Increasing Use by Banks and Payment Gateways Vital for A2P SMS Market, Says TMR
The global A2P SMS market is fragmented to the extent that the top four players in the market – Syniverse Technologies LLC, AMD Telecom S.A., mBlox, Inc., and Silverstreet BV – account for less than 1% of the overall market. According to Transparency Market Research, the ease of entering the market and the low scope for product differentiation, thanks to the standardized nature of SMS messaging, have led to such intense competition. The A2P SMS market is expected to remain...
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