The global A2P SMS market is estimated to register a CAGR of
around 4.3% between 2018 and 2024. The market is mainly driven by the
increasing demand from applications such as mobile banking, mobile payments,
and mobile health services. Application-to-person (A2P) SMSs are widely used as
effective tools for customer engagement, customer service, activation and
authentication and as service delivery functions by enterprises and
organizations are expected to drive the A2P SMS market. Due to the high
technological adoption in developed countries like U.S., Canada, and France
among others. The increasing demand mainly from the developing regions like
Middle East & Africa, Asia-Pacific, and South American countries are also
driving the market. The emerging markets such as India, China, Brazil,
Southeast Asia, and Japan are expected to change the trends and dynamics of the
market in the future. The regions covered in this report are North America,
Europe, Asia-Pacific and Rest of the World.
Read More
Comments
Post a Comment