Communication Platform-as-a-Service (CPaaS) Market Size to Grow by USD 10.19 Billion, Solutions to be Largest Revenue-generating Component Segment - Technavio
NEW YORK, Nov. 17, 2022 /PRNewswire/ -- The "Communication Platform-as-a-Service (CPaaS) Market by Component (Solutions and Services) and Geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the communication platform-as-a-service (cPaaS) market size between 2021 and 2026 is USD 10.19 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report
The solutions segment will be a significant contributor to market growth during the forecast period. This is due to the increasing demand for network systems that can enable smooth communications across multiple end-user industries. Moreover, low-cost cloud-based solutions are being adopted by healthcare providers. These factors of the solutions segment will drive the communication platform-as-a-service market growth during the forecast period.
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North America will be the leading region with 64% of the market's growth during the forecast period. The US is the key country for the communication platform-as-a-service (cPaaS) market in North America.
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Key Topics Covered
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Component
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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