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Global SMS One Time Password (OTP) Service Market Research Report 2025
Synopsis
The global SMS One Time Password (OTP) Service market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for SMS One Time Password (OTP) Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for SMS One Time Password (OTP) Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for SMS One Time Password (OTP) Service in Banking and Financial Services is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of SMS One Time Password (OTP) Service include SMSCountry, Exotel, 2Factor, TeleSign, Authkey, AuthX, Smstools, SMSGlobal and SMS Works, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for SMS One Time Password (OTP) Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMS One Time Password (OTP) Service.
Report Scope
The SMS One Time Password (OTP) Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global SMS One Time Password (OTP) Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the SMS One Time Password (OTP) Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMSCountry
Exotel
2Factor
TeleSign
Authkey
AuthX
Smstools
SMSGlobal
SMS Works
Static King
ShoutOut
RingCaptcha
Textlocal
OneLogin
ClickSend
D7 Networks
Nettyfish
Fast2SMS
MessageWhiz
MailerSend
MessageCloud
8x8
Segment by Type
Hash-based OTP
Time-based OTP
Segment by Application
Banking and Financial Services
E-commerce and Online Shopping
Social Media and Online Platforms
Government Services
Education and E-learning
Online Gaming and Entertainment
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of SMS One Time Password (OTP) Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global SMS One Time Password (OTP) Service market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for SMS One Time Password (OTP) Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for SMS One Time Password (OTP) Service is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for SMS One Time Password (OTP) Service in Banking and Financial Services is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of SMS One Time Password (OTP) Service include SMSCountry, Exotel, 2Factor, TeleSign, Authkey, AuthX, Smstools, SMSGlobal and SMS Works, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for SMS One Time Password (OTP) Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMS One Time Password (OTP) Service.
Report Scope
The SMS One Time Password (OTP) Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global SMS One Time Password (OTP) Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the SMS One Time Password (OTP) Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SMSCountry
Exotel
2Factor
TeleSign
Authkey
AuthX
Smstools
SMSGlobal
SMS Works
Static King
ShoutOut
RingCaptcha
Textlocal
OneLogin
ClickSend
D7 Networks
Nettyfish
Fast2SMS
MessageWhiz
MailerSend
MessageCloud
8x8
Segment by Type
Hash-based OTP
Time-based OTP
Segment by Application
Banking and Financial Services
E-commerce and Online Shopping
Social Media and Online Platforms
Government Services
Education and E-learning
Online Gaming and Entertainment
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of SMS One Time Password (OTP) Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global SMS One Time Password (OTP) Service Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hash-based OTP
1.2.3 Time-based OTP
1.3 Market by Application
1.3.1 Global SMS One Time Password (OTP) Service Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Banking and Financial Services
1.3.3 E-commerce and Online Shopping
1.3.4 Social Media and Online Platforms
1.3.5 Government Services
1.3.6 Education and E-learning
1.3.7 Online Gaming and Entertainment
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global SMS One Time Password (OTP) Service Market Perspective (2019-2030)
2.2 SMS One Time Password (OTP) Service Growth Trends by Region
2.2.1 Global SMS One Time Password (OTP) Service Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 SMS One Time Password (OTP) Service Historic Market Size by Region (2019-2024)
2.2.3 SMS One Time Password (OTP) Service Forecasted Market Size by Region (2025-2030)
2.3 SMS One Time Password (OTP) Service Market Dynamics
2.3.1 SMS One Time Password (OTP) Service Industry Trends
2.3.2 SMS One Time Password (OTP) Service Market Drivers
2.3.3 SMS One Time Password (OTP) Service Market Challenges
2.3.4 SMS One Time Password (OTP) Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top SMS One Time Password (OTP) Service Players by Revenue
3.1.1 Global Top SMS One Time Password (OTP) Service Players by Revenue (2019-2024)
3.1.2 Global SMS One Time Password (OTP) Service Revenue Market Share by Players (2019-2024)
3.2 Global SMS One Time Password (OTP) Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by SMS One Time Password (OTP) Service Revenue
3.4 Global SMS One Time Password (OTP) Service Market Concentration Ratio
3.4.1 Global SMS One Time Password (OTP) Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by SMS One Time Password (OTP) Service Revenue in 2023
3.5 SMS One Time Password (OTP) Service Key Players Head office and Area Served
3.6 Key Players SMS One Time Password (OTP) Service Product Solution and Service
3.7 Date of Enter into SMS One Time Password (OTP) Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 SMS One Time Password (OTP) Service Breakdown Data by Type
4.1 Global SMS One Time Password (OTP) Service Historic Market Size by Type (2019-2024)
4.2 Global SMS One Time Password (OTP) Service Forecasted Market Size by Type (2025-2030)
5 SMS One Time Password (OTP) Service Breakdown Data by Application
5.1 Global SMS One Time Password (OTP) Service Historic Market Size by Application (2019-2024)
5.2 Global SMS One Time Password (OTP) Service Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America SMS One Time Password (OTP) Service Market Size (2019-2030)
6.2 North America SMS One Time Password (OTP) Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America SMS One Time Password (OTP) Service Market Size by Country (2019-2024)
6.4 North America SMS One Time Password (OTP) Service Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe SMS One Time Password (OTP) Service Market Size (2019-2030)
7.2 Europe SMS One Time Password (OTP) Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe SMS One Time Password (OTP) Service Market Size by Country (2019-2024)
7.4 Europe SMS One Time Password (OTP) Service Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific SMS One Time Password (OTP) Service Market Size (2019-2030)
8.2 Asia-Pacific SMS One Time Password (OTP) Service Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific SMS One Time Password (OTP) Service Market Size by Region (2019-2024)
8.4 Asia-Pacific SMS One Time Password (OTP) Service Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America SMS One Time Password (OTP) Service Market Size (2019-2030)
9.2 Latin America SMS One Time Password (OTP) Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America SMS One Time Password (OTP) Service Market Size by Country (2019-2024)
9.4 Latin America SMS One Time Password (OTP) Service Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa SMS One Time Password (OTP) Service Market Size (2019-2030)
10.2 Middle East & Africa SMS One Time Password (OTP) Service Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa SMS One Time Password (OTP) Service Market Size by Country (2019-2024)
10.4 Middle East & Africa SMS One Time Password (OTP) Service Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SMSCountry
11.1.1 SMSCountry Company Detail
11.1.2 SMSCountry Business Overview
11.1.3 SMSCountry SMS One Time Password (OTP) Service Introduction
11.1.4 SMSCountry Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.1.5 SMSCountry Recent Development
11.2 Exotel
11.2.1 Exotel Company Detail
11.2.2 Exotel Business Overview
11.2.3 Exotel SMS One Time Password (OTP) Service Introduction
11.2.4 Exotel Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.2.5 Exotel Recent Development
11.3 2Factor
11.3.1 2Factor Company Detail
11.3.2 2Factor Business Overview
11.3.3 2Factor SMS One Time Password (OTP) Service Introduction
11.3.4 2Factor Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.3.5 2Factor Recent Development
11.4 TeleSign
11.4.1 TeleSign Company Detail
11.4.2 TeleSign Business Overview
11.4.3 TeleSign SMS One Time Password (OTP) Service Introduction
11.4.4 TeleSign Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.4.5 TeleSign Recent Development
11.5 Authkey
11.5.1 Authkey Company Detail
11.5.2 Authkey Business Overview
11.5.3 Authkey SMS One Time Password (OTP) Service Introduction
11.5.4 Authkey Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.5.5 Authkey Recent Development
11.6 AuthX
11.6.1 AuthX Company Detail
11.6.2 AuthX Business Overview
11.6.3 AuthX SMS One Time Password (OTP) Service Introduction
11.6.4 AuthX Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.6.5 AuthX Recent Development
11.7 Smstools
11.7.1 Smstools Company Detail
11.7.2 Smstools Business Overview
11.7.3 Smstools SMS One Time Password (OTP) Service Introduction
11.7.4 Smstools Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.7.5 Smstools Recent Development
11.8 SMSGlobal
11.8.1 SMSGlobal Company Detail
11.8.2 SMSGlobal Business Overview
11.8.3 SMSGlobal SMS One Time Password (OTP) Service Introduction
11.8.4 SMSGlobal Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.8.5 SMSGlobal Recent Development
11.9 SMS Works
11.9.1 SMS Works Company Detail
11.9.2 SMS Works Business Overview
11.9.3 SMS Works SMS One Time Password (OTP) Service Introduction
11.9.4 SMS Works Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.9.5 SMS Works Recent Development
11.10 Static King
11.10.1 Static King Company Detail
11.10.2 Static King Business Overview
11.10.3 Static King SMS One Time Password (OTP) Service Introduction
11.10.4 Static King Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.10.5 Static King Recent Development
11.11 ShoutOut
11.11.1 ShoutOut Company Detail
11.11.2 ShoutOut Business Overview
11.11.3 ShoutOut SMS One Time Password (OTP) Service Introduction
11.11.4 ShoutOut Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.11.5 ShoutOut Recent Development
11.12 RingCaptcha
11.12.1 RingCaptcha Company Detail
11.12.2 RingCaptcha Business Overview
11.12.3 RingCaptcha SMS One Time Password (OTP) Service Introduction
11.12.4 RingCaptcha Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.12.5 RingCaptcha Recent Development
11.13 Textlocal
11.13.1 Textlocal Company Detail
11.13.2 Textlocal Business Overview
11.13.3 Textlocal SMS One Time Password (OTP) Service Introduction
11.13.4 Textlocal Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.13.5 Textlocal Recent Development
11.14 OneLogin
11.14.1 OneLogin Company Detail
11.14.2 OneLogin Business Overview
11.14.3 OneLogin SMS One Time Password (OTP) Service Introduction
11.14.4 OneLogin Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.14.5 OneLogin Recent Development
11.15 ClickSend
11.15.1 ClickSend Company Detail
11.15.2 ClickSend Business Overview
11.15.3 ClickSend SMS One Time Password (OTP) Service Introduction
11.15.4 ClickSend Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.15.5 ClickSend Recent Development
11.16 D7 Networks
11.16.1 D7 Networks Company Detail
11.16.2 D7 Networks Business Overview
11.16.3 D7 Networks SMS One Time Password (OTP) Service Introduction
11.16.4 D7 Networks Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.16.5 D7 Networks Recent Development
11.17 Nettyfish
11.17.1 Nettyfish Company Detail
11.17.2 Nettyfish Business Overview
11.17.3 Nettyfish SMS One Time Password (OTP) Service Introduction
11.17.4 Nettyfish Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.17.5 Nettyfish Recent Development
11.18 Fast2SMS
11.18.1 Fast2SMS Company Detail
11.18.2 Fast2SMS Business Overview
11.18.3 Fast2SMS SMS One Time Password (OTP) Service Introduction
11.18.4 Fast2SMS Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.18.5 Fast2SMS Recent Development
11.19 MessageWhiz
11.19.1 MessageWhiz Company Detail
11.19.2 MessageWhiz Business Overview
11.19.3 MessageWhiz SMS One Time Password (OTP) Service Introduction
11.19.4 MessageWhiz Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.19.5 MessageWhiz Recent Development
11.20 MailerSend
11.20.1 MailerSend Company Detail
11.20.2 MailerSend Business Overview
11.20.3 MailerSend SMS One Time Password (OTP) Service Introduction
11.20.4 MailerSend Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.20.5 MailerSend Recent Development
11.21 MessageCloud
11.21.1 MessageCloud Company Detail
11.21.2 MessageCloud Business Overview
11.21.3 MessageCloud SMS One Time Password (OTP) Service Introduction
11.21.4 MessageCloud Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.21.5 MessageCloud Recent Development
11.22 8x8
11.22.1 8x8 Company Detail
11.22.2 8x8 Business Overview
11.22.3 8x8 SMS One Time Password (OTP) Service Introduction
11.22.4 8x8 Revenue in SMS One Time Password (OTP) Service Business (2019-2024)
11.22.5 8x8 Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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