SIP Based IP PBX Market Outlook and Growth Predictions forecasted for the period 2017-2023


Published on : Apr 21, 2017

Albany, New York, April 21, 2017: SIP based IP PBX is the system that connects to the internet and use SIP protocol to make calls over the internet. The growing need of the connectivity and advancement in internet services has added to the market growth of the SIP based IP PBX. Further, to give a detailed instinct in the SIP based IP PBX, Market Research Hub (MRH) has added a report titled as “SIP Based IP PBX: Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023” in their vast offerings of research studies. The detailed report has also analyzed market shares, strategies of SIP based IP PBX which analyzes the market future growth prospects during the forecast period of 2017-2023 at the global scale.

IP PBX (Private Based Exchange) is the telephony system that can connect individual desk extension to external mobile operators or telephone lines. SIP based IP PBX is the type of PBX that has an extra feature to allow calls through the internet. Presently, IP PBX has substituted traditional PBX or phone system and has given mobility, ability to hold audio and video conferences and call free of cost. Also, SIP based IP PBX has given an extra advantage to IP PBX as it allows free calls through any VoIP provider.

SIP based IP PBX is supporting FXO, ISDN-BRI, FXS, T1, E1 and SIP trunks. SIP supports the versatile trunking expansions, including FXO, FXS, ISDN, T1 and E1. The handlers can fit into all sort of telephony environments. Research has indicated that the SIP based voice equipment and services market; PBX phone systems, voice over IP gateways, UC applications and IP phones was marketed at $14.15 billion in 2016 and are anticipated to grow strongly in the cloud computing segment to reach $59 billion by 2023.  

The report has also provided SIP PBX forecast, pricing and regional analysis for the detailed understanding of the market. SIP Based IP PBX Product description is provided for Avaya, BT/ Avaya IP PBX cloud, Equinix / Avaya, Cloud SIP Communications, Cisco, AT&T, NEC, Mitel, Microsoft SFBS Premises-Based Version of Skype, RingCentral Phone System in the Cloud, 8x8 Global Cloud Communications and Ericsson Multimedia Telephony Application Server.

Lastly, SIP based IP PBX market participants are listed:

  • 8x8
  • AT&T
  • Brekeke Software
  • BT / Avaya IP PBX Cloud
  • Ciena / BluePlanet
  • Cisco Systems
  • Equinix / Avaya Cloud SIP Communications
  • Ericsson
  • Fonality
  • NetSapiens
  • RingCentral Next-Gen Competitor
  • Vonage
  • West Corporation
  • ZyXEL

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