Press release
A2P (Application-To-Person) SMS Messaging Service Market Demand, Size, Share, Scope & Forecast to 2032
A2P (Application-To-Person) SMS Messaging Service Market is poised to grow by $11.59 bn during 2021-2025, progressing at a CAGR of almost 5% during the forecast period.An end-user delivers messages to a mobile/device user using A2P (End-user-to-Person) SMS, sometimes referred to as enterprise or professional SMS. A2P SMS can be utilised by end users in a variety of technical contexts, including customer support, activation and authentication processes for online services, and the delivery of time-sensitive warnings. In every instance of A2P SMS, a corporate end-user initiates communication, not a person's device. Examples of A2P SMS include two factor authentication through SMS, critical alerts, booking confirmations that happen automatically, banking notifications, rewards programmes, and marketing notifications, among others. It can be seen that A2P SMS deployment is growing more widespread across business platforms, support services, and online reservation systems in an effort to boost efficiency.
According to estimates, North America and Asia Pacific account for a sizable portion of the worldwide A2P SMS industry. Due to the enormous number of mobile subscribers in the region, the market in Asia Pacific is anticipated to expand at a rapid rate during the forecast period. As a result, businesses in the area are being forced to become more competitive and concentrate on providing superior customer services in A2P SMS. Applications of A2P SMS are expanding globally as companies provide mobile and digital platforms to communicate with customers more effectively and smoothly. In addition, the popularity of OTT (over-the-top) services is growing, making it one of the major factors driving market expansion. A2P SMS has become the standard alternative due to the adoption of OTT apps for personal communication.
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Global A2P (Application-to-Person) SMS Messaging Service Market: Major Players
• Sify
• Trubloq
• Tata Communications
• TANLA
• Infobip
• Solutions Infini
• VivaConnect
Global A2P (Application-to-Person) SMS Messaging Service Market: Types
• Standard
• Premium
Global A2P (Application-to-Person) SMS Messaging Service Market: Applications
BFSI
Publishing & Media
Entertainment
Retail
Travel & Hospitality
Others
Global A2P (Application-to-Person) SMS Messaging Service Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global A2P (Application-to-Person) SMS Messaging Service market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?
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