Worldwide Telecom and Network API Forecast, 2024–2028
This IDC study discusses worldwide telecom and network API forecast for the 2024–2028 period."While the telecom industry has a mixed history of API monetization, its latest focus on novel network APIs is being championed by all leading telecom service providers to include global support from key API aggregators, such as the hyperscale cloud providers and leading CPaaS entities," says Patrick Filkins, research manager, IoT and Telecom Network Infrastructure, IDC. "Even so, we expect the short-term API opportunity to remain tied to use cases such as anti-fraud and billing, which are easier to implement. Higher value APIs, such as QoD/QoS and edge, will take longer to catch on due to technical complexity and time-to-market constraints but present the most upside longer term."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Advice for Telecom Service Providers
- Advice for Network API Aggregators and Solutions Providers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Lack of 5G Monetization Driving Telecom Service Providers to Deploy API-Led Offerings Based on GSMA Open API Specifications
- Broad Set of API Aggregators Emerging to Help Drive API Awareness and Availability to Developers and Independent Software Vendors (ISVs)
- Inhibitors
- Many 5G Service Providers Have Yet to Scale Next-Generation Network Architectures
- Significant Market Developments
- Changes from Prior Forecast
- Market Definitions
- API Categories
- Category 1: Billing and Monetization
- Category 2: Device Status and Information, Anti-Fraud, and Verification
- Category 3: Location
- Category 4: Network Quality, Edge, and Application Performance
- Category 5: Other
- Methodology
- Related Research
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