Virtual Session Controller Border Market TOC
Virtual Session Border Controller Market size is anticipated to reach USD 910 million by the end of 2036, growing at a CAGR of 8.27% during the forecast period i.e., 2024-2036. In the year 2023, industry size of virtual session border controller was over USD 330 million.
New product launches, mergers, and acquisitions, obtaining investments from well-known companies to improve and bring safe and innovative offerings to the consumer base, growing the clientele, fortifying the company's position in the market, and broadening its geographic reach are examples of growth strategies. Virtual session border controller is a new trend in the industry that underline these techniques more and more. For instance,a new addition to the company's acclamed lineup of cloud-based virtual session border controllers, ProSBC+ was released in March 2022 by TelcoBridges, a top designer and manufacturer of carrier-grade VoIP gateways and virtual session border controllers. TelcoBridges' SBC offering gains ProSBC+'s high-availability capabilities and round-the-clock support services, which are commonly requested by service providers. ProSBC+'s launch is a part of a reorganized product range that more effectively meets customer needs.
The rapid advancement of communication technology has brought about a total transformation in the way telecom providers provide their services. In contemporary communication networks, one of the most crucial components is the Virtual Session Border Controller. SBCs are a crucial part of today's telecom infrastructure because they ensure that voice and multimedia communications over IP networks are compatible, reliable, and secure. Offering SBC as a service can benefit telecom operators in a number of ways, particularly given the growing demand for cloud-based applications.
Author Credits: Abhishek Verma
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