Latin America Telecom Api Market Forecast Analysis 2025-2032
Triton’s research report estimates that the Latin America Telecom API market is expected to garner revenue at a CAGR of 15.26% during the forecast years 2025-2032.
Under the GSMA Open Gateway initiative, leading Brazilian carriers Vivo (Telefónica), Claro, and TIM have introduced three APIs focused on anti-fraud measures—SIM Swap, Number Verification, and Device Location Verification—to enhance digital security and combat fraud. The GSMA Open Gateway, introduced at MWC 2023 in Barcelona, aims to establish a global, open framework for telecom carriers, allowing developers to create interoperable applications supported by APIs. This initiative has driven the expansion of the telecom API market in Latin America.
The countries studied in this region include Brazil, Mexico, and Rest of Latin America.
Brazil captured the highest share in the telecom API market, obtaining about $13.65 billion in 2024.
As of September 2, 2023, Brazil’s telecom regulator, Anatel, reported that 94.5% of Brazilians could theoretically access 5G services after releasing licenses for the 3.5 GHz spectrum band.
With the rising adoption of mobile and internet services, demand for APIs in areas like messaging, payment, and location services is gradually increasing among Brazilian telecom providers and enterprises.
Due to the above trends, Brazil’s Telecom API market is set for growth with increasing demand for secure, interoperable digital services.
Telecom API Market Forecast for Mexico
The reviewed market in Mexico is experiencing significant momentum, driven by the country’s rapid digital transformation and increasing mobile penetration. With over 129 million mobile connections as of 2023 and a smartphone adoption rate exceeding 80%, the demand for advanced telecom services is surging. Mexican telecom providers are actively investing in API solutions to support services like mobile money transfers, identity verification, and IoT integrations. Initiatives such as the government-backed ‘Mexico Connected’ program, aimed at improving digital inclusion, further create opportunities for telecom API developers.
The telecom API market is segmented based on deployment type, service type and end-user. Based on service type, it is further classified into IVR/Voice Store and Voice Control API, Subscriber Identity Management and SSO API, Location and Map API, Messaging API, WebRTC API, Payment API, and other service types. Messaging APIs allow telecom providers to integrate messaging services like SMS and MMS into applications, enabling businesses to communicate with users efficiently for alerts, customer engagement, and security verifications.
Contender Analysis in the Telecom API Market:
Verizon Communications Inc is a top provider of communications, technology, information, and entertainment solutions. The company delivers voice, data, and video services to customers through various networks and platforms. It focuses on telecommunications, IT, and security, with expertise in IoT, APIs, 5G, and broadband technology. Established in 1983, Verizon operates across several regions, including Latin America.
Major companies in the telecom API market include Google LLC, Nokia Corporation, Claro, Bird, Cisco Systems Inc, Alcatel-Lucent Enterprise, and Vodafone Group Plc.