A2P SMS is increasingly being used to communicate business to people via various corporate platforms, support services, and online reservation systems. A2P refers to the process of sending mobile messages from a business application to a mobile user, often via an automated procedure for marketing or service purposes (app-to-person). Retail, banking, communication, healthcare, and travel are among the areas that have embraced A2P technology.
Global A2P SMS Market Scope:
This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to discover and collect excerpts acceptable for this study.
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Global A2P SMS Market Overview:
The Global A2P SMS market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the industry. The scope of the research includes a thorough investigation of the Global A2P SMS Market, as well as the reasons for variations in the industry's growth in various locations.
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Global A2P SMS Market Size was valued at USD 64.42 Billion in 2021, and it is expected to reach USD 84.18 Billion by 2029, exhibiting a CAGR of 3.43% during the forecast period (2022-2029)
Key Players:
The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Global A2P SMS market are as follows:
• Syniverse Technologies
• AMD Telecom
• Fortytwo Telecom
• CLX Communications
• Ogangi Corporation
• Silverstreet
• Tanla Solutions
• Symsoft AB
• Cybercomm
• Infobip
• Route Mobile Limited
• Angkor Data Communication Group
• tyntec
• nexmo
• DIMOCO
• Vodafone Group Plc.
• Bharti Airtel Limited
• AT&T
• Sinch
• Comviva
• Bics
• Tata Communications
• Genesys
• Global Message Services(GMS)
• Monty Mobile
• China Mobile
Regional Analysis:
The regional description of the Global A2P SMS market analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.
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COVID-19 Impact Analysis on Global A2P SMS Market:
End-user industries where Global A2P SMS are utilized had a drop in growth from January 2020 to May 2020 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Global A2P SMS manufacturers, impacting the Global A2P SMS market's growth in 2020. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Global A2P SMS has declined dramatically.
Key Questions Answered in the Global A2P SMS Market Report are:
- Which segment had the largest share in the Global A2P SMS market in 2021?
- What is the competitive landscape of the Global A2P SMS market?
- Which are the key drivers aiding the Global A2P SMS market growth?
- Which region has the maximum share in the Global A2P SMS market?
- What will be the CAGR of the Global A2P SMS market during the forecast period (2021-2027)?
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