The Enterprise Session Border Controller Market is being driven by Increasing number of mobile computing devices
The Enterprise Session Border Controller Market is expected to grow at a CAGR of 8.14% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 159.99 million. In today's business landscape, the Bring-Your-Own-Device (BYOD) trend is increasingly popular, with over half of global employers encouraging their staff to use their personal devices at work. This trend necessitates advanced communication technologies, such as Web Real-Time Communication (WebRTC) solutions, to ensure seamless interaction and workflows across various remote devices. WebRTC technology prioritizes the lower-end processing power of smartphones and tablets to deliver high-quality user experiences, even when multiple signals are being sent during a conversation. Employers must adopt such technologies to facilitate efficient and professional communication in the era of BYOD.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.14% |
Market growth 2024-2028 |
USD 159.99 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
8.0 |
Key countries |
US, China, Japan, Germany, France, Spain, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, Rest of World (ROW), Mexico, US, China, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Enterprise Session Border Controller (E SBC) market encompasses solutions that offer SIP Trunking, Media Processing, Fax Relay, Call Recording, and Call Detail Records for Real-Time Communications and IP Telephony. Security features include VoIP Security, Network Segmentation, DDoS Protection, Firewall Management, Threat Intelligence, Packet Inspection, Traffic Shaping, Bandwidth Management, and Packet Loss. Call Quality Metrics, Network Performance Monitoring, Service Assurance, and Deployment Flexibility are also essential. Open Standards, Interoperability Testing, Cost Optimization, and Return on Investment are key business considerations. Additionally, Business Continuity, Disaster Recovery Plan, Security Certifications, Compliance Standards, Data Security Regulations, User Experience, User Interface, Management Interface, Integration Capabilities, API Documentation, Agile Development, Cloud Migration, and Cloud Adoption are significant factors.
The Enterprise Session Border Controller (E-SBC) market is a significant segment within the larger global electronic components market, which in turn is part of the overall electronic market. This market encompasses manufacturers of communications equipment, technology hardware, storage and peripherals, electronic equipment and instruments, and various electronic components. According to Technavio, the global electronic components market is projected to expand at a moderate growth rate. The market size is determined by calculating the revenue generated from the sales of associated Information and Communication Technology (ICT) and electronics products, equipment, and components, including E-SBCs, media gateways, network security solutions, and NAT traversal technologies. These solutions play a crucial role in ensuring secure and reliable communication in enterprise networks, making the E-SBC market an essential component of the broader electronic components sector.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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