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Telecom Application Programming Interface (API) Market By Reports And Data
Telecom Application Programming
Interface (API) Market to Reach USD
473.33 Billion By 2026
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a.com
Market Summary
The escalating competition amongst the telecom
service providers to make better and improved
services available to consumers at affordable prices
to gain a competitive edge is expected to drive the
market for telecom APIs.
Telecom Application Programming Interface (API)
Market
Size – USD 100 billion in 2018, Market Growth -
CAGR of 18.2%, Market Trends – Mounting need for
online amusement and mobile application, the
proliferation of machine-to-machine devices and
consumers preferring 4G networks as their network
of choice.
M a Orkuetr S Aumpmparroyach
The Telecom Application programming interface market is expected to grow from USD 100 billion in 2018 to
USD 473.33 billion by 2026, at a CAGR of 18.2% during the forecast period. The escalating competition
amongst the telecom service providers to make better and improved services available to consumers at
affordable prices to gain a competitive edge is expected to drive the market for telecom APIs. Mounting
demand for online amusement and better mobile application, increased penetration of IoT devices, switching
of the consumers to 4G networks, efforts towards making improved APIs for better user experience and the
growing need by the telecom operators to monetize their advanced services are other drivers that are
supposed to contribute towards the market growth.
Strict government regulations faced by telecom companies regarding the use of any discriminatory practices
or any unfair policies may create a hindrance for the growth of the market.
Key players in the telecom application programming interface market include Vodafone Group PLC (UK),
Twillo Inc. (US), Alcatel-Lucent (France), AT&T Inc. (US), Apigee Corporation (US), Telefonica (Spain) Orange
S.A. (France), Verizon Communications (US), Nexma Inc. (US), Fortumo (Estonia), LocationSmart (US), and
Aspect Software (US) among other players.
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M a r kOeut Sru Ampmparyoach
Type of telecom API (Revenue, USD Million; 2018–2026)
• SMS, MMS and RCS API
• Payment API
• Web RTC API
• IVR/Voice Store and Voice Control API
• ID/SSO and Subscriber API
• Location API
• Content Delivery API
• M2M and IoT API
• Others (Quality of Service, Device Information, and Advertising API)
End-User (Revenue, USD Million; 2018–2026)
• Internal Developer
• Partner Developer
• Enterprise Developer
• Long Tail Developer
M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• The telecom application programming interface market is expected to grow from USD 100 billion in 2018
to USD 473.33 billion by 2026, at a CAGR of 18.2% during the forecast period.
• The escalating competition amongst the telecom service providers to make better and improved services
available to consumers at affordable prices to gain a competitive edge is expected to drive the market for
telecom APIs. Mounting demand for online amusement and better mobile application, increased
penetration of IoT devices, switching of the consumers to 4G networks, efforts towards making improved
APIs for better user experience and the growing need by the telecom operators to monetize their
advanced services are other drivers that are supposed to contribute towards the market growth.
• On the basis of type of telecom API, the market has been segmented into SMS, MMS and RCS API, Payment
API, Web RTC API, IVR/Voice Store and Voice Control API, ID/SSO and Subscriber API, Location API,
Content Delivery API, M2M and IoT API, and Others (Quality of Service, Device Information, and
Advertising API).
Read More @
https://www.reportsanddata.com/report-detail/telecom-application-programming-interface-api-ma
rket
A b oOuutr U Aspproach
Reports and Data is a market research and consulting company that provides syndicated research reports,
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the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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