SMS Firewall Market Growing Massively by 2021-2026 Major Players: Tyntec Telecommunications, Tata Communications, Syniverse Telecommunications company, Sinch Company

Market Insights Reports has added new statistical data to its repository titled as, Global SMS Firewall Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The SMS Firewall market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

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).

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Top Key Players in the Global SMS Firewall Market are Cellusys Telecommunications, Tyntec Telecommunications, Tata Communications, Syniverse Telecommunications company, Sinch Company, Omobio (Pvt) Ltd., Route Mobile Limited, AMD Telecom, BICS Telecommunications company, SAP ERP Software Company, Monty Mobile Telecommunications, NewNet Communication Technologies, Mahindra Comviva, Infobip Telecommunications company, Twilio Inc., and others. 

Industry News and Update:

- May 2019 - Tata Communication with their partnership with Cisco has enabled a global cloud platform for networking among the enterprise within the secure and customized hybrid network.

- Feb 2019 - CLX Communications a global cloud communications leader rebrands 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.

Key Market Trends:

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.

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This Global SMS Firewall Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global SMS Firewall market:

– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?              

We Also Offer Customization on report based on specific client Requirement:

– Free Country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

–  Free 40 analyst hours to cover any other data point

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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