Press release
Enterprise A2P SMS Market 2021 - Future Developments, Top Companies, Industry Size and Growth Analysis to 2027 | Key Players Syniverse Technologies, LLC, AMD Telecom S.A., Fortytwo Telecom AB., CLX Communications AB, Ogangi Corporation, Silverstreet BV
Stratagem Market Insights has announced the addition of the "Enterprise A2P SMS Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Enterprise A2P SMS Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.A2P SMS Messaging for enterprises is a type of 2-way SMS enterprise solution, is an ideal solution for maintaining consistent and timely communication with customers. It offers quality and important communication with the customer and clients as it is a very efficient communication channel that allows people to contact easily with their favorite brand and companies directly and also allows them to send feedback. This tool helps in building strong and long-term customer relationships.
The global enterprise A2P SMS market was valued at US$ 59.9 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).
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Increasing application of A2P SMS Messaging across various end-use industries such as banking, food delivery, payments, and healthcare is predominantly fueling the market growth of A2P SMS messaging for enterprises. This solution offers the highest revenue generation of the companies due to the growing demand for strong connectivity by consumers across the bank and financial institution is further projected to fuel the market growth of A2P SMS messaging. Furthermore increasing launch of innovation in A2P SMS messaging is also projected to propel the market growth. For instance, in March 2019, Enterprise-grade CPaaS company Bandwidth announced the launch of its local A2P messaging solution, a first-of-its-kind API that allows businesses to send sanctioned high-volume, burst SMS messaging using local phone numbers over newly created 10DLC (ten-digit long code) SMS routes.
From the geographical perspective, Asia Pacific is expected to exhibit significant growth over the forecast period and this can be attributed to the presence of major countries such as Japan contributing to the regional market growth. For instance, in November 2016, NTT Communications Corporation, announced the launch of its new A2P SMS International Hubbing Service, that is available immediately, enables enterprises to send Application to Person (A2P) SMS messages for marketing and authentication purposes to mobile subscribers overseas via short, secure routes.
Key Developments:
• In December 2018, Cloud-communication platform service provider Route Mobile Limited, a Member of Oracle Partner Network (OPN), has collaborated with Oracle Marketing Cloud, part of Oracle Customer Experience (CX) Cloud Suit for mobile consumer engagement with SMS messaging as a preferred channel for reaching consumers.
• In November 2018, Verizon announced that it will launch support for RCS messaging in “early 2019.” The move is potentially significant as RCS is the new texting standard set to replace SMS just as soon as carriers around the world update their systems to support it.
• In June 2019, a global cloud communications provider, announced it has entered into an exclusive partnership with Ooredoo Global Services, to provide A2P SMS services for a number of Ooredoo Group’s operating companies.
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The Enterprise A2P SMS Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Enterprise A2P SMS Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
• Syniverse Technologies, LLC
• AMD Telecom S.A.
• Fortytwo Telecom AB.
• CLX Communications AB
• Ogangi Corporation
• Silverstreet BV
• Tanla Solutions Ltd.
• Symsoft AB
• Cybercomm
• Infobip Ltd.
Global Enterprise A2P SMS Market, By Application:
• Pushed Content Services
• Customer Relationship Management Services
• Promotional Campaigns
• Interactive Services
Global Enterprise A2P SMS Market, By Organisation Size:
• Small and Medium Enterprises
• Large Enterprises
Global Enterprise A2P SMS Market, By End Users:
• Education
• Utilities
• BFSI
• Government
• Healthcare
• Advertising
• Retail & E-commerce
• Transport
• Others
Objective of the Enterprise A2P SMS Market Report:
• To assess the size of the market by value and volume
• Analyze the Enterprise A2P SMS Market in terms of regions and major countries
• Highlight recent developments and trends in the market
• Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
• Determine share of the Enterprise A2P SMS Market in terms of various segments such as by product type, application, and end-user
• Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
• Discuss major factors that impact the growth of the Enterprise A2P SMS Market
Enquiry Before Buying option enables you to share your queries, in advance to procure the report. Kindly fill the form, and one of our consultants would get in touch with you to discuss the queries and would address them.
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About Us:
Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide.
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