Since its emergence in the early 90’s, SMS text messaging has established itself as the “Cinderella” of the global communication industry, the popularity of its use, and the growth rates it exhibited surprised almost everyone. Today, it is a cultural phenomenon no business on earth can afford to ignore.
Europe was the first continent to be taken by the SMS text messaging storm. Today, the major volume growth regions in the world are China, India, and South America. SMS text messaging is one of the few services in consumer history that has grown very fast without corresponding decreases in pricing. Usually- even in the case of voice mobile phones- price reductions in the cost of the phones and phone service have led to increases in usage. Whilst these factors have helped to bring younger people into the mobile market, the price of SMS itself stayed steady because the networks were having trouble handling the volumes of messages being sent and dared not reduce prices.
