• About us
  • Contact Us
  • Submit a Press Release
Thursday, June 19, 2025
South-Africana
No Result
View All Result
Submit PR
  • AFRICA
    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    AfriSummit 2024: African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

  • Botswana

    Scatec reaches financial close for Botswana solar farm – Renewable Energy Magazine

    New study links Botswana’s 2022 elephant die-Off to toxic algal blooms – Tech Explorist

    Botswana – Democracy, Tribalism, Wildlife – Britannica

    BUAN Farmers Market Day thrives as a hub for local agriculture – Mmegi Online

  • Eswatini

    Eswatini AGOA trade benefits renewed for 2025 – VOA Asia

    Eswatini economy is stable to start a business — Minister of Finance – PressReader

    Dubai International Chamber Facilitates Farm To Plate's Expansion Into Eswatini For Sustainable Agriculture – OneArabia

    Qatar Embassy Delivers Medical Aid, Materials to Kingdom of Eswatini – وزارة الخارجية القطرية

  • Lesotho

    Enchanting Lesotho: The Kingdom in the Sky grounded in traditions – Business Daily

    StanChart, Standard Bank to Help Lesotho Develop Clean Energy Fund – Daba Finance

    inDrive Launches Its Services In Lesotho – Tech Labari

    Health Report: Reaching remote patients in Lesotho – VOA Africa

  • Namibia

    Data solutions enhance business efficiency – New Era

    World Bank Strategy Targets Jobs, Services in Namibia – Mirage News

    Empowering teams to embrace new technology – Namibia Economist

    Malaysia promotes health, tourism at first-ever expo in Namibia – The Star Online

  • South Africa

    Bringing black farmers into commercial agriculture in South Africa – Mail and Guardian

    South Africa faces critical skills gap, threatening business transformation by 2030: WEF report – MSN

    Good news for interest rate cuts in South Africa – BusinessTech

    Cybersecurity group Integrity360 acquires South African Nclose – Tech.eu

    ‘HMPV not mysterious or new virus’: NICD says virus not unique to China and has been present in South Africa – IOL

    South Africa’s agriculture to recover in 2025 – Mail and Guardian

  • Press releases
    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    4 Reasons Why One Needs to Invest Their Savings

    Maternity Coverage in Health Insurance

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

    Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

    Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

  • AFRICA
    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    AfriSummit 2024: African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

    خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

  • Botswana

    Scatec reaches financial close for Botswana solar farm – Renewable Energy Magazine

    New study links Botswana’s 2022 elephant die-Off to toxic algal blooms – Tech Explorist

    Botswana – Democracy, Tribalism, Wildlife – Britannica

    BUAN Farmers Market Day thrives as a hub for local agriculture – Mmegi Online

  • Eswatini

    Eswatini AGOA trade benefits renewed for 2025 – VOA Asia

    Eswatini economy is stable to start a business — Minister of Finance – PressReader

    Dubai International Chamber Facilitates Farm To Plate's Expansion Into Eswatini For Sustainable Agriculture – OneArabia

    Qatar Embassy Delivers Medical Aid, Materials to Kingdom of Eswatini – وزارة الخارجية القطرية

  • Lesotho

    Enchanting Lesotho: The Kingdom in the Sky grounded in traditions – Business Daily

    StanChart, Standard Bank to Help Lesotho Develop Clean Energy Fund – Daba Finance

    inDrive Launches Its Services In Lesotho – Tech Labari

    Health Report: Reaching remote patients in Lesotho – VOA Africa

  • Namibia

    Data solutions enhance business efficiency – New Era

    World Bank Strategy Targets Jobs, Services in Namibia – Mirage News

    Empowering teams to embrace new technology – Namibia Economist

    Malaysia promotes health, tourism at first-ever expo in Namibia – The Star Online

  • South Africa

    Bringing black farmers into commercial agriculture in South Africa – Mail and Guardian

    South Africa faces critical skills gap, threatening business transformation by 2030: WEF report – MSN

    Good news for interest rate cuts in South Africa – BusinessTech

    Cybersecurity group Integrity360 acquires South African Nclose – Tech.eu

    ‘HMPV not mysterious or new virus’: NICD says virus not unique to China and has been present in South Africa – IOL

    South Africa’s agriculture to recover in 2025 – Mail and Guardian

  • Press releases
    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    4 Reasons Why One Needs to Invest Their Savings

    Maternity Coverage in Health Insurance

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

    Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

    Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

Submit PR
No Result
View All Result
South-africana
Submit PR
Home Press Releases

SMS Market Analysed to Grow at a CAGR of 7.9% During the Forecast 2021-2026

admin by admin
February 13, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 13, 2022 ) SMS Market is analysed to grow at a CAGR of 7.9% during the forecast 2021-2026 to reach $60.3 billion by 2026. SMS stands for Short Message Service which is typically a text messaging service and a component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile devices exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS can be of many types such as Application generated, Personal or Human generated and others and used for different applications worldwide. Application to Person (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 are used for various applications such as outbound marketing, offering promotional campaigns and various transactional messages to build better customer relationships across a wide range of industries, such as BFSI, retail & e-commerce, travel & tourism, marketing, local businesses, healthcare and many others. These wide range of user applications and informative applications tend to enhance the global SMS Market size in the forecast period.

SMS Market Segment Analysis – By Type

By Type, the SMS Market Report is segmented into Application generated, User generated and Others. User generated is analysed to hold highest share and grow at highest CAGR of 7.9% during the forecast period 2021-2026 owing to the increasing number of mobile subscribers across the globe. User generated SMS are typically those services which are used by the customers to communicate and share information with the help of text messages from one source to other source. With the advancement in SMS services offered by the mobile operators, now users can communicate with SMS services from one country to other. Various schemes are now being provided to the customers such as unlimited SMS for a period of time which has brought a major boost in the market growth of SMS Market in global level. On the other hand, Application generated SMS are typically used for authentication and verification of users and for various information broadcasting applications.

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=507751

Report Price: $ 5900 (Single User License)

SMS Market Segment Analysis – By Applications

By Applications, the SMS Market Report is segmented into Authentication, Promotion & Marketing, Customer Relationship Management (CRM), Information Broadcasting, Health Notifications and Others. Authentication segment is analysed to grow at highest CAGR of 8.2% during the forecast period 2021-2026. With the increasing demand of providing security to customer personalized data over small and large enterprise sector as well as personal level, the need to authenticate and verify the customer is genuine or not, SMS services are used in various end use industries. Rise in advancement of technologies, users are now provided with two-step verification system with the help of SMS. Moreover, different BFSI industries uses One-time password (OTP) service for instant verification of the customer. These developments has brought a significant growth in the Authentication & Verification application of SMS Market in global level.

SMS Market Segment Analysis – By Geography

Asia-Pacific is analysed to be the major region with a share of 30% in 2020 for the SMS Market owing to the presence of highly populated countries such as China, India, Japan and Others. With the availability of large number of population, the number of mobile subscribers is of major factor for the growth of SMS Market in this region. Moreover, high population density further increases the number of bank users which further enhanced the application of authentication and verification through SMS services. Moreover, the SMS services used for the promotion & marketing of various products or services through SMS is expected to bring significant growth in the demand of SMS Market in this region. However, North America region is analysed to grow at highest rate during the forecast period 2021-2026 majorly attributed to the presence of large enterprises and various Cloud based SMS providers which will drive the market growth of SMS Market in the forecast period.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=507751

SMS Market Drivers

Growing number of Mobile subscribers:

The growing mobile subscribers base has brought a significant growth in the SMS market. As per the GSMA Mobile economy 2021 report, there were approximately 5.2 billion unique mobile subscribers in 2020 and is expected to reach 5.7 billion by the end of 2025 with the CAGR of 1.8%, wherein smartphones accounted for 60% of the connections, and it is expected that the number would reach approximately six billion in 2026, with an 80% share of smartphones. With the increase in the mobile subscriber base, enterprises, MNOs, and application developers have the opportunity to connect directly with their customers more efficiently across the globe. As it would be expected, customers with mobile phones frequently use messaging to communicate, this enables enterprises to send notifications, alerts, verifications, and promotional messages to their customers using SMS features. These features tend to drive the SMS Market growth in the forecast period.

Rising demand of security and Promotional messages:

Rising demand of security for the customers to overpower hack of bank accounts, piracy of transaction details and personalized data is a major driving factor for the growth of SMS market. Leading organizations of the BFSI Industry is providing highly secured data protection to their customers by using SMS features for verification and authentication of user. Various features such as One-time password (OTP) and sharing of important links through SMS to registered mobile subscriber has brought a two-step verification facility to the customers. Moreover, marketing sector has provided a boom in the growth of SMS market in global level. Providing all the updates and promoting their products to the customers using SMS features to increase sale and revenue of their company is another factor which is used in recent years which has driven the SMS Market growth in global market.

SMS Market Challenges

Stringent government regulations and policies:

Messaging is the simple, easiest, most commonly used, and fastest communication channel for any enterprise or user to address in a small or larger scale. It is most commonly used in various industries, such as banking, finance, retail, healthcare, and travel and hospitality. Owing to the personal nature of text messages, and the context transmitted in them, it is highly regulated by government bodies all over the globe. Government regulatory bodies are more concerned about addressing customer issues related to the security provided by enterprises and MNOs in the Application to person messaging space. Regulatory laws restrict enterprises to send bulk SMS to their customers. There are several restrictions placed on enterprises, SMS aggregators, and MNOs over sending messages to the customer in terms of the limited number of messages per day, particular time slot, and do-not-disturb activation by user. Industry governing bodies such as Cellular Telecommunications and Internet Association (CTIA), National Regulatory Authorities (NRAs), TRAI, and Federal Communications Commission (FCC) have implemented complex rules and regulations on the use of text messaging. These strict government regulations and policies will bring major challenges in the SMS Market growth in the forecast period.

SMS Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the SMS Market. The SMS top 10 companies includes Teckst, SendPulse, Teradata, Mozeo, LLC, FirstHive, Target Everyone, Avochato, SimplyCast, TextMagic, CallHub, Mobile Text Alerts, Twilio, Cytech Ltd. among others.

Acquisitions/Technology Launches/Partnerships

In November 2020, Twilio acquired Segment, the market-leading customer data platform, at USD 3.2 billion. This acquisition helps developers and companies to access the world’s leading cloud communications platform to effectively manage customer communications, including SMS, Messaging, Voice, Video, Email, and Internet of Things (IoT).

Key Takeaways

Growing number of mobile subscribers and rising demand of user identification and verification systems in global market is analysed to significantly drive the market during the forecast period 2021-2026.

User generated is analysed to hold significant share in 2020 owing to the increasing number of mobile subscribers across the globe. This tends to bring major growth in the number of SMS users in the global level further propelling the SMS Market growth.

Authentication is expected to hold the highest market share in the forecast period owing to rise in the demand of security over small enterprises, large enterprise and various government generated programs.

Asia-Pacific is analysed to grow at highest CAGR during the forecast period owing to the availability of largest population as compared to other regions. This high number of population further boosts the number of mobile subscribers which is major growing factor of SMS Market.

Related Reports:

A. A2P SMS Market

https://www.industryarc.com/Research/A2P-SMS-Market-Research-510367

B. SMS Firewall Market

https://www.industryarc.com/Research/Sms-Firewall-Market-Research-500568

For more Information and Communications Technology Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



Source link

Previous Post

Premier Diamond Group on Recent Finds of Natural Colored Diamonds

Next Post

Pharmaceutical Drug Delivery Market worth $2,206.5 billion by 2026

Related Posts

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters
Press Releases

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

June 18, 2025
4 Reasons Why One Needs to Invest Their Savings
Press Releases

Maternity Coverage in Health Insurance

June 18, 2025
EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR
Press Releases

EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

June 17, 2025
Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth
Press Releases

Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

June 17, 2025
Automotive HVAC Market Heats Up with Smart Climate Tech | Denso, Visteon to Lead the Market
Press Releases

Automotive HVAC Market Heats Up with Smart Climate Tech | Denso, Visteon to Lead the Market

June 17, 2025
Remote Patient Monitoring Market CAGR of 19.30%, Driving Technology, Growth Dynamics, Size, Demands and Industry Forecast 2032
Press Releases

Remote Patient Monitoring Market CAGR of 19.30%, Driving Technology, Growth Dynamics, Size, Demands and Industry Forecast 2032

June 17, 2025

LATEST NEWS

Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

June 18, 2025
4 Reasons Why One Needs to Invest Their Savings

Maternity Coverage in Health Insurance

June 18, 2025
Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

June 17, 2025
Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

June 17, 2025

About

South Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. To submit a press release today, contact us.

Categories

BOTSWANA

ESWATINI

LESOTHO

NAMIBIA

SOUTH AFRICA

PRESS RELEASES

Recent Post

Recent Posts
  • Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement
  • Maternity Coverage in Health Insurance
  • Data Center Market to Surpass USD 150 Billion by 2032 | CAGR 7.82% (2024-2032) | Empowering Digital Growth

Subscribe to Our Newsletter

    Share Us

    South Africana™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC

    No Result
    View All Result
    • AFRICA
    • Botswana
    • Eswatini
    • Lesotho
    • Namibia
    • South Africa
    • Press releases

    © 2024 Copyright SOUTH-AFRICANA