Worldwide Communications Platform as a Service Forecast, 2021–2025
This IDC study presents the forecast of worldwide revenue for the CPaaS market for 2021–2025.The communications platform as a service segment performed as expected in 2020, with strong growth based on the strength of digital transformation acceleration. According to Courtney Munroe, research vice president, Worldwide Telecommunications Research at IDC, "The next few years will see continued expansion as companies realize the benefits of digital engagement and adopt more sophisticated multichannel engagements."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Economic Outlook: Pandemic Impacts
- Implementing Complementary Solutions
- Facilitate Multichannel Marketing
- Inhibitors
- Industry Confusion
- Exuberant Industry M&A
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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