2014 is proving itself to be quite an exciting year for the telecommunications space. In fact, Frost & Sullivan (News - Alert) recently released an all-new strategic analysis showcasing some of the top trends and challenges in the enterprise communications marketplace. For telecom providers looking to gain a sharper competitive edge and maintain a better business strategy, this research proves invaluable.

As Frost & Sullivan shows, there are plenty of things that need to be kept in mind when striving for success in 2014. Let’s take a closer look at some of the firm’s key findings:

VoIP and SIP Continue to Drive the Media Gateway (News - Alert), E-SBC Markets

As companies transition over to VoIP and SIP in large volumes, they will continue to drive both the media gateway and E-SBC markets. In fact, VoIP and SIP serve as “the single largest driving factor,” according to Frost & Sullivan.