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SIP Trunking growth rate increases after a slow start to the year March 26, 2015

Posted by Dominic Black in Uncategorized.
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Cavell’s latest SIP Trunking report is now available for purchase from our website. The report covers the trends and developments in the last six months of 2014 as well as market sizing and forecasts for the next five years.

The SIP market has grown significantly in the last 6 months of 2014, reaching 1,470,928 Trunks by the end of the year, a growth of 20.01% since June 2014. Compared to the first six months where the market grew by 12.66%, the growth shows the success of SIP Trunking providers in the last two quarters of 2014. SME focused providers have driven growth again, where customers are now using SIP to connect to their PBX’s instead of multiple ISDN 2 lines, reducing their costs and increasing flexibility.

The Channel has finally started to accept SIP Trunking as a viable service and Providers with a strong channel model are seeing success throughout the market. There is still a large opportunity in the channel for providers to sell SIP services and in a recent channel research project, only 60% of IT & Voice channel were currently selling SIP services.

One of the key issues in the market at the moment is the question of when the traditional ISDN market will be decommissioned. BT and Ofcom are remaining silent on this at the moment but with some large European markets starting to discuss the possibility of this, the predicted date of 2020 does not seem too far off.

If you would like more details on the full report please contact Dominic Black at dominic.black@cavellgroup.com for all enquiries or purchase at http://www.illumeresearch.com/shop-research.html

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