Bulk SMS Services Market Stimulation Technologies, Industry Growth Analysis, Demand Status, Industry Trends – mainlander.nz

The description

the global bulk SMS services market the size should register a 6.45% CAGR during the forecast period, 2021-2027. Bulk SMSing is the distribution of numerous messages in the form of SMS intended to be routed to mobile telephone terminals. It is typically used by media companies, businesses, banks, and consumer brands for a variety of purposes such as mobile marketing, entertainment, and business. Bulk 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 growth of the market. With the increasing adoption by several companies of SaaS-based bulk SMS software, the market is expected to prosper at a sustained rate during the forecast period.

Key factors that will influence the Bulk SMS service industry during the forecast period

One of the key factors driving the market growth is the consistent adoption by several end-use industries like airline, banking, media, real estate, media, travel and tourism, logistics and messaging, education, e-commerce, automotive and others. Increasing adoption of artificial intelligence (AI) for bulk SMS services is expected to play an important role in driving the growth of the market. Communication with customers becomes smarter with the implementation of AI technology, and AI chatbots can interact directly with customers, serving multiple customers simultaneously. Additionally, chatbots can send personalized messages to multiple customers simultaneously, further increasing customer engagement. AI will therefore also be a key factor associated with the growth of the global bulk SMS services market.

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The growing adoption of email marketing software, the advent of search engine optimization (SEO) services, and the growing importance of social media channels as next-generation communication tools for the marketplace. Marketers should however restrict the adoption of bulk SMS marketing software during the review. period, thus hampering the growth of the market. Additionally, concerns about data security in cloud-based deployment are another major factor hampering market expansion. The cloud stores massive and sensitive customer information, which can cost an organization dearly if it is 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 like bulk SMS services have actually discovered new opportunities using support companies during the pandemic period until they get back on track. Customer service, communication with employees, and entertainment remain the key goals of the growing adoption of mass SMS services by organizations since 2020, targeting sustained business continuity even during the pandemic and a faster recovery afterwards. the pandemic. Bulk SMS services will continue to gain in popularity as a cost-effective and rapid means of customer communication, even after the pandemic is over.

Scope of the report

The report presents the global Bulk SMS Services market research on the basis of services, 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 SMS
  • 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 & Resorts
  • Media and entertainment
  • BFSI
  • Others

Bulk SMS Services Market: Regional Outlook

The global bulk SMS services market is regionally segmented into North America, Asia Pacific, Europe, South America, Middle East and Africa. In 2020, North America is expected to hold the largest market share in the global bulk SMS services market due to the higher adoption of SMS marketing services. The government is also focusing on improving the laws for bulk SMS services in the region, which would support the growth of the market here. In addition, Asia-Pacific is expected to experience significant growth in CAGR during the forecast period.

The major global competitors of the 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–

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  • Agilecrm.com
  • Celerity Systems Ltd.
  • Direct SMS
  • Bitrix, Inc.
  • Click on Submit
  • Dove Soft Pvt. Ltd.
  • Digital King Pvt. Ltd.
  • Text Marketer
  • Osumaré
  • TextMagic, Ltd.
  • SendPulse
  • Message Bird
  • Exotel Techcom Pvt. Ltd.
  • IMImobile
  • BulkSMS.com.

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

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 lifecycle analysis
  • Porter’s Five Forces and Value Chain Analysis
  • Analysis of developed and emerging economies
  • PEST analysis
  • Factor analysis of the market and forecasts
  • Market opportunities, risks and trends
  • Conclusion and recommendation
  • Regulatory landscape
  • Patent analysis
  • Competition landscape
  • 15+ company profiles

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Regional Analysis Of Bulk SMS Services Market Include:

  • 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 the MEA

Bulk SMS Services Market: Target Audience

  • Bulk SMS Service Manufacturers
  • Manufacturers, distributors and suppliers of technology
  • Specialized publications and magazines
  • Government authorities, associations and organizations

Main issues addressed

  • What is the market size by various segmentation of Bulk SMS services by region and their respective countries?
  • What are customer buying behavior, key takeaways and Porter’s 5 strengths in the Bulk SMS Services market?
  • What are the key opportunities and trends for manufacturers involved in the bulk SMS service supply chain?
  • What are the fundamental dynamics (drivers, constraints, opportunities and challenges) of the market?
  • What and how are regulations, programs, patents and policies impacting market growth?
  • What are the upcoming technological solutions influencing market trends? How will existing businesses adapt to new technological change?
  • What will be the impact of advanced technologies on the bulk SMS services market?
  • What has been the impact of COVID-19 on the demand and sales of mass SMS services in the global market? Also, the expected number of decrease or increase in the market BPS and the period of recovery expected by the market.
  • Detailed analysis of competitors and their latest launch, and what are the top startups introduced in the target market? In addition, detailed profiling of more than 25 leading and eminent companies in the market.

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