Global CPaaS market to reach $25 billion by 2025

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A new study from Juniper Research has found the total value of the CPaaS (Communications-Platform-as-a-Service) market will reach $25 billion in 2025; rising from $7 billion this year. CPaaS platforms provide a centralised management service for outbound communications including SMS, OTT business messaging, RCS and voice services. The study identified the ability to make payments over services such as RCS (Rich Communication Services) and OTT messaging as a key future driver of global CPaaS revenue … More →

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Read the original article: Global CPaaS market to reach $25 billion by 2025