Asia A2P SMS & CPaaS Market Growth (Status and Outlook) 2021-2026

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Asia A2P & CPaaS market is anticipated to register a significant CAGR of 8.9% during the review period to surpass the highest market value of USD 31,394.8 Million by the end of 2026.

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Description

Asia A2P SMS & CPaaS Market (Status and Outlook) 2021-2026

Market Overview
Asia A2P & CPaaS market is anticipated to register a significant CAGR of 8.9% during the review period to surpass the highest market value of USD 31,394.8 Million by the end of 2026. Application-to-Person messaging (A2P) also known as enterprise or professional SMS is a type of message communication in which mobile messages are sent from an application to a mobile user. Communications Platforms as a Service (CPaaS) facilitates organizations to add communications functionality to internet-authorized applications or devices without the conventional platform. The application of A2P & CPaaS messaging in enterprise business strategy is estimated to enhance the growth of the market in the future.

The regional market is driven by the rising mobile subscriber base and growing demand for messaging platforms in the enterprise sector. However, the lack of infrastructure in developing countries with low per capita income in countries, such as Vietnam and the Philippines is expected to hinder the market during the review period. The communication systems in Asian countries are being upgraded these days because of the rapid technological advancements taking place and the rising adoption of cloud-based technologies.

Market Segmentation
Asia A2P SMS & CPaaS market has been segmented on the basis Type, Vertical, and Region.

The by Type segment of the market is divided into A2P SMS, CPaaS (Voice), CPaaS (Message excluding SMS), and CPaaS (Video). The by Vertical segment further segmented by BFSI, retail & e-commerce, ITES & telecom, media & entertainment, utilities & logistics, public sector, healthcare, travel & leisure, and others.

Regional Analysis
The geographic analysis of the Asia A2P SMS & CPaaS market is categorized into China, India, Japan, Malaysia, Taiwan, the Philippines, Singapore, South Korea, and the rest of APAC.

China is expected to drive the largest market share owing to the highest market contribution, due to the large population and several companies preferring messaging over the WeChat application for promotional and transactional security messages. Also, the market growth is attributed to the rising digital payment transactions in the country.

The A2P SMS & CPaaS market in India is anticipated to witness the largest CAGR of 10.5% in the Asia region due to the rising applications of messaging services for marketing campaigns as well as for transactional purposes from hospitals, banks, insurance firms, airline companies, the IT & telecommunications companies, retail & e-commerce companies, and others.

Major Players
The major players in the Asia A2P SMS & CPaaS market are Twilio Inc (US), RingCentral Inc (US), Infobip Ltd (UK), Sinch (Sweden), Vonage (US), OpenMarket (US), TeleSign (US), MessageBird (Netherlands), Bandwidth Inc. (US), IMImobile PLC (CISCO Systems) (UK), Avaya Inc. (US), Route Mobile Limited (India), Kaleyra (Italy), Plivo Inc. (US), and Mitto (Switzerland).

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 INCREASE IN MOBILE SUBSCRIBER BASE
4.2.2 RISING DEMAND FOR MESSAGING PLATFORMS IN THE ENTERPRISE SECTOR
4.3 RESTRAINT
4.3.1 LACK OF INFRASTRUCTURE
4.4 OPPORTUNITY
4.4.1 A2P & CPAAS MESSAGING PLATFORM AS A PART OF ENTERPRISE BUSINESS STRATEGY
4.5 IMPACT OF COVID-19
4.5.1 IMPACT ON OVERALL MARKET Y-O-Y FOR 2020–2022
4.5.2 IMPACT ON ENTERPRISE ACROSS VERTICALS
4.5.3 IMPACT ON DEMAND FROM THE GOVERNMENT VERTICAL
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS
5.1.1 A2P & CPAAS SOLUTION PROVIDERS
5.1.2 MOBILE NETWORK OPERATORS
5.1.3 ENTERPRISES
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
6 ASIA A2P SMS & CPAAS MARKET, BY TYPE
6.1 OVERVIEW
6.2 A2P SMS
6.3 CPAAS (VOICE)
6.4 CPAAS (MESSGAE EXCLUDING SMS)
6.5 CPAAS (VIDEO)
7 ASIA A2P SMS & CPAAS MARKET, BY VERTICAL
7.1 OVERVIEW
7.2 BFSI
7.3 RETAIL AND E-COMMERCE
7.4 ITES & TELECOM
7.5 MEDIA & ENTERTAINMENT
7.6 UTILITIES & LOGISTICS
7.7 PUBLIC SECTOR
7.8 HEALTHCARE
7.9 TRAVEL & LEISURE
7.10 OTHERS
8 ASIA A2P SMS & CPAAS MARKET, BY COUNTRY
8.1 OVERVIEW
8.1.1 ASIA A2P SMS & CPAAS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
8.2 CHINA
8.2.1 CHINA: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.2.2 CHINA: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.3 INDIA
8.3.1 INDIA: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.3.2 INDIA: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.4 JAPAN
8.4.1 JAPAN: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.4.2 JAPAN: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.5 MALAYSIA
8.5.1 MALAYSIA: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.5.2 MALAYSIA: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.6 TAIWAN
8.6.1 TAIWAN: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.6.2 TAIWAN: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.7 PHILIPPINES
8.7.1 PHILIPPINES: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.7.2 PHILIPPINES: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.8 SINGAPORE
8.8.1 SINGAPORE: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.8.2 SINGAPORE: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.9 SOUTH KOREA
8.9.1 SOUTH KOREA: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.9.2 SOUTH KOREA: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
8.10 REST OF ASIA
8.10.1 REST OF ASIA: A2P SMS & CPAAS MARKET, BY TYPE, 2018–2026 (USD MILLION)
8.10.2 REST OF ASIA: A2P SMS & CPAAS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
9 COMPETITVE LANDSCAPE
9.1 COMPETITIVE BENCHMARKING
9.2 VENDOR SHARE ANALYSIS
9.3 RECENT DEVELOPMENTS
9.3.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS
9.3.2 ACQUISITIONS
9.3.3 BUSINESS EXPANSIONS
9.3.4 PRODUCT LAUNCHES/DEVELOPMENTS
10 COMPANY PROFILES
10.1 TWILIO INC.
10.1.1 COMPANY OVERVIEW
10.1.2 FINANCIAL OVERVIEW
10.1.3 PRODUCTS/SOLUTIONS OFFERED
10.1.4 KEY DEVELOPMENTS
10.1.5 SWOT ANALYSIS
10.1.6 KEY STRATEGIES
10.2 RINGCENTRAL, INC.
10.2.1 COMPANY OVERVIEW
10.2.2 FINANCIAL OVERVIEW
10.2.3 PRODUCTS/SOLUTIONS OFFERED
10.2.4 KEY DEVELOPMENTS
10.2.5 SWOT ANALYSIS
10.2.6 KEY STRATEGIES
10.3 INFOBIP LTD.
10.3.1 COMPANY OVERVIEW
10.3.2 FINANCIAL OVERVIEW
10.3.3 PRODUCTS/SOLUTIONS OFFERED
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIES
10.4 SINCH
10.4.1 COMPANY OVERVIEW
10.4.2 FINANCIAL OVERVIEW
10.4.3 PRODUCTS/SOLUTIONS OFFERED
10.4.4 KEY DEVELOPMENTS
10.4.5 SWOT ANALYSIS
10.4.6 KEY STRATEGIES
10.5 VONAGE
10.5.1 COMPANY OVERVIEW
10.5.2 FINANCIAL OVERVIEW
10.5.3 PRODUCTS/SOLUTIONS OFFERED
10.5.4 KEY DEVELOPMENTS
10.5.5 SWOT ANALYSIS
10.5.6 KEY STRATEGIES
10.6 OPENMARKET
10.6.1 COMPANY OVERVIEW
10.6.2 FINANCIAL OVERVIEW
10.6.3 PRODUCTS/SOLUTIONS OFFERED
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIES
10.7 TELESIGN
10.7.1 COMPANY OVERVIEW
10.7.2 FINANCIAL OVERVIEW
10.7.3 PRODUCTS/SOLUTIONS OFFERED
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIES
10.8 MESSAGEBIRD
10.8.1 COMPANY OVERVIEW
10.8.2 FINANCIAL OVERVIEW
10.8.3 PRODUCTS/SOLUTIONS OFFERED
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIES
10.9 BANDWIDTH INC.
10.9.1 COMPANY OVERVIEW
10.9.2 FINANCIAL OVERVIEW
10.9.3 PRODUCTS/SOLUTIONS OFFERED
10.9.4 KEY DEVELOPMENTS
10.9.5 SWOT ANALYSIS
10.9.6 KEY STRATEGIES
10.10 IMIMOBILE PLC (CISCO SYSTEMS)
10.10.1 COMPANY OVERVIEW
10.10.2 FINANCIAL OVERVIEW
10.10.3 PRODUCTS/SOLUTIONS OFFERED
10.10.4 KEY DEVELOPMENTS
10.10.5 SWOT ANALYSIS
10.10.6 KEY STRATEGIES
10.11 AVAYA INC.
10.11.1 COMPANY OVERVIEW
10.11.2 FINANCIAL OVERVIEW
10.11.3 PRODUCTS/SOLUTIONS OFFERED
10.11.4 KEY DEVELOPMENTS
10.11.5 SWOT ANALYSIS
10.11.6 KEY STRATEGIES
10.12 ROUTE MOBILE LIMITED
10.12.1 COMPANY OVERVIEW
10.12.2 FINANCIAL OVERVIEW
10.12.3 PRODUCTS/SOLUTIONS OFFERED
10.12.4 KEY DEVELOPMENTS
10.12.5 SWOT ANALYSIS
10.12.6 KEY STRATEGIES
10.13 KALEYRA
10.13.1 COMPANY OVERVIEW
10.13.2 FINANCIAL OVERVIEW
10.13.3 PRODUCTS/SOLUTIONS OFFERED
10.13.4 KEY DEVELOPMENTS
10.13.5 SWOT ANALYSIS
10.13.6 KEY STRATEGIES
10.14 PLIVO INC.
10.14.1 COMPANY OVERVIEW
10.14.2 FINANCIAL OVERVIEW
10.14.3 PRODUCTS/SOLUTIONS OFFERED
10.14.4 KEY DEVELOPMENTS
10.14.5 KEY STRATEGIES
10.15 MITTO
10.15.1 COMPANY OVERVIEW
10.15.2 FINANCIAL OVERVIEW
10.15.3 PRODUCTS/SOLUTIONS OFFERED
10.15.4 KEY DEVELOPMENTS
10.15.5 KEY STRATEGIES

Companies Mentioned

Twilio Inc (US), RingCentral Inc (US), Infobip Ltd (UK), Sinch (Sweden), Vonage (US), OpenMarket (US), TeleSign (US), MessageBird (Netherlands), Bandwidth Inc. (US), IMImobile PLC (CISCO Systems) (UK), Avaya Inc. (US), Route Mobile Limited (India), Kaleyra (Italy), Plivo Inc. (US), and Mitto (Switzerland)

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