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European Communications-Platform-as-a-Service Forecast, 2024–2028

Publisher IDC
Published Dec 19, 2024
Length 11 Pages
SKU # IDC19430451

Description

European Communications-Platform-as-a-Service Forecast, 2024–2028


This IDC Market Forecast assesses the European CPaaS market from 2023 to 2028 and provides insight into the underlying forces impacting the market over the forecast period."The CPaaS market will remain dynamic in the foreseeable future. Despite challenging times in the market in recent years, IDC expects the CPaaS market will continue to record healthy growth over the forecast period, driven by advanced new solutions (e.g., those based on generative AI [GenAI]) and new opportunities in the wider network API ecosystem.— Senior Research Manager Melissa Holtz-Fremeijer, Infrastructure and Communications, IDC Europe

Table of Contents

11 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Accelerated DX and CX Resiliency

(Generative) AI and Automation

Adoption of Network APIs

Inhibitors

Impact of Socio-Economic and Political Volatility

Significant Market Developments

Highlights from IDC's European End User Survey

Supply-Side Market Trends

Changes from Prior Forecast

Market Definition

Methodology

Related Research

Pricing

Currency Rates
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