Businesses will keep adopting SIP trunking services to the tune of $4.4 billion this year and more than $8 billion worldwide by 2018.
That’s according to a new Infonetics Research report, which tracks SIP trunking revenue, trunks and average revenue per trunk.
“There is no denying the world is moving to IP, and SIP has become the de facto solution of choice for businesses for IP connections,” said Diane Myers, principal analyst for VoIP, UC and IMS at Infonetics. “In North America, slightly more than 20 percent of the installed business trunks are SIP trunking today, with significant upside opportunity.”
Indeed, North America represents the biggest market for SIP trunking services, Infonetics found.
And, for now, most businesses are deploying SIP at the rate of one or two sites to start, not as a wholesale effort.