SMS Firewall Market Analysis, Top Companies, Market Shares, Product Cost and Forecasts to 2027 at a CAGR of 22.0%

The SMS Firewall Market is forecasted to grow from USD 2.77 Billion in 2020 to USD 8.78 Billion by 2027, at a CAGR of 22.0% from 2019 to 2027. Rise in the deployment of SMS Firewall system through a large demand for virtual appliances or technologies in the field of networking, application delivery, and security products. Rising demand for cloud based systems is also expected to boost the SMS Firewall Systems market over the forecast period.

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The study assesses the impact of the COVID-19 pandemic on the global economy. The outbreak has drastically affected the current business landscape and, subsequently, manufacturers and buyers. The report discusses its impact on the existing scenario as well as speculations about the post-COVID-19 scenario.

Other factors responsible for the growth of the market are raising security and privacy concerns, rising hub on preventing revenue loss due to grey routes, strict government rules and regulations, and increased deployment of Application to Person (A2P) messaging.

Key players who influence the Sms Firewall Market-: Openmind Networks (Ireland), Tango Telecom (Ireland), SAP (Germany), Tata Communications (India), BICS (Belgium), AMD Telecom S.A. (Greece), Anam Technologies (Ireland), Cellusys (Ireland), Mahindra ComViva (India), Route Mobile Limited (India), Infobip (UK), Mobileum (US), Omobio (Sri Lanka), NetNumber (US), Cloudmark (US), Global Wavenet (Australia), TeleOSSco Software Private Limited (India), Defne (Turkey), HAUD (Malta), Monty Mobile (Lebanon), and NewNet Communication Technologies (US).

Focus of Operator on Return on Investment, lack of awareness and expertise, and the exposure in the prevailing signaling systems act as a restraint for the market.

This report comprises drivers, restraints, opportunities, and challenges pertaining to the SMS Firewall market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2027.

The Report, “Reports and Data: SMS Firewall Market by SMS Traffic (SMS Exchange and International Exchange), SMS Type (A2P Messaging and P2A Messaging), Messaging Platform (Cloud and Traditional), and Region (North America, Europe, and Asia Pacific) - Global Forecast to 2027 is forecasted to reach USD 2.82 Billion by 2027.”

Segments covered in the report:
For the purpose of this report, the market has been segmented on the basis of SMS Type, SMS Traffic, Messaging Platform and regional analysis.

Global SMS Firewall Systems Market, By SMS Type (Revenue, USD Million; 2020–2027)
A2P Messaging
P2A Messaging

Global SMS Firewall Systems Market, By SMS Traffic (Revenue, USD Million; 2020–2027)
SMS Exchange
International Exchange
Others

Global SMS Firewall Systems Market, By Messaging Platform (Revenue, USD Million; 2020–2027)
Cloud
Traditional

Global SMS Firewall Systems Market, By Region (Revenue, USD Million; 2020–2027)
North America
Europe
APAC
Latin America
Middle East & Africa

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Further key findings from the report suggest:
The SMS Firewall Market is forecasted to grow from USD 2.77 Billion in 2020 to USD 8.78 Billion by 2027, at a CAGR of 22.0% from 2019 to 2027. Increasing deployment of SMS Firewall system through a large demand for virtual appliances or technologies in the field of networking, application delivery, and security products. Rising demand for cloud based systems is also expected to boost the SMS Firewall Systems market over the forecast period.

The A2P messaging segment is forecasted to have a larger market share with revenue of USD 3.1 Billion, at a CAGR of 31.21% from 2019 to 2027. Order for A2P messaging is rising across all industries, including, banking, finance, healthcare, travel, and retail. Common usage includes sending alerts, notifications, and marketing messages, such as banking updates, flight alerts, One Time Password (OTP) verifications, and promotional messages. This is forecasted to boost the growth of the global SMS firewall market.

The cloud messaging platform is estimated to grow at a higher rate in the SMS firewall market during the forecast period. SMS aggregators and Mobile Network Operators (MN0s) are adopting cloud messaging platforms for the implementation of SMS firewall solutions.

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APAC is forecasted to have the highest growth rate at a CAGR of 41% from 2019 to 2027. The vital reason attributed to the growth in market is MNOs and telecom operators in APAC are extensively implementing SMS firewall solutions to protect mobile networks from SMS spam traffic.

Japan, India, China and Australia are emerging regions in APAC for the SMS firewall market. Because of the large mobile subscriber base, organizations APAC region are becoming more competitive and are focusing on offering better and customized security services in the text messaging segment. The vital factors that are driving the adoption of SMS firewall solutions in the APAC region include the

Growing use of A2P messages across various industries, such as banking, finance, e-commerce, and retail, and the growing application of government regulations on the text messaging segment.

Insights of the report:
SMS Firewall Study Coverage
Executive Summary
Market Size by Application
Manufacturers Profiles
Production Forecasts
Consumption Forecast
Market Size by Manufacturers
Production by Regions
Consumption by Regions
Market Size by Type
Value Chain and Sales Channels Analysis
SMS Firewall Market Opportunities & Challenges, Risks, and Influences Factors Analysis

The report implements various analytical tools, including SWOT analysis, Porter's Five Forces analysis, and Capacity Utilization analysis, to render a validated evaluation of the SMS Firewall market. It helps the user by highlighting and identifying the restraints, threats, and regulatory policies that apply on the market and thus help in making informed decisions. The better the user is made aware of the restraints, the better strategies they can formulate.

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By explaining the competitive landscape, crucial market projections, limitations, market restraints, growth hindering factors, regional rules and regulations, future investment and business opportunities, market threats, challenges, market driving factors and dynamics, the report renders a comprehensive outlook to readers that allows them to formulate profitable and lucrative business strategies for their business.

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