TMR Identifies Rising Mobile Phone Users as Growth Engine for Global A2P SMS and API Market
In the fairly consolidated global application-to-person (A2P) SMS and application program interface (API) market, the top five vendors, including Twilio Inc., Syniverse Technology, and CLX Communications accounted for over 61% of the overall A2P SMS and API market revenues in 2015. Owing to the lucrative growth that the market currently offers, many new vendors are entering the fray with their A2P SMS APIs at a continuous pace. The rising number of vendors in the market is expected to intensify competition...
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