USD 64.24 billion by 2028, exhibiting a CAGR of
4.6% during the forecast period.
Fortune Business Insights™ shares this information in its report, titled
Enterprise A2P SMS Market, 2021-2028 . As per the report, the value of the market stood at
USD 44.96 billion in 2020.
With the rising adoption of digital marketing solutions, the era of notifications, transactions, and alerts is upon us. Enterprises across the world are aiming to deliver quality information regarding their product to potential customers. And they are planning to do it through a medium that is more convenient to them as well as their customers. Enterprise A2P SMS is helping companies to build strong customer relations and loyalty. This software allows enterprises to improve communication, boost customer interaction, and understanding.