MarkNtel Advisors who is leading market research company, has recently published a research report, titled “Middle East & Africa Communications Platform as a Service (CPaaS) Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.
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Market Study Period
Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 20.47%
Middle East & Africa Communications Platform as a Service (CPaaS) Market Insights:
The Middle East & Africa Communications Platform as a Service (CPaaS) Market is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2023-28. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.
Middle East & Africa Communications Platform as a Service (CPaaS) Market Drivers:
Increasing Integration of Banks with CPaaS to Enhance Customer Communication Service – With the growing digital transformation in the banking sector to provide high-quality services to customers, enhanced efficiency in communication & user-friendly experience has increased the demand for cloud-based communication. In digitalization, communication platform as a service is an integral part of the banking sector in the Middle East & Africa as there is high reliability of banks on effective communications to support their operations & offer services to the customers. Therefore, the banking sector is progressively utilizing these solutions for voice & messaging to provide customer services. Moreover, factors such as the burgeoning adoption of contactless payment solutions & the growing popularity of digital banking are further expected to accelerate the growth of the market in the region.
Explore the Complete Middle East & Africa Communications Platform as a Service (CPaaS) Market Analysis Report – https://www.marknteladvisors.com/research-library/mea-communication-platform-as-a-service-market.html
Which segments are covered in the Middle East & Africa Communications Platform as a Service (CPaaS) Market Research Report?
- By Services
- Professional Services
- Integration & Implementation
- Technical support
- Consulting
- Support & Maintenance
- Others
- Managed Services
- Hosting services
- Managed Communication Services
- Others
- By Communication Channels
- Outbound Voice Calls
- Inbound Call Routing
- SMS
- Multimedia and Video Messaging
- Others (Social Media Messaging, Number Masking, WebRTC-based Calling, etc.)
- By Enterprise Size
- Small and Medium Scale Enterprise
- Large Scale Enterprise
- By End User
- Healthcare
- E-commerce and Retail
- IT and Telecom
- BFSI
- Hospitality
- Others (Media & Entertainment, Manufacturing, etc.)
- By Country
- UAE
- Saudi Arabia
- Qatar
- Israel
- Pakistan
- Turkey
- Others
- Professional Services
Top 10 Key Brands/Players in the Middle East & Africa Communications Platform as a Service (CPaaS) Market
Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:
- Infobip
- RouteSms Solutions FZE
- com
- Telesign Corporation
- Unifonic Inc.
- Ericsson (Vonage)
- Telestax
- Kandy Communications LLC
- Karix Mobile Private Limited
- CEQUENS
- Twilio
- CometChat
- Others
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/mea-communication-platform-as-a-service-market.html
Frequently Asked Questions
- Which companies dominate the Middle East & Africa Communications Platform as a Service (CPaaS) Market in terms of market share?
- What is the projected market size of Middle East & Africa Communications Platform as a Service (CPaaS) Market in 2028?
- What key factor is anticipated to propel the Middle East & Africa Communications Platform as a Service (CPaaS) Market by 2028?
- How big is the Middle East & Africa Communications Platform as a Service (CPaaS) Market?
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