Market by Deployment Mode, Service, End-user, and Country Outlook | Forecast 2022-2028
Based on Triton’s research report, the telecom API market in North America is estimated to propel with a CAGR of 16.62% during the forecast period 2022-2028.
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The
countries examined in the region consist of:
•
The United States
•
Canada
In North America, the US captures
the largest share in the telecom API market. The market’s growth is mainly
owing to the early adoption of new and advanced technologies like 4G. With the
integration of 4G technology and API, communications services have enhanced
significantly over the past few years. This has ultimately supported businesses
to thrive in the competitive market scenario. Additionally, several market
players are investing heavily in research and development activities to find
new applications for their API products. Therefore, as mentioned above, these
developments are responsible for the robust growth of the telecom application
programming interface market across the region.
Furthermore,
the growing adoption of smartphones and applications has resulted in the large-scale
adoption of API-related technologies. The surge in innovative developments has
benefitted stakeholders in the market. Along with this, companies are taking
collaborative steps to launch new products. These factors are anticipated to
create numerous growth opportunities for the telecom API market players over
the forecast period.
The
rapid adoption of new technologies, established IT and telecom infrastructure,
and the presence of major market giants are key factors supporting the market
development in the US. Moreover, the strategic initiatives by prominent players
have also fueled the deployment rate of application programming interfaces. For
instance, in 2020, Twilio launched Messaging Insights, which provides real-time
analytics in its console. Here, customers can monitor the message delivery,
engagement, and troubleshoot issues. Thus, product launches are anticipated to
widen the scope and growth of the telecom API market across the United States.
An
enterprise API is used to connect enterprise applications and back-end sources.
Here, APIs are critical as businesses adapt to new technologies and
applications. Moreover, it permits users to integrate applications while
leveraging existing technologies, which is necessary to build microservices. The telecom application programming
interface market’s progress is based on end-user, deployment mode, and service.
The end-user segment includes enterprise, partner, long-tail, and internal
telecom developers.
The top companies in the market
include Twilio Inc, Nexmo Inc, Google LLC, Nokia Corp, Orange SA, and Verizon
Communications Inc.
Nexmo
Inc is involved in developing and publishing a cloud-based SMS application
programming interface. It is a part of Vonage, offering an API that enables
users to send and receive a high volume of messages. The company provides
contact centers, unified communications, and APIs built on the cloud
communications platform. Additionally, it specializes in mobile messaging,
voice API, shortcodes, SMS API, and chat API, among others. With operations
across numerous countries, it is headquartered in the United States.
Key deliverables
of the report:
· Market CAGR during the forecasting
years 2022-2028
· Detailed data highlighting key
insights, industry components, and market strategies
· Comprehensive information and
estimation of the telecom API market revenue growth in North America and its
influence on the parent market
· In-depth study of forthcoming trends
in consumer behavioral patterns
· A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter’s Five Forces
· A wide-ranging study of factors that
will challenge the NA telecom API market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. NORTH
AMERICA 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. INCREASE
IN THE DEMAND FOR MICROSERVICES
2.2.2. 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. TECHNOLOGICAL
ADVANCEMENTS AND NEW PRODUCT LAUNCHES
2.12.2. SHIFT
TOWARDS DIGITAL TECHNOLOGIES
3. NORTH
AMERICA TELECOM API MARKET OUTLOOK - BY DEPLOYMENT MODE
3.1. HYBRID
3.2. MULTI-CLOUD
3.3. OTHER
DEPLOYMENT MODES
4. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA TELECOM API MARKET – COUNTRY OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
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
TABLE 1: NORTH AMERICA
TELECOM API MARKET, BY COUNTRY, 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: NORTH AMERICA
TELECOM API MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA
TELECOM API MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
TELECOM API MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
TELECOM API MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY IMPACT
ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: KEY INDUSTRY
COMPONENTS
FIGURE 4: NORTH AMERICA
TELECOM API MARKET, DEPLOYMENT MODE OUTLOOK, 2021 & 2028 (IN %)
FIGURE 5: NORTH AMERICA
TELECOM API MARKET, BY HYBRID, 2022-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
TELECOM API MARKET, BY MULTI-HYBRID, 2022-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
TELECOM API MARKET, BY OTHER DEPLOYMENT MODES, 2022-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
TELECOM API MARKET, BY SERVICE OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: NORTH AMERICA
TELECOM API MARKET, BY MESSAGING API, 2022-2028 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA TELECOM API MARKET, BY IVR/ VOICE CONTROL & VOICE STORE API,
2022-2028 (IN $ MILLION)
FIGURE 11: NORTH
AMERICA TELECOM API MARKET, BY WEBRTC API, 2022-2028 (IN $ MILLION)
FIGURE 12: NORTH
AMERICA TELECOM API MARKET, BY PAYMENT API, 2022-2028 (IN $ MILLION)
FIGURE 13: NORTH
AMERICA TELECOM API MARKET, BY LOCATION & MAP API, 2022-2028 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA TELECOM API MARKET, BY SUBSCRIBER IDENTITY MANAGEMENT & SSO API,
2022-2028 (IN $ MILLION)
FIGURE 15: NORTH
AMERICA TELECOM API MARKET, BY OTHER SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
TELECOM API MARKET, END-USER OUTLOOK, 2021 & 2028 (IN %)
FIGURE 17: NORTH
AMERICA TELECOM API MARKET, BY PARTNER DEVELOPER, 2022-2028 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA TELECOM API MARKET, BY ENTERPRISE DEVELOPER, 2022-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA
TELECOM API MARKET, BY LONG-TAIL DEVELOPER, 2022-2028 (IN $ MILLION)
FIGURE 20: NORTH
AMERICA TELECOM API MARKET, BY INTERNAL TELECOM DEVELOPER, 2022-2028 (IN $
MILLION)
FIGURE 21: NORTH
AMERICA TELECOM API MARKET, COUNTRY 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)