Escalating Popularity Of Online Activities Related To Shopping, Banking, And Others Due To The COVID-19 Pandemic Will Turn The Tables Of Growth Across The A2P SMS MarketThe evolution of text messages has reached its tipping point. Many businesses and sectors are adopting text messaging to keep their customers aware and informed about the latest developments. Another reason is the broad reach of A2P SMS, which enables numerous businesses to send notifications or reminders to many customers at the same time. All these benefits will decide the growth trajectory of the A2P SMS market between 2021 and 2030.
The escalating need for deeper employee and customer management among many companies would invite tremendous growth opportunities for the A2P SMS market during the assessment period of 2021-2030
Want to know the obstructions to your company’s growth in future? Request a brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3474
A2P SMS, also known as professional or enterprise SMS is the process of sending text messages from a specific application to a mobile user. A diverse range of businesses and organizations utilize this process in different technical modes to communicate the right message to the consumers. Banking notifications, two-factor authentication SMS, marketing notifications, automatic booking confirmations, etc., are some of the notable instances of A2P SMS.
Transparency Market Research (TMR) has conducted intensive research on every factor attached to the growth of the A2P SMS market. The experts at TMR expect the A2P SMS market to expand at a CAGR of ~4 percent during the tenure of 2021-2030. The global A2P SMS market is prognosticated to reach a value of ~US$ 101 bn by 2030, the end year of the assessment period.
Since the COVID-19 pandemic hit across the globe, the e-commerce sector has observed a boom. The enforcement of lockdown restrictions in various countries and the shutting down of numerous retail stores for an extended period are the vital reasons of the prosperity of the e-commerce sector. Thus, as the e-commerce sector flourished, the growth of the A2P SMS market scaled to a new high. All these factors bode well for the A2P SMS market.
The coronavirus pandemic has made many people aware of the power of digital marketing. With the COVID-19 induced lockdowns, home delivery became the new mode of trade among many small and medium businesses. In these circumstances, A2P SMS is playing a crucial role. The need for sending notifications about the status of the delivery and information about offers or discounts to the customers has elevated the need for A2P SMS extensively, eventually increasing the growth rate.
Purchase Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=3474<ype=S
With a rise in digitalization, an increase in the cases of phishing and spamming are also being observed. The growing concerns about tackling cybercrimes have prompted many A2P SMS providers to improve security measures. Features like two-factor authentication help in reducing the risk of cybercrimes. These aspects will sow the seeds of growth across the A2P SMS market.
A2P SMS is serving as a growth vehicle for a plethora of businesses and sectors. The high engagement aspect and the ubiquitous nature will prove to be helpful for the A2P SMS market to expand its horizon of growth. Furthermore, features like an inbuilt SMS firewall, traffic optimization, outstanding delivery rate, and others will accelerate the growth across the A2P SMS market.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Escalating Popularity Of Online Activities Related To Shopping, Banking, And Others Due To The COVID-19 Pandemic Will Turn The Tables Of Growth Across The A2P SMS Market here
News-ID: 2470566 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031. The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,
More Releases for SMS
A2P SMS market | a2p, sms market, a2p sms, sms provider, sms service provider, s …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Enterprise A2P SMS Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Report offers a 5-year forecast for the global enterprise A2P SMS market
Application-to-Person (A2P) SMS and API Market - Bulk SMS Providers to Remain Ke …
In the fairly consolidated global application-to-person (A2P) SMS and application program interface (API) market, the top five vendors, including Twilio Inc., Syniverse Technology, and CLX Communications accounted for well over half of the overall A2P SMS and API market revenues in 2017. Owing to the lucrative growth that the market currently offers, many new vendors are entering the fray with their A2P SMS APIs at a continuous pace. The rising
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
A2P SMS Market - Introduction of Innovative Messaging Platforms Boosting Adoptio …
The global market for application to person (A2P) SMS is expected to have a fragmented market landscape in terms of competition. The leading players in the global market only accounted for 0.9% of overall market share in the year 2015. Some of the key players in the global market for application to person SMS include names such as AMD Telecom SA, Syniverse Technologies LLC, Silverstreet BV, Fortytwo Telecom AB, and
Global A2P SMS Market Research Report, Industry Dynamics, Companies Demand, SMS …
Increasing number of enterprises in multiple industry verticals are driving the market growth, as these enterprises adopt the SMS as a communication channel for their customers, employees, general public, and other stakeholders. In addition, mobile phone network operators are shifting their focus to A2P SMS, to increase their average revenue per user. Request Sample: https://www.progressivemarkets.com/request-sample/a2p-sms-market Market Dynamics: Drivers: (a2p sms market report) • Increase in mobile subscriber base • Rapid economic growth and upsurge in mobile
New infin tools: individual infin-Payment SMS and infin SMS reminder
Talking about online payment there is one key factor: confidence. For both companies and customers it is important to know, who they are dealing with. This is what the two newest infin-Payment SMS tools are about. But first of all: What’s infin-Payment SMS? Thanks to infin-Payment SMS customers are able to pay for chargeable online content with their mobile phone. The advantages of infin-Payment SMS are obvious: Payment via infin-Payment SMS