A2P SMS Messaging Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 5, 2024 /EINPresswire.com/ -- This information is provided by Exactitude Consultancy, in its report titled, “A2P SMS Messaging Market, 2024-2030.”

The market growth is attributed to the increasing adoption of mobile devices and smartphones worldwide. This widespread usage has created a large user base for application-to-person (A2P) messaging, which businesses are now leveraging to reach customers effectively. The demand for personalized and targeted communication further drives market growth. As businesses recognize the value of customized messages that resonate with individual recipients, customer engagement enhances, leading to higher conversion rates. The market is gaining importance, particularly concerning secure & transactional messages like two-factor authentication (2FA) and account verification.

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What`s New?

Special discussions on the global economic climate and market sentiment

Coverage on global competitiveness and key competitor percentage market shares

Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to digital archives and trademarked research platform

Complimentary updates for one year

Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Leading Key players included in this Report are:

Major players in the A2P SMS Messaging Market are identified through secondary research and their market revenues determined through primary and secondary research are: Twilio,Nexmo,Plivo,Infobip,Sinch,Route Mobile,CLX Communications,SAP SE,Bandwidth,OpenMarket,Clickatell,Tyntec,Syniverse,mGage,Global Message Services (GMS),Tanla Solutions,AT&T Inc.,Verimatrix,BICS (Belgacom International Carrier Services),Vonage and Others.

Recent Developments:

December 15, 2023: CensaNext, the tech subsidiary of WayCool Foods today announced a collaboration with SAP India to foster technology innovation and redefine the landscape for emerging startups. This pioneering collaboration establishes CensaNext as a Partner Managed Cloud provider of the most advanced ERP, SAP S/4HANA, specifically curated to meet the unique needs of small enterprises and start-ups globally.

February 26, 2024: At AT&T, the goal is to be able to migrate to the next wireless generation by a software update only. As they build the network of the future, they are moving towards an open architecture where we can mix and match “best of breed” components from different vendors. Dell, alongside several suppliers including Ericsson, are playing a very important role in helping them achieve that milestone. In the coming years, Dell will play a significant role in providing servers at the foundation of our network.

A2P SMS Messaging Market Segmentation:

A2P SMS Messaging Market by Product Type, Value (USD Billion)

On-premises

Cloud-based

A2P SMS Messaging Market by Application, Value (USD Billion)

Interactive services

Promotional campaigns

Customer relationship management (CRM) services

Regional Outlook:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

North America accounted for the largest market in the A2P SMS Messaging market. It accounted for 36% of the worldwide market value. North America, with its strong and developed telecommunications infrastructure, is a prominent player in the A2P SMS messaging business. Because of the rising use of smartphones and mobile connectivity, A2P SMS texting has been steadily increasing in the region. A2P SMS is used by businesses in North America for a number of functions, such as transactional notifications, customer engagement, marketing, and authentication. A major factor propelling the expansion of the A2P SMS market in North America is the extensive utilization of mobile applications in various sectors. Businesses utilize A2P SMS as a dependable channel to send their subscribers promotional messages, account notifications, and one-time passwords. The market is growing because the banking industry, in particular, depends on A2P SMS for transaction alerts and safe authentication.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Exactitude Consultancy internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Browse Complete Summary and Table of Content:

https://exactitudeconsultancy.com/reports/40370/a2p-sms-messaging-market/

Among the report’s primary offers are the following:

Direct-To-Consumer A2P SMS Messaging definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for A2P SMS Messaging products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global A2P SMS Messaging market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

Frequently Asked Questions:

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We offer customization on report based on customer’s specific requirement:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

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