Christy Publications Enterprise A2P SMS Market | Page 2

Browse over 40 Market Data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "Enterprise A2P SMS Market, by Application (pushed content services, customer relationship management services, promotional campaigns, and interactive services), by Organization Size (Small and Medium Enterprises and Large Enterprises), by End Users (education, utilities, banking, finance, service and insurance, government, healthcare, advertising, retail & e- commerce, transport), and by Geography – Global Forecast to 2025" Explore market research @ https://www.coherentmarketinsights.com/insight/request-pdf/890 Key Takeaways of the enterprise A2P SMS Market: The global enterprise A2P SMS market is estimated to exhibit a CAGR of 6.1% over the forecast period. In 2016, this market generated revenue of US$ 59.9 billion and is projected to reach US$ 108.2 billion by 2025 Among application, the customer relationship management service segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Owing to high focus on customer engagement and adoption of digitalization by various business organization, the segment is expected to gain significant traction. Among end users, the banking, financial services, and insurance segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Moreover, retail and e-commerce industry is projected to exhibit the highest CAGR over the forecast period. Among organization size, the large enterprise segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Increasing adoption of digitalization in various companies of different verticals, have fueled growth of the enterprise A2P SMS market. Among geography, Asia Pacific enterprise A2P SMS market held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. In 2016, this market in Asia Pacific generated revenue of US$ 28.2 billion with 44.2% market share. India, China, and Japan are some of the major countries that drive rapid growth of this market in Asia Pacific.