SMS Firewall Market analysis report by Future Market Insights shows that global sales of SMS Firewall Market in 2021 was held at USD 2.3 Billion. The projected market growth during 2022 is expected to be 6.3%. SMS Firewall Platforms is expected to be the highest revenue generating segment, projected to grow at a CAGR of around 5.9% during 2022 to 2032.
Attributes | Details |
---|---|
Global SMS Firewall Market Size (2022) | USD 2.5 Billion |
Global SMS Firewall Market Size (2032) | USD 4.6 Billion |
Global SMS Firewall Market CAGR (2022 to 2032) | 6.3% |
USA SMS Firewall Market Size (2032) | 5.8% |
Key Companies Covered | Comviva; Infobip; Mobileum; Sinch; Proofpoint; Belgacom ICS; AMD Telecom S.A.; Tata Communications; Proofpoint, Inc.; Tango Telecom Ltd; Cellusys; Syniverse Technologies LLC |
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As per the SMS Firewall Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, market value of the SMS Firewall Market increased at around 6.8% CAGR.
Based on Components, the SMS Firewall industry is rapidly being affected by the SMS Firewall Platforms. This segment is expected to expand at a CAGR of 5.9% through 2032.
Countering SMS illicit practices such as SMS spoofing, SMS phishing, and SMS spamming, severe government rules and policies, and rising business utilization of Application-to-Person SMS are the primary factors driving the expansion of the demand for SMS firewalls.
Growing A2P messaging congestion is predicted to fuel the worldwide SMS firewall market's revenue growth. A2P messaging refers to message traffic where a person gets an SMS from an app or a software program instead of another individual, and these communications are triggered depending on certain criteria or situations. Use of such SMS firewalls to commercialize A2P traffic is growing, and it is accomplished by restricting possible grey routes and terminating A2P through legitimate channels, which reduces income leakage. The growing need for SMS firewalls for better user experience is projected to drive their adoption among mobile network providers. All messages flowing through the firewall system are categorized and evaluated to maximise user safety, which delivers a rich user experience, increasing adoption and driving market revenue growth.
Mobile Network Operator’s increasing utilization of SMS firewalls is fuelling global market revenue growth. MNOs are progressively deploying SMS firewalls to safeguard network users from spam, fraudulent messages, and possibly harmful communications. The requirement for SMS firewalls to analyze and categorize messages and prevent cyberattacks is also rising, which is projected to boost revenue growth. Moreover, their usage is growing due to the increased government restrictions to safeguard user rights and information.
Spam messages may be hazardous to network users' safety as well as telecom operators' income, and SMS firewalls prevent such junk to avoid undesired traffic. They are accessible in 2 SMS types: A2P and P2A, allowing them to be used by a diverse spectrum of end customers across several sectors. This is likely to promote SMS firewall use and, as a result, drive worldwide market revenue growth.
Additionally, other factors projected to drive market revenue growth over the forecast period include growing demands for SMS firewalls amongst Mobile Network Operators (MNO) as well as an increase in government legislation to safeguard user rights and information.
During the projected period, North America held the largest share in global SMS Firewall Market with a market size of USD 1.5 Billion. The highest CAGR is predicted to be 5.8%.
North America dominated the worldwide SMS firewall industry in 2021. The widespread use of SMS firewall solutions, as well as software by SMS aggregators and mobile network operators, has resulted in the expansion of the SMS firewall industry in this area. Moreover, during the forecast period, the regional SMS firewall market is predicted to develop at the fastest CAGR. The increasing need for application-to-person messaging by businesses such as government, e-commerce, travel, finance & banking has raised the market for SMS firewall, supporting market expansion in this area.
The United States is expected to account for the highest market share of USD 1.5 Billion by the end of 2032 with an expected CAGR of 5.8% by the end of 2032.
The SMS firewall market in the United States is likely to grow significantly in the future as SMS aggregators and MNOs install SMS firewall solutions on a big scale. Telecom carriers in the region use these technologies to improve company operations by providing access to spam-free text messaging.
The increasing adoption of A2P communications across business verticals such as banking, e-commerce, and the government is expected to fuel the Asia Pacific SMS firewall market growth. Broad geographic coverage and a large subscriber base have prompted authorities and regulators in Asia Pacific to enact severe spam traffic laws, which is projected to promote SMS firewall industry growth.
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SMS Firewall Platforms segment is forecasted to grow at the highest CAGR of around 5.9% during 2022-2032. Key considerations such as rising data security issues due to the enhanced grey route traffic have led to an increase in the requirement of SMS Firewall solutions in the market.
The advancements and modernization of A2P SMS have resulted in increased demand for such messaging services in corporate businesses, which is boosting the expansion of SMS Firewall platforms. For instance, in October 2020, AT&T unveiled the 10DLC messaging platform. The technology is designed to allow A2P SMS message traffic between businesses and AT&T users. When Long Code traffic terminates on the AT&T network, it improves the deliverability, stability, and overall user experience.
The Cloud segment is forecasted to grow at the highest CAGR of around 5.6% during 2022 to 2032. The cloud sector is predicted to increase at a steady rate during the projection period. Cloud deployment is an important system in IT since it allows for the cost-effective outsourcing of firewall services to third parties. This is driving the demand for SMS firewalls, which will boost revenue growth for cloud deployment.
Furthermore, Mobile Network Operators and SMS aggregators are using SMS firewall solutions on cloud messaging systems which is further fuelling the growth of this market. There is also a rising trend of cloud-based solution acceptance, particularly among small and medium-sized organizations, due to lower costs, fewer infrastructure upkeep, and greater flexibility.
Some of the key SMS Firewall providers include Comviva, Infobip, Mobileum, Sinch, Proofpoint, Belgacom ICS, AMD Telecom S.A., Tata Communications, Proofpoint, Inc., Tango Telecom Ltd, Cellusys, and Syniverse Technologies LLC.
Recent market developments include:
In November 2021, Infobip Group, a provider of cloud communications platform for customer interaction and CPaaS solutions, announced the signing of a formal deal with global VoIP supplier Peerless Network. It was the company's fourth acquisition in less than a year. The acquisition is planned to close in 2022, subject to regulatory clearances, and will be funded using a mixture of Infobip shares alongwith cash. Peerless Network's management will merge some of its assets with Infobip. The agreement expands Infobip's voice footprint in the United States and makes Peerless clients eligible for its world-class array of CPaaS technologies, enabling high-quality interaction across the customer experience.
In June 2021, Mobileum Inc., a global leader in analytics technology solutions for roaming as well as network security, services, testing, risk management, and monitoring, announced the acquisition of Developing Solutions which is a network testing solution and software provider specializing in network testing for load as well as lab use instances covering 3G, 4G, 5G, and IP Multimedia Subsystem. The takeover of Developing Solutions is part of Mobileum's growth strategy, which includes the development of a telecom-focused analytics solution with a robust testing facility and a broad set of network access points, allowing operators to optimize operational efficiency & improve consumer experience as they shift to 5G and next-generation networks.
In November 2020, Sinch AB, a worldwide pioneer in cloud communication for mobile customer interaction, announced the completion of its takeover of SAP Digital Interconnect, a subsidiary inside SAP.
Similarly, recent developments related to companies SMS Firewall Market have been tracked by the team at Future Market Insights, which are available in the full report.
The global SMS Firewall Market is worth more than USD 2.3 Billion at present.
The value of SMS Firewall Market is projected to increase at a CAGR of around 6.3% during 2022 to 2032.
The value of SMS Firewall Market increased at a CAGR of around 6.8% during 2015 to 2021.
Due to the expanding trend in mobile marketing, the market growth is being shaped by a rise in the use of apps to person (A2P) SMS.
The market for SMS Firewall Market in US is projected to expand at a CAGR of around 5.8% during 2022 to 2032.
1. Executive Summary 2. Market Overview 3. Market Risks and Trends Assessment 4. Market Background 5. Key Success Factors 6. Global SMS Firewall Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032 7. Global SMS Firewall Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032 8. Global SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By SMS Type 8.1. A2P Messages 8.2. P2A Messages 9. Global SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Component 9.1. SMS Firewall Platforms 9.2. Services 9.2.1. Professional Services 9.2.2. Managed Services 10. Global SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By SMS Traffic 10.1. National SMS Traffic 10.2. International SMS Traffic 11. Global SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Deployment Mode 11.1. Cloud 11.2. On to premises 12. Global SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. Asia Pacific 12.5. Middle East and Africa (MEA) 13. North America SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 14. Latin America SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 15. Europe SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 16. Asia Pacific SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 17. Middle East and Africa SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 18. Key Countries SMS Firewall Market Analysis 2015 to 2021 and Forecast 2022 to 2032 19. Market Structure Analysis 20. Competition Analysis 20.1. COMVIVA 20.2. INFOBIP 20.3. MOBILEUM 20.4. SINCH 20.5. BICS 20.6. PROOF POINT 20.7. AMD TELECOM S.A. 20.8. BroadNet Technologies 20.9. SAP 20.10. TATA COMMUNICATIONS 21. Assumptions and Acronyms Used 22. Research Methodology
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