A2P SMS Market Expected to Grow 4.10% and be worth US$ 60.11 Bn by 2025-Banking and Finance Sector 2018

The Global A2P SMS Market report covers the various segmentations which include type of product, applications, regions, and the top players. The market scenario included in the Global A2P SMS report provides key information of the competition in the competitive analysis. Every major player’s detailed company profile and the latest sales figures, along with their future projection are provided to the customer to be able to tackle the competition well.

Global A2P SMS Market valued approximately USD 60.11 billion in 2016 is forecasted to grow with a healthy growth rate of more than 4.10% over the forecast period 2018-2025. The major factors speculated to augment the markets are growth in e-commerce industry, growing demand across end-user industries viz gaming, media, retail, and others, and increasing internet penetration across developing regions.

The detailed segments and sub-segment of the A2P SMS market are explained below:

By Application:
Customer Relationship Management Services
Inquiry Related Services
Interactive Services
Pushed Content Services
Promotional Campaigns
Other

By End-User:
Banking, Financial Services, & Insurance (BFSI)
Entertainment & Media
Retail
Healthcare & Hospitality
Travel & Transport
Others

Source URL@ https://www.reuters.com/brandfeatures/venture-capital/article?id=56568