The 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 (SBCs) are network devices that secure, optimize and monitor SIP-based real-time communications. SBCs provide functions like enterprise-to-enterprise interoperability, network edge security, regulatory compliance and service provider integration. They help enterprises securely connect their SIP trunking services or VoIP infrastructure with the public switched telephone network or other network operators.

 

Market key trends:

One of the key trends driving the enterprise session border controller market growth is the rising demand for secure networking and communication from enterprises. With growing security threats like denial-of-service attacks and port stealing over unsecured networks, SBCs provide robust security features like firewall, encryption, authentication and application layer firewall to enterprises. Their ability to filter unauthorized traffic, prevent toll frauds and secure real-time communications is increasing adoption. SBCs also help enterprises integrate VoIP networks, private branch exchanges and SIP trunking systems more securely and optimize voice and video traffic effectively over varying network conditions.

 

Porter's Analysis

Threat of new entrants: Low as it requires large investments and established distribution channels. Bargaining power of buyers: Moderate as there are multiple suppliers but customers demand high quality services. Bargaining power of suppliers: Low due to presence of numerous component manufacturers. Threat of new substitutes: Low as SBCs continue to remain integral for enterprise VoIP networks. Competitive rivalry: High among key players to sustain in the market.
 

SWOT Analysis

Strengths: Provides seamless connectivity, interoperability, security and advanced routing features. Weaknesses: High upfront costs and complex deployment process. Opportunities: Growth in cloud-based business communications and UCAAS. Threats: Vulnerable to cyber threats and technological shifts affecting legacy systems.

 

Key Takeaways

The Global Enterprise Session Border Controller Market Growth  is expected to witness high, exhibiting CAGR of 6.9% over the forecast period, due to increasing adoption of cloud-based UC solutions. North America dominates the market currently and is expected to maintain its leading position over the forecast period as well, owing to early technology adoption and high spending on digital transformation initiatives in the region.

The Asia Pacific region is anticipated to grow at the fastest pace during the forecast period. This is attributed to growing adoption of digital technologies across industries and increasing investments by major players to tap into the massive potential offered by emerging economies in the region.

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 major players are focusing on new product launches and investments in R&D to strengthen their market position.

For more insights, read-  https://www.dailyprbulletin.com/enterprise-session-border-controller-market-share-size-and-growth-share-trends-analysis-demand-forecast/