Telecom API Market

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TELECOM API MARKET ANALYSIS

• Telecom API Market, By Service Type (Payment,
  SMS, MMS and RCS-E, Maps and Location,
  Voice/Speech, Identity Management, WebRTC and
  Others (Device Information and Do Not Distrub),
  By Type (Enterprise Developer, Internal Telecom
  Developer, Partner Developer and Long Tail
  Developer) and by Region (North America, Latin
  America, Europe, Asia Pacific, Middle East and
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2020 - 2027

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• Market Overview
• The global Telecom API Market was accounted
  for US 194.2 BN in terms of value in 2019 and is
  expected to grow at CAGR of 23.6 for the
  period 2020-2027.
• Market Dynamics Drivers
• Rising proliferation of mobile internet and cloud
  technologies is expected to drive growth of the
  global telecom API market during the forecast
  period
• Increasing access to 4G LTE network is expected
  to propel the global telecom API market growth
  over the forecast period

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Figure 1. Global Telecom API Market Share () in
terms of Value, By Region, 2019
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• Market Dynamics Restraints
• Over the top (OTT) service providers cutting
  revenue and margin of telecom operators is
  expected to restrain growth of the global telecom
  API market during the forecast period
• Telecom carrier outlook towards adopting open
  telecom API is expected to hamper the global
  telecom API market growth over the forecast
  period

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• Market Opportunities
• Rising adoption of machine-to-machine (M2M)
  devices can present lucrative growth
  opportunities
• Research and development activities among market
  players can provide major business opportunities

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Figure 2. Global Telecom API Market Value (US
BN), 2017 - 2027
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• Market Trends
• North America Trends
• Europe Trends

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• Key Developments
• Major companies are focused on product launches,
  in order to expand the product portfolio. For
  instance, in October 2018, Nexmo, Inc., a
  subsidiary of Vonage Hldgs, introduced a
  next-generation messaging solution around two new
  APIs namely Dispatch API and Messages API.
• Competitive Section
• Key players operating in the global telecom API
  market are ATT, Inc., Comverse, Inc., Apigee
  Corp., Nexmo, Inc., LocationSmart, Fortumo OU,
  Alcatel-Lucent, Aepona Ltd., Orange S.A., Tropo,
  Inc., Twilio, Inc., and Huawei

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