CPaaS Market Shows 15% YoY Growth, According to Synergy Research.

INTERNET BUSINESS NEWS-(C)1995-2023 M2 COMMUNICATIONS

Synergy Research Group has reported data that finds the CPaaS market continues to demonstrate strong market growth, providing a solid foundation for increased development of communication and software technologies, the company said.

CPaaS growth creates and enhances new customer interactions and experiences.

Synergy's 2Q 2023 market share report shows CPaaS market grew over 15% rolling year over year worldwide with Twilio maintaining its number one market share ranking.

Synergy tracks two submarkets under CPaaS: Telco APIs and Email APIs. Telco APIs would include API oriented and usage-based...

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