Global A2P SMS Messaging Market Size, Status and Forecast 2022-2028
Market Analysis and Insights: Global A2P SMS Messaging Market
The research report studies the A2P SMS Messaging market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global A2P SMS Messaging market size was value at US$ 21.19 billion in 2021 and is forecast to be a readjusted size of US$ 22.16 billion by 2028 with a CAGR of -0.05% during the forecast period 2022-2028.
The global main companies of A2P SMS Messaging include Twilio, Infobip, Sinch, Montnets Cloud Technology, Guodu interconnection, SAP Digital Interconnect, Telesign, MessageBird, and OpenMarket Inc., etc. In 2021, the global six largest players have a share approximately 22% in terms of revenue.
The North America A2P SMS Messaging market size was US$ 5839.5 million in 2021, while China was US$ 3501.7 million. The proportion of the China was 16.53% in 2021 and it is predicted that the share will reach 15.72% in 2028, trailing a CAGR of -0.79% through the analysis period. As for the Europe A2P SMS Messaging landscape, Germany is projected to reach US$ 873.7 million by 2028. And in Asia, the notable markets are India and Southeast Asia, CAGR is 1.18% and 0.74% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Marketing A2P SMS accounting for 41.79% of the A2P SMS Messaging global market in 2021, is projected to value US$ 9280.1 million by 2028, growing at a revised -0.06% CAGR from 2022 to 2028. While BFSI segment is altered to a 0.02% CAGR throughout this forecast period and will hold a share about 67.00% in 2028.
Global A2P SMS Messaging Scope and Market Size
A2P SMS Messaging market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global A2P SMS Messaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
Twilio
Infobip
Sinch
Montnets Cloud Technology
Guodu interconnection
SAP Digital Interconnect
Telesign
MessageBird
OpenMarket Inc.
Vibes
Wavy
Beijing TrustMeDu Sci-Tech
Plivo
Zenvia
Beijing Emay Softcom Technology
Mitto
Genesys Telecommunications
Route Mobile Limited
Silverstreet BV
ACL Mobile
Tyntec
Clickatell
Pontaltech
TXTImpact
Accrete
Segment by Type
Industry Application SMS
SMS Verification Code
Marketing SMS
Segment by Application
BFSI
E-commerce
Retail
Travel
Government Agency
Transportation and Logistics
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Rest of APAC
Europe
Germany
France
U.K.
Italy
Russia
Spain
Rest of Europe
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East & Africa
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