SMS Firewall Market Worth $3.0 Billion by 2025 - Exclusive Report by MarketsandMarkets™
Jun 10, 2020, 11:30 ET
CHICAGO, June 10, 2020 /PRNewswire/ -- According to the new market research report "SMS Firewall Market by Component (SMS Firewall Platform and Services (Professional and Managed)), SMS Type (A2P and P2A Messages), SMS Traffic (National and International), Deployment Mode (On-premises and Cloud), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the SMS Firewall Market size is projected to grow from USD 2.2 billion in 2020 to USD 3.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period.
The major factors driving the growth of the SMS Firewall Market include safeguarding the network from grey route traffic and combating against growing SMS threats such as spamming, spoofing, and flooding of messages.
Browse in-depth TOC on "SMS Firewall Market"
114 – Tables
81 – Figures
222 – Pages
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19536392
The SMS firewall platform segment to record a larger market size during the forecast period
The SMS firewall platform allows Mobile Network Operators (MNOs) to safeguard the SMS traffic from malicious attacks, such as SMS phishing, SMS spoofing, SMS spamming, and SIM boxing/farming, while focusing on Application-to-Person (A2P) monetization. Globally, MNOs have undertaken preemptive measures to ensure higher customer experience and drive business revenue. SMS firewall vendors provide full control to MNOs for preventing SMS traffic from malicious attacks. With the advancement in technologies and the proliferation of security attacks, vendors have integrated Artificial Intelligence (AI), Machine Learning (ML), and analytics capabilities into the firewall that provisions real-time threat intelligence into SMS traffic for the telecom network.
Based on SMS type, the A2P messages segment to record the highest growth rate during the forecast period
The demand for A2P messaging has been witnessing strong growth across enterprises. Verticals, such as BFSI, government, healthcare, and eCommerce, are adopting A2P messaging for communication purposes. Enterprises can use A2P messaging for marketing and promotional messages, authenticating the customer, and sending OTPs and notifications. With the proliferation of smartphones and tablets across enterprises and their increased use by individual customers, it has become easy for enterprises to interact directly with their customers through SMS. In the global scenario, Asia Pacific (APAC), Europe, and Middle East and Africa (MEA) are the fastest-growing regions in the A2P messaging type, due to the higher adoption of A2P messages in the banking, finance, eCommerce, and government verticals. Internet of Things (IoT) has the potential to create new business models for the A2P messaging type.
Speak to Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=19536392
The APAC region to record the highest growth during the forecast period
The following are the key factors that will drive the SMS Firewall Market in the APAC region. These factors include a voluminous subscriber base with markets such as India and China, safeguard revenue leakage, and regulatory norms supported by the government to curb spam traffic. In the APAC region, MNOs and telecom operators are extensively adopting SMS firewall solutions to generate new revenue sources, safeguard their mobile network from SMS spam traffic, and improve customer experience.
Major vendors of SMS Firewall Market include Comviva (India), Mobileum (US), AdaptiveMobile Security (Ireland), BICS (Belgium), Monty Mobile (UK), ANAM Technologies (Ireland), Infobip Ltd (UK), Route Mobile Limited (India), Proofpoint, Inc (US), Sinch (Sweden), TeleOSS (India), NetNumber Inc (US), Enghouse Networks (Canada), Global Wavenet (Singapore), HAUD (Malta), Tango Telecom Limited (Ireland), Eastwind (Russia), SAP SE (Germany), Tata Communications (India), AMD Telecom S.A. (Greece), Omobio (Sri Lanka), Syniverse Technologies LLC (US), Mavenir (US), Cellusys (Ireland), BroadNet Technologies (Lebanon), Mylinex International (Pvt) Ltd (Sri Lanka), TWILIO INC (US), NewNet (US), Openmind Networks (Ireland), Mitto (Switzerland), Tanla (India), and 6d Technologies (India).
Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting
Browse Related Reports:
Premium A2P and P2A Messaging Market by Application (Inquiry and Search Related Services, CRM Services, Authentication, and Interactive Messages), Traffic (National and Multi-Country), Messaging Platform, Industry, and Region - Global Forecast to 2021 Premium A2P and P2A Messaging Market
https://www.marketsandmarkets.com/Market-Reports/premium-sms-44.html
Network Security Firewall Market by Component, Solution (Signaling Firewall (SS7 and Diameter Firewall) and SMS Firewall (A2P and P2A Messaging)), Service (Professional Services and Managed Services), Deployment, and Region - Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/network-security-firewall-market-256737101.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/sms-firewall-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/sms-firewall.asp
SOURCE MarketsandMarkets
