Market Size of SMS Firewall Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 10.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
SMS Firewall Market Analysis
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). The increase in the adoption of application to person (A2P) SMS will drive the market in the near future due to the growing trend in mobile marketing.
- For Instance, SAP SMS Firewall 365 creates a secure firewall for the SMS services that you are using. This cloud-based firewall solution can help users to prevent frauds, spams, messaging abuse, SMS spoofing attacks, and other attacks. This solution even enables you to improve the monetization of your messaging services.
- A2P is the primary driver for the growth of the market where the SMS is sent from the application to the person. This type of SMS can be applied in various end-user industries like e-commerce, advertising, healthcare, and others where you need to reach out to your consumers for secure communication.
- The lack of technical knowledge in the users might hinder the growth where they are unaware of the SMS frauds or how to stop unwanted SMS floodings and blocking of fake SMSs and others.
SMS Firewall Industry Segmentation
Network operations are negatively getting impacted by spam and fraud messages. SMS firewall detects spam and fraud in the mobile network and stops them to improve customer satisfaction. Their applications are in the government sector, educational sector, healthcare, e-commerce, and others.
By SMS Type | |
A2P | |
P2A |
By Platform | |
Cloud | |
Traditional Applications |
By End-user Industries | |
Education | |
Government | |
IT & Telecom | |
Media & Entertainment | |
BFSI | |
Healthcare | |
Manufacturing | |
E-Commerce | |
Other End-user Industries |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East & Africa |
SMS Firewall Market Size Summary
The SMS firewall market is experiencing significant growth, driven primarily by the increasing adoption of application-to-person (A2P) SMS services. This growth is largely attributed to the rising trend in mobile marketing, where businesses leverage SMS to communicate directly with consumers across various industries such as e-commerce, healthcare, and banking. The A2P SMS service, also known as enterprise messaging, is particularly popular in the banking, financial services, and insurance (BFSI) sector, where it is used to send important notifications and updates directly to users' mobile devices. However, the market faces challenges due to a lack of technical knowledge among users regarding SMS fraud prevention and the management of unwanted SMS traffic.
The Asia-Pacific region is a key driver of market expansion, with countries like China, India, Japan, and South Korea leading the charge due to their large mobile subscriber base and growing interest in IT and telecom industries. The region's growth is further supported by stringent government regulations aimed at reducing SMS spam, which in turn boosts the demand for SMS firewall solutions. Despite these positive trends, challenges such as lack of awareness, a focus on quick return on investment by operators, and vulnerabilities in existing signaling systems continue to hinder widespread adoption. The market remains fragmented, with major players like Tata Communications, Mahindra Comviva, and SAP investing heavily in updating their firewall technologies to combat ongoing security threats.
SMS Firewall Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Growing Security & Privacy Concern
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1.3.2 Growing Trend in Mobile Marketing
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1.4 Market Restraints
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1.4.1 Lack of Technical awareness in Terms of Security
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1.5 Industry Attractiveness - Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By SMS Type
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2.1.1 A2P
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2.1.2 P2A
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2.2 By Platform
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2.2.1 Cloud
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2.2.2 Traditional Applications
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2.3 By End-user Industries
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2.3.1 Education
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2.3.2 Government
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2.3.3 IT & Telecom
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2.3.4 Media & Entertainment
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2.3.5 BFSI
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2.3.6 Healthcare
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2.3.7 Manufacturing
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2.3.8 E-Commerce
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2.3.9 Other End-user Industries
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2.4 Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia-Pacific
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2.4.4 Latin America
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2.4.5 Middle East & Africa
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SMS Firewall Market Size FAQs
What is the current SMS Firewall Market size?
The SMS Firewall Market is projected to register a CAGR of 10.20% during the forecast period (2024-2029)
Who are the key players in SMS Firewall Market?
Tata Communications Ltd., Mahindra Comviva, AMD Telecom, BICS Telecommunications company and SAP Software company are the major companies operating in the SMS Firewall Market.