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The global A2P SMS market is projected to expand at a substantial CAGR during the forecast period. This growth is attributed to the increasing number of mobile users, increasing mobile marketing and cost-effectiveness of the A2P SMS platform.
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Global A2P SMS Market by Applications, Verticals, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By
The globalA2P SMS market is projected to expand at a substantial CAGR during the forecast period. This growth is attributed to the increasing number of mobile users, increasing mobile marketing and cost-effectiveness of the A2P SMS platform. Request for sample@https://dataintelo.com/request-sample/?reportId=11495 The Application-to-Person (A2P) SMS is the process of sending automated message from an application rather than a person. It is one-way process in which message is send from a web-based application to a mobile receiver and receiver are not expected to reply. It is commonly known as professional or enterprise SMS, the technical way to communicate with the consumers by generating time-sensitive alerts and creating authenticate online users’ services. It comprises of the messages such as banking message, critical alerts, event-based notifications, and others. It widely finds its application in banking and services sectors, advertisement agencies and several other industries. The communication is initiated from a business application.
Market Trends, Drivers, Restraints, and Opportunities: • Increasing number of mobile users, expansion of A2P messaging services in mobile payment, mobile banking, and mobile health sector is fueling the growth of the market. • Cost-effectivity of the A2P SMS platform is another reason for the global A2P SMS market’s expansion. It has an edge over other internet-based messaging services and hence expected to drive the growth of the market. • Increasing mobile activities by application marketer is also stimulating the market. • Factors such as phishing and spam message, the rise in mobile malware, such as the technical irregularity surrounding the concept of bulk SMS and illegal routes affecting the revenue of telecom operators hampers the growth of the market. • Globally, increasing mobile marketing and hybrid technology is going to foster the growth of the market during the forecast period.
Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=11495 Competitive Landscape: Major companies in the global A2P SMS market include MBlox, Tanla Solutions, SAP Mobile Services, Silverstreet BV, Tyntec, SITO Mobile, OpenMarket Inc., Genesys Telecommunications, Syniverse Technologies, Nexmo Co. Ltd., CLX Communications, Infobip, 3Cinteractive, Vibes Media, Beepsend, Accrete, FortyTwo Telecom AB, Soprano and Clearsky, among others. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=11495
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