Global Application-to-Person (A2P) SMS Market 2023-2027
Technavio has been monitoring the application-to-person (A2P) SMS market and is forecast to grow by $13011.44 mn during 2022-2027, accelerating at a CAGR of 4.25% during the forecast period. Our report on the application-to-person (A2P) SMS market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in the number of smart-connected devices, no dependency on the internet, and increased application of A2P SMS solutions in customer-centric industries.
Technavio's application-to-person (A2P) SMS market is segmented as below:
- Promotional campaigns
- Pushed content
- Interactive services
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the implementation of BYOD policy in enterprises as one of the prime reasons driving the application-to-person (A2P) SMS market growth during the next few years. Also, growing demand for social interaction and popularity of OTT apps within enterprises will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the application-to-person (A2P) sms market covers the following areas:
- Application-to-person (A2P) SMS market sizing
- Application-to-person (A2P) SMS market forecast
- Application-to-person (A2P) SMS market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading application-to-person (A2P) SMS market vendors that include 42 Telecom Ltd., AMD Telecom SA, BICS, China Telecom Global Ltd., Comviva Technologies Ltd., Genesys Telecommunications Laboratories Inc., Infobip Ltd., Monty Mobile, Route Mobile Ltd., Silverstreet BV, Sinch AB, SMS Global, Syniverse Technologies LLC, Tanla Solutions Ltd., Tata Communications Ltd., tyntec GmbH Hofmannstrasse, Vonage Holdings Corp., Bharti Airtel Ltd., Twilio Inc., and Vodafone Group Plc. Also, the application-to-person (A2P) SMS market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.