Bulk SMS Services Market is Estimated to Perceive Exponential Growth till 2027 – Carbon Valley Farmer and Miner

the global bulk SMS services market the size should register a CAGR of 6.45% during the forecast period, 2021-2027. Bulk SMSing is the distribution of numerous messages in the form of SMS intended to be delivered to mobile telephone terminals. It is generally used by media companies, corporations, banks, and consumer brands for various purposes such as mobile marketing, entertainment, and business. Group messaging is typically used for reminders, alerts, marketing, remarketing, communication, and information sharing between customers and staff. The growing use of bulk SMS services by small and medium-sized businesses is expected to drive the market growth. With the growing adoption of SaaS-based bulk SMS software by several companies, the market is expected to boom at a steady pace over the forecast period.

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Key factors influencing the Bulk SMS Service industry over the forecast period

One of the major drivers of market growth is the steady adoption by several end-use industries like airlines, banking, media, real estate, media, travel & tourism, logistics and messaging, education, e-commerce, automotive and others. Rising adoption of artificial intelligence (AI) for bulk SMS services is expected to play a significant role in driving the growth of the market. Communication with customers is getting smarter with the implementation of AI technology, and AI chatbots can directly engage with customers, serving multiple customers simultaneously. Additionally, chatbots can send personalized messages to multiple customers simultaneously, further increasing customer engagement. Hence, AI will also be a driving factor associated with the growth of the global bulk SMS services market.

The growing adoption of email marketing software, the advent of search engine optimization (SEO) services, and the growing importance of social media channels as new age communication tools for however, marketers should restrict the adoption of bulk SMS marketing software during the review. period, thus hampering the growth of the market. Additionally, concerns over data security in cloud-based deployment is another major factor hindering the expansion of the market. The cloud stores massive and sensitive customer information, which can cost an organization dearly if breached or hacked.

Impact of COVID-19 on the Bulk SMS Services Market

The outbreak of the COVID-19 pandemic has significantly affected a large number of industries around the world. However, segments such as bulk texting services have actually discovered new opportunities using support businesses during the pandemic period until they get back on track. Customer service, employee communication and entertainment remain the primary goals for the growing adoption of mass SMS services by organizations since 2020, aiming for sustained business continuity even during the pandemic and faster post-disaster recovery. pandemic. Bulk SMS services will continue to grow in popularity as a cost-effective and fast means of customer communication even after the pandemic is over.

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Report scope

The report depicts the global Bulk SMS Services market research based on service, SMS type, and end-user.

On the basis of service, the bulk SMS services market has been segmented into –

On the basis of SMS Type, the Bulk SMS Services market has been segmented into –

  • Transactional SMS
  • Personalize SMS
  • promotional text messages
  • SMS alert

On the basis of end-user, the Bulk SMS Services market has been segmented into –

  • Retail
  • cabin aggregator
  • Advertising and event management
  • Hotel and resorts
  • Media and Entertainment
  • BFSI
  • Others

Bulk SMS Services Market: Regional Outlook

The global bulk SMS services market is segmented by region into North America, Asia-Pacific, Europe, South America, and Middle East & Africa. In 2020, North America was expected to hold the largest market share in the global bulk SMS services market owing to the highest adoption of SMS marketing services. The government is also focusing on improving the laws on bulk SMS services in the region which would support the growth of the market here. Additionally, Asia-Pacific is expected to experience significant growth in CAGR over the forecast period.

Leading Competitors in the Global Bulk SMS Services Market include-

The global bulk SMS services market is highly fragmented, with a large number of small players across the globe. Some of the bulk SMS service providers operating in the global market include–

  • Agilecrm.com
  • Celerity Systems Ltd.
  • directSMS
  • Bitrix, Inc.
  • Click Send
  • Dove Soft Pvt. ltd.
  • King Digital Pvt. ltd.
  • text marketing
  • Osumare
  • TextMagic, Ltd.
  • SendPulse
  • MessageBird
  • Exotel Techcom Pvt. ltd.
  • IMImobile
  • BulkSMS.com.

The Bulk SMS Services Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of each market player in the respective segment and region/country. The information concluded in the report includes the entries.

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Bulk SMS Services Market Report Covers Comprehensive Analysis on:

  • Market Segmentation and Regional Analysis
  • 10 year market size
  • Price analysis
  • Supply and demand analysis
  • Product life cycle analysis
  • Porter’s Five Forces and Value Chain Analysis
  • Analysis of developed and emerging economies
  • PEST analysis
  • Factor analysis of the market and forecasts
  • Opportunities, risks and market trends
  • Conclusion and recommendation
  • Regulatory landscape
  • Patent Analysis
  • Competition landscape
  • More than 15 company profiles

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Bulk SMS Services Market Regional Analysis Includes:

  • North America (United States, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA

Bulk SMS Services Market: Target Audience

  • Bulk SMS Service Manufacturers
  • Manufacturers, distributors and technology providers
  • Trade publications and magazines
  • Government authorities, associations and organizations

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