Nokia Corporation launches cloud-nativeIMS Voice Core product to simplify network operations for communication service providers. The Finnish telecom gear maker said the new product can help telecom companies simplify their network operations and decrease the cost of managing the network.
AudioCodes Limited continues to lead the enterprise SBC market with an 18.5% worldwide revenue share for 2021. The Mediant family of SBCs includes scalable, virtualized, and cloud-native SBCs that can be deployed in either public or private clouds, as well as on-premises
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 720
Published Date: Jul 28, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
growing need of organizations to safeguard their communication network, along with the numerous benefits associated with the utilization of SBCs, are some of the major factors driving the market growth.
The market size of Session Border Controller (SBC) is anticipated to attain a CAGR of 6.2% over the forecast period, i.e., 2023 ÃƒÆ’Ã†â€™Ãƒâ€ Ã¢â‚¬â„¢ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â¢ÃƒÆ’Ã†â€™Ãƒâ€šÃ‚Â¢ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬Ãƒâ€¦Ã‚Â¡ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â¬ÃƒÆ’Ã†â€™Ãƒâ€šÃ‚Â¢ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â€šÂ¬Ã…Â¡Ãƒâ€šÃ‚Â¬ÃƒÆ’Ã¢â‚¬Â¦ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œ 2035.
The major players in the market are Ribbon Communications Operating Company, Inc. (ECI Telecom Ltd.), AudioCodes Limited, Patton Electronics Co., Nokia Corporation, ZTE Corporation, Avaya Inc., and others.
The enterprise (SBC) segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.