The Sms Firewall Market is estimated to be valued at US$ 2,350.4 Mn in 2023 and is expected to exhibit a CAGR of 9.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Sms firewalls provide protection against spam, phishing, and fraud messages by filtering inbound and outbound sms communication based on predefined policies. They monitor message contents, sender and receiver details, time of sending and frequency to detect abnormal patterns. This helps enterprises and telecom operators ensure security, privacy and regulatory compliances for their mobile users.
Market key trends:
The sms firewall market is witnessing high growth driven by rising concerns about spam, phishing, and fraudulent sms among individuals and businesses. According to a report, every year business lose $130 billion due to mobile fraud and cybercrime. Sms remains a popular attack channel for cybercriminals. Sms firewall solutions help detect and block over 90% of spam and phishing messages thereby improving mobile user experience. Growing usage of business messaging apps and communication platforms during pandemic is also driving need for effective security controls like sms firewalls. Recent regulatory mandates requiring telecom operators to curb unsolicited commercial communications will further propel market demand.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is moderate as the SMS firewall market requires significant capital investments and availability of advanced technologies.
Bargaining power of buyers: The bargaining power of buyers is moderate as there are many established SMS firewall vendors providing customized solutions at competitive prices.
Bargaining power of suppliers: The bargaining power of suppliers is low as the SMS firewall market has many component suppliers and switching costs are low.
Threat of new substitutes: The threat of new substitutes is low as there are limited alternatives for SMS firewall capabilities.
Competitive rivalry: High due to presence of many global and regional players.
SWOT Analysis
Strength: Provides effective protection against SMS phishing, fraud and spam. Weakness: High initial investments and operational costs.
Opportunity: Growing trend of BYOD and remote working enhancing the demand. Increasing mobile transactions boosting the need for enhanced security.
Threats: Concerns around data privacy and potential vulnerabilities. Stiff competition from open-source alternatives.
Key Takeaways
The global Sms Firewall Market Growth is expected to witness high growth, exhibiting CAGR of 9.9% over the forecast period, due to increasing demand for effective security solutions amid rising digitalization.
Regional analysis: North America dominates the sms firewall market currently and is expected to maintain its leading position over the forecast period as well. Asia Pacific region is anticipated to offer lucrative growth opportunities owing to growing digital payments and adoption of BYOD policies across industries in emerging countries like India and China.
Key players operating in the Sms Firewall market are Tango Telecom,SAP SE,Tyntec,Infobip,Symantec Corporation,Acronis International GmbH,Fortinet, Inc.,Arbor Networks, Inc.,Cisco Systems, Inc.,Trend Micro Incorporated.
For more details on the report, Read- https://www.pressreleasebulletin.com/sms-firewall-market-trends-size-and-share-analysis/
The SMS firewall market includes SMS firewall or filtering solutions that are provided by vendors and companies to Mobile Network Operators (MNOs) and SMS aggregators.
SMS firewall solutions proactively detect, filter, and secure illicit incoming SMS traffic.
Growing security and privacy concerns across the globe, stringent government regulations, increased adoption of Application to Person (A2P) messaging, and growing focus on preventing revenue loss due to grey routes are the major factors that are driving the growth of the SMS firewall market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19536392The SMS firewall platform segment to record a larger market size during the forecast periodThe 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.
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 periodThe demand for A2P messaging has been witnessing strong growth across enterprises.
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.
The latest trending report Global SMS Firewall Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The SMS Firewall market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the SMS Firewall industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on SMS Firewall and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/49024-sms-firewall-industry-analysis-reportThe major players covered in SMS Firewall are:China MobileSyniverse TechnologiesSAP SEBICSTango TelecomTata Communications LimitedGlobal Wavenet LimitediBasis (Tofane Global)China UnicomInfobipSymsoftOmobioAnam TechnologiesRoute Mobile LimitedAMD TelecomOpenmind NetworksNTT DOCOMOMahindra ComvivaMobileumNewNet Communication TechnologiesHAUDMonty MobileCellusysCloudmarkBy Type, SMS Firewall market has been segmented into:Application to Person (A2P) MessagingPerson to Application (P2A) MessagingBy Application, SMS Firewall has been segmented into:BFSIEntertainmentTourismRetailMarketingHealthcareMediaOthersThe report offers in-depth assessment of the growth and other aspects of the SMS Firewall market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global SMS Firewall Market @ https://www.decisiondatabases.com/contact/download-sample-49024There are 14 Chapters to deeply display the Global SMS Firewall market.1 SMS Firewall Market Overview2 Company Profiles3 Market Competition, by Players4 Market Size by Regions5 North America SMS Firewall Revenue by Countries6 Europe SMS Firewall Revenue by Countries7 Asia-Pacific SMS Firewall Revenue by Countries8 South America SMS Firewall Revenue by Countries9 Middle East & Africa Revenue SMS Firewall by Countries10 Market Size Segment by Type11 Global SMS Firewall Market Segment by Application12 Global SMS Firewall Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global SMS Firewall Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-49024Other Reports by DecisionDatabases.com:Global Web Application Firewall (WAF) Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Hardware Firewalls Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Firewall as a Service Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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