According to our (Global Info Research) latest study, the global A2P SMS and CPaaS in BFSI market size was valued at US$ 22370 million in 2024 and is forecast to a readjusted size of USD 31190 million by 2031 with a CAGR of 4.9% during review period.
A2P SMS refers to the process of sending text messages from an application or software to individual recipients" mobile phones. These messages are typically generated by automated systems and are sent to provide information, alerts, notifications, marketing messages, authentication codes, and more. A2P SMS is widely used by businesses, organizations, and service providers to engage with their customers, clients, or users.
CPaaS refers to a cloud-based service that allows businesses and developers to easily integrate real-time communication features into their applications or services. This includes not only SMS but also other communication channels like voice, video, and chat. CPaaS providers offer APIs (Application Programming Interfaces) and SDKs (Software Development Kits) that enable developers to incorporate various communication functionalities without needing to build the infrastructure from scratch.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report is a detailed and comprehensive analysis for global A2P SMS and CPaaS in BFSI market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global A2P SMS and CPaaS in BFSI market size and forecasts, in consumption value ($ Million), 2020-2031
Global A2P SMS and CPaaS in BFSI market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global A2P SMS and CPaaS in BFSI market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global A2P SMS and CPaaS in BFSI market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for A2P SMS and CPaaS in BFSI
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global A2P SMS and CPaaS in BFSI market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Twilio, Sinch, Infobip, MessageBird, Tanla, Montnets Cloud Technology, Beijing Guodu Internet Technology, Telesign, Syniverse, Route Mobile Limited, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
A2P SMS and CPaaS in BFSI market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
A2P SMS
CPaaS
Market segment by Application
Bank
Finance Company
Insurance Company
Market segment by players, this report covers
Twilio
Sinch
Infobip
MessageBird
Tanla
Montnets Cloud Technology
Beijing Guodu Internet Technology
Telesign
Syniverse
Route Mobile Limited
Vibes
Plivo
Mitto
Zenvia
Genesys Telecommunications
Beijing Emay Softcom Technology
Tyntec
Accrete
Soprano
Clickatell
Pontaltech
Beijing Chuangshimandao Science and Technology
FotryTwo
AMD Telecom S.A
TXTImpact
Vonage
3Cinteractive
ClearSky Technologies
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe A2P SMS and CPaaS in BFSI product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of A2P SMS and CPaaS in BFSI, with revenue, gross margin, and global market share of A2P SMS and CPaaS in BFSI from 2020 to 2025.
Chapter 3, the A2P SMS and CPaaS in BFSI competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and A2P SMS and CPaaS in BFSI market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of A2P SMS and CPaaS in BFSI.
Chapter 13, to describe A2P SMS and CPaaS in BFSI research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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