Enterprise Session Border Controller Market Technological Advancements, Growth Opportunity and Forecast 2018-2026
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.
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 enterprise session border controller market held the dominant position
in 2016
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.
Explore market research @ https://www.coherentmarketinsights.com/ongoing-insight/enterprise-session-border-controller-market-1300
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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