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Global Enterprise A2P SMS market report, size, share, trends and forecast to 2028
According to Stratistics MRC, the Global Enterprise A2P SMS Market is accounted for $50.13 billion in 2022 and is expected to reach $73.56 billion by 2028 growing at a CAGR of 6.6% during the forecast period.Enterprise A2P SMS refers to the method of sending messages to clients via mobile phone applications. Smartphone and mobile device adoption is projected to fuel market expansion. Due to growing business competition, industries are heavily investing in A2P communications. A2P SMS services find applications in various industry verticals including ecommerce, banking and financial institutions, tourism, healthcare, entertainment, and others.
Businesses have embraced email services as a formal forum for client communication over the years. In contrast, there is a yearly decline in email answers and opening rates. Most marketing and promotional emails also end up in spam and trash drawers. However, the situation is quite different for text messages. Because text messages can reach a wider audience, this form of enterprise SMS is becoming more and more popular across industries. A2P SMS is also quite affordable when compared to other forms of communication. In order to increase brand exposure and enhance the consumer experience, start-ups and small enterprises are swiftly deploying A2P messaging services.
By geography, Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing adoption of mobile phones and growing internet subscribers. The demand for enterprise A2P SMS services to engage customers is being driven by China and India's large and dispersed customer bases. Mobile operators and the telecom sector are expanding quickly in the area. This is probably going to accelerate market expansion in the area.
Some of the key players profiled in the Enterprise A2P SMS Market includeAMD Telecom S.A, CLX Communications AB, China Unicom, Genesys Telecommunications, Global Message Services AG, Infobip Ltd, Mitto, NTT Communications Corporation, Orange Business Services, SAP SE, Smsglobal, Tata Communications Limited, Tyntec Group Limited, Twilio Inc., Vodafone Group Plc, Zen Interactive Technologies
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By Deployments:
• On- Premises
• Cloud
By Traffics:
• Multi-country
• National
By Applications:
• Promotional Campaigns
• Pushed Content Services
• Interactive Services
• Customer relationship management (CRM) services
• Other Applications
By End Users:
• Travel and Transport
• Retail
• Banking, Financial Services and Insurance (BFSI)
• Health and Hospitality
• Gaming
• Other End Users
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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https://www.strategymrc.com/report/enterprise-A2P-SMS-market
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Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929
Website: https://www.strategymrc.com
About Us:
Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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