Global Telecom API Market – Industry Trends and Forecast to 2024

Market Analysis: Global Telecom API Market

The global Telecom API market accounted for USD 94.12 billion in 2016 growing at a CAGR of 20.12% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Telecom API Market

Telecom API market represents application programming interface services that are provided by telecom carriers, service providers to create mobile application.  The telecom API helps in many services for instance payment, WebRTC into mobile application. Improving telecom API user experience and increasing adoption of machine-to-machine devices may act as a major driver in the growth of telecom API market.

Major Market Drivers & Restraints:

Improving telecom API user experience
Rising demand for advanced telecom services over the internet
Increasing adoption of Machine-to-Machine (M2M) devices

Market Segmentation: Global Telecom API Market

The global telecom API market is segmented on the basis of typeSMS, MMS, and RCS API, webRTC API, payment API, content delivery API, ID/SSO and subscriber API, IVR/voice store and voice control API, M2M and IoT API, location API.

On the basis of user, the global telecom API market is segmented into enterprise developer, internal developer, partner developer, and long tail developer.

On the basis of geography, the global telecom API market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Telecom API Market

The report for telecom API market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Telecom API Market

Some of the major players of the global telecom API market are Vodafone Group, TWILIO, INC., Alcatel-Lucent S.A., AT&T, Telefonica, Apigee Corp., Orange, Verizon, Nexmo, Fortumo, LocationSmart, Tropo, Aspect, Comverse Inc., and others.

Research Methodology: Global Telecom API Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Telecom API Market – Industry Trends and Forecast to 2024