MarkNtel Advisors recently published a report, titled, ” Asia-Pacific Communication Platform as a Service (CPaaS) Market By Services (Professional Services (Integration & Implementation, Technical support, Consulting, Support & Maintenance, Others), Managed Services (Hosting service, Managed communication services, Others)), By Enterprise Size (Small & Medium Scale Enterprise, Large Scale Enterprise), By End User (Healthcare, E-commerce & Retail, IT & Telecom, BFSI, Hospitality, Others (Media & Entertainment, Manufacturing, etc.). As per as the report The Asia Pacific (APAC) Communication Platform as a Service (CPaaS) Market is projected to grow at a 33.39% CAGR during the forecast period, i.e., 2022-27.
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Growth Restraints: Security & Access Control of Data to Restrain the Market Growth
Owing to the various advantages of CPaaS such as improved organization productivity, integration of third-party apps, etc., have encouraged various enterprises to shift from on-premise communications to cloud-based platforms & APIs. However, the use of APIs could possess several challenges, as open APIs could leave the data of enterprises exposed, which could lead to unwanted access of the data.
When the credentials are stolen, the API abuse also becomes a major challenge for the enterprises, as the abuse could even risk the safety of the company budget depending upon the stolen credential’s level of access. Hence, choosing an API vendor with poor security could risk the security of the enterprise data.
The wireless internet & mobile apps developers prefe native communication capabilities that could be easily integrated into their platform. The CPaaS allows the enterprises to integrate native communication capabilities with simple API interactions that help developers deploy & customize the services according to their need.
Moreover, as the API security depends upon the security of the CPaaS platform, the codes written by the developers require to have best security practices, including authentication, and the implementation of API, to match the specifications. Hence, poor implementation, could also make the data security vulnerable. Thus, data security is a major concern in the implementation of CPaaS.
Leading Companies in Asia-Pacific Communication Platform as a Service (CPaaS) Market:
Twilio, Vonage (Ericson) , Sinch, Tanla Platforms, Route Mobile, Telestax, Syniverse, RingCentral, Others.
Asia-Pacific Communication Platform as a Service (CPaaS) Market Segmentation:
By Services
-Professional Services
-Integration & Implementation
-Technical support
-Consulting
-Support & Maintenance
-Others
Managed Services
-Hosting services
-Managed communication services
-Others
By Enterprise Size
-Small & Medium Scale Enterprise
-Large Scale Enterprise
By End User
-Healthcare
-E-commerce & Retail
-IT & Telecom
-BFSI
-Hospitality
-Others (Media & Entertainment, Manufacturing, etc.)
Get Full Access Of Asia-Pacific Communication Platform as a Service (CPaaS) Market Report : https://www.marknteladvisors.com/research-library/asia-pacific-communication-platform-as-a-service-cpaas-market.html
By Country
-China
-India
-Japan
-South Korea
-ANZ Region
-ASEAN Region
-Others.
Key questions answered in the Asia-Pacific Communication Platform as a Service (CPaaS) Market are:
•What is Asia-Pacific Communication Platform as a Service (CPaaS) Market?
•What was the market size in 2021?
•What is the growth rate of the Asia-Pacific Communication Platform as a Service (CPaaS) Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Asia-Pacific Communication Platform as a Service (CPaaS) Market?
•What segments are covered in the Market?
•Who are the key players in the Asia-Pacific Communication Platform as a Service (CPaaS) Market?
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