Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Introduction to Session Border Controller
A session border controller is a device commonly installed in VoIP networks to control the signaling. The term “session” refers to a communication in the context of call between two parties. Each call consists of information of call or video along with data. The term “border” refers to a point of differentiation between two parties of networks. The data flows of session hinges on a session border controller. SBC allows only authorized session to pass through border and acts as a router. On the other hand, the term “controller” denotes to the impact that session border controllers have on the data streams that comprise session done between two parties. It is also used to control all types of interactions in the organization which including VoIP, IP video, video calling, text chat and team video or texting sessions and so on.
Market size and Forecast
Session border controller is a software application which provides media controller, bandwidth, session controller, interworking and security, and controls the way in which calls are commence, conducted and discontinue on a Voice over Internet Protocol network. Session border controller ensures that the communication established is uninterrupted and threat free. Some of the major benefits of using SBC are security, usability and economy. The SBC safeguards your database from any unauthorized access and relieves its users from making VPN connections. The SBC (Session Border Controller) market size is anticipated to record a CAGR of around 8.5% over the forecast period i.e. 2020-2028.
The session border controller market is segmented by session capacity type, function, by end user and by region. Based on session capacity type, the market is segmented into <300, 300-5000 and <5000, out of which, the 300-5000 segment is anticipated to hold the largest share in the session border controller market and is expected to grow at a robust CAGR over the forecast period.
On the basis of end user, the market is segmented into service provider, enterprise, contact centre, government, IT & telecommunication, transportation and healthcare, out of which, the market for IT & telecommunication is estimated to witness the highest growth of the market on account of growing need for communication systems that are highly secured, such as session based controller, which helps to control communication flow between two or more parties. CLICK TO DOWNLOAD SAMPLE REPORT
Growth Drivers
Usability benefit of SBC to drive the Market growth
Increasing awareness for the SBC technology among the individuals and the numerous benefits associated with SBC are some of the major factors anticipated to drive the growth of the global session border controller market. By the use of session border controller technology, the end users no longer have to keep struggling for connecting through VPN connections, which makes mobile enablement more accurate for daily usage.
Rising security concerns
Increasing incoming threats to the communication channels is driving the growth of session border controller market. The SBC set up always ensures you to have a safe communication without any unofficial access. The SBC also provides users to enable healthy unified communication capabilities.
Session Control and Interoperability
Some of the key SBCs usage features such as Intelligent session control, scalability and Interoperability, makes it a vital part in your unified communication network. The SBC provides the smooth and effective flow of traffic in any enterprise network. This kind of efficiency allows enterprises to have significant savings, which in turn is anticipated to drive the growth of session border controller market.
Restraints
Lack of Awareness to Inhibit the Market Growth
The major restraint factor to the utilization of the session border controller is for the unavailability of the technology in many regions, lack of awareness amongst individuals around the globe along with the high implementation cost.
Market Segmentation
Our in-depth analysis of the session border controller market includes the following segments:
By Session Capacity
By Function
By End users
By Region
Based on regions, the session border controller market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Asia-Pacific and Europe region are anticipated to grow at a robust rate on account of growing need for advanced communication systems, backed by the presence of a robust technological infrastructure across nations in the region. Moreover, the market in Asia-Pacific is estimated to grow at a CAGR of 7% over the forecast period.
North America region is predicted to grow at the highest rate during the forecast period as a result of growing requirements of session border controller which can further increases the product demand in this region over the forecast period.
The global session border controller market is further classified on the basis of region as follows:
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