Press release
Telecom API Market: Business Statistics with Top Companies that are Telefonica S.A., Orange S.A., Fortumo, Vonage and Others
Telecom API Market
Competitive Dashboard:
Telefonica S.A. (Spain), Vodafone Group PLC (UK), AT&T Inc. (US), Nokia Corporation (Finland), Orange S.A. (France), Google (US), Verizon Communications Inc. (US), Fortumo (Estonia), Vonage (US), and LocationSmart (US) are some of the prominent players of the telecom API market. Other players that are likely to gain traction and contribute to market development are Cisco Systems (US) and Aspect Software, Inc. (US).
Get Free Sample at:
https://www.marketresearchfuture.com/sample_request/2349
Market Synopsis:
Application Programming Interface (API) has found multiple applications in the telecommunications industry. Market Research Future (MRFR)'s report suggests that the global telecom API market is poised to mark 17.33% CAGR over the review period 2018 to 2023. It also unravels that the revenues earned by the market are anticipated to surpass USD 200 Bn by the end of the evaluation period. IT services have gained a quick mileage in the telecom industry. Thus, the developments of the IT services are projected to boost the demand for API in the telecom industry. This, in turn, is prognosticated to boost the growth rate of the telecom API market.
Telecom industry leaders are investing in API technologies for the integration of their services. It is prognosticated to develop the market over the next few years. API offers agility and reliability which is anticipated to drive the growth of the market. Some of the telecom service providers are offering streaming services over higher bandwidth to gain quick mileage and accelerate revenue creation. It is supposed to boost the growth rate of the telecom API market and increase API applications. Also, the Over-The-Top (OTT) providers have expanded their offerings in addition to telecom networks. It is forecasted to work in favor of the market in the years to come.
Monetization of services offered by telecom operators is anticipated to fuel the growth rate of the telecom API market in the foreseeable future. The latest developments in the IT services and its quick adoption by the telecom industry has opened new avenues of opportunities for the market players. Digital transformation of the telecom industry is poised to offer optimum efficiency which can be achieved with the help of API. Thus, the market is anticipated to earn considerable revenues over the next couple of years.
Segmental Assessment:
On the basis of type, the telecom API market has been segmented into service configuration management (SCM), location determination data, presence detection data, and subscriber data management (SDM).
On the basis of service, the telecom API market has been segmented into SMS, MMS, and RCS API, payment API, identity management, location API, webRTC, and others.
On the basis of end-user, the telecom API market has been segmented into internal telecom developer, partner developer, enterprise developer, and long tail developer.
Regional Analysis:
The geographical analysis of the global telecom API market is covered in this MRFR report for four main regions, that are - North America, Europe, Asia Pacific, and the Rest of the World (RoW). These regions are also studied on the basis of country-level market for providing a comprehensive view. North America exhibits tremendous potential and is likely to hold a key position in the market place.
The rising adoption of cloud-based services in the region is expected to drive the growth of the telecom API market. In addition, it is also supposed to benefit from the advancements being introduced in cloud technology. Overall, the market is poised to witness substantial growth in the years to come. In the near future, the commercialization of 5G technology is anticipated to boost the telecom API market. The U.S. is projected to invest massively in 5G commercialization, thus, supporting growth of the telecom API market in the region.
Browse More Details on Report at:
https://www.marketresearchfuture.com/reports/telecom-api-market-2349
Contact:
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Telecom API Market: Business Statistics with Top Companies that are Telefonica S.A., Orange S.A., Fortumo, Vonage and Others here
News-ID: 2201975 • Views: …
More Releases from Market Research Future (MRFR)
Tofu Market to Reach USD 2.7 Billion by 2032 at 9.01% CAGR Driven by Rising Plan …
The global tofu market is poised for substantial growth over the next decade, projected to reach an impressive valuation of USD 2.7 billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 9.01% from 2024 to 2032, fueled by a surge in consumer demand for plant-based foods and an evolving global food culture. As more consumers seek healthier and sustainable alternatives to animal-based protein sources, tofu has…
Plant-Based Food Ingredients Market to Hit USD 40.2 Billion by 2035 at 7.96% CAG …
The global plant-based food ingredients market is witnessing remarkable growth, propelled by an increasing shift in consumer preferences toward healthier and more sustainable food options. According to recent market research by Market Research Future, the market was valued at USD 16.03 billion in 2023 and is projected to reach an impressive USD 40.2 billion by 2035. This growth trajectory is expected to continue at a compound annual growth rate (CAGR)…
Semolina Market to Reach USD 2.57 Billion by 2032 at 2.31% CAGR, Driven by Healt …
The global semolina market is poised for steady growth over the coming decade, with its valuation expected to reach USD 2.57 billion by 2032. According to the latest Market Research Future analysis, the market was valued at USD 2.12 billion in 2023 and is projected to expand from USD 2.14 billion in 2024 to USD 2.57 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.31% during the…
Ginger Extract Market to Reach USD 2.18 Billion by 2034 at 5.4% CAGR Driven by D …
The global ginger extract market is poised for substantial growth in the coming decade, with a projected valuation of USD 2.18 billion by 2034. According to the latest analysis from Market Research Future, the market was valued at USD 1.29 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2034. This robust growth trajectory is largely fueled by increasing…
More Releases for API
API Management Market Size, Trends Analysis 2032 by Key Vendors- Google, Cloud A …
USA, New Jersey: According to Verified Market Research analysis, the global API Management Market size was valued at USD 4.37 Billion in 2024 and is projected to reach USD 33.07 Billion by 2032, growing at a CAGR of 28.77% from 2026 to 2032.
What is the current outlook of the API Management Market and its expected growth potential?
The API Management Market is witnessing robust expansion due to the growing need…
Api 607 Vs API 608: A Comprehensive Comparison Guide Of Industrial Valve
Introduction: Why are API standards so important for industrial valves?
In high-risk industries such as oil and gas, chemicals and power, the safety and reliability of valves can directly affect the stability of production systems. The standards set by API (American Petroleum Institute) are the technical bible of industrial valves around the world. Among them, API 607 and API 608 are key specifications frequently cited by engineers and buyers.
This article will…
Vehicle API Market 2023 | Futuristic Technology- CarAPI, Caruso, One Auto API, A …
The Vehicle API market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Vehicle API report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Vehicle API research report also provides insights of different regions that are…
Face Recognition API Market Growth, Business Overview 2023, and Forecast to 2030 …
Facial recognition is a way of recognizing a human face through technology. A facial detection system uses biometrics to map facial features from a photograph or video. It compares information with a database of known faces to find a match. Moreover, the accuracy of facial recognition systems has improved way better in the last decade. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger,…
API Management Market Report 2018: Segmentation by Solution (API Portal, API Gat …
Global API Management market research report provides company profile for Akana, Inc. (U.S.), Apiary, Inc. (U.S.), Axway, Inc. (France), CA Technologies, Inc. (U.S.), Cloud Elements, Inc. (U.S.), Dell Boomi, Inc. (U.S.), DigitalML (U.S.), Fiorano Software, Inc. (U.S.), Google, Inc. (U.S.), Hewlett-Packard Enterprises Co. (U.S.), IBM Corporation (U.S.), Mashape Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical…
Telecom API Market: OTT Service Providers Continue Cutting into Telecom API Prof …
The highly fragmented market of telecom API holds a staggering number of service providers and aggregators that are already offering their APIs to various telecom carriers. Alcatel Lucent, Apigee Corp., and Fortumo OU were the leading providers of telecom API from a global perspective in 2014. Telecom carriers have partnered with them and other prominent players in the past to launch APIs in the market.
According to Transparency Market Research’s latest…
