According to Market Research Future Analysis, Global SMS firewall Market has been valued at US $ $3.31 Billion by the end of forecast period with 10.5% of CAGR during forecast period 2017 to 2023.
The SMS firewall market is growing at a rapid pace due to the massive mobile subscriber. In APAC region, the enterprises are focusing on offering better security services in the text messaging segment. The major factors that are driving the adoption of SMS firewall solutions in the APAC region include the increasing use of A2P messages, such as in banking, finance and travel as it is providing the secure A2P messaging transaction which is in the form of post transaction notifications and one-time password (OTP) to its customers. SMS firewall market is globally emerging across world.
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The study indicates that SMS Firewall includes anti-fraud solution that protects the client operator network and subscribers against SMS fraud is a key driver for SMS firewall market. It has been observed that the SMS firewall deployment is considering various levels of protection and monetization opportunities to the large scale international clients, Individual large local enterprises local aggregators and Resellers and smaller clients to this market. The SMS firewall is more about monetizing traffic, rather than simply blocking it.
Market Research Future (MRFR) recognizes the following companies as the key players in the SMS firewall Market: SAP SE (Germany), AMD Telecom S.A. (Greece), Tata Communications Limited (India), Twilio Inc. (US), Cloudmark, Inc. (US), Global Wavenet Limited (Australia), NetNumber, Inc. (US), Defne Telecommunication A.S. (Turkey) and NewNet Communication Technologies (US) among others
The SMS Firewall Market has been segmented on the basis of SMS type, Service type, organizations, end users and region. Looking through the end-user segment it has been observed that telecom and IT sector is showing a tremendous usage of Cloud based SMS firewall Services market and holds the largest market share. The study indicates that the other sectors such as industrial sector are considering the SMS firewall for their regular use and would show a positive sign on graph in the forecast period.
The regional analysis of SMS firewall market is being studied for region such as Asia pacific, North Americas, Europe and Rest of the World. SMS firewall in North America has become the leading in highest market share in SMS firewall market. The study reveals that Europe region is also showing a positive growth in the SMS firewall market during in present days and will reach to the highest point in forecast periods. Asia-Pacific countries like China, Japan and India have a fair market share in the SMS firewall market.
Commenting on the , an analyst from Market Research Future (MRFR)’s team said:
By end-user segment, the government and industrial sector would account for a largest user in SMS firewall market due to the increasing trend of adoption of cloud services in communication services. The retail and healthcare sector is also expected to show considerable positive indication towards SMS firewall market.
By Region, MRFR analysis shows that North America accounted for the largest share of the cloud-based SMS firewall. The SMS firewall market in Asia-Pacific (APAC) is growing in this cloud-based SMS security as use of these services have become feasible to the developing countries. With the trend analysis of the SMS firewall, the network protection and security solution, real-time alerts and among others is driving factor of this market to the large extent.
For the purpose of this study, the global SMS firewall market has been segmented on the basis of SMS type, Service type, organizations, end users and region. The report on SMS firewall contains detailed analysis with market size of each segment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- System Security
- Software investors
- SMS firewall solution vendors
- SMS firewall Providers
- Communications service providers
- Managed service providers
- Mobile virtual network operators
- Mobile virtual network enablers
- SMS aggregators
- Government agencies
- System integrators
- Digital service provider
- SMS firewall Agencies
- Technology Integrators
- Research/Consultancy firms
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