Research > Market Share: Communications Platform as a Service (CPaaS), 2025, Worldwide
27.03.2025
Domain:Digital Workplace & Collaboration
Sub Domain:Unified Communications
Price:$ 4,900
Market Share: Communications Platform as a Service (CPaaS), 2025, Worldwide
Report Description:
QKS Group reveals a Communications Platform as a Service (CPaaS) market is expected to grow at a compound annual growth rate of 25.98% through 2030.
In the CPaaS market, the leading vendors provide features to support continuous digital collaboration that help organizations with their communication APIs. These may include investing in advanced capabilities such as omnichannel approach, advanced messaging, conversational API, security, payments, and contact centers. Driven by the maturity of artificial intelligence and IoT, CPaaS vendors are increasingly augmenting these capabilities to support advanced functionalities and improve end-user experiences. CPaaS providers are also rapidly incorporating capabilities such as messaging, application-to-person (A2P), security, two-factor authentication (2FA), and AI-centric APIs.
The uncertainty of markets around situations like COVID-19 drove organizations to adopt digital collaboration and communication, resulting in the rapid growth of these solutions. The necessity to deliver quality SMS services and voice calls has prompted many new and existing enterprises to launch their own solutions to provide clients with a robust and flexible platform.
Quadrant Knowledge Solutions defines “CPaaS, also known as Communications Platform as a Service, is a real-time, cloud-based customizable platform that provides businesses with solutions to connect with their customers. CPaaS vendors provide communication APIs such as voice, video, messaging service, 2FA (two-factor authentication), and others which simplify the programming process to incorporate real-time communication services. It is a solution used by developers to embed an enterprise or business application with communication capabilities that deliver better communication and customer experience. CPaaS ensures better in app calling, better reach, preferred customer channel, changing communication needs and better customer engagement that results in improved communication which in turn provides better business outcomesâ€.
In the CPaaS market low-code, no-code is expected to grow exponentially going forward. Enterprises are realising the reduced time and costs which go into creating low code, no code-based solutions. Further, End to end encryption (E2EE) has entered the mainstream market on account of organizations like WhatsApp. Privacy and security are fundamentally vital to any business in the current market, and E2EE can give more prominent information security, making security and compliance key decision-making variables in the assessment of CPaaS suppliers. Furthermore, as ultra-broadband cellular networks become more widely available, 5G networks will decrease latency and enhance the clarity of video sessions on mobile devices, even while the user is on the go. This will boost developers' confidence in incorporating live interactive video into their customer experience offerings, as they can be assured that consumers in highly populated areas will not experience disappointment or frustration.
Key questions this study will answer:
Vendors covered in this study:
8x8, Airtel, Alcatel-Lucent Enterprises, Alibaba, Amazon Web Services (AWS), AT&T, Avaya, Bandwidth, BICS, Cisco, CM.com, Comviva, Gupshup, Infobip, IntelePeer, Kaleyra, LINK Mobility, Mavenir, MessageBird, Microsoft, Mitto, Plivo, Radisys, Route Mobile, Sinch, Soprano Design, Syniverse, Tanla, TeleSign, Telnyx, Tencent, Twilio, Vonage, Voximplant, and Zenvia.
Table of Content:
Chapter 01: Research Summary
Chapter 02: Market Overview
Chapter 03: Market Share Analysis
Chapter 04: Analyst Recommendations
Chapter 05: Appendix
Authors
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