U.S. SIP Trunking Services Market to 2032
Overview
The U.S. SIP Trunking Services Market is expected to reach a 15.67 USD Billion by 2032 and is projected to grow at a CAGR of 15.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
4.84
Forecast, 2032 (USD Billion)
15.67
CAGR, 2024 - 2032
15.90%
Report Coverage
U.S.
U.S. SIP Trunking Services Market 2018-2032 USD Billion
U.S. SIP Trunking Services Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 4.84 USD Billion
- Projected Market Size (2032): 15.67 USD Billion
- CAGR (2025-2032): 15.90%
Key Findings of U.S. SIP Trunking Services Market
- The U.S. SIP Trunking Services Market was valued at 4.84 USD Billion in 2024.
- The U.S. SIP Trunking Services Market is likely to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Channelized SIP Trunks in Pricing Segment accounted for the largest share of the market with a revenue of 3.25 USD Billion
- The fastest growing segment Cloud in Deployment Type Segment grew Fastest with a CAGR of 17.50% during the forecast period from 2024 to 2032.
U.S. SIP Trunking Services Market Scope
U.S. SIP Trunking Services Market Segmentation & Scope
End-User
- Others
- Logistics And Transportation
- Hotels And Hospitality
- Education And Research
- Media And Entertainment
- Manufacturing
- Retail And E-commerce
- Government And Public Sector
- Healthcare And Life Sciences
- IT And Telecommunication
- Banking, Financial Service & Insurance
Application
- Others
- IOT & Smart Devices Integration
- Global/International Communication
- Disaster Recovery & Business Continuity
- Cost Optimization & Network Convergence
- Mobile & Remote Workforce Enablement
- Call Centers / Contact Centers
- Unified Communications (UC)
- Enterprise Telephony
Pricing
- Metered SIP Trunks
- Channelized SIP Trunks
Operating Model
- Linux
- MAC OS
- Android
- Ios
- Windows
Deployment Type
- Hybrid
- Cloud
- On-Premise
Organization Size
- Small And Medium Enterprises (SMEs)
- Large Enterprise
Connectivity
- Shared/Over-The-Internet SIP Trunks
- Dedicated SIP Trunks
Service Type
- Others
- Streaming Media
- Desktop Sharing
- SMS Text Messaging
- Web Conferencing
- Video
- Voice
U.S. SIP Trunking Services Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 4.84 USD Billion |
| Market Value in 2032 | 15.67 USD Billion |
| CAGR (2025-2032) | 15.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Application,Pricing,Operating Model,Deployment Type,Organization Size,Connectivity,Service Type |
Regional Insights:
-
Leading Market (2024-2032): U.S., leading in terms of revenue 4.84 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 4,840.75 USD Million in 2024.
Segments and Scope
-
U.S. SIP Trunking Services Market to 2032, By End-User
- Banking, Financial Service & Insurance is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 1.14 USD Billion in the year 2024.
- Healthcare And Life Sciences is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 16.26 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Application
- Enterprise Telephony is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 1.43 USD Billion in the year 2024.
- IOT & Smart Devices Integration is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 16.17 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Pricing
- Channelized SIP Trunks is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 3.25 USD Billion in the year 2024.
- Metered SIP Trunks is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 15.78 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Operating Model
- Windows is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 2.53 USD Billion in the year 2024.
- Android is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 15.81 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Deployment Type
- On-Premise is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 2.94 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 15.04 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Organization Size
- Large Enterprise is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 3.19 USD Billion in the year 2024.
- Small And Medium Enterprises (SMEs) is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 15.36 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Connectivity
- Dedicated SIP Trunks is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 2.80 USD Billion in the year 2024.
- Dedicated SIP Trunks is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 16.34 % in forecast period 2025-2032.
-
U.S. SIP Trunking Services Market to 2032, By Service Type
- Voice is the largest segment in U.S. SIP Trunking Services Market to 2032 with a revenue of 2.42 USD Billion in the year 2024.
- Web Conferencing is the Fastest growing segment in U.S. SIP Trunking Services Market to 2032 with a Growth rate of 15.87 % in forecast period 2025-2032.
U.S. SIP Trunking Services Market Company Share Analysis
| Company Name |
|
||
| TWILIO INC. | |||
| Verizon | |||
| Rogers Communications | |||
| 8x8, Inc. | |||
| GTT Communications, Inc. | |||
U.S. SIP Trunking Services Market Geographical Sales Distribution, 2018-2032 USD Billion
U.S. SIP Trunking Services Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The U.S. SIP Trunking Services Market is segmented based on Segmentation End-User,Application,Pricing,Operating Model,Deployment Type,Organization Size,Connectivity,Service Type.
U.S. SIP Trunking Services Market was valued at USD 4.84(Revenue in USD Billion) in 2024.
U.S. SIP Trunking Services Market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The Channelized SIP Trunks segment is expected to dominate the U.S. SIP Trunking Services Market, holding a largest market share of 3.25 USD Billion in 2024
U.S. SIP Trunking Services Market Scope
U.S. SIP Trunking Services Market Segmentation & Scope
End-User
- Others
- Logistics And Transportation
- Hotels And Hospitality
- Education And Research
- Media And Entertainment
- Manufacturing
- Retail And E-commerce
- Government And Public Sector
- Healthcare And Life Sciences
- IT And Telecommunication
- Banking, Financial Service & Insurance
Application
- Others
- IOT & Smart Devices Integration
- Global/International Communication
- Disaster Recovery & Business Continuity
- Cost Optimization & Network Convergence
- Mobile & Remote Workforce Enablement
- Call Centers / Contact Centers
- Unified Communications (UC)
- Enterprise Telephony
Pricing
- Metered SIP Trunks
- Channelized SIP Trunks
Operating Model
- Linux
- MAC OS
- Android
- Ios
- Windows
Deployment Type
- Hybrid
- Cloud
- On-Premise
Organization Size
- Small And Medium Enterprises (SMEs)
- Large Enterprise
Connectivity
- Shared/Over-The-Internet SIP Trunks
- Dedicated SIP Trunks
Service Type
- Others
- Streaming Media
- Desktop Sharing
- SMS Text Messaging
- Web Conferencing
- Video
- Voice
Frequently Asked Questions
The U.S. SIP Trunking Services Market is segmented based on Segmentation End-User,Application,Pricing,Operating Model,Deployment Type,Organization Size,Connectivity,Service Type.
U.S. SIP Trunking Services Market was valued at USD 4.84(Revenue in USD Billion) in 2024.
U.S. SIP Trunking Services Market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. SIP Trunking Services Market for final year is USD 15.67 (USD Billion).
U.S. SIP Trunking Services Market Company Profiling
Frequently Asked Questions
The U.S. SIP Trunking Services Market is segmented based on Segmentation End-User,Application,Pricing,Operating Model,Deployment Type,Organization Size,Connectivity,Service Type.
U.S. SIP Trunking Services Market was valued at USD 4.84(Revenue in USD Billion) in 2024.
U.S. SIP Trunking Services Market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. SIP Trunking Services Market for final year is USD 15.67 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.