Market research firm Infonetics Research released excerpts from its new SMS/MMS Security Gateways market size and forecasts report, which tracks short message service (SMS) and multimedia messaging service (MMS) security gateways and firewalls made by AdaptiveMobile, Anam, Cellusys, Cloudmark, Mahindra, Oracle/Tekelec, Protei, Symsoft and others.
"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."
Wilson continues: "We're expecting global revenue for SMS/MMS security gateways to grow at a staggering 55% CAGR from 2012 to 2017."
SMS/MMS SECURITY GATEWAY MARKET HIGHLIGHTS
* Economic, regulatory and attack conditions are just now coming together in a way that is driving carriers to seriously evaluate and begin deploying SMS/MMS security gateway solutions
* Worldwide, the SMS/MMS security gateway market totaled $41 million in 2012 and is forecast by Infonetics to explode to $363 million by 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