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A2P Messaging Market Size, Share, Trends, Growth And Industry Demand Report 2023
A2P Messaging Market Report
A2P Messaging Market Size, Growth Rate, And Forecast:
The global A2P messaging market is expected to grow from $67.33 billion in 2022 to $70.28 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The A2P messaging market is expected to reach $82.63 billion in 2027 at a CAGR of 4.1%.
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A2P Messaging Market Drivers:
Increasing penetration of smartphones is expected to propel the growth of the A2P Messaging market going forward. A smartphone refers to a portable electronic device that connects to the internet and cellular networks. A2P messaging helps smartphone users receive messages from a business application for marketing or customer service purposes, mainly via an automated procedure.
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A2P Messaging Market Segments
•By Component: Platform, A2P Service
•By SMS Traffic: National Traffic, Multi-Country
•By Deployment Mode: On-Premises, Cloud
•By Application: Authentication Services, Promotional and Marketing Services, Customer Relationship Management Services, Pushed Content Services, Interactive Messages, Other Applications
•By End Users: Banking, Financial Services, and Insurance, Retail and Ecommerce, E-Governance, Hyperlocal Businesses, Healthcare, Travel and Hospitality, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the A2P Messaging market.
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A2P Messaging Market Key Players:
Major competitors in the A2P messaging market include AT&T Inc., Orange S.A., Twilio Inc., Tata Communications Limited (Tata Group), Sinch AB, China Mobile Limited, Comviva Technologies Limited, Route Mobile Limited, Monty Mobile., Syniverse , Global Message Services, Tyntec Silverstreet, Vonage , Genesys , BICS SA/NV, Cequens, Clickatell, Dexatel Global Message Services AG, Kaleyra Inc., MessageBird B.V, and Mitto.
The Business Research Company's "Global A2P Messaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The A2P Messaging Market Include:
1. Executive Summary
2. A2P Messaging Market Characteristics
3. A2P Messaging Market Trends And Strategies
4. A2P Messaging Market - Macro Economic Scenario
5. A2P Messaging Market Size And Growth
....
26. Africa A2P Messaging Market
27. A2P Messaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The A2P Messaging Market
29. A2P Messaging Market Future Outlook and Potential Analysis
30. Appendix
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