GLOBAL TELECOM API MARKET 2022-2028

ICT | Telecom and Internet

GLOBAL TELECOM API MARKET 2022-2028

Market by Deployment Mode, Service, End-user, and Regional Outlook | Forecast 2022-2028

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Telecommunications, also known as telecom, is the exchange of information over significant distances by electronic means and refers to all types of voice, data, and video transmission. Wired phones, mobile devices, such as cellphones, microwave communications, fiber optics, satellites, radio and television broadcasts, the internet, and telegraphs are examples of telecommunications.

Telecom API (application programming interface) is a computing interface that specifies how a group of software intermediaries interact. The API is a set of standard software functions that can be used by any program. It serves as a link between the device’s resources and the application. APIs allow developers to create services and apps independent of the device they are running on. Telecom API aids in the development of user-friendly applications for many devices that run on a specific network. MMS, SMS, voice, location, and payment APIs are provided by a telecom provider, allowing developers to integrate the relevant APIs into their apps. By handling the growing number of users in a network, telecom API helps improve an application’s flexibility and scalability.

Based on Triton’s report, the Global Telecom API market was valued at $207.61 billion in 2021 and is expected to reach $615.99 billion by 2028, growing at a CAGR of 16.42% during the forecast period 2022-2028. 

 


Click here to check out our blog on the Global Telecom API market

MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND TRENDS

Rapid innovation in technology and an increase in cloud-based technology adoption are key drivers fueling the telecom API market. The surged adoption of cloud-based technology and services across the telecom sector is one of the major factors which is expected to contribute towards the growth of the market during the forecast period. There has been a rapid shift towards the adoption of cloud (such as cloud APIs) by the telecommunication sector. Besides, the demand for cloud communication platforms is growing among the telecommunication operators due to telecom APIs offering SMS, video, voice, and chat.

Whereas, the proliferation of over the top internet service providers, security concerns due to rising API vulnerabilities, and stringent government policies & regulations are the main challenges affecting the studied market’s growth. The telecommunications industry faces several strict government regulations in different countries, due to which the adoption of new technologies and any alterations are subject to time-consuming regulatory approval.

Furthermore, expanding access to the 4G LTE (Long Term Evolution) network is predicted to improve the worldwide telecom API market’s growth. 4G LTE networks are the next generation of 3G networks, also known as the universal mobile telecommunications system (UMTS). According to the Global Mobile Suppliers’ Associations, LTE is a global success, with 6.6 billion subscriptions connecting two-thirds of mobile consumers globally (GSA - January 2022 report).

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KEY GEOGRAPHIES COVERED:

•         North America: United States and Canada

•         Europe: United Kingdom, France, Germany, Spain, Italy, and Rest of Europe

•         Asia-Pacific: China, Japan, India, Australia, New Zealand, South Korea, ASEAN Countries, and Rest of Asia-Pacific

•         Latin America: Brazil, Mexico, and Rest of Latin America

•         Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle East & Africa

 

SEGMENTATION ANALYSIS – TELECOM API MARKET:

•         By Deployment Mode:

           o        Hybrid

           o        Multi-Cloud

           o        Other Deployment Modes

Multi-Cloud is estimated to progress with the highest CAGR during the forecast period. Multi-cloud computing is a cloud computing architecture in which an organization uses a mix of clouds, which could be two or more private clouds, two or more public clouds, or a mix of both private and public clouds. Its use in the telecom business enables on-demand services such as networking, software, databases, computing, storage, and other resources to be accessed over the internet without the need for the user to manage them.

•         By Service:

           o        Messaging API

           o        IVR/ Voice Store & Voice Control API

           o        WebRTC API

           o        Payment API

           o        Location & Map API

            o       Subscriber Identity Management & SSO API

            o       Other Services

•         By End-user:

           o        Partner Developer

           o        Enterprise Developer

           o        Long Tail Developer

           o        Internal Telecom Developer

Partner developer lead the market in terms of revenue. The development of data-sharing interfaces between telecom operators and other developers to produce services such as payment and streaming services is aided by the use of partner application programming interfaces. Developers can use such services as a foundation and rely on telecom companies to manage specific business functions and infrastructure.

 

COMPETITIVE LANDSCAPE:

The telecom API market by company profile helps dive into data about the key players in this industry. The strategic initiatives for each of the companies considered have been covered in detail.

Acquisition (December 2021): BICS Group and 3M Networks

BICS Group acquired 3M Digital Networks (a communications platform as a service (CPaaS) expert). BICS’s portfolio of cloud-native communications solutions, including AI-enabled telephony, multi-channel messaging, and sophisticated analytics services, expanded with this acquisition.

Product Launch (June 2020): Twilio Inc

Twilio Inc released messaging insights, a feature that gives real-time insights within the Twilio Console. Customers can track message delivery and engagement, fix issues, and optimize performance across channels with no additional expense or code. The software will be released with four reports to provide a high-level overview, troubleshoot delivery and mistakes, assess answers, and optimize OTP traffic and conversions across all messaging channels, including SMS, MMS, and WhatsApp.

 

Key Benefits of the Report:

    Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.

 

      Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.

 

  The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.

 

       The scope of the market report comprises the current scenario of the global application security market, along with a detailed overview of the industry outlook, market dynamics, segmentation analysis, regional outlook, and competitive landscape for the period 2022-2028.

 

FAQs:

Q 1) What is Telecom API?

Telecom API (application programming interface) is a computing interface that specifies how a group of software intermediaries interact.

Q 2) Which is the fastest-growing segment in the telecom API market?

The multi-cloud is the fastest-growing segment in the telecom API market. 

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Table of Content

1. GLOBAL TELECOM API MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE TELECOM API MARKET

2.2. KEY INSIGHTS

2.2.1. GROWING TELECOM MARKET IN ASIA-PACIFIC

2.2.2. INCREASED DEMAND FOR MICROSERVICES

2.2.3. INCREASING ACCESS TO 4G LTE NETWORK

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. SPEED

2.4.2. COST

2.4.3. SERVICE

2.4.4. QUALITY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.7.1. DISCOVERY

2.7.2. DEVELOPMENT

2.7.3. DEPLOYMENT

2.7.4. REGISTRATION

2.7.5. EXPERIENCE

2.8. REGULATORY FRAMEWORK

2.9. KEY MARKET STRATEGIES

2.9.1. ACQUISITIONS

2.9.2. PRODUCT LAUNCHES

2.9.3. PARTNERSHIPS

2.9.4. BUSINESS EXPANSIONS

2.10. MARKET DRIVERS

2.10.1. RAPID INNOVATIONS IN TECHNOLOGY

2.10.2. INCREASE IN CLOUD-BASED TECHNOLOGY ADOPTION

2.11. MARKET CHALLENGES

2.11.1. PROLIFERATION OF OVER THE TOP INTERNET SERVICE PROVIDERS

2.11.2. SECURITY CONCERNS DUE TO RISING API VULNERABILITIES

2.11.3. STRINGENT GOVERNMENT POLICIES AND REGULATIONS

2.12. MARKET OPPORTUNITIES

2.12.1. GROWING IT MARKET IN ASIA-PACIFIC

2.12.2. TECHNOLOGICAL ADVANCEMENTS AND NEW PRODUCT LAUNCHES

2.12.3. SHIFT TOWARDS DIGITAL TECHNOLOGIES

3. GLOBAL TELECOM API MARKET OUTLOOK - BY DEPLOYMENT MODE

3.1. HYBRID

3.2. MULTI-CLOUD

3.3. OTHER DEPLOYMENT MODES

4. GLOBAL TELECOM API MARKET OUTLOOK - BY SERVICE

4.1. MESSAGING API

4.2. IVR/ VOICE STORE & VOICE CONTROL API

4.3. WEBRTC API

4.4. PAYMENT API

4.5. LOCATION & MAP API

4.6. SUBSCRIBER IDENTITY MANAGEMENT & SSO API

4.7. OTHER SERVICES

5. GLOBAL TELECOM API MARKET OUTLOOK - BY END-USER

5.1. PARTNER DEVELOPER

5.2. ENTERPRISE DEVELOPER

5.3. LONG-TAIL DEVELOPER

5.4. INTERNAL TELECOM DEVELOPER

6. GLOBAL TELECOM API MARKET – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY DEPLOYMENT MODE

6.1.2. MARKET BY SERVICE

6.1.3. MARKET BY END-USER

6.1.4. COUNTRY ANALYSIS

6.1.4.1. UNITED STATES

6.1.4.2. CANADA

6.2. EUROPE

6.2.1. MARKET BY DEPLOYMENT MODE

6.2.2. MARKET BY SERVICE

6.2.3. MARKET BY END-USER

6.2.4. COUNTRY ANALYSIS

6.2.4.1. UNITED KINGDOM

6.2.4.2. GERMANY

6.2.4.3. FRANCE

6.2.4.4. SPAIN

6.2.4.5. ITALY

6.2.4.6. REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1. MARKET BY DEPLOYMENT MODE

6.3.2. MARKET BY SERVICE

6.3.3. MARKET BY END-USER

6.3.4. COUNTRY ANALYSIS

6.3.4.1. CHINA

6.3.4.2. JAPAN

6.3.4.3. INDIA

6.3.4.4. SOUTH KOREA

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND

6.3.4.7. REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1. MARKET BY DEPLOYMENT MODE

6.4.2. MARKET BY SERVICE

6.4.3. MARKET BY END-USER

6.4.4. COUNTRY ANALYSIS

6.4.4.1. BRAZIL

6.4.4.2. MEXICO

6.4.4.3. REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA

6.5.1. MARKET BY DEPLOYMENT MODE

6.5.2. MARKET BY SERVICE

6.5.3. MARKET BY END-USER

6.5.4. COUNTRY ANALYSIS

6.5.4.1. UNITED ARAB EMIRATES

6.5.4.2. SAUDI ARABIA

6.5.4.3. TURKEY

6.5.4.4. SOUTH AFRICA

6.5.4.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. AT AND T INC

7.2. TWILIO INC

7.3. ORANGE SA

7.4. VERIZON COMMUNICATIONS INC

7.5. VODAFONE GROUP PLC

7.6. NEXMO INC

7.7. GOOGLE LLC

7.8. NOKIA CORP

7.9. ALCATEL LUCENT ENTERPRISE

7.10. TELEFONICA SA

7.11. FORTUMO OU

7.12. CISCO SYSTEMS INC

7.13. HUAWEI TECHNOLOGIES CO LTD

7.14. LOCATIONSMART

7.15. BHARTI AIRTEL LTD

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL TELECOM API MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF ACQUISITIONS

TABLE 5: LIST OF PRODUCT LAUNCHES

TABLE 6: LIST OF PARTNERSHIPS

TABLE 7: LIST OF BUSINESS EXPANSIONS

TABLE 8: SOME OF THE KEY TECHNOLOGICAL ADVANCEMENTS IN THE TELECOM API INDUSTRY

TABLE 9: GLOBAL TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 10: GLOBAL TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 11: GLOBAL TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 12: GLOBAL TELECOM API MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 15: NORTH AMERICA TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 16: NORTH AMERICA TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 17: EUROPE TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 18: EUROPE TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 19: EUROPE TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 20: EUROPE TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 23: ASIA-PACIFIC TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 24: ASIA-PACIFIC TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 27: LATIN AMERICA TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 28: LATIN AMERICA TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 29: MIDDLE EAST AND AFRICA TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)

TABLE 31: MIDDLE EAST AND AFRICA TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 32: MIDDLE EAST AND AFRICA TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: KEY INDUSTRY COMPONENTS

FIGURE 4: GLOBAL TELECOM API MARKET, DEPLOYMENT MODE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 5: GLOBAL TELECOM API MARKET, BY HYBRID, 2022-2028 (IN $ MILLION)

FIGURE 6: GLOBAL TELECOM API MARKET, BY MULTI-HYBRID, 2022-2028 (IN $ MILLION)

FIGURE 7: GLOBAL TELECOM API MARKET, BY OTHER DEPLOYMENT MODES, 2022-2028 (IN $ MILLION)

FIGURE 8: GLOBAL TELECOM API MARKET, BY SERVICE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 9: GLOBAL TELECOM API MARKET, BY MESSAGING API, 2022-2028 (IN $ MILLION)

FIGURE 10: GLOBAL TELECOM API MARKET, BY IVR/ VOICE CONTROL & VOICE STORE API, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL TELECOM API MARKET, BY WEBRTC API, 2022-2028 (IN $ MILLION)

FIGURE 12: GLOBAL TELECOM API MARKET, BY PAYMENT API, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL TELECOM API MARKET, BY LOCATION & MAP API, 2022-2028 (IN $ MILLION)

FIGURE 14: GLOBAL TELECOM API MARKET, BY SUBSCRIBER IDENTITY MANAGEMENT & SSO API, 2022-2028 (IN $ MILLION)

FIGURE 15: GLOBAL TELECOM API MARKET, BY OTHER SERVICES, 2022-2028 (IN $ MILLION)

FIGURE 16: GLOBAL TELECOM API MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)

FIGURE 17: GLOBAL TELECOM API MARKET, BY PARTNER DEVELOPER, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL TELECOM API MARKET, BY ENTERPRISE DEVELOPER, 2022-2028 (IN $ MILLION)

FIGURE 19: GLOBAL TELECOM API MARKET, BY LONG-TAIL DEVELOPER, 2022-2028 (IN $ MILLION)

FIGURE 20: GLOBAL TELECOM API MARKET, BY INTERNAL TELECOM DEVELOPER, 2022-2028 (IN $ MILLION)

FIGURE 21: GLOBAL TELECOM API MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: UNITED STATES TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: CANADA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: UNITED KINGDOM TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: GERMANY TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: FRANCE TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: SPAIN TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: ITALY TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: REST OF EUROPE TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: CHINA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: JAPAN TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: INDIA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: SOUTH KOREA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: ASEAN COUNTRIES TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: AUSTRALIA & NEW ZEALAND TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: REST OF ASIA-PACIFIC TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: BRAZIL TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: MEXICO TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: REST OF LATIN AMERICA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: UNITED ARAB EMIRATES TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: SAUDI ARABIA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 42: TURKEY TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 43: SOUTH AFRICA TELECOM API MARKET 2022-2028 (IN $ MILLION)

FIGURE 44: REST OF MIDDLE EAST & AFRICA TELECOM API MARKET 2022-2028 (IN $ MILLION)

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