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Telecom API Market Shoots Up to USD 258 Billion By 2022 at 18% of CAGR: Asserts MRFR PowerPoint Presentation
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Telecom API Market, By Type (Presence detection data, Location determination data, SCM, SDM), By Service (SMS, MMS, and RCS API, Payment API, Location API, Identity Management, WebRTC), By User (Enterprise, Internal Telecom, Partner, Long Tail Developer) - Forecast 2022

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telecom api market research report forecast

Telecom API Market Research

Report:

Forecast to 2022

Telecom API Market Research Report: Forecast to 2022

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Telecom API Market Research Report: Forecast to 2022

VIEW REPORTS

SAMPLE REPORTS

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Telecom API Market Research Report: Forecast to 2022

Summary

The telecommunication industry is growing continuously due to rapid innovations and IT

modernizations. An API (Application Programming Interface) is a set of programming instructions and

programming standards for accessing a web-based software application. The telecom API is an

application programming interface which plays a major role for developing any big software. The

telecom APIs are developed to add telecom related features in different cloud applications or web

applications. Telecom API is used to improve the customer experience and market the mobile

applications among end-users. There are many telecom API’s that are used for messaging, location, and

payments.

The rapid penetration of cloud-based technologies and increasing use of mobile data are the two

major key drivers for the Telecom API Market. Benefits of telecom API can be listed as, they provide

extra functionality to the existing system, and they enhance the performance of existing solutions

and others. Apart from it lesser time to market and costs savings are major advantages of telecom

API which are responsible for the growth of market.

There are three different types of telecom APIs as Presence detection data, Location determination

data, Service Configuration Management (SCM), and Subscriber Data Management (SDM). The

Service Configuration Management (SCM) represents the tools which allow the service provider or

the customer to alter the service parameters. Subscriber Data Management (SDM) is simply

concerned about the data that resides with a service provider. The telecom APIs are used in various

services as SMS, payments, webRTC, identity management and others.

The global Telecom API market is expected to grow at USD ~258 Billion by 2022, at ~18% of CAGR

between 2016 and 2022.

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Telecom API Market Research Report: Forecast to 2022

Market Highlights

In this fast-growing environment, companies increasing investments in R&D and innovation. In

Telecom API market innovation is a key driver. In this changing environment with the rising

popularity of smartphones and different mobile applications the telecom API market is

growing significantly. The study reveals that increasing adoption of IoT and IT modernization

are the driving factors of telecom API market. The sudden infiltration of cloud-based

technologies and accumulative use of mobile data are responsible for the growth of telecom

API market.

Telecom API is used to improve the customer experience and market the mobile applications

among end-users which is the need of this changing environment. Increasing adoption of IoT

and IT modernization are the driving factors for the telecom API market. High competition and

need to provide high-quality service at low cost are responsible for the incline of industries

towards telecom API. Leading companies in telecom API market like AT&T, Orange and Colt

are working over developing new SDN-based business API standards.

The Telecom API Market is growing rapidly over 18% of CAGR and is expected to reach at USD

~258 billion by the end of forecast period.

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Telecom API Market Research Report: Forecast to 2022

Major Key Players:

Telefonica (Spain),

AT&T, Inc. (U.S.),

Vodafone Group PLC (U.K.),

Alcatel-Lucent (France),

Apigee Corporation (U.S.),

Orange S.A. (France),

Verizon Communications,

Inc. (U.S.), Nexmo, Inc. (U.S.),

Fortumo (Estonia),

LocationSmart (U.S.),

Aspect Software (U.S.)

.

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Telecom API Market Research Report: Forecast to 2022

Segments:

Telecom API Market by Type:

Presence Detection Data

Location Determination Data

Service Configuration Management (SCM)

Subscriber Data Management (SDM)

Telecom API Market by Service:

SMS, MMS, and RCS API

Payment API

Location API

Identity Management

WebRTC

Others

Telecom API Market by User type:

Enterprise Developer

Internal Telecom Developer

Partner Developer

Long Tail Developer

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Telecom API Market Research Report: Forecast to 2022

Regional Analysis:

The regional analysis of Telecom API market is being studied for region such as Asia pacific,

Americas, Europe and Rest of the World. Rising popularity of smartphones, tablets and others has

driven the market of Telecom API in North America. North America dominates the telecom API

market followed by Asia-Pacific region. The increasing trend of smartphones is majorly observed

in Asia-Pacific region and the countries like China, Japan, Korea and India are advancing in their

technologies rapidly. The Telecom API market is expected to grow steadily in Europe and Latin

America regions over the forecast period.

Study Objectives of Quantum Computing Market:

To provide detailed analysis of the market structure along with forecast of the various

segments and sub-segments of the Telecom API market.

To provide insights about factors affecting the market growth.

To analyze the Telecom API market based porter’s five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with

respect to four main geographies and their countries- North America, Europe, Asia, and Rest

of the World (ROW).

To provide country level analysis of the market with respect to the current market size and

future prospective.

To provide country level analysis of the market for segment on the basis of type, service and

user type.

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Telecom API Market Research Report: Forecast to 2022

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