DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cxpmhz/global_softswitch) has announced the addition of the "Global Softswitch Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Softswitch market to grow at a CAGR of 4 percent over the period 2011-2015. One of the key factors contributing to this market growth is the reduced risk of vendor lock-in. The Global Softswitch market has also been witnessing the increasing demand for mobile softswitches. However, the high cost of VoIP phones could pose a challenge to the growth of this market.
Key vendors dominating this space include Alcatel-Lucent, Ericsson Inc., Genband Inc., Huawei Technologies Co. Ltd., and Sonus Neworks Inc.
Other vendors mentioned in the report are Nokia Siemens Networks, ZTE Corp., Metaswitch Networks, Dialogic Inc., Cisco Systems Corp., and Italtel Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''Even though the market was contracting during the last few years, the demand for mobile softswitches has been consistent. The main benefit of mobile softswitches is their improved scalability and flexibility. They can be easily deployed to handle the increasing voice traffic. They also support video telephony. This would be highly beneficial for enterprises. Service providers across all the geographies are expected to invest in mobile softswitches as they support VoLTE, which is expected to become extremely popular in the coming years.''
According to the report, the reduced risk of vendor lock-in is the main factor that encourages service providers to opt for softswitches. The switching structure of a private branch exchange (PBX) is maintained by softswitches. Softswitches can be downloaded and used on normal computer servers. Hence, the inbuilt computer processer manages some of the switching and the rest is managed by network switches. Unlike traditional network switches, softswitches are independent of hardware components. This reduces the risk of vendor lock-in. Softswitch APIs can function on any given hardware and they use computer servers to carry out the processes.
For more information visit http://www.researchandmarkets.com/research/cxpmhz/global_softswitch.