Enterprise Session Border Controllers (ESBC) assist in securing SIP trunking communications and mitigating security threats that can arise due to interconnection of enterprise VoIP networks with service provider networks and the public internet. They allow enterprises to address regulatory compliance requirements related to data security and privacy while enabling unified communications deployments across multiple locations. With the increasing adoption of cloud computing and unified communications across various industry verticals, the global demand for ESBC's is rising significantly.
The global enterprise session border controller market is estimated to be valued at US$ 545.19 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The rising number of VoIP subscriptions and transition from on-premise unified communications to cloud-based unified communications is creating the need for robust network security solutions like ESBC. According to Coherent Market Insights estimates, the number of global UCaaS subscriptions is estimated to reach over 1.2 billion by 2030, up from 452.16 million in 2023. This rapid growth in unified communications subscriptions will propel the ESBC market growth over the forecast period. ESBC's play a crucial role in securing real-time communications between enterprise on-premise systems or branch offices and cloud-based unified communications services of telecom service providers. They ensure VoIP traffic security and address issues like denial of service attacks and toll fraud. The increasing security requirements of real-time communications driven by growing IP traffic volumes is another major factor fueling the adoption of ESBC's worldwide.
SWOT Analysis
Strength: The Enterprise Session Border Controller market offers several benefits such as enhanced network security, centralized call routing and connectivity across multiple networks. It provides improved quality of voice calls and multimedia sessions, reduced latency and more reliable connections. The ESBC solutions allow seamless integration of different network infrastructures for efficient communication.
Weakness: Implementing ESBC solutions involve high initial investment costs which can strain budget of small and medium enterprises. Regular upgradation of ESBC equipment is also an additional expenditure. Lack of technical expertise for handling complex ESBC systems is another challenge faced by many organizations.
Opportunity: Growing demand for Unified Communications as a Service (UCaaS) and network transformation is creating new revenue opportunities for ESBC providers. Incorporation of advanced technologies like AI, analytics, IoT is helping ESBC vendors differentiate their offerings. Increased uptake of cloud-based options is also expanding the addressable market for ESBC players.
Threats: Stiff price competition among existing ESBC vendors may squeeze profit margins. Open source and free attendance border controller alternatives can eat into revenues. Cyber threats are a constant challenge as ESBC systems control access to networks. Shift towards direct internet connectivity can lessen the significance of traditional session border solutions over time.
Key Takeaways
The Global Enterprise Session Border Controller Market Size is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis: North America is currently the largest and fastest growing market for ESBC solutions. This can be attributed to heavy investments in networking infrastructure upgrade and digital transformations by many organizations across sectors. Key players operating in the region include Proctor & Gamble Chemicals, Dial Corporation, Croda, Dow Chemicals which collectively account for over 40% market share.
Key players operating in the Enterprise Session Border Controller market are Proctor & Gamble Chemicals, Dial Corporation, Croda, Dow Chemicals, Godrej Industries Ltd., Emery Oleochemicals, IOI Group, Kuala Lumpur Kepong Berhad, Wilmar International, and Sofiprotéol Group. Proctor & Gamble Chemicals dominates the market.
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