SMS FIREWALL MARKET ANALYSIS

SMS firewall helps monitor the traffic, detect fake message, and blocks spam messages. Firewall is a network security system that helps to monitor and control the network traffic according to predefined security rules. Increasing demand for application to person messaging by various industries such as e-commerce, banking, finance, healthcare, and retail has increased SMS traffic globally, which in turns fuel growth of the SMS firewall market.

SMS Firewall Market Taxonomy

On the basis of SMS type, the global SMS firewall market is segmented into:

• Application to Person Messaging
• Person to Application Messaging

On the basis of organization size, the global SMS firewall market is segmented into:

• Large Enterprises
• Small and Medium-Sized Enterprises

On the basis of messaging platform, the global SMS firewall market is segmented into:

• Cloud platform
• Conventional platform

On the basis of service type, the global SMS firewall market is segmented into:

• Professional Services
• Managed Services

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

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 instance, 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.

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.

SMS Firewall Market Outlook – North America holds the largest market share in 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. Furthermore, the Asia Pacific SMS firewall market is expected to grow with the highest CAGR during the forecast period. Increasing demand for application to person messaging by various industries such as government, travel, e-commerce, finance, and banking has increased demand FOR SMS firewall, in turn fueling growth of market in this region.

Key Companies of the Global SMS Firewall Market

Key players operating in SMS firewall market include 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.