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A2P-SMS-Market

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<strong>A2P</strong> <strong>SMS</strong> <strong>Market</strong> Size & Share to See Modest Growth<br />

Through 2026<br />

Application to person (<strong>A2P</strong>) <strong>SMS</strong> <strong>Market</strong> research provides industry<br />

analysis by type, manufacturer, application along with key factors<br />

influencing the growth of the market which include growth drivers,<br />

restraints, opportunities and challenges, strategically profile key<br />

players and comprehensively analyse their market share and core<br />

competencies.<br />

Application to person (<strong>A2P</strong>) <strong>SMS</strong> is the terminology used for application to subscriber or<br />

subscriber to application short messaging service. The service finds essential applications in<br />

different forms of notifications, alerts, promotional messages, polling contests, news, flight alerts,<br />

banking updates, and many more. Due to its wide ranged applications it finds applications in<br />

almost every industry segments such as financial services, banking, tourism, retail, healthcare,<br />

and entertainment.<br />

Download PDF To explore detail study @<br />

https://www.coherentmarketinsights.com/insight/request-pdf/607<br />

Mobile subscriber consumer base of over 5 billion across globe will provide<br />

substantial growth potential to <strong>A2P</strong> <strong>SMS</strong> market<br />

According to GSM Association (GSMA), the global telecom operators have over 5 billion mobile<br />

subscribers, encompassing over two third of the global population. <strong>SMS</strong> is the most conventional<br />

and cost-effective means for communication that can be conveniently utilized as a form of media<br />

and promotional purposes. Moreover, increasing reliance of consumer on smartphones for<br />

various activities that include social networking, shopping and usage of mobile wallets on daily


asis is expected to provide high impetus to the overall <strong>A2P</strong> <strong>SMS</strong> market over the forecast<br />

period.<br />

Banking, Financial services and Insurance (BFSI) dominated the end use industry<br />

segments owing to various identification, alerts and phone banking related<br />

applications<br />

Typical applications of these services in BFSI segment include authentication of users of online<br />

services, banking notifications, critical transaction alerts (due payment, balance statements,<br />

minimum balance requirements, etc.), <strong>SMS</strong> banking and promotional campaigns for new BFSI<br />

policies. These applications are projected to increase at considerable rates and positively<br />

influence growth of the BFSI segment in the <strong>A2P</strong> <strong>SMS</strong> market through the forecast period.<br />

Moreover, proliferating e-commerce retail industry is expected to provide strong growth<br />

prospects. Retail specific applications include location based promotional campaigns, contests,<br />

coupons, product discount & sale announcements and enhanced consumer service. Owing to<br />

these applications, customer relationship management accounted for the largest <strong>A2P</strong> <strong>SMS</strong><br />

market share among application segments.<br />

Browse More About the <strong>Market</strong> Study @<br />

https://www.coherentmarketinsights.com/ongoing-insight/a2p-sms-market-607<br />

Character limitation and limited audience engagement will continue to act as<br />

potential growth barrier to the industry growth<br />

Advertising space of the service users is limited to 160 characters and the target audience<br />

cannot be efficiently attracted with the use of additional audio or animation content. Moreover,<br />

advertisers find it difficult to engage consumer for text services and end up getting spammed.<br />

Owing to proliferation of many other messenger apps, such as WhatsApp, Facebook Messenger,<br />

QQ Mobile, among others, consumer tendency to rely on text messages has considerably<br />

decreased. These factors are projected to limit the end user inclination towards these services,<br />

which in turn would hinder the overall <strong>A2P</strong> <strong>SMS</strong> market growth.<br />

Asia Pacific to be the key growth engine of the <strong>A2P</strong> <strong>SMS</strong> market<br />

According to United Nations Economic and Social Commission for Asia and Pacific (UN ESCAP),<br />

Asia Pacific is home to largest consumer base across the globe, accounting for over 60% of the<br />

global population. Emerging economies such as China, India, Indonesia, and Saudi Arabia are<br />

expected to provide significant growth prospects over the forecast period, owing to the large<br />

mobile subscription base in these regions. Moreover, proliferation of smart banking and e-<br />

commerce in the regions will provide significant demand surge for <strong>A2P</strong> <strong>SMS</strong> market.


Major industry participants include FortyTwo Telecom AB, AMD Telecom S.A., Syniverse<br />

Technologies, LLC, Silverstreet BV, Ogangi Corporation, mBlox, Inc., Symsoft AB, Tanla Solutions<br />

Ltd., Open<strong>Market</strong> Inc., Optimizer International Group, Inc., and Angkor Data Communications<br />

Group Co. Ltd. Industry. Industry competitors are projected to invest in best firewalls, appointing<br />

best aggregators, and expansion of their regional expanse to strengthen their industry foothold.<br />

For instance, in May 2017, CLX announced the acquisition of Dialogue Group, for over US$ 40<br />

million, to strengthen its positioning in Asia Pacific region.<br />

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https://www.coherentmarketinsights.com/insight/request-discount/607<br />

About Coherent <strong>Market</strong> Insights:<br />

Coherent <strong>Market</strong> Insights is a prominent market research and consulting firm offering actionready<br />

syndicated research reports, custom market analysis, consulting services, and competitive<br />

analysis through various recommendations related to emerging market trends, technologies, and<br />

potential absolute dollar opportunity.<br />

Contact Us:<br />

Mr. Shah<br />

Coherent <strong>Market</strong> Insights<br />

1001 4th Ave,<br />

#3200<br />

Seattle, WA 98154<br />

Tel: +1-206-701-6702<br />

Email: sales@coherentmarketinsights.com

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