Dailytechupdates

kishorkanade un-follow

Dailytechupdates is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.


0 likes : 2 views : July 11, 2018

Application-to-a person (A2P) is a type of mobile SMS service sent from an application, particularly a web application, to a mobile subscriber. The common application of A2P SMS in the BFSI industry includes several messages related to the banking transactions, money transfer, one time password (OTP), bill payments on various bank’s merchant sites.

The growth of mobile banking is resulting into an increase in number of marketing activities by application developers and marketers, which is accelerating the growth of A2P SMS market in Switzerland for BFSI industry.

Get PDF Sample of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8416

Moreover, with strong growth in economy, the BFSI industry in Switzerland has witnessed rise in demand for A2P SMS applications such as bank account updates, one-time passwords and payment confirmations. An increase in the number of mobile subscriptions is enabling BFSI industries to reach targeted customers more effectively, bolstering the demand of A2P SMS services.

Download TOC@ https://www.transparencymarketresearch.com/report-toc/8416

This is further supported by the decreasing unemployment rate of Switzerland which is indirectly supporting to the banks operating in Switzerland by opening of new bank accounts in the form of salary accounts, intern accounts, and new company bank accounts.

The market growth is expected to get restricted by the declining Swiss banking sector which is anticipated to reduce the overall client base for A2P SMS providers in the long run. Likewise, the introduction of new innovative and disruptive applications and technologies towards the BFSI sector is likely to limit the market growth throughout the forecast period.

You need to sign in to leave comments. If you are not a member, you can join Doccler for free.