Surveys indicate that SIP growth is becoming stronger
According to recent results from a study conducted by the Eastern Management Group in their “SIP forecast”, the growth for SIP Trunk and phone solutions in 2017 should beat IT, and continue to beat it right the way through to 2020. This information comes from a survey of over 3,500 global IT managers.
Currently, the global areas with the largest amount of growth are the Middle East, Africa, and Asia Pacific. The growth rate within these areas is far stronger than in Europe or the US. However, though these areas are still maturing, they still exceed the projected levels for the complete IT market during the forecasted period by around 50%.
During the first and second quarters of 2017, the global market for SIP services in 2017 have remained strong. Since the last study from Eastern Management Group in 2013, the market has seen a number of changes driving SIP trunking and VoIP phones. For instance, cost is a large driver of SIP sales, as trunking costs around 50% less than standard networks. Additionally, prices for SIP are dropping by around 5-7% each year.
Though there are many factors driving SIP sales besides cost, here, we’ll outline just eight of them:
These important drivers, among others, are beginning to develop SIP sales at a new level, while many end-users have some manner of SIP implementation today. It may be a long time before SIP demand starts to fall.