Market Overview
The Global Bulk SMS Service market was valued at 3Billion in 2023 and is expected to reach 8Billion by 2019, growing at a compound annual growth rate (CAGR) of 25% over the forecast period. This steady growth is driven by factors such as increasing demand, technological innovations, and rising investments across the industry. Furthermore, expanding applications in various sectors, coupled with an emphasis on sustainability and innovation, are anticipated to further propel market expansion. The projected growth reflects the industry's evolving landscape and emerging opportunities within the Bulk SMS Service market.Bulk SMS Service Market Size in (USD Billion) CAGR Growth Rate 25%
| Study Period | 2019-2031 |
| Market Size (2023): | 3Billion |
| Market Size (2031): | 8Billion |
| CAGR (2023 - 2031): | 25% |
| Fastest Growing Region | APAC |
| Dominating Region | North America |
www.www.htfmarketinsights.com
Bulk SMS services allows the user to deliver massages in various mobile terminals. This service is used by media companies, enterprises, banks and consumer brands for a variety of purposes including entertainment, enterprise and mobile marketing. In addition, it is used for alerts, reminders, marketing and also for information and communication between both staff and customers. The Bulk SMS is the fastest way to interact with target audience in efficient manner.
Regional Insights
The Bulk SMS Service market exhibits significant regional variation, shaped by different economic conditions and consumer behaviours.- North America: High disposable incomes and a robust e-commerce sector are driving demand for premium and convenient products.
- Europe: Fragmented market where Western Europe emphasizes luxury and organic products, while Eastern Europe experiences rapid growth.
- Asia-Pacific: Urbanization and a growing middle class drive demand for both high-tech and affordable products, positioning the region as a fast-growing market.
- Latin America: Economic fluctuations make affordability a key factor, with Brazil and Mexico leading the way in market expansion.
- Middle East & Africa: Luxury products are prominent in the Gulf States, while Sub-Saharan Africa sees gradual market growth, influenced by local preferences.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
APAC
Dominating Region
North America
Major Regulatory Bodies Worldwide
- U.S. Food and Drug Administration (FDA): Oversees the approval and regulation of pharmaceuticals, medical devices, and biologics in the U.S., setting high standards for product safety and efficacy.
- European Medicines Agency (EMA): Provides centralized drug approvals in the EU, ensuring uniform safety and efficacy standards across member states.
- Health Canada: and medical devices, maintaining high-quality standards in line with international regulations but adapted to national health needs.
- World Health Organization (WHO): While not a direct regulatory body, WHO sets international health standards that influence Global regulations and policies.
- The National Medical Products Administration (NMPA) regulates China's drug and medical device industry, increasingly aligning with Global standards to facilitate market access.
SWOT Analysis in the Healthcare Industry
- Strengths: internal advantages such as cutting-edge technology, a skilled workforce, and a strong brand presence (e.g., hospitals with specialized staff and modern equipment).
- Weaknesses: internal challenges, including outdated infrastructure, high operational costs, or inefficiencies in innovation.
- Opportunities: external growth drivers like new medical technologies, expanding markets, and favourable policies.
- Threats: external risks including intensified competition, regulatory changes, and economic fluctuations (e.g., new entrants with disruptive technologies).
Need More Details on Market Players and Competitors?
DOWNLOAD Sample Report
Market Segmentation
Segmentation by Type
- SaaS-based
- Automated
Segmentation by Application
- Marketing
- E-commerce
- Healthcare
Bulk SMS Service Market Segmentation by Application
www.htfmarketinsights.com
Primary and Secondary Research
- Primary Research: The research involves direct data collection through methods like surveys, interviews, and clinical trials, providing real-time insights into patient needs, regulatory impacts, and market demand.
- Secondary Research: Analyzes existing data from sources like industry reports, academic journals, and market studies, offering a broad understanding of market trends and validating primary research findings. Combining both methods enables healthcare organizations to build data-driven strategies and make well-informed decisions.
Bulk SMS Service Market Dynamics
Influencing Trend:
- Automation
Market Growth Drivers:
- Increasing Focus On Promotional Activities
- Adoption Of Bulk SMS Service By Banking And Financial Institutions
Challenges:
- Data Privacy
Opportunities:
- Usage Of Bulk SMS Service By Various Industries
Market Estimation Process
Optimizing Market Strategy: Leveraging Bottom-Up, Top-Down Approaches & Data Triangulation- Bottom-Up Approach: Aggregates granular data, such as individual sales or product units, to calculate overall market size, providing detailed insights into specific segments.
- Top-Down Approach: begins with broader market estimates and breaks them into segments, relying on macroeconomic trends and industry data for strategic planning.
- Data Triangulation: Combines multiple data sources (e.g., surveys, reports, expert interviews) to validate findings, ensuring accuracy and reducing bias.
Report Important Highlights
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size 2023 | 3Billion |
| Historical Period | 2019 to 2023 |
| CAGR 2023 to 2031 | 25% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size 2031 | 8Billion |
| Scope of the Report | SaaS-based, Automated, Marketing, E-commerce, Healthcare |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | Agilecrm.com (United States), Bitrix, Inc. (United States), Celerity Systems (Pty) Ltd (United States), ClickSend (United States), directSMS (Australia), Dove Soft Pvt Ltd. (India), Exotel Techcom Pvt. Ltd. (India), IMImobile (United Kingdom), King Digital Pvt. Ltd. (United Kingdom), MessageBird (Netherlands) |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
Regulatory Framework of Market
1. The regulatory framework governing market research reports ensures transparency, accuracy, and adherence to ethical standards throughout data collection and reporting. Compliance with relevant legal and industry guidelines is essential for maintaining credibility and avoiding legal repercussions.2. Data Privacy and Protection: Laws such as the General Data Protection Regulation (GDPR) in the EU and the California Consumer Privacy Act (CCPA) in the US impose strict requirements for handling personal data. Market research firms must ensure that data collection methods adhere to privacy regulations, including securing consent and safeguarding data.
3. Fair Competition: Regulatory agencies like the Federal Trade Commission (FTC) in the US and the Competition and Markets Authority (CMA) in the UK uphold fair competition. Market research reports must be free of bias or misleading content that could distort competition or influence consumer decisions unfairly.
4. Intellectual Property Compliance: Adhering to copyright laws ensures that proprietary data and third-party insights used in research reports are legally sourced and properly cited, protecting against intellectual property infringement.
5. Ethical Standards: Professional bodies like the Market Research Society (MRS) and the American Association for Public Opinion Research (AAPOR) establish ethical guidelines that promote responsible, transparent research practices, ensuring that respondents’ rights are protected and findings are presented objectively.
Research Methodology
The top-down and bottom-up approaches estimate and validate the size of the Global Bulk SMS Service market. To reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed, such as NAICS, ICB, and SIC, to penetrate deep into critical geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in the Harbor Management Software market. To make a priority list, companies are sorted based on revenue generated in the latest reporting, using paid sources. Finally, the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting a prior appointment. This helps us gather the data for the player's revenue, OPEX, profit margins, product or service growth, etc. Almost 80% of data is collected through primary sources and further validation is done through various secondary sources that include Regulators, World Bank, Associations, Company Websites, SEC filings, white papers, OTC BB, Annual reports, press releases, etc.Bulk SMS Service - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Bulk SMS Service Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Bulk SMS Service Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Bulk SMS Service Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Increasing Focus on Promotional Activities
- 3.1.2 Adoption of Bulk SMS Service by Banking and Financial Institutions
-
3.2 Available Opportunities
- 3.2.1 Usage of Bulk SMS Service by Various Indus
-
3.3 Influencing Trends
- 3.3.1 Automation
- 3.3.2 Real-time Messaging
-
3.4 Challenges
- 3.4.1 Data Privacy
- 3.4.2 Opt-in Issues
- 3.5 Regional Dynamics
Need only Qualitative Analysis? Get Prices
Sectional Purchase
Chapter 4 : Global Bulk SMS Service Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Bulk SMS Service Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Bulk SMS Service : Competition Benchmarking & Performance Evaluation
- 5.1 Global Bulk SMS Service Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Bulk SMS Service Revenue 2023
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Strategic Group Analysis
- 5.5 5C’s Analysis
Chapter 6: Global Bulk SMS Service Market: Company Profiles
- 6.1 Agilecrm.com (United States)
- 6.1.1 Agilecrm.com (United States) Company Overview
- 6.1.2 Agilecrm.com (United States) Product/Service Portfolio & Specifications
- 6.1.3 Agilecrm.com (United States) Key Financial Metrics
- 6.1.4 Agilecrm.com (United States) SWOT Analysis
- 6.1.5 Agilecrm.com (United States) Development Activities
- 6.2 Bitrix
- 6.3 Inc. (United States)
- 6.4 Celerity Systems (Pty) Ltd (United States)
- 6.5 ClickSend (United States)
- 6.6 DirectSMS (Australia)
- 6.7 Dove Soft Pvt Ltd. (India)
- 6.8 Exotel Techcom Pvt. Ltd. (India)
- 6.9 IMImobile (United Kingdom)
- 6.10 King Digital Pvt. Ltd. (United Kingdom)
- 6.11 MessageBird (Netherlands)
- 6.12
To View a Complete List of Players? Inquiry Now
Sectional Purchase
Chapter 7 : Global Bulk SMS Service by Type & Application (2019-2031)
-
7.1 Global Bulk SMS Service Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 SaaS-based
- 7.1.2 Automated
- 7.1.3 API-integrated
-
7.2 Global Bulk SMS Service Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Marketing
- 7.2.2 E-commerce
- 7.2.3 Healthcare
- 7.3 Global Bulk SMS Service Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Bulk SMS Service Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Bulk SMS Service Market Breakdown by Country, Type & Application
- 8.1 North America Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 8.2.1 SaaS-based
- 8.2.2 Automated
- 8.2.3 API-integrated
-
8.3 North America Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 8.3.1 Marketing
- 8.3.2 E-commerce
- 8.3.3 Healthcare
- 8.4 North America Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 8.5 North America Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 8.6 North America Bulk SMS Service Market by Application (USD Million) [2024-2031]
Looking for Section Purchase? Get Quote Now
Sectional Purchase
Chapter 9 : LATAM Bulk SMS Service Market Breakdown by Country, Type & Application
- 9.1 LATAM Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 9.2.1 SaaS-based
- 9.2.2 Automated
- 9.2.3 API-integrated
-
9.3 LATAM Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 9.3.1 Marketing
- 9.3.2 E-commerce
- 9.3.3 Healthcare
- 9.4 LATAM Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 9.5 LATAM Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 9.6 LATAM Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 10 : West Europe Bulk SMS Service Market Breakdown by Country, Type & Application
- 10.1 West Europe Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 10.2.1 SaaS-based
- 10.2.2 Automated
- 10.2.3 API-integrated
-
10.3 West Europe Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 10.3.1 Marketing
- 10.3.2 E-commerce
- 10.3.3 Healthcare
- 10.4 West Europe Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 10.5 West Europe Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 10.6 West Europe Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 11 : Central & Eastern Europe Bulk SMS Service Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 11.2.1 SaaS-based
- 11.2.2 Automated
- 11.2.3 API-integrated
-
11.3 Central & Eastern Europe Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 11.3.1 Marketing
- 11.3.2 E-commerce
- 11.3.3 Healthcare
- 11.4 Central & Eastern Europe Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 11.5 Central & Eastern Europe Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 11.6 Central & Eastern Europe Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 12 : Northern Europe Bulk SMS Service Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 12.2.1 SaaS-based
- 12.2.2 Automated
- 12.2.3 API-integrated
-
12.3 Northern Europe Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 12.3.1 Marketing
- 12.3.2 E-commerce
- 12.3.3 Healthcare
- 12.4 Northern Europe Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 12.5 Northern Europe Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 12.6 Northern Europe Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 13 : Southern Europe Bulk SMS Service Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 13.2.1 SaaS-based
- 13.2.2 Automated
- 13.2.3 API-integrated
-
13.3 Southern Europe Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 13.3.1 Marketing
- 13.3.2 E-commerce
- 13.3.3 Healthcare
- 13.4 Southern Europe Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 13.5 Southern Europe Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 13.6 Southern Europe Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 14 : East Asia Bulk SMS Service Market Breakdown by Country, Type & Application
- 14.1 East Asia Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 14.2.1 SaaS-based
- 14.2.2 Automated
- 14.2.3 API-integrated
-
14.3 East Asia Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 14.3.1 Marketing
- 14.3.2 E-commerce
- 14.3.3 Healthcare
- 14.4 East Asia Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 14.5 East Asia Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 14.6 East Asia Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 15 : Southeast Asia Bulk SMS Service Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 15.2.1 SaaS-based
- 15.2.2 Automated
- 15.2.3 API-integrated
-
15.3 Southeast Asia Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 15.3.1 Marketing
- 15.3.2 E-commerce
- 15.3.3 Healthcare
- 15.4 Southeast Asia Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 15.5 Southeast Asia Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 15.6 Southeast Asia Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 16 : South Asia Bulk SMS Service Market Breakdown by Country, Type & Application
- 16.1 South Asia Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 16.2.1 SaaS-based
- 16.2.2 Automated
- 16.2.3 API-integrated
-
16.3 South Asia Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 16.3.1 Marketing
- 16.3.2 E-commerce
- 16.3.3 Healthcare
- 16.4 South Asia Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 16.5 South Asia Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 16.6 South Asia Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 17 : Central Asia Bulk SMS Service Market Breakdown by Country, Type & Application
- 17.1 Central Asia Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 17.2.1 SaaS-based
- 17.2.2 Automated
- 17.2.3 API-integrated
-
17.3 Central Asia Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 17.3.1 Marketing
- 17.3.2 E-commerce
- 17.3.3 Healthcare
- 17.4 Central Asia Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 17.5 Central Asia Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 17.6 Central Asia Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 18 : Oceania Bulk SMS Service Market Breakdown by Country, Type & Application
- 18.1 Oceania Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 18.2.1 SaaS-based
- 18.2.2 Automated
- 18.2.3 API-integrated
-
18.3 Oceania Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 18.3.1 Marketing
- 18.3.2 E-commerce
- 18.3.3 Healthcare
- 18.4 Oceania Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 18.5 Oceania Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 18.6 Oceania Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 19 : MEA Bulk SMS Service Market Breakdown by Country, Type & Application
- 19.1 MEA Bulk SMS Service Market by Country (USD Million) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Bulk SMS Service Market by Type (USD Million) [2019-2023]
- 19.2.1 SaaS-based
- 19.2.2 Automated
- 19.2.3 API-integrated
-
19.3 MEA Bulk SMS Service Market by Application (USD Million) [2019-2023]
- 19.3.1 Marketing
- 19.3.2 E-commerce
- 19.3.3 Healthcare
- 19.4 MEA Bulk SMS Service Market by Country (USD Million) [2024-2031]
- 19.5 MEA Bulk SMS Service Market by Type (USD Million) [2024-2031]
- 19.6 MEA Bulk SMS Service Market by Application (USD Million) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Bulk SMS Service market is estimated to see a CAGR of 25% and may reach an estimated market size of 25% 8Billion by 2031.
According to the report,the Bulk SMS Service Industry size is projected to reach 8Billion, exhibiting a CAGR of 25% by 2031.
The changing dynamics and trends such as Automation, Real-time Messaging are seen as major Game Changer in Global Bulk SMS Service Market.
- Increasing Focus On Promotional Activities
- Adoption Of Bulk SMS Service By Banking And Financial Institutions
Business transformation in Bulk SMS Service Market has taken hold due to the confluence of several important triggers, some of them are Data Privacy, Opt-in Issues.
Some of the opportunities that Analyst at HTF MI have identified in Bulk SMS Service Market are:
- Usage Of Bulk SMS Service By Various Industries
Agilecrm.com (United States), Bitrix, Inc. (United States), Celerity Systems (Pty) Ltd (United States), ClickSend (United States), directSMS (Australia), Dove Soft Pvt Ltd. (India), Exotel Techcom Pvt. Ltd. (India), IMImobile (United Kingdom), King Digital Pvt. Ltd. (United Kingdom), MessageBird (Netherlands), are the major operating companies profiled in Bulk SMS Service market study.
Research paper of Global Bulk SMS Service Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Marketing, E-commerce, Healthcare.
The Global Bulk SMS Service Market Study is segmented by SaaS-based, Automated, API-integrated.
The Global Bulk SMS Service Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]
Bulk SMS services allows the user to deliver massages in various mobile terminals. This service is used by media companies, enterprises, banks and consumer brands for a variety of purposes including entertainment, enterprise and mobile marketing. In addition, it is used for alerts, reminders, marketing and also for information and communication between both staff and customers. The Bulk SMS is the fastest way to interact with target audience in efficient manner.
HTF Market Intelligence, All right reserved 2025.
Designed By S3World