SMS Firewall Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 10.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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SMS Firewall Market Analysis
The SMS firewall market was valued at USD 2.042 billion in 2020, at a CAGR of 10.2% over the forecast period (2021 - 2026). The increase in the adoption of application to person (A2P) SMS will drive the market in the near future due to the growing trend in mobile marketing.
- For Instance, SAP SMS Firewall 365 creates a secure firewall for the SMS services that you are using. This cloud-based firewall solution can help users to prevent frauds, spams, messaging abuse, SMS spoofing attacks, and other attacks. This solution even enables you to improve the monetization of your messaging services.
- A2P is the primary driver for the growth of the market where the SMS is sent from the application to the person. This type of SMS can be applied in various end-user industries like e-commerce, advertising, healthcare, and others where you need to reach out to your consumers for secure communication.
- The lack of technical knowledge in the users might hinder the growth where they are unaware of the SMS frauds or how to stop unwanted SMS floodings and blocking of fake SMSs and others.
SMS Firewall Market Trends
This section covers the major market trends shaping the SMS Firewall Market according to our research experts:
Increase in Adoption of A2P will Drive the Market in the Forecast Period
- The process of sending SMS from an application to a mobile user is known as A2P SMS, also known as Enterprise messaging. Organizations use A2P to reach out to their authentic consumers via SMSs. A2P is taken growth in the BFSI sector since the banking sector is using A2P SMS to send relevant banking notifications and information directly to the user's phone, which has improved efficiency and communication.
- For Instance, Infobip provides the A2P SMS type to provide services like authentication SMS, notification updates, passcode reset links, OTPs, and others. They reach out to customers with more reliable messaging solutions.
- Furthermore, for more than 15years, financial institutions have been using A2P SMS by delivering automated SMS notification to their client's mobile phones to keep them updated. For, e.g., balance statements, payment reminders, withdrawal notifications, and others.
- The primary region to drive this market would be from countries from Asia-Pacific like China, India, Japan, & South Korea, where investors are witnessing interest in IT & Telecom Industries. Also, owing to the advance in the abundance of unique mobile subscribers in this region are also boosting the growth of the market.
Asia Pacific is Expected to Witness Highest Growth in the Market
- The Increase in adoption of A2P in the APAC region is responsible for the growth of the market in the region across various end-user industries like government, BFSI, eCommerce, and others.
- However, due to the extensive geographic coverage, government authorities across the APAC countries are implementing strict rules and regulations for SMS spam traffic, which in return are significant factors driving the growth of the SMS firewall market in the APAC region.
- The increase in security and privacy in SMSs in the region and stringent government regulations are the major factors that are driving the adoption of SMS firewall solutions.
- However, lack of awareness, operators’ focus on quick Return on Investment (ROI), and the vulnerabilities in the existing signaling systems are acting as the challenges in the adoption of SMS firewall solutions.
SMS Firewall Industry Overview
The market isfragmented due to the presence of the major companies in the market like Tata Communications, Mahindra Comviva, SAP, AMD Telecom, and others. Since hackers are continuously trying to penetrate the SMS firewall, the companies are spending heavily on updating the firmware and firewall software to prevent usersfrom unnecessaryattacks and spams.
- May 2019 - Tata Communication with their partnership with Cisco has enabled a global cloud platform for networking among theenterprise within the secure and customized hybrid network.
- Feb 2019 - CLX Communications a globalcloud communications leaderrebrands itself as Sinch; the products that were branded under CLX, Symsoft, and others are now under a new corporate brand identity with a shared name and visual identity for all business units.
SMS Firewall Market Leaders
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Tata Communications Ltd.
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Mahindra Comviva
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AMD Telecom
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BICS Telecommunications company
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SAP Software company
*Disclaimer: Major Players sorted in no particular order
SMS Firewall Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Introduction to Market Drivers and Restraints
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4.3 Market Drivers
- 4.3.1 Growing Security & Privacy Concern
- 4.3.2 Growing Trend in Mobile Marketing
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4.4 Market Restraints
- 4.4.1 Lack of Technical awareness in Terms of Security
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4.5 Industry Attractiveness - Porter's Five Force Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By SMS Type
- 5.1.1 A2P
- 5.1.2 P2A
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5.2 By Platform
- 5.2.1 Cloud
- 5.2.2 Traditional Applications
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5.3 By End-user Industries
- 5.3.1 Education
- 5.3.2 Government
- 5.3.3 IT & Telecom
- 5.3.4 Media & Entertainment
- 5.3.5 BFSI
- 5.3.6 Healthcare
- 5.3.7 Manufacturing
- 5.3.8 E-Commerce
- 5.3.9 Other End-user Industries
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5.4 Geography
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia-Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Cellusys Telecommunications
- 6.1.2 Tyntec Telecommunications
- 6.1.3 Tata Communications
- 6.1.4 Syniverse Telecommunications company
- 6.1.5 Sinch Company
- 6.1.6 Omobio (Pvt) Ltd.
- 6.1.7 Route Mobile Limited
- 6.1.8 AMD Telecom
- 6.1.9 BICS Telecommunications company
- 6.1.10 SAP ERP Software Company
- 6.1.11 Monty Mobile Telecommunications
- 6.1.12 NewNet Communication Technologies
- 6.1.13 Mahindra Comviva
- 6.1.14 Infobip Telecommunications company
- 6.1.15 Twilio Inc.
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
SMS Firewall Industry Segmentation
Network operations are negatively getting impacted by spam and fraud messages. SMS firewall detects spam and fraud in the mobile network and stops them to improve customer satisfaction. Their applications are in the government sector, educational sector, healthcare, e-commerce, and others.
By SMS Type | A2P |
P2A | |
By Platform | Cloud |
Traditional Applications | |
By End-user Industries | Education |
Government | |
IT & Telecom | |
Media & Entertainment | |
BFSI | |
Healthcare | |
Manufacturing | |
E-Commerce | |
Other End-user Industries | |
Geography | North America |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East & Africa |
SMS Firewall Market Research FAQs
What is the current SMS Firewall Market size?
The SMS Firewall Market is projected to register a CAGR of 10.20% during the forecast period (2024-2029)
Who are the key players in SMS Firewall Market?
Tata Communications Ltd., Mahindra Comviva, AMD Telecom, BICS Telecommunications company and SAP Software company are the major companies operating in the SMS Firewall Market.
Which is the fastest growing region in SMS Firewall Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in SMS Firewall Market?
In 2024, the North America accounts for the largest market share in SMS Firewall Market.
What years does this SMS Firewall Market cover?
The report covers the SMS Firewall Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the SMS Firewall Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
SMS Firewall Industry Report
Statistics for the 2023 SMS Firewall market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. SMS Firewall analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.