Press release
A2P SMS Market to Represent a Significant Expansion at 4.1% CAGR through 2025 with Technological Advancements Innovative Trends New Ideas Strategies and Key Players
The ubiquitous nature of SMS ensuring maximum reach out to customers who stay even in the remotest areas has prompted marketers to switch to this communication channel. The steady inclination towards using SMS for marketing and other allied activities has been very effective and consequently been adopted by various industry verticals. Apart from that, SMS has also been adopted for security authentication purposes proving to be of high worth to BFSI vertical. High adoptions of A2P SMS have resulted in the revenues of A2P SMS crossing P2P SMS and prompting companies to launch innovative products and solutions in it. Global A2P SMS market is expected to grow from US$ 44.12 Bn in 2017 to US$ 60.55 Bn by 2025 at a CAGR of 4.1% between 2018 and 2025.Top Companies of A2P SMS Market include ANAM Technologies, Beepsend AB (acquired by Twillo Inc.)., CLX Communications AB., Dialogue Communications Ltd. (acquired by Clx Commuications AB), DIMOCO Messaging GmBH, Infobip ltd, Nexmo Inc. (acquired by Vonage), Syniverse Technologies, LLC, Tanla Solutions and Trillian Group Ltd, among others.
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The report focuses on an in-depth segmentation of this market based by type, application, business model, and end user verticals. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment professional sector accounted for the largest share of the A2P SMS market in 2017; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global A2P SMS market with detailed market segmentation. Also, it analyzes the current A2P SMS market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
APAC is one of the prominent regions in A2P SMS market which will contribute highest revenue globally due to technological developments and considerable application of A2P SMS equipment in different end-user segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth construction sector will pave the path for increasing adoption and propel the market for A2P SMS market. The APAC region is expected to lead the A2P SMS market with highest CAGR during the forecast period.
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global A2P SMS Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the A2P SMS Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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