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Infonetics Research Predicts SMS/MMS Security Gateway Market to Reach $70 million

24 December 2013
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According to market research firm Infonetics Research's latest SMS/MMS Security Gateways report , the global SMS/MMS security gateway market is projected to reach $70 million, a 70% increase over 2012 and to grow at a 56% compound annual growth rate (CAGR) from 2012 to 2017 . As global SMS/MMS messaging reaching 10 trillion, carriers are stepping up spending on security gateway solutions designed to combat SMS/MMS spam and threats. Infonetics predicts that the SMS/MMS security gateway industry will see consolidation in the next 12 months, with major networking/telecom equipment suppliers and focused network security players entering the foray. Infonetics reports that Cloudmark and AdaptiveMobile are the current revenue leaders in the SMS/MMS security gateway space

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SMS/MMS Security Gateway Market , Source: Infonetics Research


Jeff Wilson Principal Analyst, Security“The popularity of SMS and MMS has soared over the last decade, but carriers around the globe are just now beginning to seriously evaluate and deploy SMS/MMS security gateway solutions, forced by economic, regulatory, and attack conditions,” notes Jeff Wilson, principal analyst for security at Infonetics Research. Continues Wilson: “A trend we’re seeing as a result of regulatory pressure is major carriers in a region looking at SMS/MMS security solutions as a group and selecting a single vendor or technology, causing initial adoption to happen at once in that country or region, like Cloudmark/TeleDNA’s recent deployment in India.”  Read More Mobile security gateway market to close 2013 up 70% as carriers step up battle against spam, threats

 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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