Market Research Report
Telecom API Market by Type of API (SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery, Location, ID/SSO & Subscriber), User Type (Enterprise, Partner, Internal, Long Tail), and Region - Global Forecast to 2021
|Published by||MarketsandMarkets||Product code||473312|
|Published||Content info||127 Pages
Delivery time: 1-2 business days
|Telecom API Market by Type of API (SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery, Location, ID/SSO & Subscriber), User Type (Enterprise, Partner, Internal, Long Tail), and Region - Global Forecast to 2021|
|Published: March 13, 2017||Content info: 127 Pages||
The telecom Application Programming Interface (API) market size is estimated to grow from USD 93.69 billion in 2016 to USD 231.86 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.87%. Improving telecom API user experience, monetization of telecom operator services, rising demand for advanced telecom services over the internet, increasing adoption of M2M devices among end-users are some of the driving factors of the telecom API market. However, commercial gap in carrier product offerings and government policies and regulations pertaining to the telecommunications industry are some of the restraining factors that may hamper business critical functions in the telecom API market.
Location API is the fastest growing market that helps in driving the telecom API market during the forecast period. The booming interest in location-based services spanning the verticals is driving the growth of this segment.
The enterprise developer user segment is expected to have the largest market share during the forecast period, because of rising demand for advanced telecom services over the internet. Besides enterprise developer, the partner developer user is expected to have the second largest market share in the telecom API market during the forecast period.
With rising demand for advanced Internet of Things (IoT) in the Asia-Pacific (APAC) region, APAC is expected to grow at the fastest CAGR in the telecom API market during the forecast period. North America is expected to hold the largest market share in the telecom API market during the forecast period. This is because of increase in use of smartphones and mobile applications.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of profiles of primary participants is given below:
The various key vendors profiled in the report are as follows:
The telecom API market has been segmented based on types of APIs, user types, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overview, products & services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and competitive landscape associated with the telecom API market.
The report will help the market leaders/new entrants in this market in the following ways:
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.