Premium A2P and P2A Messaging Market Trends Innovation By Key Players: Tata Communications, CLX Communications, Mahindra Comviva, Infobip, SAP, Beepsend, Twilio, Tyntec
Advancements in mobile payments and the ability of banking applications to obtain messages without data connectivity issues are predicted to catapult the premium A2P and P2A messaging market from 2016 to 2024. Furthermore, rising advertising by application vendors & developers and a rapid surge in mobile subscriber strength may fuel the industry growth.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/825
An A2P SMS (application-to-person messaging) is a message, which is sent from an application, stereotypically a web-based one to a mobile subscriber. Its most common uses include alerts, notifications, and mobile-related advertising messages, such as banking updates, flight notifications or new offers from traders. An A2P text message can also be sent in another direction, from a mobile subscriber to a web-based application, where it is known as P2A SMS (person-to-application messaging).
Factors, such as gray routing and complex traditional telecom infrastructure by Mobile Network Operators (MNOs) in the partial realization of the revenue may hamper the premium A2P and P2A messaging market. In addition, the changing government regulations across the world may negatively impact the industry growth.
Rising population, increasing smartphone connections, technological improvisation in the mobile payment industry, and rapid growth in the retail sector may drive the premium A2P and P2A messaging market from 2016 to 2024.
Based on applications, the premium A2P and P2A messaging market can be categorized into Customer Relationship Management (CRM) services, inquiry & search related services, authentication services, notifications and alerts, promotional & marketing services, voting & entertainment, pushed content services, interactive messages, and others. The authentication services segment is predicted to hold a significant revenue share. The growth in the segment can be attributed to the rapid increment in the usage of mobile devices for sharing personal information across the web. Authentication services are likely to grow in prominence owing to the high confidentiality technique provided by enterprises to safeguard users' data. Various organizations use SMS as an authentication method owing to its various applications that include verification for banking transactions, OTP verification, and two-factor authentications.
Request for customization of this report @ https://www.gminsights.com/roc/825
CRM services are expected to witness considerable growth prospects during the forecast period due to their capability to offer billing and transaction information related to the end users. In addition, financial services, such as e-commerce & banking and BFSI industries, will contribute towards premium A2P and P2A messaging market size from 2016 to 2024.
In BFSI sectors, these services help in informing customers about payment reminders, transaction alerts, premium dues, new offers, and insurance alerts. In media & entertainment, the service enables customers to subscribe or participate in quizzes, competitions, programs, or voting.
In the hospitality sector, this service enables in informing clients about advertising hotel, travel & tourism company schemes as well as offers and send them the booking details. This service is of great utility in view of subcontracting activities, where firms can connect with their employees, customers, and consultants. This is likely to prove as a key driving force for the premium A2P and P2A messaging market. In shipping & logistics industries, this service can be used to allow customers and companies for monitoring the shipment status.
Based on messaging platforms, the industry can be fragmented into cloud API messaging platform and traditional and managed messaging platforms. Cloud API segment is anticipated to exhibit moderate growth prospects due to the benefits offered such as a scalable & secure environment for creating a unique API for any enterprise. It provides a communication passage for enterprises and back-end facilities interface. This platform also permits in booking, banking, notification, confirmation, and advertising using two-way communication.
Based on traffic, the industry can be segmented into national and multi-country. The Asia Pacific premium A2P and P2A messaging market share is predicted to exhibit considerable growth over the forecast timeline. This surge can be attributed to the widespread adoption of services across numerous enterprises over the forecast timeframe.
Key vendors operating in the premium A2P and P2A messaging market include Tata Communications, CLX Communications, and Mahindra Comviva. Other market partners are Infobip, SAP, Beepsend, Twilio, and Tyntec.
Browse Full Reports: https://www.gminsights.com/industry-analysis/premium-a2p-and-p2a-messaging-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Premium A2P and P2A Messaging Market Trends Innovation By Key Players: Tata Communications, CLX Communications, Mahindra Comviva, Infobip, SAP, Beepsend, Twilio, Tyntec here
News-ID: 1536999 • Views: 407
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for A2P
Global A2P SMS Market
The Global A2P SMS Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists. It provides the A2P SMS industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. Request for discount @ https://www.researchtrades.com/discount/1186543 This A2P SMS market study provides comprehensive data which enhances
A2P SMS is one form of service in which SMS is sent from a web based application to a mobile subscriber. Owing to the provision of a secure and reliable operator channel and improvement in end-user experience, A2P SMSs are being widely used in industries such as tourism, banking and financial services institutions, ecommerce, entertainment, and healthcare. A2P SMSs are preferred over other content delivery mediums as they offer multiple
Premium A2P And P2A Messaging Market - Premium A2P and P2A Messaging Market Driv …
A2P messaging indicates application-to-person messaging and P2A messaging is person-to-application messaging. In this ever changing world of communication technology, these two technology are gaining popularity because of secure, reliable, and cost effective communication. The most common uses of A2P messaging are bulk message, notifications, alerts, and mobile contextual marketing. It is imperative for enterprises to have insight into how the dynamics of A2P SMS market is changing. The most
Global Overview on Enterprise A2P SMS Market
The global enterprise A2P SMS market was valued at US$ 59.8 billion in 2016 and is projected to reach US$ 108.2 billion by 2025, exhibiting a CAGR of 6.1% over the forecast period (2017-2025). The growing e-commerce industry contributes to major growth of this market. High adoption of SMS technology by e-commerce companies for payment confirmation, password reset, signup details, delivery status, sale details, special offers, and product launches helps
A2P SMS Market : Rising Usage of Mobile Phones Creates Lucrative Opportunities f …
The global application-to-person (A2P) SMS market is likely to have fragmented competitive landscape in the coming years as the top players only held a share of 0.9% in the overall market in 2015. Some of the market leaders in the A2P SMS market are Silverstreet BV, Syniverse Technologies, LLC, AMD Telecom S.A., Mblox, Inc., and Fortytwo Telecom AB. The high degree of competition is attributable to the minimal product differentiation
Global A2P SMS Sales Market Report 2016
Global A2P SMS Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. Various factors are responsible for the high revenue growth witnessed in the global A2P SMS market. However there are a few restraints as well forecast to challenge the market’s trajectory. Nevertheless, through the course of the forecast period starting from 2016 to 2021, the market will continue exhibiting