Professional SMS and CPaaS Market
Professional SMS and CPaaS Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Professional SMS and CPaaS Market Size and Growth
The global Professional SMS and CPaaS market is experiencing significant growth due to the increasing demand for effective communication solutions in businesses. The market size is projected to reach USD 10.3 billion by 2025, driven by the rise in mobile usage and the need for streamlined customer engagement strategies.
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Companies Covered (Covid 19 Impact Covered)
◍ Twilio
◍ RingCentral
◍ Infobip
◍ Sinch
◍ Nexmo (Vonage)
◍ SAP Digital Interconnect
◍ OpenMarket Inc.
◍ Telesign
◍ MessageBird
◍ Bandwidth
◍ IMImobile
◍ Avaya OneCloud
◍ Route Mobile Limited
◍ Kaleyra
◍ Wavy
◍ Zenvia
◍ Vibes
◍ Plivo
The Professional SMS and CPaaS Market is highly competitive with companies like Twilio, Infobip, and Sinch dominating the space. These companies provide communication solutions to enterprises, helping them enhance customer engagement and drive business growth. Sales revenue of Twilio was $1.76 billion, Sinch was $733 million, and Infobip was $484 million in 2020. Request
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Market Segmentation
By Application
◍ BFSI
◍ Media
◍ Retail
◍ Travel & Leisure
◍ Public Sectors
◍ Logistics
◍ Healthcare
◍ Others
By Product
◍ A2P SMS
◍ CPaaS (Voice)
◍ CPaaS (Video)
◍ CPaaS (Message excluding SMS)
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$ X Billion USD
Market Growth
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