Global Messaging Platform market will reach 3845.83 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/6/20

The global revenue of Messaging Platform market was valued at 2061.31 M USD in 2017 and is expected to reach USD 3845.83 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 7.70%.

Europe has the largest global export quantity and manufacturers in Messaging Platform market, while the United States is the second sales volume market for Messaging Platform in 2017.

In the industry, Oracle profits most in 2017 and recent years, while Sychronoss and Microsoft ranked 2 and 3.The market share of them is 3.16%, 2.62% and 2.16% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are two mainly types of Messaging Platform, including Cloud Hosted and On-premises. And Cloud Hosted is the main type for Messaging Platform, and the Cloud Hosted reached a sales value of approximately 1857.68 M USD in 2017, with 90.12% of global sales value.

Messaging Platform technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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