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Application-to-Person (A2P) SMS and API Market to Witness Growth Acceleration by 2031

06-07-2024 06:29 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Application-to-Person (A2P) SMS and API Market to Witness

The global application-to-person (A2P) SMS and API market is anticipated to grow at a significant CAGR of 9.8% during the forecast period. The growth of the market is attributed to the factors including acquisitions, collaborations, and product launches adopted by the key market players. For instance, in July 2019, 8x8, Inc., announced the acquisition of Wavecell Pte. Ltd., for $125 million in cash and stock. The acquisition provides 8x8 with an established technology platform and high-growth revenue business to pursue CPaaS globally and represents a natural expansion of 8x8's cloud business from unified communications-as-a-service (UCaaS), contact center-as-a-service (CCaaS), and video into the CPaaS market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/application-to-person-ap2-sms-and-api-market

In addition, partnerships, collaborations, and acquisitions strategies enable key market players to expand their offerings, enter new markets, technology integration, innovation, and research. This innovation drives market growth by meeting the evolving needs of businesses and providing solutions that deliver increased efficiency and accuracy in financial processes. For instance, in May 2021, Infobip Group, acquired the number one SMS firewall service provider Anam that offered solutions to more than 80 MNOS with more than 606 million customers across the globe. This strategic acquisition strengthens Infobip's position as the first choice for mobile network operators through enhanced product and service offerings. The combined product portfolio for MNOs represents an exceptional proposition to mobile operators that will also vastly benefit subscribers, and included best in class SMS Firewall, SMS Hubs, SMSC,?CPaaS, RCS?and authentication and verification.

Global Application-to-Person (A2P) SMS and API Market Report Segment

By Component

• Platform
• A2P Service

By Application

• Authentication Services
• Promotional and Marketing Services
• Pushed Content Services
• Interactive Messages Services
• Customer Relationship Management Services
• Others

By Deployment Mode

• On-Premises
• Cloud

By End-User

• Banking financial services and insurance
• Retail and E-commerce
• E governance
• Healthcare
• Others(Travel and hospitality)

A full report of Application-to-Person (A2P) SMS and API Market available @ https://www.omrglobal.com/industry-reports/application-to-person-ap2-sms-and-api-market

Application-to-Person (A2P) SMS and API Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• ALLO Communications, LLC
• Belgacom International Carrier Services SA
• CEQUENS
• China Mobile Ltd.
• ClearSky Technologies, Inc.,
• Clickatell Corp.
• Comviva Technologies Ltd
• Genesys Cloud Services, Inc.
• Global Message Services AG
• Infobip ltd.
• Mitto AG

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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