Telecom API Platform Market - Global Industry Analysis, Size, Share, Growth, Tre

1. Create your website with WordPress.com Get started Technology Trends Zone TMR Future For Everyone Blog Contact About Telecom API Platform Market is expected to reach a value of US$5.23 bn by 2022 Application programming interface (API) acts as middleware software that aids to interface between applications and resources in the device. Telecom API enables its operator to set up its own API platform. Further, API helps in representation of its service to wide external developers. Telecom API platform plays crucial role in enhancing services of operators in regards with their telecom infrastructure in commercial business. Widening of mobile application range is likely to create space for telecom APIs in coming years. This, in turn, will bring impetus in the telecom API platform market. Moreover, rising demand for telecom services is key driving force to the telecom API platform market. In addition, e-commerce market is anticipated to propel the market growth. Further, growing demand for IoT and cloud computing based services is rising trend. The trend is likely to propel the market. Meanwhile, rising competition among key companies for monetization of telecom operating services, machine to machine devices, growing use of 4G/5G internet, and for improvement of user experience is fueling expansion of API platform market. Request for a sample: https://www.transparencymarketresearch.com/sample/sample.php??ag=S&rep_id=8656 On the other hand, government’s regulations and legal policies related to telecommunication industry are acting as restraining factors. These factors may interfere with growth of the market. Also, dearth of awareness about telecom API platform in small and medium operators may limit expansion of the market in forthcoming years. Global Telecom API Platform Market – Snapshot  As the adoption of smartphones is increasing rapidly, the need for smart mobile applications and data management applications is also rising. Companies operating in the global telecom API market are collaborating with API service providers to increase their reach in the global market. The proliferation of cloud technologies and mobile internet is expected to drive the adoption telecom API by telecom carriers. Telecom APIs enhance the quality of service and help developers to increase their cost savings. The increasing access to 4G LTE network globally is also likely to drive the adoption of telecom. Telecom API service providers can gain lucrative opportunities from the expanding market of machine-to-machine devices. However, the negative outlook of telecom carriers towards the adoption of open telecom API is likely to restrain the growth of the global telecom API platform market. As a result of all these factors, the global telecom API platform market is anticipated to expand at a CAGR of 23.6% between 2014 and 2022. The market was valued at US$73.49 bn in 2015 and is expected to touch a valuation of US$323.44 bn by 2022. North America to Emerge as Key Region Owing to Growing Smartphone User Base North America is on the leading edge when it comes to the adoption of 4G LTE networks by telecom carriers. The allocation of digital dividend spectrum in 2008 enabled telecom carriers towards early adoption of 4G LTE. The expanding smartphone user base in the region along with better implementation of mobile internet is the major reason behind the increasing acceptance of telecom API services. The mounting adoption of machine-to-machine mobile applications in the U.S. and Canada is likely to help North America maintain a lead in the global telecom API platform market in the coming years. North America is expected touch a valuation of US$113.53 bn by 2022. Asia Paci?c is expected to rise as the second largest region in terms of revenue owing to increasing adoption of new technologies in the region. The increasing disposable income of consumers is likely to boost the adoption of smart devices leading to a rise in the growth of the telecom API market in the region. According to a study, the adoption rate of smartphones was highest in South Korea, thus leading to a growth in the telecom API platform market in the country. As a result of these factors, Asia Paci?c is anticipated to witness steady growth in the adoption of telecom API in the coming years.   Ask for brochure: https://www.transparencymarketresearch.com/sample/sample.php? ?ag=B&rep_id=8656 Long Tail Developer End-Use Segment to Experience Rapid Growth Independent application developers, also known as long tail developers are the potential end-users for telecom API platforms. These long tail developers create new mobile applications based on open API platforms. Thus, in order to expand their customer base, telecom carriers such as Vodafone, Inc. and AT&T, Inc. are opening API platforms to these developers. For, instance Google Android API platform developed an extensive developer base which led to the global expansion of its Android platform. The long tail developer end-use segment is projected to rise at a CAGR of 25.9% from 2015 to 2020. Enterprise developers are likely to emerge as the second fastest growing end-use segment owing to the use of telecom APIs by enterprises for customer relations, vendor management, and marketing. Enterprise developers work for speci?c enterprises and create customized applications. The use of A2P messaging is anticipated to increase among enterprise developers in the coming years. As a result of this, the application of telecom APIs is likely to increase in this segment. The leading companies operating in the global telecom API platform market are Aepona Ltd., Hewlett-Packard Development Co., Huawei Technologies Co. Ltd., Apigee Corp., LM Ericsson, Tropo, Inc., Oracle Corp., Alcatel-Lucent S.A., Axway Software S.A., and ZTE Soft Technology Co., Ltd. Read Our Latest Press Release: https://www.prnewswire.com/news-releases/increased-government-support-and- extensive-spending-on-the-defense-sector-by-many-regions-will-serve-as-vital-growth- boosters-for-the-shooting-ranges-market-says-tmr-301282139.html Share this:   Twitter Facebook Like Be the first to like this. Related Enterprise Media Gateway Market 2021 Size, Demand Forecasts, Company Pro?les, Industry Trends And Updates Media gateway enables translation of media streams in the form of digital data telecommunications. This, in turn, supports audio, video, fax, and other similar services between May 11, 2021 WebRTC Market 2021 : Worldwide Industry Analysis and New Market Opportunities Explored March 31, 2021 Telecom Order Management Market 2021 : Drivers And Industry Key Events March 23, 2021 technologytrendszone May 18, 2021 Uncategorized Previous Post Aerostat Systems Market is expected to reach US$ 10.11 Bn by 2022 Next Post Interactive Whiteboard Market Evaluation, Emerging Growth, Competition Tracking, Opportunities Leave a Reply Enter your comment here... Enter your comment here... Technology Trends Zone TMR, Create a free website or blog at WordPress.com. Privacy & Cookies We, WordPress.com, and our advertising partners store and/or access information on your device and also process personal data, like unique identifiers, browsing activity, and other standard information sent by your device including your IP address. This information is collected over time and used for personalised ads, ad measurement, audience insights, and product development specific to our ads program. If this sounds good to you, select "I Agree!" below. Otherwise, you can get more information, customize your consent preferences, or decline consent by selecting "Learn More". Note that your preferences apply to all websites in the WordPress.com network, and if you change your mind in the future you can update your preferences anytime by visiting the Privacy link displayed under each ad. One last thing, our partners may process some of your data based on legitimate interests instead of consent but you can object to that by choosing "Learn More" and then disabling the Legitimate Interests toggle under any listed Purpose or Partner. View Partners Learn More I Agree!