China SIP Trunking Services Research Study: Countermeasures Of Economic Impact And Marketing Channels To 2020-2030
SIP Trunking Services Market: Introduction The global SIP trunking services market is projected to reach the value of US$ 35.5 Bn by 2030. The SIP trunking services market is projected to expand at a CAGR of ~ 13% from 2020 to 2030. The expansion of the SIP trunking services market can be attributed to growing cloud-based SIP trunking services and replacement of traditional ISDN. North America is anticipated to lead the global SIP trunking services market in terms of revenue, followed by Europe, during the forecast period. Rise in Bring Your Own Device (BYOD): An Opportunity for Global Market The rise in the use of smartphones and personal laptops at workplaces is a major trend enabling greater mobility and flexibility for employees to work from anywhere and at any time. This also aids organizations by reducing their hardware and service costs. Furthermore, increasing popularity of the cloud and widespread use of the Internet of Things (IoT) have added to t...