Europe Short Message Service (SMS) Firewall Market Size, Share & Industry Trends Analysis Report By Component, By SMS Type, By Deployment Mode (On-premise and Cloud), By SMS Traffic (National and International), By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Short Message Service (SMS) Firewall Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
SMS firewall is a technology that offers comprehensive control and protection over all messages in a network, thereby shielding mobile networks and, by extension, mobile users from SMS-based attacks as well as cyberattacks. SMS analysis and SMS home router are both included in the SMS firewall. In order to block any potential grey routes, the firewall performs SMS analysis on both on-net and off-net Signaling System 7 (SS7)-based messages, classifying A2P and P2P messages as well.
For users to maintain their International Mobile Subscriber Identity (IMSI) and location privacy, the home router function is crucial. Major market participants are also employing a variety of techniques to up the rivalry and provide their clients with better services. The main drivers of the short message service (SMS) firewall market growth are the rise in application-to-person messaging adoption and the rise in user privacy and security concerns.
In addition, there is a rising need to combat SMS-related illegal activities such as SMS spoofing, SMS phishing, and SMS spamming. The growing trend of mobile marketing via SMS, as well as the demand for next-generation SMS firewalls, is predicted to support the market growth. It is becoming more common to use such SMS firewalls to monetize A2P traffic. Mobile network providers are expected to employ SMS firewalls more frequently as a result of the increased need for enhanced customer experience.
The Europe region serves as a hub for several business sectors. The regional offices and subsidiaries of numerous well-known multinational corporations are located here. These businesses are more vulnerable to hacks and online attacks that could expose confidential information about their business operations. The requirement for an SMS firewall has increased significantly as a result of the escalating demand for secure communication within the teams in such businesses. The short messaging service (SMS) firewall market is expected to grow in Europe due to all these causes.
The Germany market dominated the Europe Short Message Service (SMS) Firewall Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $261.6 million by 2028.The UK market is anticipated to grow at a CAGR of 7.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.8% during (2022 - 2028).
Based on Component, the market is segmented into Platform and Services. Based on SMS Type, the market is segmented into A2P Messaging and P2A Messaging. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on SMS Traffic, the market is segmented into National and International. Based on End User, the market is segmented into IT & Telecom, BFSI, Retail & Ecommerce, Healthcare, Government & Public Sector, Media & Entertainment and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Short Message Service (SMS) Firewall Market will Hit $4.1 Billion by 2028, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Comviva Technologies Limited (Tech Mahindra Limited), Infobip Ltd., Adaptive Mobile Security Limited (Enea AB), Tata Communications Limited (Tata Group), Proximus Group (BICS), Sinch AB, Mobilem Inc., Cellusys Limited, Monty Mobile, and Proofpoint, Inc.
Scope of the Study
Market Segments Covered in the Report:
By SMS Type
- A2P Messaging
- P2A Messaging
By Deployment Mode
By SMS Traffic
By End User
- IT & Telecom
- Retail & Ecommerce
- Government & Public Sector
- Media & Entertainment
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Comviva Technologies Limited (Tech Mahindra Limited)
- Infobip Ltd.
- Adaptive Mobile Security Limited (Enea AB)
- Tata Communications Limited (Tata Group)
- Proximus Group (BICS)
- Sinch AB
- Mobilem Inc.
- Cellusys Limited
- Monty Mobile
- Proofpoint, Inc.
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