SMS Firewall Market Predicts US$ 4.6 Billion Revenue, 6.3% CAGR by 2032

The SMS firewall market is poised for explosive growth, with projections indicating that it will reach a staggering US$4.6 billion by the year 2032. This remarkable surge in market value is underpinned by an impressive CAGR of 6.3%. As the telecommunications landscape continues to evolve, the SMS firewall market plays a pivotal role in safeguarding the integrity and security of SMS communications.

With this projected expansion, it is clear that the demand for SMS firewall solutions is on the rise, driven by the increasing need for protecting mobile networks from spam, fraud, and other security threats. This market’s flourishing trajectory underscores its vital role in the ever-expanding realm of mobile communication security.

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A2P is a machine-to-human technological solution that requires technical assistance to avoid security breaches and protect against cyberattacks or destructive viruses. SMS firewalls safeguard messages by evaluating and categorizing all messages and preventing any grey routes that may develop, which is another important element projected to raise its demand in different projects and hence contribute to the segment’s revenue growth.

Infobip, for example, offers the A2P SMS type to deliver services such as verification SMS, notification upgrades, passcode resetting links, OTPs, and others. They communicate with clients through more dependable messaging options. There are numerous SS7-based SMS varieties, such as on-net and off-net, which have expanded mobile network operators’ usage of firewalls to categorize and evaluate safe communications.

Key Takeaways from the SMS Firewall Market Report:

• The global SMS Firewall Market is expected to reach a market size of US$ 2.5 Billion by 2022.
•  In terms of Components, the SMS Firewall Platforms segment is expected to account for the highest CAGR of 5.9% during the forecast period.
• In terms of Deployment Mode, the Cloud segment is expected to have the highest CAGR rate of 5.6% during the forecast period.
• United States will remain the most dominant market with an absolute dollar growth opportunity of US$ 639.6 Million from 2022 – 2032.
• The market in the U.S. is set to experience the highest CAGR of 5.8% during the 2022-2032 forecast period.

Leading Key Players:

• Comviva
• Infobip
• Mobileum
• Sinch
• Proofpoint
• Belgacom ICS
• AMD Telecom S.A.
• Tata Communications
• Proofpoint, Inc.
• Tango Telecom Ltd
• Cellusys
• Syniverse Technologies LLC

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Recent market developments include:

• In November 2021, Infobip Group, a provider of cloud communications platforms for customer interaction and CPaaS solutions, announced the signing of a formal deal with the global VoIP supplier Peerless Network. It was the company’s fourth acquisition in less than a year.
• The acquisition is planned to close in 2022, subject to regulatory clearances, and will be funded using a mixture of Infobip shares along with cash. Peerless Network’s management will merge some of its assets with Infobip. The agreement expands Infobip’s voice footprint in the United States. It makes Peerless clients eligible for its world-class array of CPaaS technologies, enabling high-quality interaction across the customer experience.
• In June 2021, Mobileum Inc., a global leader in analytics technology solutions for roaming as well as network security, services, testing, risk management, and monitoring, announced the acquisition of Developing Solutions which is a network testing solution and software provider specializing in network testing for load as well as lab use instances covering 3G, 4G, 5G, and IP Multimedia Subsystem.
• The takeover of Developing Solutions is part of Mobileum’s growth strategy, which includes the development of a telecom-focused analytics solution with a robust testing facility and a broad set of network access points, allowing operators to optimize operational efficiency & improve consumer experience as they shift to 5G and next-generation networks.
• In November 2020, Sinch AB, a worldwide pioneer in cloud communication for mobile customer interaction, announced the completion of its takeover of SAP Digital Interconnect, a subsidiary of SAP.

SMS Firewall Market Segmentation: