Communication Platform as a Service (CPaaS) Market Forecast 2033
Vishal Gupta03 Mar, 2025Technology
The global communication platform as a service (CPaaS) market size reached USD 12.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 74.8 Billion by 2033, exhibiting a growth rate (CAGR) of 21.07% during 2025-2033. Communication platform as a service (CPaaS) is a cloud-based service that allows developers to add real-time communication capabilities, such as voice, video, and messaging, to their applications, services, and business processes.
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