Global Telecom Application Programming Interface (API) Market by Type (Identity Management, Maps & Location, Payment, Voice/Speech, SMS, MMS & RCS), By Application (Internal Telecom Developer, Long Tail Developer, Enterprise Developer, Partner Developer, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global telecom application programming interface (API) market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for telecom API services from internal telecom developers, long tail developers, enterprise developers, and partner developers. In addition, the growing demand for cloud-based services and rising adoption of 5G technology are also contributing to the growth of the global telecom API market. Based on type, identity management is expected to be one of the fastest-growing segments in the global telecom API market during 2018–2030. This can be attributed to increasing need for authentication and authorization across different industries such as banking & financial services, retail & ecommerce, healthcare & life sciences etc., which is fueling demand for identity management APIs. In terms of region, North America is expected to hold a dominant position in terms of revenue contribution in 2018 followed by Europe.



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Product Definition:

Telecommunications Application Programming Interface (API) is a set of routines, protocols and tools that allow software developers to create applications that can interact with telecommunications network elements. Telecom API's provide a way for developers to query or control network elements such as switches, routers and gateways. Telecom API's are also used to provision new services and manage customer accounts. The importance of telecom API's lies in the fact that they provide a way for developers to build innovative new applications that can help service providers increase revenue and improve customer satisfaction.

Identity Management:

Identity management is a set of processes and technologies that help to safeguard the privacy and security of an individual while using multiple services over a network. It helps in providing access control, authentication, authorization management for user identification and service provisioning. The key application areas where identity management solutions are used include BFSI (Banking, Financial Services & Insurance), government agencies/sectors, telecom companies along with other sectors such as healthcare & education.

Maps & Location:

The global maps and location market is expected to witness significant growth over the forecast period. The major driver for this market is increasing adoption of location-based services in various industries such as retail, transportation, telecom, hospitality among others. Additionally, growing penetration of smartphones and enhanced communication services has also led to increased usage of maps & location technology by application developers across the globe.

Application Insights:

The internal telecom developer application is expected to be the largest segment over the forecast period. The increasing need for developing efficient applications for managing customer relationships, network management and billing is driving this growth. Internal telecom developers are in high demand as they can directly access to system resources such as databases and hardware through APIs. This makes it easy to integrate different systems together without having knowledge of underlying protocols or technicalities related to communication networks.

The long tail developer application segment is expected register significant growth over the forecast period owing to increased adoption of OTT services by businesses and enterprises that offer innovative new products & services requiring less frequent software updates over the internet than via traditional phone lines or wireless connections at a cheaper cost with improved quality which has led them adopting an OTT service thereby reducing their dependence on legacy systems resulting in reduced IT costs along with improved operational efficiency leading them towards developing an Application Programming Interface (API) thus driving market growth across regions globally.

Regional Analysis:

North America dominated the overall market in 2017. The region is expected to maintain its position through 2030, with the U.S. being at the forefront of growth and innovation across all telecom APIs.

Asia Pacific is anticipated to emerge as one of the most promising regions over the next eight years owing to increasing investments by key industry players such as Google Inc., Apple Inc.

The Middle East & Africa (MEA) market has also witnessed significant traction over recent years on account of growing adoption by developers working on M2M applications, home automation devices.

Growth Factors:

Increasing demand for cloud-based services and applications: The telecom API market is expected to grow at a high rate owing to the increasing demand for cloud-based services and applications. Telecom operators are increasingly offering their APIs to enable third-party developers to create innovative services that can be integrated with operator networks, which is driving the growth of the telecom API market.
Proliferation of connected devices: The number of connected devices is growing rapidly, which is resulting in an increase in data traffic. This is fueling the demand for telecom APIs that can help reduce network congestion and improve performance. In addition, telecom operators are also using APIs to develop new revenue streams by monetizing their subscriber data through partner companies.
Emergence of 5G technology: 5G technology offers several advantages over 4G such as higher bandwidth, lower latency, and increased capacity that will drive its adoption in various industries including telecommunications. This will create opportunities for players in the telecom API market as they look to capitalize on this new technology by developing innovative products and services that can take advantage of its features.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Telecom Application Programming Interface (API) Market Research Report
By Type
Identity Management, Maps & Location, Payment, Voice/Speech, SMS, MMS & RCS
By Application
Internal Telecom Developer, Long Tail Developer, Enterprise Developer, Partner Developer, Others
By Companies
Apigee, Fortumo, AT&T, MuleSoft, Tropo, Orange, Twilio, Aspect Software, Verizon Communications, Telefonica, Nexmo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.

Global Telecom Application Programming Interface (API) Market Report Segments:
The global Telecom Application Programming Interface (API) market is segmented on the basis of:
Types
Identity Management, Maps & Location, Payment, Voice/Speech, SMS, MMS & RCS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Internal Telecom Developer, Long Tail Developer, Enterprise Developer, Partner Developer, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Apigee
Fortumo
AT&T
MuleSoft
Tropo
Orange
Twilio
Aspect Software
Verizon Communications
Telefonica
Nexmo



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Highlights of The Telecom Application Programming Interface (API) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Identity Management
Maps & Location
Payment
Voice/Speech
SMS, MMS & RCS
By Application:
Internal Telecom Developer
Long Tail Developer
Enterprise Developer
Partner Developer
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Telecom Application Programming Interface (API) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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