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A2P Messaging Market Latest Trends And Growth Opportunities During Forecast 2023-2032
A2P Messaging Global Market
The Business Research Company's A2P Messaging Global Market Report 2023 identifies Increasing penetration of smartphones as the major driver for the A2P Messaging market's growth in the forecast period. 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.
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 market size of the A2P messaging market is expected to reach $82.63 billion in 2027 at a CAGR of 4.1%.
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Major competitors in the A2P Messaging market are AT&T Inc., Orange S.A., Twilio Inc., Tata Communications Limited (Tata Group), Sinch AB, China Mobile Limited, Comviva Technologies Limited
A key trend in the A2P Messaging market includes Technological advancement. Major companies operating in the A2P messaging market are focused on developing new technological solutions to strengthen their position.
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The A2P Messaging market is segmented -
1) By Component: Platform, A2P Service
2) By SMS Traffic: National Traffic, Multi-Country
3) By Deployment Mode: On-Premises, Cloud
4) By Application: Authentication Services, Promotional and Marketing Services, Customer Relationship Management Services, Pushed Content Services, Interactive Messages, Other Applications
5) 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.
The Business Research Company's "Global A2P Messaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
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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