PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1442538
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1442538
The enterprise landscape is evolving rapidly, driven by the increasing adoption of cloud-based communication solutions and the imperative need for secure networks. In this dynamic environment, Session Border Controllers (SBCs) emerge as the cornerstone of reliable and protected communication infrastructures. According to recent insights from Fairfield Market Research, the global Session Border Controller (SBC) market is poised to witness substantial growth, projected to reach a valuation of US$ 1000 million by 2031, with a notable CAGR of 8.0% from 2024 to 2031.
The surge in demand for secure communication networks across diverse sectors such as banking, healthcare, and manufacturing propels the growth of the enterprise SBC market. With the proliferation of IP-based communication networks, the significance of advanced security solutions has become paramount. SBCs address this need by offering robust security features like encryption, firewall protection, and access control, ensuring the integrity and confidentiality of communications.
The integration of SBCs with popular communication platforms like Microsoft Teams and RingCentral optimizes organizational communication solutions, unlocking their full potential. Moreover, the expanding adoption of SBCs by Small and Medium-sized Businesses (SMBs) signifies a democratization of secure communication technologies, previously accessible primarily to large enterprises.
SBCs play a pivotal role in facilitating secure and dependable connectivity in cloud-based Unified Communications as a Service (UCaaS) and Contact Center as a Service (CcaaS) solutions. Their deployment at the network's edge ensures seamless gateway functionality between internal networks and external communication platforms, safeguarding against unauthorized access and potential cyber threats.
North America emerges as a significant market for enterprise SBCs, with a projected valuation of US$ 373 million by 2031. The region's escalating internet user base, coupled with the widespread adoption of cloud-based communication and Voice over IP (VoIP) services, underpins the robust demand for SBCs. Similarly, the United States witnesses steady market growth, driven by the imperative need for secure, cloud-based communication channels amidst the rise of remote workforces.
In the United Kingdom, the enterprise SBC market is expected to surge to US$ 51.2 million by 2031, fueled by the increasing adoption of VoIP services and cloud-based communication channels. Similarly, in China, with a projected market worth of US$ 85.6 million by 2031, the escalating demand for secure communication networks amidst a burgeoning remote workforce catalyzes market expansion.
The segment catering to session capacities of up to 200 sessions is anticipated to witness significant growth, driven by the escalating adoption of cloud-based services and UCaaS solutions. Moreover, large-scale enterprises emerge as prominent consumers of enterprise SBCs, necessitating advanced solutions to manage high call volumes and ensure robust data security.
Market players are intensifying their focus on research and development initiatives, product launches, and strategic mergers & acquisitions to fortify their market positions.
Key Companies Profiled