The major factors
driving the growth of this market are the rising demand for cloud-based systems
and rising security and privacy concerns
Market Size – USD 1.73
Billion in 2019, Market Growth - CAGR of 10.36% between 2019 and 2026, Market
Trends – Growing security and privacy concerns across the world.
The SMS Firewall Market is forecasted to grow from USD 2.77 Billion in 2018
to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. Rise in the
deployment of SMS Firewall system through a large demand for virtual appliances
or technologies in the field of networking, application delivery, and security
products. Rising demand for cloud based systems is also expected to boost the
SMS Firewall Systems market over the forecast period.
Other factors
responsible for the growth of the market are raising security and privacy
concerns, rising hub on preventing revenue loss due to grey routes, strict
government rules and regulations, and increased deployment of Application to
Person (A2P) messaging.
Focus of Operator on
Return on Investment, lack of awareness and expertise, and the exposure in the
prevailing signaling systems act as a restraint for the market.
This report comprises
drivers, restraints, opportunities, and challenges pertaining to the SMS
Firewall market; and extensive value chain analysis, patent analysis, analysis
of the current manufacturing capability and technology status,
commercialization potential in different devices, along with market size
forecasts till 2026.
The Report, “Reports
and Data: SMS Firewall Market by SMS Traffic (SMS Exchange and International
Exchange), SMS Type (A2P Messaging and P2A Messaging), Messaging Platform
(Cloud and Traditional), and Region (North America, Europe, and Asia Pacific) -
Global Forecast to 2026 is forecasted to reach USD 2.82 Billion by 2026.” is
available now to Reports And Data customers and can also be purchased directly
at: https://www.reportsanddata.com/sample-enquiry-form/1144
Further key findings
from the report suggest
- The SMS Firewall Market is
forecasted to grow from USD 2.77 Billion in 2018 to USD 8.78 Billion by
2026, at a CAGR of 22.0% from 2019 to 2026. Increasing deployment of SMS
Firewall system through a large demand for virtual appliances or
technologies in the field of networking, application delivery, and
security products. Rising demand for cloud based systems is also expected
to boost the SMS Firewall Systems market over the forecast period.
- The A2P messaging segment is
forecasted to have a larger market share with revenue of USD 3.1 Billion,
at a CAGR of 31.21% from 2019 to 2026. Order for A2P messaging is rising
across all industries, including, banking, finance, healthcare, travel,
and retail. Common usage includes sending alerts, notifications, and
marketing messages, such as banking updates, flight alerts, One Time
Password (OTP) verifications, and promotional messages. This is forecasted
to boost the growth of the global SMS firewall market.
- The cloud messaging platform is
estimated to grow at a higher rate in the SMS firewall market during the
forecast period. SMS aggregators and Mobile Network Operators (MN0s) are
adopting cloud messaging platforms for the implementation of SMS firewall
solutions.
- APAC is forecasted to have the
highest growth rate at a CAGR of 41% from 2019 to 2026. The vital reason
attributed to the growth in market is MNOs and telecom operators in APAC
are extensively implementing SMS firewall solutions to protect mobile
networks from SMS spam traffic.
- Japan, India, China and
Australia are emerging regions in APAC for the SMS firewall market.
Because of the large mobile subscriber base, organizations APAC region are
becoming more competitive and are focusing on offering better and
customized security services in the text messaging segment. The vital factors
that are driving the adoption of SMS firewall solutions in the APAC region
include the
- Growing use of A2P messages
across various industries, such as banking, finance, e-commerce, and
retail, and the growing application of government regulations on the text
messaging segment.
- Major players in the market are
Openmind Networks (Ireland), Tango Telecom (Ireland), SAP (Germany), Tata
Communications (India), BICS (Belgium), AMD Telecom S.A. (Greece), Anam
Technologies (Ireland), Cellusys (Ireland), Mahindra ComViva (India),
Route Mobile Limited (India), Infobip (UK), Mobileum (US), Omobio (Sri
Lanka), NetNumber (US), Cloudmark (US), Global Wavenet (Australia),
TeleOSSco Software Private Limited (India), Defne (Turkey), HAUD (Malta),
Monty Mobile (Lebanon), and NewNet Communication Technologies (US).
Purchase full SMS
Firewall Market report covered with tables and figures for
better illustration@ https://www.reportsanddata.com/checkout-form/1144
Segments covered in the
report:
For the purpose of this
report, the market has been segmented on the basis of SMS Type, SMS Traffic,
Messaging Platform and regional analysis.
Global SMS Firewall
Systems Market, By SMS Type (Revenue, USD Million; 2016–2026)
- A2P Messaging
- P2A Messaging
Global SMS Firewall
Systems Market, By SMS Traffic (Revenue, USD Million; 2016–2026)
- SMS Exchange
- International Exchange
- Others
Global SMS Firewall
Systems Market, By Messaging Platform (Revenue, USD Million; 2016–2026)
- Cloud
- Traditional
Global SMS Firewall
Systems Market, By Region (Revenue, USD Million; 2016–2026)
- North America
- US
- Europe
- Germany
- UK
- APAC
- China
- India
- Latin America
- Brazil
- Middle East & Africa
John Watson
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
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