Press release
Telecom Network API Market will cross US$ 184.0 Billion by 2021 - by Market Research Engine
Telecom Network API Market
Over the past few years communication service providers offered different content services to its customers. But, due to the emergence of application developers such as apple, Google, Amazon and more the communication service providers are losing the support of its customers. These application developers took advantage of APIs to offer various content services to its customers. API comprises of tools and procedures required to develop software and applications. API acts as an interconnection enabling the companies to deliver services through telecommunication providers.
"Global Telecom Network API Market" is envisioned to grow at CAGR of more than 23% and it is expected to cross US$ 184.0 Billion by 2021.
Browse Full Report: https://www.marketresearchengine.com/reportdetails/telecom-network-api-market
As a result, the communication service providers are adopting Network APIs to retain its current customers and gain new customers. The flexibility of API permits Communications Service Provider (CSP) to offer customized experiences enabling to explore growth opportunities. The Network APIs enables the CSPs to integrate the services such as Messaging, Payment, Location Based Services (LBS), Telephony, Web Real-Time Communications (WebRTC), Subscriber Data Management (SDM), Internet-of-Things (IoT) and Machine-to-Machine (M2M), Interactive Voice Response (IVR), Content Delivery, Unified Communication, Unstructured Supplementary Service Data (USSD), and others into programs and mobile applications. The CSP offer these services based on two business models. In the first model the application developer pays for the application or services and API usage. In the second business model the CSPs offer free API to application developers and the user accessing the applications through API pays to CSPs and developer receives the revenue share from the telecom operators.
The use of Network APIs provides enormous opportunities to communication services providers to extend its products and services, increase operational efficiency, explore new business models, improve partner opportunities, decrease the business friction, maximize business development, and speed up internal projects. The other advantages which CSPs have over application developers include providing universal connectivity in the form of voice and messaging, global billing mechanism, and security.
The Telecom Network API market is driven by factors including need of new revenue streams to overplay competition, monetization and evolution of new network business models, and powering mobile app revolution.
The major restraining factors for telecom API market comprises of security risks, scalability issues, and load capacity.
The Telecom Network API market is segmented as below:
By Types:
• Telephony
• WebRTC
• Payment
• M2M
• Messaging
By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: https://www.marketresearchengine.com/
Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States
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 Network API Market will cross US$ 184.0 Billion by 2021 - by Market Research Engine here
News-ID: 353318 • Views: …
More Releases from Market Research Engine
Automotive Lubricants Market 2020 Growth Opportunities, Revenue, Industry Analys …
New York, January 24, 2020: The automotive lubricants market is expected to exceed more than 598 million Gallons by 2024; Growing at a CAGR of more than 8% in the given forecast period.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BP plc, Chevron Corporation, ExxonMobil Corporation, ConocoPhillips Corporation, Fuchs…
Contrast Media Injectors Market is expected to grow more than US$ 1.77 Billion B …
Market Research Engine has recently revealed their new study on how the market of contrast media injectors is blooming because of high demand for imaging products like MRI scans and CT scans. The report focuses mainly on the Global market for contrast media injectors, driving factors that lead to higher market share and restraining factors that restrain the growth. The report is titled - Contrast Media Injectors Market By Product…
Drug Delivery Technology Market will Grow at a CAGR of 7.5% Globally by 2021
The drug delivery technology market is segmented on the lines of its route of administration, end user and regional. Based on route of administration segmentation it covers pulmonary drug delivery,ocular drug delivery,topical drug delivery,transmucosal drug delivery, oral drug delivery, injectable drug delivery,nasal drug delivery andimplantable drug delivery. Pulmonary drug delivery is further segmented into nebulizers, dry powder inhaler and metered dose inhaler. Ocular drug delivery segmentation contains ocular devices, semi…
More Releases for API
API Testing Market (API Testing Software/Tools and API Testing Services), Global …
Application Programming interface (API) is the center of development, transferring data and logic across systems and applications. API is the connecting tissue between different systems or layers of an application. It enables communication and data exchange between two separate software systems. It contains a set of routines, protocols, and tools for building software applications APIs also specify how one software program should interact with other software programs.
API testing tools…
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…
Small Molecule API Market Growth Drivers 2018 | by Types Synthetic/Chemical API, …
Complete Study of Small Molecule API Market Research Report is added on MarketResearchFuture.com with Latest Advancement. Detail analysis on possible segments and sub segments of the Small Molecule API Market. Along with this regional analysis of the market which includes North America, Europe, Asia Pacific and Middle East and Africa.
Global Small Molecule API Market – Overview
Development in the small molecule API can be attributed due to the growth observed in…
Parasoft Revolutionizes API Testing with New SOAtest Smart API Test Generator
Parasoft, the global leader in automated software testing, announced today the release of the Parasoft SOAtest Smart API Test Generator. This innovative technology uses artificial intelligence to convert manual UI tests into automated API tests, lowering the technical skills required to adopt API testing. By leaning on smart technology to perform the heavy lifting, it’s easier for organizations build and scale a comprehensive API testing strategy, which until now has…
Open API Market - Cloud Computing Platforms Improve Scope of Telecom API Usage
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.
Obtain Report Details @ https://www.transparencymarketresearch.com/telecom-api-market.html
According…
