SIP Based IP PBX Market
SIP Based IP PBX Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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SIP Based IP PBX Market Size and Growth
The SIP Based IP PBX market research reports indicate a growing demand for scalable and cost-effective communication solutions. The market size is projected to reach $9.5 billion by 2025, driven by increasing adoption of cloudbased PBX systems in enterprises globally. Key players in the market include Cisco, Avaya, and Mitel.
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Companies Covered
(Covid 19 Impact Covered)
◍ NEC
◍ Microsoft
◍ Huawei
◍ West Unified Communications
◍ Mitel
◍ Vonage
◍ Avaya
◍ Cisco
◍ BroadSoft
◍ ShoreTel
◍ 8x8, Inc
◍ AT&T
◍ Brekeke Software
◍ Avaya
◍ Ciena (BluePlanet)
◍ Ericsson
◍ Fonality
◍ NetSapiens
The SIP Based IP PBX market is highly competitive with key players such as NEC, Microsoft, Huawei, West UC, Mitel, Vonage, Avaya, Cisco, BroadSoft, ShoreTel, 8x8, AT&T, Brekeke Software, Ciena (BluePlanet), Ericsson, Fonality, NetSapiens, RingCentral, West Corporation, and ZyXEL. These companies offer innovative solutions that drive market growth and collectively generated millions in sales revenue - Vonage $1.15 billion, 8x8 $396.9 million, RingCentral $674.8 million.
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Market Segmentation
By Application
◍ Small and Medium Sized Company
◍ Large Company
By Product
◍ Cloud-hosted
◍ On-Site (Premise)
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Market Growth
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$ 0.32 Billion
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