SMS Firewall Market Showing Huge Growth In Near Future!

​A firewall is a network security system that helps to monitor and control the network traffic according to predefined security rules. A SMS firewall helps monitor the traffic, detect fake message, and blocks spam messages. Increasing demand for application to person messaging by various industries such as e-commerce, banking, finance, healthcare, and retail has led to increase in SMS traffic globally, in turn fueling growth of the SMS firewall market. In addition to this, increasing privacy and security concerns globally and rising trend of mobile marketing are some of the other key drivers fueling growth of the market of SMS firewall globally.
SMS Firewall Market Taxonomy

On the basis of SMS type, the global SMS firewall market is classified into:
Application to Person Messaging
Person to Application Messaging
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 example, 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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On the basis of organization size, the global SMS firewall market is classified into:

Large Enterprises
Small and Medium-Sized Enterprises
On the basis of messaging platform, the global SMS firewall market is classified into:

Cloud platform
Conventional platform
On the basis of service type, the global SMS firewall market is classified into:

Professional Services
Managed Services
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.

On the basis of verticals, the global SMS firewall market is classified into:

Banking, Financial Services, and Insurance
Government
Healthcare and Life Sciences
Utilities and Logistics
Media and Entertainment
Travel and Tourism
Retail and Ecommerce
Manufacturing and Automotive
Telecom and IT
Others
SMS Firewall Market Outlook – North America holds the largest market of 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. In addition to this, the Asia Pacific SMS firewall market is expected to grow with the highest CAGR during the forecast period. Due to increasing demand for application to person messaging by various industries such as government, travel, e-commerce, finance, and banking has increased the market of SMS firewall market in the Asia Pacific region.

Key Companies of the Global SMS Firewall Market

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. are some of the key companies of the global SMS firewall market.

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This release was published on openPR.