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A2P SMS Market Size, Major Key Players 2022 Business Opportunities and Drivers, Industry Growth Analysis, Evolving Technologies, Development Plans, Share, Forecast to 2030
Report Ocean published the latest research report on the A2P SMS market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the A2P SMS market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.The global A2P SMS market is expected to reach at a CAGR of 5.7% for the period 2016-2022.
The digital economy affects the world's trajectory and the societal well-being of common citizens. In addition, it influences everything from resource assignment to income allocation and economic growth. The adoption of the Internet of Things is pushing significant market growth. Additionally, in 5-10 years, the latest technologies such as robotics, AI, and augmented reality can illustrate around 27% of ICT spending. Consumer demand for access to content and products at any time and from any location is propelling the ICT market forward. The ICT sector is lucrative for vendors since it has about 7 billion mobile subscribers and 3 billion Internet, users.
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Globally' the rapid evolution of mobile technology has been changing the consumer/enterprise lifestyle. The growth of world population' will directly impact on mobile subscriber base market growth. By 2020′ unique mobile subscriber base is expected to reach 4.6 billion. Moreover' emerging and undeveloped countries are contributing the majority of market share for mobile subscriber base growth.
One of the most emerging and popular market in mobile messaging services is A2P (Application to Person) SMS market. Currently' the A2P SMS market is growing rapidly' due to SMEs & larger enterprises are aggressively adopting this technology to reach their customer in an effective and easy way.
The global A2P SMS market is expected to reach at a CAGR of 5.7% for the period 2016-2022. The increasing world population and mobile subscriber base are the major drivers for this market growth. Specifically' developing and undeveloped countries are set to be the future business opportunity for the stakeholders' due to the increasing mobile subscriber base and government bodies have taken initiatives to improve the infrastructure also most of the players (telecom) have made huge investments to improve their network infrastructure.
The global A2P SMS market is analyzed based on three segments' namely' Service' Verticals and Regions. In next five years' A2P SMS set to be the golden era for players to enhance the business or to capture the revenue in this market.
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This study covers and analyses "A2P SMS Market" globally. Bringing out the complete key insights of this industry' this reports aims to provide opportunity for players to understand the latest trends' current market scenario' government initiatives' and technologies related to the market. In addition' helps the venture capitalist in understanding the companies better and take informed decisions.
Region/Country Cover in the Report
North America
Latin America
Western Europe
Central Eastern Europe
Middle East & Africa
Asia-Pacific
Over past few years' there is drastic changes in the mobile messaging market. The traditional SMS market is moving to declining stage' where the telecom players are drastically seeing a negative impact on their SMS revenue.
With the increasing demand for the mobile application (mobile banking' mobile health' mobile payment' e-commerce) and mobile subscriber base are the major drivers for A2P SMS market growth.
The Global A2P SMS market analyzed based on three segments-Services' Verticals and Regions. Service segment further divided into two core categories- Transactional Service and Promotional service. Globally' transactional service will holds the major market share in A2P SMS market followed by promotional service.
Globally' BFSI and Retail industry verticals set to be major verticals and contributing more than 40% of market share for A2P SMS market growth. The Education and Healthcare are set to be emerging verticals.
The global A2P SMS region market is analyzed by six regions - North America' Western Europe' Asia-Pacific' Central Eastern Europe (CEE)' Middle East & Africa and Latin America. North America set to be the biggest market for A2P SMS market growth followed by Asia-Pacific.
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Asia-Pacific increasing mobile subscriber (feature to smartphone) and internet user base is expected to support for the A2P SMS market growth. Also' few of the emerging IoT technology such as smart home' identity verification' connected cars' mobile commerce will drive the A2P SMS growth in Asia-Pacific.
Due to this most of the companies are focusing on this region to capture the growth opportunities and for business expansion.
In Region wise' Middle East & Africa and Latin America holds the huge business opportunity growth due to increasing mobile subscriber base and set to be emerging region for A2P SMS market growth.
The adoption and penetration of A2P SMS technology in various enterprise vertical is expected to support for A2P SMS market in upcoming years. Few of the major players such as CLX networks' Tanla solutions' Nexmo' AMD telecom are planning to create innovative products/services to support A2P SMS market. The global A2P SMS market is expected grow $78.61 billion by 2022.
Key Players Covered in the Report
Nexmo Inc.
Tanla Solutions Ltd.
ClX Netwroks AB.
Dialogue Communications Ltd
mBlox ltd.
TATA Communications Limited
Orange Business Services
SAP SE
Gemalto NV
GinSMS Inc.
Tyntec
Twilio
Anam Technologies
Voxox Inc.
Routesms Solutions Limited
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Table of Content:
Market Definition and Overview
Research Method and Logic
Market Competition Analysis
Product and Service Analysis
Strategies for Company to Deal with the Impact of COVID-19
Market Segment by Type, Historical Data and Market Forecasts
Market Segment by Application, Historical Data and Market Forecasts
Market by by Region, Historical Data and Market Forecasts
Market Dynamic Analysis and Development Suggestions
What is the goal of the report?
The market report presents the estimated size of the Industrial automation market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
Available Customization
The following customization options are available for this report:
> Trends for other verticals including retail' travel' and hospitality
> Country-specific trends and market analysis
> Rest of the World (RoW) Region-specific market analysis
> Additional company profiles
Apart from the existing market analysis' Reportocean can also offer a wide array of custom-tailored studies as per the company's specific needs.
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About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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