Twilio market cap?
Twilio is a leading cloud communications company that specializes in API-based messaging, voice, and video applications. Twilio captured a significant market from 2020 to 2021 but later lost big portions. Remote lifestyle helps Twilio capture more of the market. A similar type of company is unable to defeat Twilio due to its long-term market reputation.
| Market cap ($ billion) | Years |
| 10.60 | 2024 |
| 13.73 | 2023 |
| 9.02 | 2022 |
| 46.96 | 2021 |
| 54.32 | 2020 |
| 13.60 | 2019 |
| 8.93 | 2018 |
However, ups & downs are a common nature of every company. The massive market cap of Twilio forced other companies to invest in the cloud industry, which ultimately became competitors of Twilio.
If you notice market cap data, you will find a significant drop from 2022 to 2024. So, we can’t be bullish that Twilio will always dominate the cloud communication market. However, Twilio’s overall market growth from 2018 to 2024 is about 18%, which suggests their strong commitment to a comeback.
Competitors of Twilio?
Twilio offers diverse products & services such as Voice, SMS, Chat, Video, Email, Auth & Flex. Each product has strengths & weaknesses similar to its competitors. The strength of the product line helps to expand the market & weakness limits market presence.
The table below gives details on Twilio’s competitors.
| Competitors | Market cap ($ billion) | Strength | Weakness |
| Twilio | 10.60 | Brand reputation, diverse product line, experience developer team. | High price & limited international market. |
| Vonage | 2.45 | Affordable price, international market, enterprise solutions. | Limited developer community compared to Twilio, less diverse product portfolio |
| Plivo | 0.50 | Transparent pricing, user friendly. | Limited brand awareness, smaller product portfolio compared to larger players |
| Bandwidth | 2.87 | Strong infrastructure, competitive pricing, high-capacity platform | Limited product, lack of developer experience. |
| Telnyx | N/A | Affordable price, global market, pay-as-you-go model | Less brand value, small market |
| Sinch | 2.20 | Diverse product line, dominate Europe market. | Less international market, complex pricing methods |
Disclaimer
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