Press release
Premium Messaging Market to Expand at 36.6% CAGR between 2012 and 2017
The rising use of mobile messages for a variety of marketing and communication activities by businesses and the continuously dropping prices of premium messages are some of the chief driving factors significantly impacting the global premium messaging market in a positive manner. Some of the other factors driving the demand for premium messaging services across the globe include the compatibility of text messages on all kinds of mobile handsets and the user-friendly nature of text messages. The widening popularity of social messaging services is, however, expected to restrain the market’s growth to some extent.
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The report segments the global market for premium messaging services into two broad categories: premium SMS and premium MMS. Of these, the market segment of premium MMS is currently the leading market segment, based on revenue as well as volume. The report states that the segment of premium MMS services will expand at the fastest pace over the report’s forecast period. The market for premium MMS services is expected to expand at an enormous 40.7% CAGR over the report’s forecast period. On the other hand, the market segment of premium SMS services, which accounted for a 86.2% share in the overall premium messaging market in 2012, is expected to rise to US$907.9 bn by 2017.
Both these segments are further segmented into the sections of application to person (A2P) and person to application (P2A) messages depending on the origin and destination of the messages. Of these, the market segment of A2P premium SMS accounted for a nearly 66% share in the premium SMS (PSMS) market segment in 2012.Geography-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Of these, the regional market of Asia Pacific led the global premium SMS services market in 2012. In 2011, the overall traffic for premium messages in this region was nearly 86 billion.
The report presents a detailed analysis of the competitive landscape of the global premium messaging market. The report includes comprehensive business profiles of some of the key vendors operating in the market to give the reader details such as company facts, financial positions of the companies in the market, revenue-wise product segmentation, business strategies, SWOT analysis, and ongoing developments. Some of the most established players in the market are mBlox, Sybase 365, OpenMarket. Other key businesses operating in the market include AMD Telecom SA, V3Mobi Communications Pvt. Ltd., Mobicage NV, Beepsend AB, Infobip Plt, Angkor Data Communications Group Co. Ltd., Aerialink Inc., Dialogue Communications Ltd., Symsoft AB, and Jinny Software Ltd.
Major geographies analyzed under this research report are:
Europe
North America
Asia-Pacific
Rest of the World
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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