SMS firewalls provide web-based filtering solutions that monitor and control text messaging traffic. SMS firewall solutions help ensure protection, data security, and regulatory compliance for networked devices and operating systems. The rising concerns regarding spam messages, bulk messaging, and network security threats are prompting many organizations to adopt SMS firewall solutions. The global SMS Firewall Market is estimated to be valued at US$ 2350.4 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increase in demand for network security is one of the key trends that is expected to drive the growth of the SMS Firewall Market during the forecast period. With the increasing instances of cybercrimes and security breaches across various industry verticals, enterprises are focusing on implementing robust network security infrastructure to protect their systems, networks, data and applications. SMS firewall solutions help enterprises in securing their mobile networks by restricting spam and phishing SMS messages as well as unauthorized access to critical systems and data. The growing need to curb network security threats and comply with stringent data privacy regulations is compelling more businesses to adopt SMS firewall solutions. This rising demand for advanced network security is likely to support the expansion of the SMS firewall market over the coming years.
Segment Analysis
The global SMS Firewall market is dominated by cloud-based SMS firewall segment. Cloud-based SMS firewalls offer advantages such as scalability, cost-effectiveness, and remote access features. Since most organizations now prefer cloud-based security solutions, the demand for cloud-based SMS firewalls is high. Cloud-based SMS firewalls provide hassle-free installation and maintenance compared to on-premises SMS firewalls.
Key Takeaways
The Global SMS Firewall Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market size is projected to reach US$ 2350.4 Mn by 2024 from US$ 1541.6 Mn in 2022, registering a CAGR of 5.9% during the forecast period.
Regional analysis: The Asia Pacific region is expected to dominate the global SMS Firewall market during the forecast period. Rapid digitalization and increasing smartphone penetration are driving the demand for SMS firewall solutions in the region. Countries such as China, India, and Japan are major contributors to the growth of the APAC SMS Firewall market. North America and Europe will also witness significant growth owing to strict regulations regarding data security.
Key players operating in the SMS Firewall market are Amway Corporation, Estee Lauder Companies Inc., Groupe Rocher, L€TMOccitane Group, L€TMOreal S.A., LVMH Group, and MuLondon, Pacifica Beauty, Unilever plc. Weleda, Coty Inc., Beauty with Cruelty, Elf Cosmetic Company, Urban Decay, and Nature€TMs Gate. Amway Corporation and L'Occitane Group currently dominate the market due to their diverse product portfolios and widespread distribution networks across various regions.
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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.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
