Telecom API Market, By Service Type (Payment, SMS, MMS and RCS-E, Maps and Location, Voice/Speech, Identity Management, WebRTC and Others (Device Information and Do Not Distrub), By Type (Enterprise Developer, Internal Telecom Developer, Partner Developer

Telecom API Market, By Service Type (Payment, SMS, MMS and RCS-E, Maps and Location, Voice/Speech, Identity Management, WebRTC and Others (Device Information and Do Not Distrub), By Type (Enterprise Developer, Internal Telecom Developer, Partner Developer and Long Tail Developer) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

An application programming interface (API) is a computing interface that defines the interaction between numbers of software intermediaries. Telecom API helps developers create compatible applications for multiple devices under a particular network. A telecom carrier typically provides APIs geared toward SMS, MMS, location, voice, and payment, allowing the developer to integrate the required API in its application. The telecom carrier can charge the developer based on the number of APIs used in the application. Telecom API improves the scalability and flexibility of an application by managing the growing number of consumers in a network.
Market Dynamics
Rising adoption of mobile internet and cloud technologies is expected to boost the use of the mobile application in the near future. According to the Cisco Visual Networking Index 2014 - 2021 report, the monthly global mobile data traffic is expected to rise at a CAGR of around 57% from 2014 to 2021 and is expected to surpass 24.3 Exabytes by 2021. Furthermore, according to the Groupe Speciale Mobile Association (GSMA) Mobile Economy Report 2015, the number of people using mobile Internet is expected to reach 3.8 billion by 2020. Rapid growth of mobile cloud is expected to accelerate adoption of telecom API for data and video storage in telecom-owned cloud systems. Hence, these factors are expected to drive growth of the global telecom API market during the forecast period. According to GSMA Intelligence, 352 telecom carriers had launched 4G LTE (Long-Term Evolution) networks across 124 countries until January 2015. 4G LTE offers high-bandwidth internet connectivity for uninterrupted audio and video streaming. Furthermore, 4G LTE provides voice over LTE (VoLTE) based on IP multimedia systems thereby allowing high-clarity voice. 4G LTE eliminates the need for separate networks for voice and data for a given telecom tower. VoLTE can be deployed with RCS and video calls over LTE, facilitating MMS, chat, file sharing, and video transfer. Thus, these factors are expected to propel the global telecom API market growth over the forecast period.
Market Taxonomy
This report segments the Global Telecom API Market on the basis of Service Type, Type and Region. On the basis of Service Type, Global Telecom API Market is segmented into Payment, SMS, MMS and RCS-E, Maps and Location, Voice/Speech, Identity Management, WebRTC and Others (Device Information and Do Not Distrub. On the basis of Type, the Global Telecom API Market is segmented into Enterprise Developer, Internal Telecom Developer, Partner Developer and Long Tail Developer. On the basis of region, Global Telecom API Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:
This report provides an in-depth analysis of the Global Telecom API Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Telecom API Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Telecom API Market includes AT&T, Inc., Comverse, Inc., Apigee Corp., Nexmo, Inc., LocationSmart, Fortumo OU, Alcatel-Lucent, Aepona Ltd., Orange S.A., Tropo, Inc., and Twilio, Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Telecom API market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Telecom API Market

Detailed Service Typeation:
Global Telecom API Market, By Service Type:
Payment
SMS, MMS and RCS-E
Maps and Location
Voice/Speech
Identity Management
WebRTC
Others (Device Information and Do Not Distrub)
Global Telecom API Market, By Types:
Enterprise Developer
Internal Telecom Developer
Partner Developer
Long Tail Developer
Global Telecom API Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Aepona Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Alcatel-Lucent
Apigee Corp.
AT&T, Inc.
Comverse, Inc.
Fortumo OU
LocationSmart
Nexmo, Inc.
Orange S.A.
Tropo, Inc.
Twilio, Inc.
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