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Telecom API Market By Service (SMS, MMS and RCS API, Payment API, Payment API, Maps And Location API, Identity Management API, Voice/Speech API, WebRTC API), By User (Enterprise Developer, Internal Developer, Partner Developer, Long Tail Developer) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

The rising penetration of smartphones and internet usage has led to high demand for mobile applications in recent years. A further rise in the penetration of mobile devices is expected to continue driving the demand for mobile applications in the coming years. Similarly, the penetration of over-the-top (OTT) services has also witnessed a paradigm shift in the past few years. In addition, advancements in internet services such as 4G LTE further drive the overall mobile application and OTT content industries. This is expected to significantly fuel the mobile internet traffic rate, thereby bolstering API services such as WebRTC, RCS, and location. This is one of the most significant factors fueling the telecom API market's growth.

Due to the growing usage of mobile applications and OTT content services, telecom operators are facing substantial competition from related service providers. Consumers are willing to pay more for internet bandwidth as compared to traditional telecom services. This is a major concern for telecom operators in terms of revenue generation. Exposing APIs to external and internal application developers helps telecom operators tackle revenue generation challenges, thereby improving their market position. Telecom API refers to an API solution designed to provide an interface between mobile applications and some of their internal functionality.

This may include sharing such things as identity, location, and others. Disclosing such information helps both telecom operators and application developers deliver a better consumer experience.

The report titled "Global Telecom API Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" offers strategic insights into the global telecom API market along with the market size and estimates for the duration of 2014–2023. The said research study covers an in-depth analysis of multiple market segments based on service, user, and cross-sectional studies across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2015 and 2023. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading telecom API vendors, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Some of the major players profiled in the report are AT&T, Inc., Alcatel-Lucent, Tropo, Inc. (Cisco, Inc.), Fortumo OU, Apigee Corporation, Twilio, Inc., OrangeSA, and others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends are used to explain why the telecom industry will have many attractive markets in the near future.
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2014–2015)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global telecom API market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.

The global telecom API market is segmented, based on services, into the following categories:

  • SMS, MMS, and RCS
  • Payment
  • Maps and Location
  • Identity Management
  • Voice/Speech
  • WebRTC
  • Others

The global telecom API market, based on services, is led by the payment and voice API segments, which collectively account for more than forty percent of the total market revenue. These APIs are primarily used by enterprise developers, thereby driving the overall segment revenue. These segments are estimated to continue dominating the market throughout the forecast period. However, the WebRTC segment is projected to register the highest growth during the forecast period. The growth is estimated to be primarily due to the low cost of calling in WebRTC as compared to traditional voice services. The SMS, MMS, and RCS segments are expected to witness moderate growth during the forecast period.

On the basis of geography, the global telecom API market is segmented into the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • U.K.
  • Germany
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Australasia
  • Rest of Asia Pacific
  • Middle East and Africa (MEA)
  • GCC countries
  • North Africa
  • South Africa
  • rest of MEA
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America

The overall telecom API market is dominated, in terms of revenue, by the Europe region. The market here is mainly driven by the high penetration of telecom APIs by operators across mobile applications. Subsequently, the region is estimated to retain its dominant position in the market throughout the forecast period. In terms of revenue, the Europe market is followed by North America and the Asia Pacific region.

Asia Pacific is projected to portray the highest growth rate during the forecast period, making it the most lucrative market for telecom API. China and India are the two largest consumer markets with a strong consumer base for telecom operators. With the rising penetration of internet services and mobile applications, the telecom API market here is expected to expand substantially in the coming years.

Frequently Asked Question:

The market for Telecom API is expected to reach USD$ 59.44 Bn in 2023.

The Telecom API Market is expected to see significant CAGR growth over the coming years, at 20.2%.

The report is forecasted from 2016 -2023

The base year of this report is 2015.

AT&T, Inc., Alcatel-Lucent, Apigee Corporation, Orange SA, Twilio, Inc.are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jul 2016
Category:  IT & Telecom
Report ID:   57992
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
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