Telecom API is a set of standard software functions that an application can use to operate the networking architecture. API forms the interface between the application and the resources in a device. Telecom APIs are the medium to access the telecom services and data for multiple communication-enabled applications. Developments in the IT sector create a favorable landscape for the telecom API market during the forecast period.
MARKET DYNAMICS
The telecom API market is anticipated to witness robust growth on account of rising demand for advanced telecom services over the internet, coupled with increasing adoption of M2M devices among users. Also, the monetization of telecom operator services further fuels the growth of the telecom API market. However, the commercial gap in carrier product offerings may hinder the growth of the telecom API market during the forecast period. On the other hand, IoT adoption and start-ups in emerging markets are expected to create lucrative opportunities for the players active in the telecom API market in the coming years.
MARKET SCOPE
The "Global Telecom API Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of telecom API market with detailed market segmentation by service type, user type, and geography. The global telecom API market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading telecom API market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global telecom API market is segmented on the basis of service type and user type. Based on service type, the market is segmented as identity management, maps and location, payment, voice/speech, WebRTC, SMS, MMS and RCS, and others. On the basis of the user type, the market is segmented as internal telecom developer, long tail developer, enterprise developer, and partner developer.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global telecom API market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The telecom API market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting telecom API market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the telecom API market in these regions.
MARKET PLAYERS
The reports cover key developments in the telecom API market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from telecom API market are anticipated to lucrative growth opportunities in the future with the rising demand for telecom API in the global market. Below mentioned is the list of few companies engaged in the telecom API market.
The report also includes the profiles of key telecom API companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Aepona Ltd.
- Apigee Corp
- AT and T Inc.
- Hewlett-Packard Development Co.
- Huawei Technologies Co. Ltd.
- Nexmo, Inc.
- Oracle Corporation
- Orange S.A.
- Twilio, Inc.
- ZTE Soft Technology Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.