Global A2P SMS and CPaaS in BFSI Market Growth (Status and Outlook) 2025-2031

The global A2P SMS and CPaaS in BFSI market size is predicted to grow from US$ 22230 million in 2025 to US$ 30180 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

A2P SMS refers to the process of sending text messages from an application or software to individual recipients" mobile phones. These messages are typically generated by automated systems and are sent to provide information, alerts, notifications, marketing messages, authentication codes, and more. A2P SMS is widely used by businesses, organizations, and service providers to engage with their customers, clients, or users.

CPaaS refers to a cloud-based service that allows businesses and developers to easily integrate real-time communication features into their applications or services. This includes not only SMS but also other communication channels like voice, video, and chat. CPaaS providers offer APIs (Application Programming Interfaces) and SDKs (Software Development Kits) that enable developers to incorporate various communication functionalities without needing to build the infrastructure from scratch.

The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.

LPI (LP Information)' newest research report, the “A2P SMS and CPaaS in BFSI Industry Forecast” looks at past sales and reviews total world A2P SMS and CPaaS in BFSI sales in 2024, providing a comprehensive analysis by region and market sector of projected A2P SMS and CPaaS in BFSI sales for 2025 through 2031. With A2P SMS and CPaaS in BFSI sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world A2P SMS and CPaaS in BFSI industry.

This Insight Report provides a comprehensive analysis of the global A2P SMS and CPaaS in BFSI landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on A2P SMS and CPaaS in BFSI portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global A2P SMS and CPaaS in BFSI market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for A2P SMS and CPaaS in BFSI and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global A2P SMS and CPaaS in BFSI.

This report presents a comprehensive overview, market shares, and growth opportunities of A2P SMS and CPaaS in BFSI market by product type, application, key players and key regions and countries.

Segmentation by Type:
A2P SMS
CPaaS

Segmentation by Application:
Bank
Finance Company
Insurance Company

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Twilio
Sinch
Infobip
MessageBird
Tanla
Montnets Cloud Technology
Beijing Guodu Internet Technology
Telesign
Syniverse
Route Mobile Limited
Vibes
Plivo
Mitto
Zenvia
Genesys Telecommunications
Beijing Emay Softcom Technology
Tyntec
Accrete
Soprano
Clickatell
Pontaltech
Beijing Chuangshimandao Science and Technology
FotryTwo
AMD Telecom S.A
TXTImpact
Vonage
3Cinteractive
ClearSky Technologies

Please note: The report will take approximately 2 business days to prepare and deliver.