TECH SUPPLIER May 2020 - Market Forecast - Doc # US46287520

Worldwide Communications Platform-as-a-Service Forecast, 2020-2024

By: Courtney MunroeResearch Vice President, Worldwide Telecommunications Research

Abstract

This IDC study presents the forecast of worldwide revenue for the CPaaS market. IDC is forecasting that, post-COVID-19, most large enterprises will conduct most of their business on digital platforms. Companies that are not in the midst of digital transportation are at risk of, at worst, extinction or, at best, falling behind.

"CPaaS will be in integral aspect of customer engagement for enterprises over the next five years, providing the foundation for innovative differentiation," according to Courtney Munroe, research vice president, Worldwide Telecommunications Research at IDC.


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