Cloud X - Message ME
Enterprise grade messaging platform for sending and receiving SMS .
A typical End to End,SMS flow from CX Message ME platform.
Enterprise grade messaging platform for sending and receiving SMS .
A typical End to End,SMS flow from CX Message ME platform.
A2P SMS Market will be 72.8 Billion USD Market by 2025 at CAGR of 3.2%.
The global A2P messaging market size is expected to grow from USD 62.1 billion in 2020 to USD 72.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period. A2P messaging is the powerful medium for businesses or enterprises in the communication market space to connect with mobile consumers. Businesses use text messaging to notify the users about updates for improving the user experience, which results in revenue growth of the company. SMS help in generating leads, increasing sales, and building better customer relationships across a wide range of industries, such as BFSI, retail & ecommerce, travel & tourism, marketing, hyperlocal businesses, and healthcare.
he global enterprise A2P SMS market size was USD 44.96 billion in 2020. The impact of COVID-19 has been unprecedented and staggering, with enterprise A2P SMS witnessing a positive demand shock across all regions amid the pandemic. Based on our analysis, the market will exhibit a significant growth of 3.9% in 2020 as compared to year-on-year growth during 2017-2019. The market is projected to grow from USD 46.81 billion in 2021 to USD 64.24 billion in 2028 at a CAGR of 4.6% in the 2021-2028 period. The steady rise in CAGR is attributable to this market’s demand and growth rate returning to pre-pandemic levels once the pandemic is over.
A2P SMS market is expected to grow from US$ 44.12 Bn in 2017 to US$ 60.55 Bn by 2025 at a CAGR of 4.1% between 2018 and 2025. The ubiquitous nature of SMS ensuring maximum reach out to customers who stay even in the remotest areas has prompted marketers to switch to this communication channel. The steady inclination towards using SMS for marketing and other allied activities has been very effective and consequently been adopted by various industry verticals. Apart from that, SMS has also been adopted for security authentication purposes proving to be of high worth to BFSI vertical. High adoptions of A2P SMS have resulted in the revenues of A2P SMS crossing P2P SMS and prompting companies to launch innovative products and solutions in it.
The Global A2P Messaging Market size is expected to reach $77.1 billion by 2026, rising at a market growth of 3.7% CAGR during the forecast period. SMS is a universal method to reach people by using the basic feature phone without supplementary access to data services. The application-to-person (A2P) SMS is a form of SMS service, which is sent from an application, mostly from a web application to mobile users. This type of SMS service is mainly used for marketing messages, alerts, notifications, and flight alerts. SMS can outreach any network across the world and is centrally invoiced, which makes it the most popular content delivery medium.
The A2P SMS market in the U.S. is estimated at US$16 Billion in the year 2021. The country currently accounts for a 26.2% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$14.4 Billion in the year 2026 trailing a CAGR of 4.7% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market(as defined in the study) will reach US$15.1 Billion by the end of the analysis period.
Supports multiple customer on single web based platform.
Supports sending messsages in Multiple international langauges.
CX Message ME platforms comes with reseller system support and resellers can manage their end customers.
Extensive built in API's to support 3rd party integrations.
Custom application development is possible using CX's - ME plaform.
