Vantage Market Research
Nov 04, 2021
According
to a new report by Vantage Market Research, the enterprise session border controller (SBC) market is expected to reach USD 763.6 Million by 2028, growing at a CAGR
of 8.02% from 2021 to 2028. Enterprise Session Border Controller protects
IP-based systems and services from these threats and delivers secure, private voice;
video and UC sessions across trusted and untrusted networks alike IT managers
frequently encounter interoperability problems when connecting on premise
systems to each other and to cloud communications services. These problems can
reduce network agility and reliability, delay projects, increase costs and put
investments at risk of obsolescence. The E-SBC features header manipulation
capabilities that can resolve a wide range of protocol interoperability
problems and hence important factor driving factor for the growth of market.
Key Findings:
- Under the Function segment, security sub-segment is projected to grow at a CAGR of over 6.9% over the forecast period owing to the increasing adoption in the manufacturing industry.
- The industry segment held a market share of around 30.25% in 2020. This share is due to the increasing utilization in processing industry among countries such as China, India, and U.S, and Germany.
- North America is expected to expand at a CAGR over 8.2% from 2021 to 2028. This surge is attributed to the rising demand for security in upcoming industries and rapid development in this sector in countries in U.S. and Canada.
Some of key players in enterprise session border controller (SBC) market include Edgewater Networks, Patton Electronics, Oracle Corporation, AudioCodes Ltd, Cisco Systems, Ribbon Communications, Ingate Systems AB, GENBAND Inc., ADTRAN Inc., Sonus Networks Inc., Avaya Inc., and among others.
A enterprise Session Border Controller is a network element that provides security and interoperability between differing SIP-based networks, managing signaling and occasionally media transport. The SBC enforces security, quality of service and admission control mechanism over the VoIP sessions. This software has now extended to incorporate noteworthy organizations between a special entrance organization to offer support to private as well as big business clients. Enterprise session border controllers are progressively being combined as a major aspect of a bigger offer of unified communications (UC) and contact focus arrangements related to SIP connecting. The method focuses, governments, and undertakings of various organizations are moving their correspondences to all-IP and changing from primary rate interface (PRI) to session initiation protocol (SIP) trunks for public switched telephone (PSTN) network.
North America region is poised to record the highest CAGR. This is attributable to the increasing demand in industrial safety, military and other government facilities. As countries such as U.S. and Canada rely on strong enterprise security services which highlight their strong dependency on security software, hence this factor will enhance the scope for enterprise session border controller (SBC) market in these countries.