Product Code: CMI890
The global enterprise A2P SMS market is estimated to be valued at US$ 64.07 Bn in 2024 and is expected to reach US$ 89.83 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 64.07 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.90% |
2031 Value Projection: |
US$ 89.83 Bn |
Figure. Enterprise A2p Sms Market Share (%), By Region 2024
The global enterprise A2P SMS market is projected to grow substantially in the coming years. Enterprise A2P or application-to-person messaging refers to SMS text messages sent from an application, as opposed to person-to-person messaging. Various enterprise applications use A2P SMS for purposes like one-time passwords, notifications, promotional offers, appointment reminders, and other time-critical communications. As businesses increasingly recognize the scope of mobile engagement and seek more effective ways to reach customers, the demand for A2P SMS is rising at a tremendous pace. Moreover, the high mobile penetration globally has created a massive addressable market for A2P messaging services. Technological advancements are also simplifying the integration of SMS into various business applications, propelling the market growth.
Market Dynamics:
The global enterprise A2P SMS market is driven by factors such as growing demand for mobile marketing campaigns, increasing emphasis on mobile customer engagement, rapid digitalization of enterprises across industries, and evolving regulatory standards supporting commercial SMS. However, the market faces restraints from spam messages, data privacy concerns, and rate volatility. At the same time, developments like rich communication services (RCS), ongoing 5G deployments, and expansion of Wi-Fi calling create new opportunities. Furthermore, many companies are exploring chatbots and AI-based solutions to develop more personalized texting experiences, which can reshape the competitive landscape in the coming years.
Key Features of the Study:
- This report provides in-depth analysis of the global enterprise A2P SMS market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global Enterprise A2P SMS market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Accrete, AMD Telecom S.A., Beepsend, ClearSky, CLX Communications, Genesys Telecommunications, Infobip, MBlox, Nexmo Co. Ltd., Ogangi Corporation, OpenMarket Inc., SAP Mobile Services, SITO Mobile, Silverstreet BV, Soprano.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global enterprise A2P SMS market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global enterprise A2P SMS market.
Detailed Segmentation:
- By Deployment
- By Application
- Pushed Content Services
- Interactive Services
- Promotional Campaigns
- Customer Relationship Management (CRM) Services
- Others
- By Vertical
- BFSI
- Healthcare
- Media & Entertainment
- Retail & E-commerce
- Travel & Tourism
- Others
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- Accrete
- AMD Telecom S.A.
- Beepsend
- ClearSky
- CLX Communications
- Genesys Telecommunications
- Infobip
- MBlox
- Nexmo Co. Ltd.
- Ogangi Corporation
- OpenMarket Inc.
- SAP Mobile Services
- SITO Mobile
- Silverstreet BV
- Soprano
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Deployment
- Market Snippet, By Application
- Market Snippet, By Vertical
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Enterprise A2P SMS Market, By Deployment, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Cloud-based
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- On-premises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Enterprise A2P SMS Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Pushed Content Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Interactive Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Promotional Campaigns
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Customer Relationship Management (CRM) Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Enterprise A2P SMS Market, By Vertical, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- BFSI
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Healthcare
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Media & Entertainment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Retail & E-commerce
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Travel & Tourism
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Enterprise A2P SMS Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- North America
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Vertical, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
8. Competitive Landscape
- Company Profiles
- Accrete
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- AMD Telecom S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Beepsend
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ClearSky
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- CLX Communications
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Genesys Telecommunications
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Infobip
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MBlox
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Nexmo Co. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ogangi Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OpenMarket Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SAP Mobile Services
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SITO Mobile
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Silverstreet BV
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Soprano
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact