by The global Enterprise Session Border Controller Market is estimated to be valued at US$ 545.19 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Enterprise Session Border Controllers are network infrastructure equipment used to control and manage IP based networking sessions in large enterprises. They enable secure interconnection of VoIP networks and provide functions like security, interconnectivity, and quality of service.
Market key trends:
One of the key trends driving the Enterprise Session Border Controller market is the growing adoption of software-based virtual session border controllers. These virtual session border controllers offer greater flexibility, scalability and cost benefits compared to hardware SBCs. They can be deployed on commercial off-the-shelf servers, in public/private clouds or virtually in an organization’s data center. This has allowed businesses to reduce CAPEX and manage session border control as software service. The virtualization of SBCs is expected to continue dominating market trends over the forecast period.
SWOT Analysis
Strength: Enterprise Session Border Controllers provide advanced security features like firewall protection and encryption that secure communications between internal and external networks. They also offer advantages like centralized configuration, management and control over VoIP and UC traffic.
Weakness: High initial installation and maintenance costs associated with Enterprise Session Border Controllers can be prohibitive for small and medium enterprises. Troubleshooting issues can also be complex requiring specialized technical skills.
Opportunity: Increasing demand for unified communications and collaboration solutions across large enterprises is driving the need for interoperability and security of real-time communications. This opens growth opportunities for vendors.
Threats: Open-source and free Session Border Controller options pose pricing pressure on established vendors. Delays in technology upgrades can also pose risk of losing market to faster innovating competitors.
Key Takeaways
The Global Enterprise Session Border Controller Market Size is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period, due to increasing demand for securing real-time communications and protecting VoIP networks in large enterprises.
Regional analysis: North America is expected to dominate the global Enterprise Session Border Controller market during the forecast period, due to rapid adoption of advanced communication technologies across all industry verticals in the region. The Asia Pacific region is anticipated to exhibit the highest growth rate owing to growing investments by enterprises in network infrastructure and presence of international solution providers.
Key players operating in the Enterprise Session Border Controller market are AudioCodes Ltd., ADTRAN, Inc., Avaya Inc., Cisco Systems, Inc., Ribbon Communications, Ingate Systems AB, Oracle Corporation, Patton Electronics Co., Anixter Inc., Nokia, Advantech Co., Ltd, Sangoma Technologies. The market is witnessing increasing strategic collaborations, partnerships and mergers & acquisitions among the top players to gain higher industry shares. For instance, in 2020, AudioCodes acquired the VoIP gateway business of MATRIXX Software to expand its product portfolio and market share.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
