Tencent Cloud Ranks No. 1 in China’s “Communication Platform as a Service” Market by Revenue for 2021

HONG KONG, May 12, 2022 /PRNewswire/ — Tencent Cloud, the cloud business of a global technology company Tencenttoday announced that Tencent holds the largest market share and over 100% year-over-year growth for “communications platform as a service” (CPaaS) in China. This ranking is taken from the Gartner® 2022 report”Market share: all software markets, worldwide, 2021“.

As a cloud-based solution offering a range of functions such as instant messaging, audio and video calls, CPaaS has become an important digitization tool that helps companies improve their internal operational efficiency and optimize customer experience by external.

According to Gartner Market Guide for Communication Platform as a ServiceAmong all enterprise software across the globe, the CPaaS market growth rate is the highest and it is expected to grow at a compound annual growth rate of around 30% through 2025. Meanwhile, the number of enterprises using CPaaS products to improve their digital competitiveness will increase from 20% in 2020 to 95% in 2025.

With over 20 years of technology foundation, knowledge and experience in applications such as QQ and Weixin, Tencent Cloud has developed an industry-leading CPaaS product matrix.

Instant Messaging (IM)

Tencent Cloud Instant Messaging (IM), which currently serves over 100,000 customers worldwide with over 200 million daily active users, integrates various messaging features such as one-to-one chat, group chat, the chat room and system notification in its SDK and UIkit components for various platforms to help businesses grow their business quickly.

Tencent Real-time communication (TRTC)

Equipped with leading advantages in key technology development such as ultra-high definition, ultra-low latency and large-scale interaction, TRTC supports the rapid growth and development of applications such as Tencent Meeting/ VooV Meeting and WeSing and has served more than 5,000 monthly active customers in different industries around the world. Tencent Cloud’s one million square meter hyperscale architecture technology won the China Patent Gold Award, the most prestigious award in the field of intellectual property in China. China.

Take advantage of the above CPaaS capabilities and Tencent The vast cloud content delivery network with more than 2,800 global acceleration nodes in more than 70 countries and regions, Tencent Cloud will continue to explore the deep integration of digital technologies with the real economy in the segments of government affairs, business services, finance, industrial sector, transport and e-commerce, helping more companies to continue their digital transformation and improvement.

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SOURCE Cloud Tencent

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