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The Communication Platform as a Service (CPaaS) market is projected to grow at a rate of 17.24% between 2023 and 2032, reaching a size of USD 64.32 Billion by the end of the year 2032. CPaaS is a cloud-based technology that allows organisations to profit from mobile and web apps while also providing advanced communication services such as audio, video, text messaging, and data. It enables firms to collaborate efficiently both internally and with external partners, lowering operational costs and enabling more flexible collaboration. The growing demand for cloud-based technologies is propelling the expansion of the CPaaS market.
