Application-to-Person (A2P) SMS Market to See 4.4% CAGR to 2025, Forecasts The Insight Partners in Its Topical Report Available at MarketPublishers.co
24 Nov 2017 • by Natalie Aster
LONDON – Application-to-Person (A2P) SMS is communication between an application and a subscriber via messaging services for different purposes. Along with continued evolution of smartphones together with the emergence of OTT players in the sector, the MNO’s have witnessed a sharp decline in revenues from Peer-to-Peer (P2P) messaging services. Meantime, there has been a parallel uptake in the A2P SMS revenues for MNOs worldwide.
The world’s A2P SMS market will likely see further expansion through 2025, registering a modest 4.4% CAGR. By the year 2025, the value of the world’s A2P market is forecast to climb to USD 62.1 billion. The demand for A2P SMS adoptions is predicted to be propelled by surging number of mobile phone subscribers from pole to pole, turning it into ubiquitous devices for communication purposes.
The major players in the world’s A2P SMS market includes AANAM Technologies, Vonage, DIMOCO Messaging, Twilio, Infobip, Trillian Group, CLX Communications, Syniverse Technologies, tyntec, Tanla Solutions.
Topical research report “A2P (Application-to-Person) SMS Market to 2025 – Global Analysis and Forecasts by Type, Application, Business Model and Vertical” elaborated by The Insight Partners provides a close look at the global A2P SMS market scenario, touches upon the historical background, characterises the market dynamics and examines the key market growth restraining and driving factors. Besides, this research study points out and discusses the emerging market growth opportunities and threats, offers in-depth insights into the competitive landscape, profiles the leading players, sheds light on the prevailing market trends, and also gives access to a detailed future outlook up till 2025.
For many other topical research reports by this publisher follow The Insight Partners online page at MarketPublishers.com.