DUBLIN–(BUSINESS WIRE)–The “SMS Marketing Software – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global SMS Marketing Software Market is growing at a CAGR of 21.4% during 2019 to 2027.
Increase in online shopping behaviour, growth in demand for marketing automation software, and availability of cloud-based solution at a low price are the major factors propelling the market growth. However, limited messaging space and low consumer response rate are hampering the market growth.
SMS marketing software is a tool that enables companies to plan and implement marketing campaigns via SMS. Mainly this software is used to deliver bulk messages to large recipients for the purpose of disseminating information such as product launch, clearance sales, exclusive offers, and birthday special offers in the concerned outlets or brand. This software offers a platform to customize and interactive web forms, thereby, increasing adoption of this software which drives the growth of the SMS marketing software market.
Based on the End-user, the retail segment is going to have a lucrative growth during the forecast period due to the increasing number of e-commerce retailers that use text messages to inform customers about upcoming events, new offers, order details and status, and the launch of new products. Additionally, increasing implementation of location-based services in the retail industry to deliver an enhanced consumer shopping experience by providing them promotional SMS of offers based on their current location is also expected to positively impact the CAGR over the forecast period.
By geography, North America is going to have a lucrative growth during the forecast period due to the proliferation of smart phones and increased internet penetration in the region. Moreover significantly rising number of smart phone users, high investment in telecom network development and awareness regarding SMS marketing software among enterprises are some of the factors projected to substantially drive the growth of the North America region.
Some of the key players profiled in the SMS Marketing Software Market include Appointment Reminder, Avochato, CallHub, Cytech Ltd., FirstHive, Mobile Text Alerts, Mozeo, LLC, SendPulse, SimplyCast, Teckst, Teradata, TextMagic, Target Everyone, TXT180, and Zingle .
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End-user Analysis
3.8 Emerging Markets
3.9 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global SMS Marketing Software Market, By Product Type
5.1 Introduction
5.2 Mobile Terminal
5.3 PC Terminal
6 Global SMS Marketing Software Market, By Deployment Model
6.1 Introduction
6.2 Cloud-Based
6.3 On-Premise
7 Global SMS Marketing Software Market, By Campaign
7.1 Introduction
7.2 Celebrations
7.3 Occasions
7.4 Special Offers
8 Global SMS Marketing Software Market, By Pricing Type
8.1 Introduction
8.2 One-Time License
8.3 Monthly Subscription
8.4 Annual Subscription
9 Global SMS Marketing Software Market, By Organization Size
9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium Enterprises (SMEs)
10 Global SMS Marketing Software Market, By End-user
10.1 Introduction
10.2 Banking, Financial Services, and Insurance (BFSI)
10.3 E – Commerce
10.4 Government Agencies
10.5 Healthcare
10.6 Hospitality and Tourism
10.7 Media and Entertainment
10.8 Retail
10.9 Telecom & IT
10.10 Transportation
10.11 Religious Groups
10.12 Educational Institutions
11 Global SMS Marketing Software Market, By Geography
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launches
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Appointment Reminder
13.2 Avochato
13.3 CallHub
13.4 Cytech Ltd.
13.5 FirstHive
13.6 Mobile Text Alerts
13.7 Mozeo, LLC
13.8 SendPulse
13.9 SimplyCast
13.10 Teckst
13.11 Teradata
13.12 TextMagic
13.13 Target Everyone
13.14 TXT180
13.15 Zingle
For more information about this report visit https://www.researchandmarkets.com/r/nrz6qi