The SIP trunking market is expected to rise more than 14% in compound annual growth rate (CAGR) through into 2030.
What is SIP Trunking?
SIP or Session Initiation Protocol is the process of moving communication packets like video meetings, phone calls, messages and chat groups, through channels to their final destination. This protocol carries these packets between two endpoints over internet connection.
How is VoIP involved in SIP trunking?
Voice over Internet Protocol (VoIP) plays a huge part in SIP trunking. PBXs are moved to a cloud-based environment therefore eliminating the need for both Primary and Basics Rate Interface. VoIP is able to integrate with multiple software services to expand voice functionality.
If you are looking to simplify your business processes, be sure to work with your VoIP provider to hook you up with placing virtual phone calls through SIP trunking.
8 Benefits of SIP Trunks
To be successful and grow in this global market, you need to strive to remain competitive, lower your overall expenses and remove any applications that are unnecessary. Here are eight ways SIP trunking can help you:
1. Say goodbye to costly PBX maintenance!
Upgrade to a VoIP system without completely ditching your current setup. Just a few clicks and you’ll be able to enjoy all the cool features. Already in the cloud? Set up your virtual PBX, UCaaS, CCaaS or CPaaS software in a snap with a VoIP provider.
2. Save big bucks with SIP Trunking!
Research shows that companies can save up to 50% in telecom costs with SIP trunks. No more physical phone lines and complicated billing. SIP trunks turn long-distance and international calls into local ones. Flexible pricing options including a subscription, usage or hybrid based. Enjoy low setup costs. Let your service provider handle the management and enjoy the cost savings!
3. Expand your reach with SIP!
No more pricey toll-free numbers for voice coverage. Use SIP for a local 2-way presence, even without a physical location. Boost trust and answer rates with global call coverage. Drive more revenue-led conversations and grow your business!
4. Grow with ease using SIP Trunking!
Instantly add more virtual lines as you need them. Zero risk and no prerequisites. Scale up your business with ease and reach new heights!
5. Streamline communication with Secure SIP Trunking!
Enhance collaboration with unified communications. Elevate user experience with easy access to call logs, detailed analytics, call recording, and instant number provisioning. With SIP trunking, you can simplify your tech stack and save money by consolidating all communications under one reliable IP network. Coordinate multiple carriers from one platform for more time back in your day!
6. Smooth experience for Remote work.
SIP trunking allows remote work with seamless communication via internet-based VoIP. Teams can work from anywhere in the world with a unified desktop and mobile experience.
7. Improved Reliability.
By using a reliable SIP trunk provider, you can improve your phone service reliability and call quality. This can also enhance your call continuity plan by using multiple SIP trunks to reduce potential downtime in emergencies. To ensure a reliable connection and call quality, configure QoS on your hardware device, utilize compression and codecs, and upgrade your network speed and bandwidth (at an additional cost). Codecs (software that converts audio signals into digital data before being transmitted), can either minimize bandwidth for multiple concurrent calls or prioritize voice quality at the cost of increased bandwidth requirements.
8. Fraud Protection.
SIP trunking using internet-based communication can raise security concerns, but SIP providers offer fraud protection by monitoring for suspicious activity, applying cybersecurity measures, and partnering with IT teams to enforce password policies, authentication, and call parameters. Choose a provider with added security layers during media transmission and Transport Layer Security (TLS) and Secure Real-Time Protocol (SRTP).
In essence, SIP trunking is a cost-saving and productivity-boosting solution for businesses that want to minimize security threats. Partnering with a reliable SIP trunk provider is key to unlocking its full potential. However, not all SIP providers are the same, so it’s important to carefully choose the right one to ensure success.
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