The session initiation protocol (sip) trunking services market size is expected to see rapid growth in the next few years. It will grow to $34.53 billion in 2030 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to increasing enterprise digital transformation, rising migration toward cloud voice services, growing scalability needs in communication systems, expansion of hosted and managed sip services, increasing focus on telecom modernization initiatives. Major trends in the forecast period include growing adoption of voip communication services, increasing shift from traditional telephony to sip, rising demand for flexible communication connectivity, increasing use of sip for enterprise communication integration, growing preference for scalable voice communication solutions.
The growing adoption of cloud-based solutions is expected to drive the growth of the Session Initiation Protocol (SIP) Trunking Services market in the coming years. Cloud-based solutions refer to software, platforms, or services that are hosted on remote servers and accessed via the internet, enabling users to store, manage, and process data without depending on local hardware or on-premises infrastructure. The increasing use of cloud-based solutions is largely driven by scalability, as organizations can easily scale computing resources up or down as needed without investing in physical infrastructure. Cloud-based solutions support SIP Trunking services by offering scalable, flexible, and cost-effective infrastructure that simplifies management, enhances reliability, and allows seamless integration with modern communication platforms. For example, in April 2025, according to the American Bar Association, a U.S.-based professional organization, around 75% of attorneys reported using cloud computing for work-related tasks, an increase from 69% in 2023 and approximately 70% in 2022. Therefore, the rising adoption of cloud-based solutions is expected to fuel the growth of the SIP trunking services market.
Leading companies in the session initiation protocol (SIP) trunking services market are investing in advanced technologies like ANR (Automatic Node Recognition) to enhance communication solutions. ANR technology automatically detects and organizes network nodes, making it easier to manage communication systems by improving call quality, streamlining connectivity, and facilitating seamless integration with existing infrastructure. For example, in April 2024, Tonmind, a technology company, introduced the OpenScape Unified Communications Server. This platform integrates traditional voice services with video and instant messaging, offering a unified communication solution for organizations.
In January 2024, Siris Capital Group, LLC, a New York-based private equity firm specializing in technology and telecommunications investments, acquired BearCom for an undisclosed sum. This acquisition allows Siris Capital Group, LLC, to strengthen its portfolio by capitalizing on BearCom's capabilities to drive growth, enhance operational efficiencies, and create value in the technology sector. BearCom, based in the U.S., provides communication solutions and manufactures and distributes wireless communication equipment.
Major companies operating in the session initiation protocol (sip) trunking services market report are AT&T Inc., Verizon Communications Inc., Lumen Technologies, Inc., BT Group plc, Deutsche Telekom AG, Orange S.A., Telefónica S.A., Vodafone Group plc, China Mobile Limited, Singtel Group, Telstra Corporation Limited, NTT Communications Corporation, Tata Communications Limited, Bandwidth Inc., Twilio Inc., Telnyx LLC, GTT Communications, Inc., Gamma Communications plc, TalkTalk Telecom Group plc, RingCentral, Inc., Vonage Holdings Corp., CM.com N.V., MTN Group Limited.
North America was the largest region in the Session Initiation Protocol (SIP) trunking services market in 2025. Europe was the second-largest market in the SIP trunking services market. The regions covered in the session initiation protocol (sip) trunking services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the session initiation protocol (sip) trunking services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The session initiation protocol (SIP) trunking services market consists of revenues earned by entities that are engaged in providing services such as symmetrical trunking and asymmetrical trunking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Session Initiation Protocol (SIP) Trunking Services Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses session initiation protocol (sip) trunking services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for session initiation protocol (sip) trunking services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The session initiation protocol (sip) trunking services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Hosted; on-Premise2) By Organization Size: Small Businesses; Mid-Sized Businesses; Large Enterprises
3) By End-User: BFSI; Healthcare and Life Sciences; Telecommunications and IT; Government and Public Sector; Manufacturing; Consumer Goods and Retail; Media and Entertainment; Other End-Users
Subsegments:
1) By Hosted: Cloud-Based Solutions; Managed Services; Virtual SIP Trunking2) By on-Premises: Integrated Solutions With PBX; Hardware-Based SIP Trunks
Companies Mentioned: AT&T Inc.; Verizon Communications Inc.; Lumen Technologies, Inc.; BT Group plc; Deutsche Telekom AG; Orange S.a.; Telefónica S.a.; Vodafone Group plc; China Mobile Limited; Singtel Group; Telstra Corporation Limited; NTT Communications Corporation; Tata Communications Limited; Bandwidth Inc.; Twilio Inc.; Telnyx LLC; GTT Communications, Inc.; Gamma Communications plc; TalkTalk Telecom Group plc; RingCentral, Inc.; Vonage Holdings Corp.; CM.com N.V.; MTN Group Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Session Initiation Protocol (SIP) Trunking Services market report include:- AT&T Inc.
- Verizon Communications Inc.
- Lumen Technologies, Inc.
- BT Group plc
- Deutsche Telekom AG
- Orange S.A.
- Telefónica S.A.
- Vodafone Group plc
- China Mobile Limited
- Singtel Group
- Telstra Corporation Limited
- NTT Communications Corporation
- Tata Communications Limited
- Bandwidth Inc.
- Twilio Inc.
- Telnyx LLC
- GTT Communications, Inc.
- Gamma Communications plc
- TalkTalk Telecom Group plc
- RingCentral, Inc.
- Vonage Holdings Corp.
- CM.com N.V.
- MTN Group Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 21.04 Billion |
| Forecasted Market Value ( USD | $ 34.53 Billion |
| Compound Annual Growth Rate | 13.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |


