Global SMS Firewall Market Size Hit USD 5.45 Billion at a CAGR of 10.5% in 2030 | Comviva, Mobileum Inc
Growth of A2P (Application-to-Person) messaging traffic, and increasing adoption of SMS firewalls for monetizing Short Message Service (SMS) traffic are some key factors driving market revenue growth
Market Size – USD 2.24 Billion in 2021, Market Growth –
at a CAGR of 10.5%, Market Trend – Increasing demand for SMS firewalls to
analyze all A2P (Application-to-Person) and P2P (Person-to-Person) messages
The global SMS
firewall market size is expected to reach USD 5.45 Billion in 2030 and
register a revenue CAGR of 10.5% over the forecast period, according to latest
report by Reports and Data. Growth of A2P messaging traffic and increasing
adoption of SMS firewalls for monetizing SMS (Short Message Service) traffic
are expected to drive market revenue growth during the forecast period.
Increasing demand for SMS firewalls to analyze all A2P and P2P messages is also
expected to support revenue growth of the global SMS firewall market in the
near future. Rising SMS traffic and entry of more spam and fraudulent messages
have led to increased adoption of SMS firewalls for protecting user data and
rights. A2P (Application-to-Person) messaging system is widely used by various
sectors to deliver messages containing One-Time Passwords (OTPs), reports, and
notifications to their users. The efficiency of automated A2P messages makes
them an essential part of SMS traffic, which increases demand for SMS
firewalls, and this is expected to drive revenue growth of the market in the
near future.
Rising demand for SMS firewalls due to the robust security
they provide to SMS traffic of all Mobile Network Operators (MNOs) is expected
to drive market revenue growth. Additionally, there is increasing adoption of
SMS firewalls, due to their capability to analyze and classify all A2P and P2P
messages, which is also expected to have a positive impact on the market.
However, challenges in creating awareness among users could hamper market
revenue growth during the forecast period. Lack of technological knowledge
among users of telecom networks has paved way for cyber attackers to steal
their data and cause potential harm to them. This creates challenges in
designing and implementing SMS firewalls, which is expected to restrain revenue
growth of the market during the forecast period.
Companies profiled in
the global market report include Comviva, Mobileum Inc., Belgacom ICS (BICS),
AMD Telecom S.A., Tata Communications, Infobip Ltd., Proofpoint, Inc., Tango
Telecom Ltd, Cellusys, and Syniverse Technologies LLC.
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Market Overview:
The research report
assesses the market dynamics, market landscape, company profiles, production
and manufacturing capacity, year-on-year growth rate, SWOT analysis, and
Porter’s Five Forces analysis. The report estimates the market size, market
growth, and provides an accurate forecast for the key segments of the market
for the forecast period of 2020-2028. The report also covers an in-depth
analysis of the key competitors of the market, along with their growth
strategies and business expansion plans.
The SMS
Firewall Market has been segmented
into key regions of the world and offers an analysis of growth rate, market
share, market size, current and emerging trends, production and consumption
ratio, industrial chain analysis, demand and supply, import and export, revenue
contribution, and presence of key players in each region. A country-wise
analysis of the market is offered in the report to gain a better understanding
of the regional spread and progress of the SMS Firewall Market
Some Key Highlights in the Report
- A2P
(Application-to-Person) messaging segment is expected to account for a
larger revenue share over the forecast period. Increasing use of A2P
messaging systems by different sectors is driving revenue growth of this
segment. A2P messaging is essential for sectors, such as healthcare and
banking, as it helps them in sending accurate and automated notifications
to users, which increases efficiency and reduces costs.
- On-premise
segment is expected to account for a larger revenue share in the global
SMS firewall market between 2022 and 2030. Rising demand for on-premise
SMS firewall deployment by telecom operators, to gain greater control over
SMS traffic security, is driving revenue growth of this segment.
Increasing need for network security from spam and fraudulent messages is
also increasing demand for SMS firewalls, which is expected to support
revenue growth of this segment.
- Asia-Pacific
SMS firewall market is expected to account for largest revenue share in
the global market over the forecast period. Rapid growth of the healthcare
and banking & financial industries, in which SMS firewalls play an
important part, is expected to drive market revenue growth. Rapid
implementation of latest technologies by telecom operators in Asia-Pacific
is another factor expected to support revenue growth of the SMS firewall
market in this region.
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For the purpose of this report, Reports and Data has
segmented the global SMS firewall market based on SMS type, deployment modes,
end-use, and region:
SMS Type Outlook (Revenue, USD Billion; 2019-2030)
- A2P
(Application-to-Person) Messaging
- P2A
(Person-to-Application) Messaging
Deployment Modes Outlook (Revenue, USD Billion;
2019-2030)
- On-premise
- Cloud
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Government
- Education
- Banking,
Financial Services, Insurance
- IT
& Telecom
- Healthcare
- Utilities
& Logistics
- Retail
& Commerce
- Media
& Entertainment
Regional Outlook (Revenue, USD Billion; 2019-2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest
of Europe
- Asia-Pacific
- China
- India
- Japan
- South
Korea
- Rest
of APAC
- Latin
America
- Brazil
- Rest
of LATAM
- Middle
East & Africa
- Saudi
Arabia
- UAE
- South
Africa
- Israel
- Rest
of MEA
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Key Advantages of SMS
Firewall Market Report:
- Identification
and analysis of the market size and competition
- Qualitative
and quantitative analysis of the market data
- Data
validated by industry experts after extensive primary and secondary
research
- Extensive
regional analysis of the SMS
Firewall industry
- Profiling
of key players along with their business overview, business strategies,
deals and partnerships, and product portfolio
- SWOT and
Porter’s Five Forces Analysis for in-depth understanding of the
competitive landscape
- Feasibility
analysis and investment analysis to enable strategic investment decisions
- Analysis
of opportunities, drivers, restraints, challenges, risks, and limitations
Conclusively, all aspects of the SMS Firewall Market are
quantitatively as well qualitatively assessed to study the global as well as
regional market comparatively. This market study presents critical information
and factual data about the market providing an overall statistical study of
this market on the basis of market drivers, limitations and its future
prospects.
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