Telecom API Market Reflecting a CAGR of 22% by 2022

Press Release   •   Jan 15, 2018 06:11 EST

Zion Market Research has published a new report titled “Telecom API Market (SMS, MMS & RCS, Payment, Voice/Speech, Maps & Location, Identity Management, Web-RTC and Others) for Internal Telecom Developer, Enterprise Developer and Partner Developer: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, global telecom API market was valued at approximately USD 66.37 billion in 2016 and is expected to reach approximately USD 218.84 billion by 2022, growing at a CAGR of around 22% between 2017 and 2022.

Telecommunication industry is going through an innovative and interesting phase in its evolution. Telecom industry continues to be at the epicenter of innovation, growth, and disruption for almost any industry. Cellular mobile service providers are at the root of the enormous expansion in the usage and number of subscribers.

Request For Free Sample Report:

An API (application programming interface) is a set of programming instructions & standards for accessing a web-based software application. A software company releases its API to the public so that other software developers can design products that are powered by its service. Increasing use of mobile internet and adoption of new technology is driving the demand of global telecom API market. In addition, high competition and need to provide high-quality service at low cost are pushing the industry towards telecom API. Increasing access to 4G LTE network globally will further propel the market growth. However, lack of awareness and technical know-how are some of the challenges affecting the growth of this market.

Telecom APIs continue to present new attractive opportunities for network operators and service providers like Do Not Call Registry compliance & unwanted Call blocking services. Technology development and adoption of the trend is driving the long-term future growth of Telecom APIs.

Request Report TOC (Table of Contents):

API market is segmented on the basis of services, users, and regions. The enterprise developer user segment dominated the market and it has accounted 32% share of the total market in 2015. This is due to high revenue generation offered by enterprise developers while integrating telecom API into the specific functioning of telecom firms. Long tail developers are also anticipated to experience robust growth during the upcoming period.

Service segment includes SMS, MMS & RCS, maps & location, voice/speech, identity management, web-RTC and others. The voice/speech segment dominated the market with the largest share of the total market in 2016. This is mainly due to the tremendous use of voice API in the mobile application. Payments segment also accounted for significant share due to the increasing demand for payment API from developing regions. SMS, MMS & RCS and web-RTC are expected to exhibit significant growth during the forecast period.

Some of the prominent players operating in the global telecom API market are Tropo Inc., Fortumo OU., Nexmo Inc., Comverse Inc, Twilio Inc., LocationSmart, AT&T Inc., Apigee Corp., Orage, and Alcatel-Lucent and Aepona Ltd.

Browse the full report at:

This report segments global telecom API market as follows:

Global Telecom API Market: Services Segment Analysis

  • SMS, MMS & RCS
  • Voice/Speech
  • Payment
  • Identity Management
  • Maps & Location
  • Web-RTC
  • Others

Global Telecom API Market: User Segment Analysis

  • Enterprise developer
  • Internal Telecom developer
  • Long tail developer
  • Partner developer

Global Telecom API Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Contact Us:

Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.