What is happening With Enterprise A2P SMS Market ? With Syniverse Technologies, LLC, AMD Telecom S.A., Fortytwo Telecom AB., CLX Communications AB, Ogangi Corporation, Silverstreet BV, Tanla Solutions Ltd., Symsoft AB, Cybercomm, and Infobip Ltd.

Increasing number of network devices also plays a major role in growth of the enterprise A2P SMS market. According to Coherent Market Insights, around 17.1 billion network devices were used globally in 2016, the number for which, is projected to reach 24.1 billion network devices by 2021. Increasing number of network devices, in turn, is expected to provide immense opportunities for growth of the market.

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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 in safe online transitions and customer retention.

Key companies covered as part of this study include Syniverse Technologies, LLC, AMD Telecom S.A., Fortytwo Telecom AB., CLX Communications AB, Ogangi Corporation, Silverstreet BV, Tanla Solutions Ltd., Symsoft AB, Cybercomm, and Infobip Ltd.

The customer relationship management segment holds a dominant position in the enterprise A2P SMS market

On the basis of application, the enterprise A2P SMS market is diversified into pushed content services, promotional campaigns, interactive services, and customer relationship management services. The customer relationship management service segment held a dominant position in the market in 2016, owing to high focus on customer engagement and adoption of digitalization by various business organization.

North America holds a dominant position in the global enterprise A2P SMS market

Asia Pacific enterprise A2P SMS market held dominant position in 2016 and is projected to retain its dominance throughout the forecast period. In 2016, this market in Asia Pacific generated revenue of US$ 28.2 billion with 44.2% market share. Increasing number of mobile phone users drives significant growth of the enterprise A2P SMS market in Asia Pacific.

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According to cisco, around 2500 million mobile phone users were present in Asia Pacific, in 2016, this number is projected to reach 3000 million by 2021. Thus, the enterprise A2P SMS market in the region is expected to experience rapid growth.

Detailed Segmentation:

• Global enterprise A2P SMS Market, By Application:
o Pushed Content Services
o Customer Relationship Management Services
o Promotional Campaigns
o Interactive Services

• Global enterprise A2P SMS Market, By Organisation Size:
o Small and Medium Enterprises
o Large Enterprises

• Global enterprise A2P SMS Market, By End Users:
o Education
o Utilities
o BFSI
o Government
o Healthcare
o Advertising
o Retail & E-commerce
o Transport
o Others

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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