Asia Pacific to lead A2P SMS Market by 2022
Infoholic Research in its recently published study on "Global A2P SMS Market Trends & Forecast – 2016-2022”, predicts transactional services to dominate A2P SMS market due to increasing retail and e-commerce transactions and mobile banking. Globally, increasing mobile subscriber base and world population are the key drivers for this market growth. The BFSI and Retail verticals are contributing the major market share for the A2P SMS market growth. The Global A2P SMS market is expected to grow at a CAGR of 5.7%during the period 2016-2022.
As per the market study, in 2016, North America set to be strongest performer for A2P SMS market. The Asia pacific region holds the huge growth opportunity for A2P SMS players in next six years followed by Latin America and MEA regions.
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"A2P SMS has become a key revenue pocket for MNOs as A2P messages traffic is expected to reach 2.5 trillion by 2020. Many MNO'ss are only keen on their regional marketsand not capitalizing international A2P traffic, which could rather be theactual revenue stream for them". Said- Tariq Ahmed. Shaik, Research Operations.
Globally, A2PSMS market is expected to play a pivotal role in mobile messaging market. The increasing demand for the real-time information from the consumers will lead business to adopt this technology to improve their consumer's confidence. In next five years, Emerging countries areset to be the future growth opportunity for A2P SMS players. Said-Bhavya. H, Research Analyst.
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KeyInsights of Global A2P SMS market reports 2016-2022
- Mobile market outlook, mobilemessaging revenue, SMS types, smartphone and tablet shipments
- The Global A2P SMS market isanalyzed by Services, Verticals and Regions
- In-depth analysis about the major services in A2P SMS market
- Vertical industry outlook; ITspending, emerging trends, drivers, challenges, growth opportunities and adoption rate of A2P SMS in next six years
- A2P SMS market opportunity ineach verticals, A2P SMS use cases, adoption rate for A2P SMS in each verticals
- Latest trends, Current marketscenario, government initiative for A2P SMS market growth.
- The regions covered in thisreport are North America, Western Europe, Asia-Pacific, Central Eastern Europe,Middle East & Africa and Latin America. Further market is analyzed bycountry wise
- Country wise analysis includes;market trends, populations and mobile phone users forecasts and market size foreach country