Penetration of Smartphones in Asia Pacific to Drive the Advancement of Applicati

Posted by Arslan on January 24th, 2019

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Application-to-Person (A2P) SMS and API Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

There has been a significant rise in the demand for A2P SMS API with the pervasiveness of mobile phones. Rising trends of maintaining healthy customer relationships have compelled the enterprises to adopt A2P SMS API. With the rise in the digital payments that require two-step authentication process, the demand for A2P SMS API has been created by the payment transaction service providers and OTT (over the top) service providers.

Extensive adoption of A2P SMS API by the businesses to promote their products has been witnessed in recent years, which is further envisaged to fuel the demand for the service and A2P SMS API market is predicted to record a CAGR of over 4% through 2026. The aforementioned valuable insights have been culled from a report titled, “Application-to-Person (A2P) SMS and API Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026”, which has been constituted in the broad repository of Market Research Reports Search Engines (MRRSE).

Rise in the number of mobile subscribers across Asia Pacific has contributed to the rapid growth of market in this region. With the advent of the ecommerce industry, deeper penetration of smartphones, and increasing number of digital payments, the market in Asia Pacific is forecasted to be valued at over US$ 20,000 Mn through 2026.

The detailed report on A2P SMS API market offers a precise forecast during 2016-2026. Here, 2017 is considered as base year. The forecast has been provided for 2018-2026. The study comprises of technologies and prominent trends that impact the market during the forecasted period. The study encompasses a holistic view on the drivers, opportunities, and restraints of market during the forecasted period.

The market evaluation has been done in value (US$ Mn). A brief overview has been incorporated in this report, which consists of market dynamics for identifying the restraints, opportunities and drivers that can influence the existing scope and future of market. The study consists of ecosystem analysis, pricing analysis, and major market indicators to understand the future scope of A2P SMS API market.

A detailed analysis on market attractiveness has been discussed in this report for each segment in this report, so as to offer a decisive outlook on the overall status of market. The global A2P SMS API market is classified, depending on the traditional API and technology used in cloud API, which has been constituted in this report.

Geographically, A2P SMS API market has been segmented into North America, South America, Asia Pacific, Europe, and Middle East & Africa, which has been included in this report. The report elucidates on the market size for each of these regional split and the demand drivers that have influenced the market growth

The report profiles some leading players in the industry, which comprises of Forty Two Telecom AB, Tyntec Ltd., Beepsend AB, CLX Communications, Ogangi Corporation, Twilio Inc., Nexmo Inc., OpenMarket, Inc., Syniverse Technologies, and LLC. A brief overview has been provided on each of these players, along with their market size, business strategies, and financial status. The valuable insights from this report will help the stakeholders formulate sustainable business strategies.