Communication Platform as a Service Market Size, Share, and Trends 2024 to 2034

The global communication platform as a service market size is calculated at USD 22.89 billion in 2025 and is forecasted to reach around USD 108.12 billion by 2034, accelerating at a CAGR of 18.83% from 2025 to 2034. The North America market size surpassed USD 6.16 billion in 2024 and is expanding at a CAGR of 19.02% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 6102
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Communication Platform as a Service Market 

5.1. COVID-19 Landscape: Communication Platform as a Service Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Communication Platform as a Service Market, By Component

8.1. Communication Platform as a Service Market, by Component

8.1.1 Solution

8.1.1.1. Market Revenue and Forecast

8.1.2. Service

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Communication Platform as a Service Market, By Enterprise Size

9.1. Communication Platform as a Service Market, by Enterprise Size

9.1.1. Large Enterprises

9.1.1.1. Market Revenue and Forecast

9.1.2. Small & Medium Enterprises (SMEs)

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Communication Platform as a Service Market, By End User

10.1. Communication Platform as a Service Market, by End User

10.1.1. BFSI

10.1.1.1. Market Revenue and Forecast

10.1.2. IT & Telecom

10.1.2.1. Market Revenue and Forecast

10.1.3. Retail & E-commerce

10.1.3.1. Market Revenue and Forecast

10.1.4. Healthcare

10.1.4.1. Market Revenue and Forecast

10.1.5. Transportation & Logistic

10.1.5.1. Market Revenue and Forecast

10.1.5. Travel & Hospitality

10.1.5.1. Market Revenue and Forecast

10.1.5. Others

10.1.5.1. Market Revenue and Forecast

Chapter 11. Global Communication Platform as a Service Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Component

11.1.2. Market Revenue and Forecast, by Enterprise Size

11.1.3. Market Revenue and Forecast, by End User

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Component

11.1.4.2. Market Revenue and Forecast, by Enterprise Size

11.1.4.3. Market Revenue and Forecast, by End User

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Component

11.1.5.2. Market Revenue and Forecast, by Enterprise Size

11.1.5.3. Market Revenue and Forecast, by End User

11.2. Europe

11.2.1. Market Revenue and Forecast, by Component

11.2.2. Market Revenue and Forecast, by Enterprise Size

11.2.3. Market Revenue and Forecast, by End User

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Component

11.2.4.2. Market Revenue and Forecast, by Enterprise Size

11.2.4.3. Market Revenue and Forecast, by End User

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Component

11.2.5.2. Market Revenue and Forecast, by Enterprise Size

11.2.5.3. Market Revenue and Forecast, by End User

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Component

11.2.6.2. Market Revenue and Forecast, by Enterprise Size

11.2.6.3. Market Revenue and Forecast, by End User

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Component

11.2.7.2. Market Revenue and Forecast, by Enterprise Size

11.2.7.3. Market Revenue and Forecast, by End User

11.3. APAC

11.3.1. Market Revenue and Forecast, by Component

11.3.2. Market Revenue and Forecast, by Enterprise Size

11.3.3. Market Revenue and Forecast, by End User

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Component

11.3.4.2. Market Revenue and Forecast, by Enterprise Size

11.3.4.3. Market Revenue and Forecast, by End User

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Component

11.3.5.2. Market Revenue and Forecast, by Enterprise Size

11.3.5.3. Market Revenue and Forecast, by End User

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Component

11.3.6.2. Market Revenue and Forecast, by Enterprise Size

11.3.6.3. Market Revenue and Forecast, by End User

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Component

11.3.7.2. Market Revenue and Forecast, by Enterprise Size

11.3.7.3. Market Revenue and Forecast, by End User

11.4. MEA

11.4.1. Market Revenue and Forecast, by Component

11.4.2. Market Revenue and Forecast, by Enterprise Size

11.4.3. Market Revenue and Forecast, by End User

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Component

11.4.4.2. Market Revenue and Forecast, by Enterprise Size

11.4.4.3. Market Revenue and Forecast, by End User

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Component

11.4.5.2. Market Revenue and Forecast, by Enterprise Size

11.4.5.3. Market Revenue and Forecast, by End User

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Component

11.4.6.2. Market Revenue and Forecast, by Enterprise Size

11.4.6.3. Market Revenue and Forecast, by End User

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Component

11.4.7.2. Market Revenue and Forecast, by Enterprise Size

11.4.7.3. Market Revenue and Forecast, by End User

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Component

11.5.2. Market Revenue and Forecast, by Enterprise Size

11.5.3. Market Revenue and Forecast, by End User

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Component

11.5.4.2. Market Revenue and Forecast, by Enterprise Size

11.5.4.3. Market Revenue and Forecast, by End User

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Component

11.5.5.2. Market Revenue and Forecast, by Enterprise Size

11.5.5.3. Market Revenue and Forecast, by End User

Chapter 12. Company Profiles

12.1. TWILIO INC.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Avaya Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Vonage America, LLC

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. MessageBird

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Infobip Ltd.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Plivo Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Telnyx LLC

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. TEXTUS

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Voximplant

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Bandwidth Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global communication platform as a service market is expected to increase from USD 19.26 billion in 2024 to USD 108.12 billion by 2034.

The communication platform as a service market is expected to grow at a compound annual growth rate (CAGR) of around 18.83% from 2025 to 2034.

The major players in the communication platform as a service market include TWILIO INC., Avaya Inc., Vonage America, LLC, MessageBird, Infobip Ltd., Plivo Inc., Telnyx LLC, TEXTUS, Voximplant, and Bandwidth Inc.

The driving factors of the communication platform as a service market are the Businesses are increasingly seeking unified communication solutions (Voice, Video, SMS, chat, etc.) across multiple customer touchpoints. 

North America region will lead the global communication platform as a service market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client