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Home Press Release OpenPR

Bulk SMS Marketing Services Market Projected to Hit USD 8.3 Billion by 2030, Growing at a CAGR of 9.5%

December 6, 2024
in OpenPR, Web3
Reading Time: 7 mins read
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Bulk SMS Marketing Services Market Projected to Hit USD 8.3

Global Bulk SMS Marketing Services Market Overview

• Base Year: 2024

• Historical Years: 2020-2023

• Forecast Years: 2025-2030

• Market Growth Rate: 9.5% (2025-2030)

The Global Bulk SMS Marketing Services Market was valued at approximately USD 4.8 billion in 2024 and is projected to reach USD 8.3 billion by 2030, growing at a CAGR of around 9.5% during the forecast period. This growth is primarily driven by the increasing mobile penetration globally, the cost-effectiveness of SMS marketing, the rising demand for personalized marketing campaigns, high open rates of SMS, and the significant reliance on SMS by governments and companies for various applications.

Request Sample Report or Learn More – https://www.marknteladvisors.com/query/request-sample/bulk-sms-marketing-services-market.html

Trends and Drivers in the Global Bulk SMS Marketing Services Market

• High Mobile Penetration: The growing number of mobile phone users has greatly expanded the reach of SMS marketing, enabling companies to effectively target diverse demographics with minimal barriers.

• Cost-Effectiveness: Bulk SMS marketing is recognized as one of the most affordable methods of reaching out to potential customers, making it an attractive option for businesses of all sizes.

• Personalized Marketing Preference: Increasing demand for customized marketing strategies has prompted companies to leverage bulk SMS services to enhance customer engagement and communication.

• High Open Rates: With an impressive 98% open rate, SMS messages provide a strong return on investment compared to other marketing channels, resulting in increased adoption among businesses.

• Government Adoption and Public Safety: The reliance on bulk SMS for public safety announcements, emergency alerts, and various public services has accelerated market growth, particularly due to its effectiveness in reaching large audiences swiftly.

• Integration with Omni-channel Marketing Campaigns: Companies are increasingly integrating SMS services with multi-channel marketing strategies, enhancing overall customer experience and engagement.

Market Segmentation

The Global Bulk SMS Marketing Services Market has been segmented into various categories for a deeper analysis:

By Deployment Type

• On-Premise

• SaaS

By Enterprise Size

• SMEs

• Large Enterprises

By Component

• Software

• Services

By Message Type

• Text Only

• Multimedia Messages (MMS)-Market Size & Forecast 2020-2030, USD Million

By SMS Type

• Transactional SMS-Market Size & Forecast 2020-2030, USD Million

• Promotional SMS-Market Size & Forecast 2020-2030, USD Million

• Alert SMS-Market Size & Forecast 2020-2030, USD Million

• Personalized SMS-Market Size & Forecast 2020-2030, USD Million

> Based on SMS type, Promotional SMS leads the Global Bulk SMS Marketing Services Market. It holds approximately 53.75% share of the total market value globally. Its popularity is driven by the direct reach of advertising campaigns which include discounts, special offers, and brand promotions to the consumers’ mobile devices. The high open rate of SMS messages guarantees that promotional content reaches a huge target audience effectively, making it a price-efficient advertising tool. Various businesses leverage promotional SMS for lead generation, consumer retention, and driving traffic to websites or physical shops.

By Application

• Customer Engagement-Market Size & Forecast 2020-2030, USD Million

• Sales & Offers-Market Size & Forecast 2020-2030, USD Million

• Event Notifications-Market Size & Forecast 2020-2030, USD Million

• Others

By Terminal Type

• Mobile Based-Market Size & Forecast 2020-2030, USD Million

• Desktop Based-Market Size & Forecast 2020-2030, USD Million

By End User

• Retail & E-Commerce

• Healthcare

• Banking & Finance-Market Size & Forecast 2020-2030, USD Million

• Travel & Hospitality

• Education-Market Size & Forecast 2020-2030, USD Million

• Others

By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

Access the Complete Report for An In-Depth Analysis – https://www.marknteladvisors.com/research-library/bulk-sms-marketing-services-market.html

Competitive Landscape

The report provides an analysis of the competitive landscape, offering insights into the strategies and profiles of key market players, including:

• TextMagic Ltd.

• SendPulse

• Exotel Techcom Pvt. Ltd.

• Text Marketer

• King Digital Pvt. Ltd.

• IMImobile

• Osumare

• ClickSend

• Dove Soft Pvt. Ltd.

• Bitrix, Inc.

• directSMS

• Agilecrm.com

• MessageBird

• Celerity Systems (Pty) Ltd.

• Others

These companies are recognized for their innovative approaches in enhancing bulk SMS marketing solutions, focusing on customer engagement, analytical insights, and integrated platforms.

Need additional assistance?

• Looking for more assistance? Connect with our experienced analysts for insights into current market trends.

• Customize your report by adding specific segments and countries to meet your needs. Gain a significant competitive edge by learning how to leverage these insights to enhance your operations and boost revenue.

• For further support, don’t hesitate to reach out to our analysts.

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address

Other Report:

• https://www.marknteladvisors.com/research-library/india-astrology-app-market.html

• https://www.marknteladvisors.com/research-library/sarcopenia-treatment-market.html

• https://www.marknteladvisors.com/research-library/hydrogen-water-market.html

For Media Inquiries, Please Contact:

Phone: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

This release was published on openPR.

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