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 />
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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 />
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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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