Press release
A2P Messaging Global Market 2024 - Illuminating Industry Trends, Share Insights, Robust Size, Accelerated Growth, Opportunity, and Forecast Till 2033
A2P Messaging Market
The Business Research Company presents an extensive market research report on the A2P Messaging Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The A2P messaging market size has grown steadily in recent years. It will grow from $69.96 billion in 2023 to $72.68 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to internet penetration, rise in smartphone usage, business communication evolution, SMS integration in services, security and authentication needs.
The A2P messaging market size is expected to see strong growth in the next few years. It will grow to $88.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to IoT communication, banking and financial services usage, healthcare and appointment reminders, adoption of chatbots and AI, industry-specific integration. Major trends in the forecast period include compliance with regulatory standards, interactive messaging experiences, vertical-specific messaging solutions, API integration and platform diversification, omnichannel messaging strategies.
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8828&type=smp
Key Market Players:
Major companies operating in the A2P messaging market report are China Mobile Limited, AT&T Inc., Orange S.A., Twilio Inc., Sinch AB, Tata Communications Limited, Genesys Telecommunications Laboratories Inc., Syniverse Technologies LLC, Infobip Ltd., MessageBird B.V., BICS SA/NV, Vonage Holdings Corp., Kaleyra Inc., Monty Mobile SAL, TeleSign Corporation, OpenMarket Inc., Comviva Technologies Limited, Route Mobile Limited, Karix Technologies Private Limited, Cequens Ltd., Plivo Inc., Mitto AG, Soprano Design Pty Ltd, Global Message Services S.A., Clickatell (Pty) Ltd., Nexmo Inc. (Vonage API Platform), Summit Tech (Summit Technology Group), Tyntec Silverstreet, Dexatel Global Message Services AG, CLX Communications AB, Esendex Ltd., Fortytwo Telecom AB, Upland Software Inc. (Mobile Messaging Solutions), BulkSMS (a division of Adapt IT), Commify Group Limited, 3Cinteractive Corp. (3C), IMImobile PLC (acquired by Cisco), Kaleyra S.p.A. (formerly known as Solutions Infini), Mogreet Inc.
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. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or around 65 million individuals) will own a smartphone. Therefore, the increasing penetration of smartphones is driving the growth of the A2P messaging market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/a2p-messaging-global-market-report
The A2P messaging market covered in this report 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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps"
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release A2P Messaging Global Market 2024 - Illuminating Industry Trends, Share Insights, Robust Size, Accelerated Growth, Opportunity, and Forecast Till 2033 here
News-ID: 3365540 • Views: …
More Releases from The Business research company
Leading Companies Fueling Innovation and Growth in the Private Network Services …
The private network services sector is set to experience remarkable growth as demand for secure, high-performance connectivity continues to rise across various industries. With advancements in wireless technology and evolving network needs, this market is positioning itself for widespread adoption and innovation over the coming years. Let's explore the market size, key players, driving trends, and segmentation to better understand what lies ahead.
Private Network Services Market Size and Growth Outlook…
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Po …
The policy control function as a service (PCFaaS) market is on track for substantial expansion over the coming years, driven by technological advancements and increasing demand in telecommunications. This sector is transforming rapidly as operators adapt to next-generation network requirements and cloud-native approaches. Let's delve into the market's expected valuation, key players, emerging trends, and notable segmentations shaping its future.
Significant Growth Forecast for the Policy Control Function As A Service…
Top Players and Competitive Dynamics in the Packet Optical Platform Market
The packet optical platform market is positioned for significant expansion in the coming years, driven by advances in network technology and increasing demand for high-capacity data transmission. As digital infrastructure evolves, this sector is set to play a crucial role in supporting the growing needs of data centers, telecom providers, and cloud services. Let's explore the market's projected size, key players, emerging trends, and the segments contributing to its growth.
Forecasted…
Analysis of Segmentation, Market Trends, and Competitive Landscape in the Open S …
The open source help desk software market is set to experience significant expansion in the coming years, driven by technological advancements and evolving business needs. As organizations increasingly embrace digital customer support, this market is positioned for notable growth through 2030. Below is an in-depth exploration of the market size, leading players, key trends, and segmentation insights.
Projected Market Size and Growth Rate of the Open Source Help Desk Software Market…
More Releases for A2P
Global A2P Messaging Market
The new report by Expert Market Research titled, 'Global A2P Messaging Market Size, Report and Forecast 2024-2032', gives an in-depth analysis of the global A2P messaging market, assessing the market based on its segments like components, applications, deployment modes, SMS traffics, end-users, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based…
Global A2P Messaging Market Key Players, SMS Traffic, Growth Rate, Size, Share, …
The global A2P messaging market size is expected to grow from USD 62.1 billion in 2020 to USD 72.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period. The global A2P Messaging Market exhibits profitable growth in the next five years. The increase in A2P messaging traffic is influenced by a range of services that businesses are offering to their customers, which…
Global A2P SMS Sales Market Report 2016
Global A2P SMS Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020.
Various factors are responsible for the high revenue growth witnessed in the global A2P SMS market. However there are a few restraints as well forecast to challenge the market’s trajectory. Nevertheless, through the course of the forecast period starting from 2016 to 2021, the market will continue exhibiting…
A2P SMS Messages Convenient & Easy to Use
This research study on the global A2P SMS market provides a detailed analysis of various applications and End-use Industries of A2P SMS available in the market.
Based on the application, the market is divided into pushed content services, customer relationship management (CRM) services, promotional campaigns, interactive services, and inquiry related services.
Among the various types of End-use Industries the global A2P SMS market has been segmented into retail, BFSI, travel and…
A2P SMS Market - Account for Approximately 80% of the Total A2P SMSs sent in 202 …
The A2P SMS market report provides an in-depth analysis of the global A2P SMS market for the period 2014 – 2024, wherein 2015 is the base year and the years from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information.
The report covers all the prevalent trends playing a major role in the growth of the A2P SMS market over the forecast period.…
A2P SMS Market:Rapid Economic Growth across End-use Industries Spurs Adoption of …
Use of A2P SMSs in Retail and Healthcare Holds Promising Future
The global A2P SMS market, by application, is dominated by the customer relationship management services segment and the segment is expected contribute 33.7 % of the overall market revenue in 20204. The CRM services segment, along with the promotional campaigns and interactive services segments, will each register a steady CAGR of 4.7% over the course of the forecast period.
Based on…
