(Fredericksburg, VA) Since the beginning of modern SIP Trunking in the early 2000s, the popularity of SIP has sky-rocketed. Many estimates place the global SIP Trunking industry value in the billions. Much of the reason behind the growing popularity with SIP lies in cheaper, more accessible, internet access.
As internet access progressively becoming cheaper, the amount of savings for the average business using SIP Trunking continues to rise. According to research by Enterprise Connect, SIP Trunking for the average customer easily costs 50% less than traditional analog lines, with costs that are decreasing at a rate of 5-7% annually.
On top of that, prices for SIP equipment, including IP phones, are also coming down every year, based on Eastern Management Group SIP pricing studies. Experts expect this trend to continue well into the next decade.
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