Market by Deployment Mode, Service, End-user, and Regional Outlook | Forecast 2022-2028
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).
Report scope can be customized per your requirements. Request For Customization
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.
Market by Technology (Data ana ..
VIEW REPORT1. 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
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)
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)