Summary - A new market study, titled “Global Telecom API Market Growth (Status and Outlook) 2020-2025” has been featured on WiseGuy Reports.
According to this study, over the next five years the Telecom API market will register a 20.6%% CAGR in terms of revenue, the global market size will reach $ 32890 million by 2025, from $ 15530 million in 2019. In particular, this report presents the global revenue market share of key companies in Telecom API business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Telecom API market by product type, application, key manufacturers and key regions and countries.
This study specially analyses the impact of Covid-19 outbreak on the Telecom API, covering the supply chain analysis, impact assessment to the Telecom API market size growth rate in several scenarios, and the measures to be undertaken by Telecom API companies in response to the COVID-19 epidemic.
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7.
SMS, MMS, and RCS API
WebRTC API
Payment API
Maps & Location API
Identity Management API
Voice API
Other
The proportion of map and location API segment is about 23%, and the proportion of paymeng is about 20%.
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8.
Enterprise
Government
Other
The enterprise and goverment hold an important share in terms of applications, and accounts for 55% of the market share.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Verizon
Orange
AT&T
Deutsche Telekom AG
Softbank
China Mobile
Vodafone
China Telecom
America Movil
Telefonica
LG Uplus
AU By KDDI
SK Telecom
NTT DOCOMO
Bharti Airtel Limited
China Unicom
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Telecom API market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Telecom API market by identifying its various subsegments.
Focuses on the key global Telecom API players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Telecom API with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Telecom API submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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API plays major role in telecom industry and in the last few years, there has been rapid development in the field of communication and the way people connect with each other.
Telecom APIs are majorly used for providing crucial services to their users such as messaging, location and payments.
Apart from this, telecom API also helps the network providers to determining the location, SCM and SDM.
The market is expected to witness rapid demand in the coming years due to the proliferation of 4G technology and development in the field of 5G technology.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2349 Competitive Outlook: Renowned companies competing in the market for telecom API are LocationSmart (US), Nokia Corporation (Finland), Vodafone Group PLC (UK), Fortumo (Estonia), Orange S.A. (France), Verizon Communications Inc. (US), Google (US), Telefónica S.A. (Spain), AT Inc. (US), Vonage (US), and others.
Aspect Software Inc. (US) and Cisco Systems (US) are some of the other vendors in telecom API industry.
Telecom API Market Research Report, By Type (Presence Detection, Location Determination Data, and Others), Service (SMS, Payment API, Location API, and Others), and End-User (Enterprise, Internal Telecom Developer, and Others)—Global Forecast till 2023Market SummaryMarket Research Future (MRFR) projects the global telecom API market 2020 to advance to a size of USD 368.25 Billion by 2023.
The market study also reveals that the market progression can be at a rate of 17.33% from 2018 to 2023 (which is the evaluation period).Get a Free Details @ https://www.marketresearchfuture.com/sample_request/2349Growth Inducers and Key DeterrentsIncreasing deployment of M2M devices and the rising focus on elevating telecom API user experience are touted to be some of the top growth inducers in the market.
The vast range of APIs provided by operators leads to a significant sequence of innovation, since startups have the scope to integrate numerous APIs to develop new and advanced services.With the increasing use of smartphones and the subsequent surge in the demand for internet services, the requirement for revenue generating alternatives among telecom operators has also risen.
Providing services like messaging and identity management API can be a notable trend in the global market during the given timeline.
Another trend gathering momentum in the telecom API market is the emerging application of WebRTC.
Observing its mounting popularity, more and more telecom API vendors are focusing on offering WebRTC API to the interested telecom operators.Some of the main boosters in the Telecom API industry are the rising adoption of next-generation technologies combined with the surging use of mobile internet for every day operations.
Telecom APIs allow carriers to pass valuable data to third parties, which they monetize on an asymmetric basis as typically mobile network operators do not provide services to end-users.
The global telecom API market is segmented on the basis of types of API, user type, and region.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257220042On the basis of API, the market is broadly segmented into Short Message Service (SMS), Multimedia Messaging Service (MMS), & Rich Communication Services (RCS) API; Interactive Voice Response (IVR)/ voice store & voice control API; payment API; Web Real-Time Communication (WebRTC) API; ID/ Single Sign-On (SSO) & subscriber API; location API; and Machine-to-Machine (M2M) & Internet of Things (IoT) API.MarketsandMarkets forecasts the global telecom API market 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 and monetization of telecom operator services are some of major driving factors of the market.The key players in the telecom API market include Vodafone Group PLC (London, U.K.), Twilio, Inc. (California, U.S.), Alcatel-Lucent (Boulogne-Billancourt, France), AT, Inc. (Texas, U.S.) Telefonica (Madrid, Spain), Apigee Corporation (California, U.S.), Orange S.A. (Paris, France), Verizon Communications, Inc. (New York, U.S.), Xura, Inc. (Massachusetts, U.S.), Nexmo, Inc. (California, U.S.), Fortumo (Tartu, Estonia), LocationSmart (California, U.S.), Tropo, Inc. (California, U.S.), and Aspect Software (Massachusetts, U.S.).
In terms of organic strategy, Twilio has been investing more than 24% of its revenue in Research and Development (R) for the past 3 years.
In 2015, it invested 25.5% of its annual revenue in R, whereas in 2016, it invested 28.1%.
This clearly describes that the company is focused on improving its current offerings to firmly hold its position in the highly competitive market.AT is one of the leading providers of telecommunication services in the world.
The latest Telecom API Market designed from various sources which also include porter’s five forces analysis research techniques to explore the new opening of the marketplace for the period of 2021-2027.
And most significantly , the info on the present business scenario also will help players to know the stakeholder strategies and find out the new opportunities which can help them to achieve their way.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the telecom API market include Alcatel-Lucent S.A., Apigee Corporation, Aspect Software, AT, Inc., Fortumo, Locationsmart, Nexmo, Inc., Orange S.A., Telefonica S.A., Tropo, Inc., Twillo, Inc., Verizon Communications, Inc. and Vodafone Group PLC.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Telecom API Market Research Report" by requesting FREE Sample Copy at:https://www.valuemarketresearch.com/contact/telecom-api-market/download-sampleMarket DynamicsRising adoption of IoT and increasing acceptance of online entertainment and mobile applications is the key driver driving the market growth.
Shifting consumer preference towards 4G LTE network coupled with rising acceptance of machine-to-machine communication is likely to foster the market demand in following years.
Ongoing development in IT sector is again boosting the market growth.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
