Initiation Protocol (SIP) Trunking Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AT&T
BT Group
Centurylink
Fusion
Verizon
8x8
Windstream
Bandwidth
Colt Technology Services
GTT Communications
Intelepeer
Mitel Networks
Renesas Electronics Corporation
Global Session Initiation Protocol (SIP) Trunking Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Session Initiation Protocol (SIP) Trunking Services market, Segment by Type:
Small Businesses
Mid-sized Businesses
Large Enterprises
Global Session Initiation Protocol (SIP) Trunking Services market, by Application
Banking, Financial Services, and Insurance(BFSI)
High-Tech
Government
Healthcare
Education
Retail
Transportation and Logistics
Manufacturing
Travel and Hospitality
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Session Initiation Protocol (SIP) Trunking Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Session Initiation Protocol (SIP) trunking is a service offered by a communications service provider that uses the protocol to provision voice over IP (VoIP) connectivity between an on-premises phone system and the public switched telephone network (PSTN). SIP is used for call establishment, management and teardown. SIP trunking is typically sold as a replacement for digital Primary Rate Interfaces (PRIs), which are based on time-division multiplexing (TDM).
The global Session Initiation Protocol (SIP) Trunking Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Session Initiation Protocol (SIP) Trunking Services in various end use industries. The expanding demands from the Banking, Financial Services, and Insurance(BFSI), High-Tech, Government and Healthcare, are propelling Session Initiation Protocol (SIP) Trunking Services market. Small Businesses, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mid-sized Businesses segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Session Initiation Protocol (SIP) Trunking Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Session Initiation Protocol (SIP) Trunking Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Session Initiation Protocol (SIP) Trunking Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Session Initiation Protocol (SIP) Trunking Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Session Initiation Protocol (SIP) Trunking Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Session Initiation Protocol (SIP) Trunking Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Session Initiation Protocol (SIP) Trunking Services covered in this report include AT&T, BT Group, Centurylink, Fusion, Verizon, 8x8, Windstream, Bandwidth and Colt Technology Services, etc.
The global Session Initiation Protocol (SIP) Trunking Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AT&T
BT Group
Centurylink
Fusion
Verizon
8x8
Windstream
Bandwidth
Colt Technology Services
GTT Communications
Intelepeer
Mitel Networks
Renesas Electronics Corporation
Global Session Initiation Protocol (SIP) Trunking Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Session Initiation Protocol (SIP) Trunking Services market, Segment by Type:
Small Businesses
Mid-sized Businesses
Large Enterprises
Global Session Initiation Protocol (SIP) Trunking Services market, by Application
Banking, Financial Services, and Insurance(BFSI)
High-Tech
Government
Healthcare
Education
Retail
Transportation and Logistics
Manufacturing
Travel and Hospitality
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Session Initiation Protocol (SIP) Trunking Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Session Initiation Protocol (SIP) Trunking Services
1.1 Session Initiation Protocol (SIP) Trunking Services Market Overview
1.1.1 Session Initiation Protocol (SIP) Trunking Services Product Scope
1.1.2 Session Initiation Protocol (SIP) Trunking Services Market Status and Outlook
1.2 Global Session Initiation Protocol (SIP) Trunking Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Session Initiation Protocol (SIP) Trunking Services Market Size by Region (2018-2029)
1.4 Global Session Initiation Protocol (SIP) Trunking Services Historic Market Size by Region (2018-2023)
1.5 Global Session Initiation Protocol (SIP) Trunking Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
1.6.1 North America Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
1.6.2 Europe Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
1.6.3 Asia-Pacific Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
1.6.4 Latin America Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
1.6.5 Middle East & Africa Session Initiation Protocol (SIP) Trunking Services Market Size (2018-2029)
2 Session Initiation Protocol (SIP) Trunking Services Market by Type
2.1 Introduction
2.1.1 Small Businesses
2.1.2 Mid-sized Businesses
2.1.3 Large Enterprises
2.2 Global Session Initiation Protocol (SIP) Trunking Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Session Initiation Protocol (SIP) Trunking Services Historic Market Size by Type (2018-2023)
2.2.2 Global Session Initiation Protocol (SIP) Trunking Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Type (2018-2029)
3 Session Initiation Protocol (SIP) Trunking Services Market Overview by Application
3.1 Introduction
3.1.1 Banking, Financial Services, and Insurance(BFSI)
3.1.2 High-Tech
3.1.3 Government
3.1.4 Healthcare
3.1.5 Education
3.1.6 Retail
3.1.7 Transportation and Logistics
3.1.8 Manufacturing
3.1.9 Travel and Hospitality
3.2 Global Session Initiation Protocol (SIP) Trunking Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Session Initiation Protocol (SIP) Trunking Services Historic Market Size by Application (2018-2023)
3.2.2 Global Session Initiation Protocol (SIP) Trunking Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Session Initiation Protocol (SIP) Trunking Services Revenue Breakdown by Application (2018-2029)
4 Session Initiation Protocol (SIP) Trunking Services Competition Analysis by Players
4.1 Global Session Initiation Protocol (SIP) Trunking Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Session Initiation Protocol (SIP) Trunking Services as of 2022)
4.3 Date of Key Players Enter into Session Initiation Protocol (SIP) Trunking Services Market
4.4 Global Top Players Session Initiation Protocol (SIP) Trunking Services Headquarters and Area Served
4.5 Key Players Session Initiation Protocol (SIP) Trunking Services Product Solution and Service
4.6 Competitive Status
4.6.1 Session Initiation Protocol (SIP) Trunking Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 AT&T
5.1.1 AT&T Profile
5.1.2 AT&T Main Business
5.1.3 AT&T Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.1.4 AT&T Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.1.5 AT&T Recent Developments
5.2 BT Group
5.2.1 BT Group Profile
5.2.2 BT Group Main Business
5.2.3 BT Group Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.2.4 BT Group Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.2.5 BT Group Recent Developments
5.3 Centurylink
5.3.1 Centurylink Profile
5.3.2 Centurylink Main Business
5.3.3 Centurylink Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.3.4 Centurylink Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.3.5 Fusion Recent Developments
5.4 Fusion
5.4.1 Fusion Profile
5.4.2 Fusion Main Business
5.4.3 Fusion Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.4.4 Fusion Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.4.5 Fusion Recent Developments
5.5 Verizon
5.5.1 Verizon Profile
5.5.2 Verizon Main Business
5.5.3 Verizon Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.5.4 Verizon Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.5.5 Verizon Recent Developments
5.6 8x8
5.6.1 8x8 Profile
5.6.2 8x8 Main Business
5.6.3 8x8 Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.6.4 8x8 Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.6.5 8x8 Recent Developments
5.7 Windstream
5.7.1 Windstream Profile
5.7.2 Windstream Main Business
5.7.3 Windstream Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.7.4 Windstream Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.7.5 Windstream Recent Developments
5.8 Bandwidth
5.8.1 Bandwidth Profile
5.8.2 Bandwidth Main Business
5.8.3 Bandwidth Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.8.4 Bandwidth Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.8.5 Bandwidth Recent Developments
5.9 Colt Technology Services
5.9.1 Colt Technology Services Profile
5.9.2 Colt Technology Services Main Business
5.9.3 Colt Technology Services Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.9.4 Colt Technology Services Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.9.5 Colt Technology Services Recent Developments
5.10 GTT Communications
5.10.1 GTT Communications Profile
5.10.2 GTT Communications Main Business
5.10.3 GTT Communications Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.10.4 GTT Communications Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.10.5 GTT Communications Recent Developments
5.11 Intelepeer
5.11.1 Intelepeer Profile
5.11.2 Intelepeer Main Business
5.11.3 Intelepeer Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.11.4 Intelepeer Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.11.5 Intelepeer Recent Developments
5.12 Mitel Networks
5.12.1 Mitel Networks Profile
5.12.2 Mitel Networks Main Business
5.12.3 Mitel Networks Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.12.4 Mitel Networks Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.12.5 Mitel Networks Recent Developments
5.13 Renesas Electronics Corporation
5.13.1 Renesas Electronics Corporation Profile
5.13.2 Renesas Electronics Corporation Main Business
5.13.3 Renesas Electronics Corporation Session Initiation Protocol (SIP) Trunking Services Products, Services and Solutions
5.13.4 Renesas Electronics Corporation Session Initiation Protocol (SIP) Trunking Services Revenue (US$ Million) & (2018-2023)
5.13.5 Renesas Electronics Corporation Recent Developments
6 North America
6.1 North America Session Initiation Protocol (SIP) Trunking Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Session Initiation Protocol (SIP) Trunking Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Session Initiation Protocol (SIP) Trunking Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Session Initiation Protocol (SIP) Trunking Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Session Initiation Protocol (SIP) Trunking Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Session Initiation Protocol (SIP) Trunking Services Market Dynamics
11.1 Session Initiation Protocol (SIP) Trunking Services Industry Trends
11.2 Session Initiation Protocol (SIP) Trunking Services Market Drivers
11.3 Session Initiation Protocol (SIP) Trunking Services Market Challenges
11.4 Session Initiation Protocol (SIP) Trunking Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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