The SMS/MMS security gateway market worldwide totaled $41 million in 2012 and is forecast to explode to $363 million by 2017, according to a new report from Infonetics.
“With nearly 10 trillion SMS/MMS messages being generated annually worldwide, SMS spam, mobile malware and SMS-generated multi-vector threats are an ever-increasing problem,” observes Jeff Wilson, principal analyst for security at Infonetics Research. “But many mobile carriers haven’t yet invested in SMS/MMS security solutions, representing a large greenfield opportunity for makers of security gateways. We’re expecting global revenue for SMS/MMS security gateways to grow at a staggering 55% CAGR from 2012 to 2017.”
The crowded vendor landscape includes full mobile messaging security solutions from companies like Cloudmark and AdaptiveMobile as well as SMS firewalls from a wide range of telecom equipment vendors.
