SMS Firewall Market, 2018-2026 – Market Estimate, Competitive Landscape, Industry Size: Coherent Market Insights
SMS firewall helps monitor the traffic, detect
fake message, and blocks spam messages. Firewall is a network security system
that helps to monitor and control the network traffic according to predefined
security rules. Increasing demand for application to person messaging by
various industries such as e-commerce, banking, finance, healthcare, and retail
has increased SMS traffic globally, which in turns fuel growth of the SMS
firewall market.
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The application to person messaging segment is
anticipated to exhibit the highest CAGR over the forecast period. Increasing
demand for application to person message in various verticals such as
e-commerce, travel, healthcare, finance, banking industry provided a swift
growth to this segment in the global SMS Firewall market. Notifications,
sending alerts and marketing messages for instance, One Time Password (OTP)
verifications, flight alerts, banking updates, and promotional messages are
some of the common cases of the application to person messaging segment, which
helps accelerate the global SMS firewall market.
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The managed service segment is anticipated to
exhibit the highest CAGR over the forecast period. The managed services enable
end users to configure and deploy application and software on their devices.
The provision of various managed services by venders such as firewall
configurations and management, client-hosted operations, 24/7 remote support,
inventory tracking, monitoring and vigilance, and firewall services have
increased the market share of managed services segment in the global SMS
firewall market.
SMS Firewall Market Outlook – North America
holds the largest market share in the global SMS firewall.
On the basis of geography, the global SMS
firewall market is classified into North America, Europe, Asia Pacific, Latin
America, Middle East, and Africa. North America held the dominant position in
the global SMS firewall market in 2016 and is projected to retain its dominance
throughout the forecast period. The large-scale implementation of SMS firewall
software or solutions by SMS aggregators and mobile network operators have led
to the growth of the market of SMS firewall in this region. Furthermore, the
Asia Pacific SMS firewall market is expected to grow with the highest CAGR
during the forecast period. Increasing demand for application to person
messaging by various industries such as government, travel, e-commerce,
finance, and banking has increased demand FOR SMS firewall, in turn fueling
growth of market in this region.
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Key Companies of the Global SMS Firewall
Market
Key players operating in SMS firewall market
include Symsoft, Cellusys, Route Mobile Limited, ANAM Technologies Ltd.,
Tyntec, SAP SE, Belgacom ICS, Tata Communications Limited, Mahindra Comviva,
Infobip Ltd., Twilio Inc., Syniverse Technologies, LLC., Omobio (PVT) Limited,
and AMD Telecom S.A.
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