Global Application to Person (A2P) Sms Market Foreseen to Grow at a Cagr 4.2% from 2014 to 2021

Global Application to Person (A2P) SMS Market Foreseen to Grow at a CAGR 4.2% from 2014 to 2021

Global A2P SMS market was valued at USD 53.07 billion in 2013 and is expected to reach USD 72.32 billion by 2021, growing at a CAGR of 4.2% from 2014 to 2021.

The report on “Global A2P SMS Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2021” mentions the Global A2P market to grow at the CAGR of 4.2% for the period 2014 to 2021.

To view the full report and table of contents on “Global A2P SMS Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2021” visit:
http://marketresearchengine.com/reportdetails/global-application-to-person-a2p-sms-market-research-report

The global A2P SMS market is majorly driven by the increasing mobile users and mobile applications. A2P SMS aids in communication related to updates, news, tips, notifications, marketing and alerts. This platform is being majorly used by businesses to reach directly to the consumers in a cost effective and convenient way. With trending technological innovations in the application programming interfaces (API’s) and its applicability in diverse verticals (retail, banking, healthcare, entertainment, tourism and others) is leading to the A2P SMS market growth.

Asia – Pacific region with its huge mobile user base leads the A2P SMS market. The growing applications in banking and e-commerce sites are being foreseen as the main propeller for A2P market in this region. The report segregates the applications of the A2P SMS market as promotional campaigns, customer relationship services, content services, interactive services and others. Among these customer relationship management leads the market. It includes billing and transaction related information prominent in banking and e- commerce site.
The report provides comprehensive analyses of the DRO’s, value chain analysis and annual estimates for 2015, and forecasts for the...