The Asia Pacific Short Message Service (SMS) Firewall Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
SMS firewall usage by mobile network operators is expanding, which is boosting market revenue. To protect network users from spam, fraudulent messages, and potentially harmful communications, MNOs are gradually implementing SMS firewalls. The need for SMS firewalls to classify, analyze, and stop cyberattacks is growing, which is expected to spur revenue growth. Additionally, their use is expanding as a result of the tighter government regulations protecting user rights and data.
Network administrators have been inundated with spam messages as a result of the rise in data traffic, which has reduced network bandwidth and decreased service quality. SMS firewall market solutions assist MNOs in resolving this issue, lowering operational expenses, improving customer satisfaction, and recouping revenue losses brought on by the introduction of over-the-top companies like Snapchat, Viber, and WhatsApp.
China is one of the most developed marketplaces in the world, and operators like China Telecom, China Unicom, and China Mobile are working to build 5G services. In contrast, 4G continues to be the country's most widely used mobile technology, accounting for a sizeable portion of connections. The nation has one of the largest subscriber bases, which makes up a sizable fraction of the population in the area. However, the nation is one of the major hubs for scammers, with a notable increase in mobile payment attacks every year. There is a compelling need for increased security as a result of the growing problem of such fraudulent activities. This reason is anticipated to encourage the SMS firewall market's expansion in the Asia Pacific region.
The China market dominated the Asia Pacific 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 $339.7 million by 2028. The Japan market is estimated to grow a CAGR of 8.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Short Message Service (SMS) Firewall Market is Projected to reach USD 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.
By Component
By SMS Type
By Deployment Mode
By SMS Traffic
By End User
By Country
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