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The application-to-person SMS market size is forecast to increase by USD 13.85 billion between 2023 and 2028, accelerating at a CAGR of 4.36%. The A2P SMS market is experiencing significant growth, driven by several key factors. One of the primary drivers is the increasing number of smart-connected devices and smartphones worldwide, which has led to a surge in SMS traffic. Businesses are leveraging A2P SMS to engage with their customers in real time, delivering promotional offers, transactional notifications, and customer support. Additionally, the adoption of chatbots and messaging apps for customer service and marketing purposes is fueling the demand for A2P SMS. This trend is expected to continue as businesses seek to enhance their customer engagement strategies and provide seamless communication channels.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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