North America 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 North America Short Message Service (SMS) Firewall Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
In the SMS industry, a firewall solution's function is to stop unsolicited messages before they get to the subscribers. To avoid SMS spam, the SMS platform's firewall system whitelists only authentic material. By limiting the amount of SMS sent to a single destination in bulk, a firewall also aids in SMS traffic control. It aids in maintaining the integrity of SMS content by eliminating the addition of extra characters, which frequently occurs as a result of grey routing.
Users can be certain of the network's transparency using a firewall system. The SMS firewall market is expected to develop as a result of the increasing A2P messaging congestion. A2P messaging describes message flow in which a user receives an SMS from a software program or app rather than another user, and these conversations are initiated in response to certain conditions or circumstances. It is becoming more common to use such SMS firewalls to monetize A2P traffic.
They do this by limiting potential grey routes as well as terminating A2P through legal channels, which minimizes revenue leakage. Mobile network providers are expected to employ SMS firewalls more frequently as a result of the increased need for enhanced customer experience. To enhance user safety, all messages passing through the firewall system are categorized and assessed, creating a rich user experience that boosts adoption and spurs market revenue growth.
Telecom operators in the United States and Canada are choosing SMS firewall solutions to access spam-free text messages and expedite business processes. In addition, between October 1, 2021, and March 31, 2022, Canadians filed more than 167,939 complaints with the Spam Reporting Centre, or more than 6,400 each week. The most common cause of these complaints was unsolicited mail, but text message spam is also rising. The necessity for security measures against such spam messaging activities grows. Due to this, an SMS firewall is now more necessary in the North American region.
The US market dominated the North America 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 $1,053.7 million by 2028.The Canada market is poised to grow at a CAGR of 9.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Short Message Service (SMS) Firewall Market is Estimated to reach $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 North America
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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