+91-33-4600-9199  (India), +1-414-240-5010 (U.S.)
Application-to-Person (A2P) SMS and API Market is Expected to Reach US$ 104.1 Billion by 2032
Published : May 2022

According to a market report, published by Sheer Analytics and Insights, the total global application-to-person (a2p) sms and API market was valued at $47.8 billion in 2021 and it is expected to reach $104.1 billion at a CAGR of 7.00% between 2022 and 2032. A2P SMS is also known as enterprise or business SMS, which is used as a technique where text is sent from software applications run by an enterprise to a consumer’s device. A2P messaging is a popular set up of sales and marketing communication between a company and its customers. There are a few trends such as two-factor authentication, anti-fraud alerts, and the creation of company support channels through social networking applications, online reservation systems, and IoT device alerts, which are supporting the market to gain significant growth. The advantage of A2P SMS for IoT applications is that the device does not need to be online to receive SMS. Furthermore, A2P SMS saves battery usage, can lower costs, and ensures devices that have a backup channel receive or transmit data. Moreover, the rising reliance of customers on smartphones for various activities that include social networking, shopping, and usage of mobile wallets on daily basis is estimated to provide high growth opportunities to the global A2P SMS and API market throughout the forecast period. 

Messaging is the simplest, easiest, and most commonly used in various industries such as banking, finance, retail, healthcare, travel, and hospitality. Additionally, it is highly regulated by government bodies all over the globe due to the personal nature of text messages, and the context transmitted in them. However, government regulatory laws restrict enterprises to send bulk SMS to their customers. Besides this, there are some restrictions placed on enterprises, SMS aggregators, and MNOs over sending messages to the end-users in terms of the limited number of SMS every day. Therefore, the degree of rules and regulations varies from country to country, which impacts the A2P messaging market. Over the top messaging platforms such as WhatsApp, Telegram, and Facebook are rising which have created barriers for major players in A2P SMS across the globe. These platforms use internet connection and provide messaging services to a large number of customers for free of cost facility. Hence, this is expected to hamper the growth of the A2P SMS and API market in some countries.

Request a Sample Copy of Report: https://www.sheeranalyticsandinsights.com/request-sample/application-to-person-a2p-sms-and-api-market-21

However, SMS farms are connected with illegal activities such as non-compliant actions, which might reduce the significant cost of an A2P SMS. Due to this several mobile networks prohibit sending bulk SMS from one card. Since a large number of consumers share the same network bandwidth, eventually violating network fair usage agreements, which is leading to a loss of revenue share. Furthermore, Messaging solution providers in this market offer multi-channel cloud-based mobile marketing platforms to create push messaging and SMS advertisements. Therefore, these rising factors are expected to drive the global A2P SMS and API market during the forecast period from 2022 to 2032.                               

According to the study, key players such as AT&T Communications (U.S), Amdocs (U.S), Anam Technologies Limited (Sweden), AMD Telecom S.A (Greece), Cinch Computer Software (Sweden), China Mobile Communications Group (China), DIMOCO (Austria), FortyTwo Telecom (Sweden), Genesys (U.S), Infobib (U.K), Messangi (U.S), Mitto (Switzerland), Nippon Telegraph and Telephone (Japan), Orange S.A (France),  State-Owned Assets Supervision and Administration (China), Silverstreet BV (Netherlands), SAP SE (Germany), Tanla Solutions (India), Twilio (U.S), Tata Sons (India), Tyntec (Germany), The Carlyle Group (U.S), Vonage Telecommunications (U.S), Vodafone Group (U.K), Zen Integrative Technologies (UAE), among others are leading the global application-to-person and API market.

The Global Application-to-Person and API Market Has Been Segmented Into:

The Global Application-to-Person and API Market – by Product Type:

  • Cloud API
  • Traditional API

The Global Application-to-Person and API Market – by Applications:

  • SMS Aggregators
  • Bulk SMS Providers
  • Marketers/Resellers
  • Telecom Operators

The Global Application-to-Person and API Market –by End-Users:

  • BFSI
  • Retail and Commerce
  • Healthcare Sectors
  • Travel and Hospitality
  • And Others

The Global Application-to-Person and API Market – by Regions:

North America

  • U.S.
  • Canada
  • Mexico

 Europe

  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe Countries

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • North Korea
  • Rest of Asian Countries

LAMEA

  • Brazil
  • Saudi Arabia
  • Rest of LAMEA

Browse The Full Report at https://www.sheeranalyticsandinsights.com/market-report-research/application-to-person-a2p-sms-and-api-market-21

 

About Us

Sheer Analytics and Insights Private Limited is market research, consulting, and IT services company. We as a company believe in providing point to point data and its analysis with the combination of our human and automation integration. Sheer Analytics and Insights cover majorly eight industry verticals, including chemicals, life science, communications, and electronics, materials, consumer goods, defense, and BFSI sector.

Sheer Analytics believes in quality work and ensures that the product delivered to the client is meaningful for them. We publish reports based on our advanced analytics reports, which are generated with the help of our in-house databases, external databases, and artificial intelligence integration processes. We stand out from other market research companies in terms of integrating facts with meaningful insights for forecasting. 

Contact:

Abhigyan Sengupta

Sheer Analytics and Insights

Email: query@sheeranalyticsandinsights.com

+1-414-240-5010

Website: https://www.sheeranalyticsandinsights.com/

Registered Office
RDB Boulevard, 8th Floor, Plot K 1, Sector 5, Block EP and GP, Kolkata 700091, India.
Contact Us
+91-33-4600-9199
+1-414-240-5010
sales@sheeranalyticsandinsights.com
Stay Informed
Submit Your Query
Hot Links