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A2P Messaging Market Trends, Research Insights by 2031 | TMR
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The research report offers a detailed overview of present conditions in global A2P messaging market. It follows the growth trajectory of the global A2P messaging market over the forecast years of 2021 to 2031. It also provides a list of potential factors as well as emerging and existing trends that may offer attractive growth opportunities in the global A2P messaging market during 2021 to 2031 i.e. the forecast years. The business intelligence study carefully examines the landscape of the global A2P messaging market to derive information related to the regional as well as competitive landscape of the industry. It takes into the consideration the data acquired through meticulous research of historic as well as base years to project the performance potential of the global A2P messaging market over the forecast years of 2021 to 2031. It also presents potential industry developments that can prove to be restraints for the development of the global A2P messaging market during the forecast years.
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Global A2P Messaging Market: Major Trends and Drivers
The rising number of mobile phone data and services subscribers around the world is one of the most significant drivers for the development in the global A2P messaging market. The increase in the number of mobile subscriptions gives the corporations, businesses, and enterprises new and creative ways to communicate with a large number of mobile customers. However, stringent government policies as well as regulations pertaining to privacy and data security may hamper the growth within the global A2P messaging market in coming years. Furthermore, the rising usage of grey or unpaid/ unofficial routes for messaging traffic may cause severe loss of revenue for the players and service providers functioning within the global A2P messaging market. On the other hand, the rising trend of corporate entities to launch massive scale mobile marketing campaigns may favor the growth in the global A2P messaging market in coming years.
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Global A2P Messaging Market: Key Players and Manufacturers
Few of the major incumbent players operational within the global A2P messaging market are AT & T, China Mobile, Orange, Comviva, BICS, Syniverse, Tyntec, Vonage, TATA Communications, Mitto, Sify Technologies, Textlocal, Kaleyra, Sinch, Infobip, Route Mobile, Twilio, Monty Mobile, Global Message Services, Silverstreet, Genesys, Cequens, ClearSky Technologies, MSG91, Clickatell, and MessageBird, among others. Leading players and service providers operating in the global A2P messaging market are opting for several corporate development strategies in order to amass a larger industry share and expand their geographical presence around the world.
Some of these strategies include acquisitions, strategic partnerships, and new product or service launches. For example, a market leading customer data platform, Segment, was acquired by the Twilio in November of 2020 in order to aid companies and developers in accessing a leading cloud communications platform in the world to efficiently manage customer communications including messaging, video, internet or things, SMS, voice, and email. Furthermore, Span as well as Infobip partnered up in September of 2020 in order to aid Span in building connected customer experience using Infobip's complete customer experience as well as customer engagement portfolio.
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