Press release
A2P SMS Market to Reach USD 87.25 Bn by 2029, emerging at a CAGR of 3.43 percent and forecast 2023-2029
A2P SMS Market
Employing a meticulous bottom-up approach, the report presents a comprehensive analysis of the A2P SMS market. Primary and secondary data collection methods were utilized, with a keen focus on individual economies to derive precise regional and global market estimates. Stakeholder interviews, encompassing manufacturers, end-users, and consultants, supplemented with secondary sources like annual reports and industry associations, ensured the authenticity and reliability of the report.
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What are A2P SMS Market Dynamics:
A2P SMS is a powerful medium for businesses in the communication market space to connect with mobile users. Businesses use text messaging to notify the users about updates for improving the user experience, which results in revenue growth for the industry. SMS also helps in generating leads, increasing sales, and building better customer relationships across a wide range of sectors such as BFSI, retail & eCommerce, travel & tourism, marketing, hyperlocal businesses, and healthcare. The A2P messaging is growing and maturing all around the globe and will continue to evolve with long-standing and fresh challenges faced by key players. MNOs are increasingly securing their networks and identifying the problems that grey routes present, while Over-The-Top (OTT) messaging applications are posing a new threat to the revenues of the A2P market.
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A2P SMS Market Regional Insights:
Notable regional trends highlight North America's emphasis on digital advertisement and technological advancements like IoT, driving the A2P SMS market growth with a projected CAGR of 3.8%. Meanwhile, Asia Pacific leads the market share, propelled by a burgeoning mobile subscriber base and escalating demand for A2P messaging solutions, particularly in transaction services.
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What is A2P SMS Market Segmentation:
by Components
Platform
A2P Service
by Deployment Mode
On-premises
Cloud
by Application
Authentication Services
Promotional and Marketing Services
Customer Relationship Management Services
Pushed Content Services
Interactive Messages
Others
by Vertical
Banking, Financial Services, and Insurance
Retail and eCommerce
Hyperlocal Businesses
Healthcare
Travel and Hospitality
Others
Who are A2P SMS Market Key Players:
1. Syniverse Technologies(US)
2. AMD Telecom(Spain)
3. Fortytwo Telecom(Malta)
4. CLX Communications(Sweden)
5. Ogangi Corporation(US)
6. Silverstreet(UK)
7. Tanla Solutions(Hyderabad)
8. Symsoft AB(Sweden)
9. Cybercomm(US)
10.Infobip(UK)
11.Route Mobile Limited( Mumbai)
12.Angkor Data Communication Group(Cambodia)
13.tyntec(Germany)
14.nexmo(Germany)
15.DIMOCO(Austria)
16.Vodafone Group Plc.(UK)
17.Bharti Airtel Limited(New Delhi)
18.AT&T(US)
19.Sinch(Sweden)
20.Comviva(Gurugram)
21.Bics(Belgium)
22.Tata Communications (Mumbai)
23.Genesys(US)
24.Global Message Services(GMS)(Sweden)
25.Monty Mobile(UK)
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Table of content for the A2P SMS Market includes:
Global A2P SMS Market: Research Methodology
Global A2P SMS Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global A2P SMS Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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