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CPaaS Market: 2024-2028

  • Report

  • March 2024
  • Region: Global
  • Juniper Research
  • ID: 5976633
The latest CPaaS (Communications Platform-as-a-Service) research provides a comprehensive assessment of this growing market, featuring a regional analysis and an evaluation of each of the channels that comprise CPaaS offerings, including:
  • Email
  • In-app Push Notifications
  • MMS
  • Mobile & Online Browsing Chatbots
  • RCS Business Messaging
  • Social Media
  • SMS
  • OTT Business Messaging
  • Video Services
  • Voice Services
It includes strategic recommendations for CPaaS providers, as well as comprehensive 5-year forecasts for CPaaS traffic and revenue for each channel, and for 6 key market verticals:
  • Banking
  • Government & Public Services
  • Healthcare
  • Ticketing
  • Travel & Tourism
  • Retail & eCommerce

Key Statistics

  • $28bn - Global CPaaS market value in 2024
  • $58bn - Global CPaaS market value by 2028
  • 102% - 2024 to 2028 market growth
  • 2024-2028 - Forecast period

Key Features

Future CPaaS Market Outlook: An assessment of key market trends, drivers and pain points that are anticipated to impact the growth of the CPaaS market, including:
  • AIT (Artificially Inflated Traffic) & SMS Trashing Fraud
  • API-based Service Provision
  • Generative AI on Mobile Marketing Campaigns
  • The Growth of Conversational Commerce & AI
  • The Imminent Support of RCS via Apple’s iOS Devices
  • The Impact of Rising International A2P SMS Termination Rates
  • The Rise of Mobile Identity in CPaaS
Comprehensive Industry Forecasts: An evaluation of the market outlook for 10 key CPaaS communication channels, including:
  • Email
  • In-app Push Notifications
  • MMS
  • Mobile & Online Browsing Chatbots
  • RCS Business Messaging
  • Social Media
  • SMS
  • OTT Business Messaging
  • Video Services
  • Voice Services
Competitor Leaderboard: Key player product and positioning, and capability and capacity assessment for 22 vendors within the CPaaS market, via the Competitor Leaderboard.

Country Readiness Index: Comprehensive coverage featuring country-level market analysis on the future of emerging CPaaS technologies in 60 select countries; thoroughly analysing each country’s potential readiness for disruption from services such as generative AI, rich media messaging, APIs, conversational commerce and CPaaS enablement.

Research Deliverables

  • Market Data & Forecasting Report - The numbers tell you what's happening, but our written report details why, alongside the methodologies.
  • Interactive Forecast Excel - Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
  • harvest Online Data Platform - Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
  • Market Trends & Strategies Report - A comprehensive analysis of the current market landscape, alongside strategic recommendations.
  • Competitor Leaderboard Report - Provides a visual representation of the competitive positioning of the leaders within the market.