The global telecom API market size is projected to reach USD 1.2 trillion by 2030 from an estimated USD 250.71 billion in 2022, at a CAGR of 21.62% during the forecast period 2022 - 2030.
The expanding deployment of 5G technologies and networks is one of the factors driving the global telecom application programming interface (API) market. In April 2020, the Small Cell Forum, for example, launched a 5G functional application programming interface (API) to enable a 5G small cell vendor ecosystem.
The 5G technical application programming interface (API) specifications, which expand on the breadth of the 5G physical layer application programming interface (API) definition, enable microscopic cells to be assembled piece by piece using components from diverse manufacturers.The increasing number of mobile service subscribers is another element driving the worldwide telecom application programming interface (API) industry.
Regional Snapshot
Asia-Pacific region is the fastest growing region in the telecom API market and garnered 24.5% over the forecast period. China and India are dominating the telecom application programming interface (API) market in the Asia-Pacific region. The Asia-Pacific telecom application programming interface (API) market is developing due to the increasing deployment of telecom application programming interface (API) by various industry players. Furthermore, technological advancements are paving the way for the rise of the Asia-Pacific telecom application programming interface (API) market. Some of the ongoing agreements among the region's leading businesses are expected to generate market demand.
North America accounted largest revenue share 30% in 2021. This is owing to the increased use of a variety of cloud-based services by industrial systems and other sales channels. Furthermore, the web-based information technology business in North America is predicted to grow fast as a result of increasing funding. Furthermore, demand for various software-based services has increased in major emerging economies.
Report Highlights
- On the basis of type, messaging application programming interface (API) segment holds the largest market share in the global telecom application programming interface (API) market. As a rising number of businesses use SMS services for tailored marketing and to improve consumer engagement and participation, the SMS industry is becoming more saturated. As a result, the need for messaging application programming interfaces (APIs) is increasing.
- On the basis of end use, enterprise developer segment holds the largest market share in the global telecom application programming interface (API) market. Due to strong penetration and acceptance rate of large-scale organizations, the enterprise developer is growing at a rapid pace. The application to person communications is commonly used in large scale enterprises to advertise discounts and promotional events.
Market Dynamics
Drivers
Advent of 5G technology
The GSMA estimates that by 2025, there will be 1.8 billion 5G connections. Mobile 5G is currently accessible from 46 operators in 24 markets throughout the world. Moreover, 79 worldwide operators are expected to deliver 5G mobile services in the coming years. As a result, advent of 5G technology is driving the growth of global telecom application programming interface (API) market.
Restraints
Growing number of over-the-top internet service providers
The video and audio are supplemented by core services provided by over-the-top internet service providers. This is done through mobile internet networks that are not tied to any particular telecom company. As a result, the cost of telecom infrastructure is neutralized, with the consumer only being charged for the data used. Thus, this factor is restricting the growth of global telecom application programming interface (API) market.
Opportunities
Growing adoption of machine-to-machine devices
As per the Cisco Visual Networking Index 2014 to 2019 research, the number of machine-to-machine connections will reach 3.2 billion by 2019, with a CAGR of 45% from 2014 to 2019. The overall number of mobile machine-to-machine connections is predicted to expand at a CAGR of 26% between 2014 and 2020, as per the GSMA Mobile Economy Report 2015. In the near future, the need for telecom application programming interfaces (APIs)is likely to rise as machine-to-machine devices become more connected to smartphones.
Challenges
Adoption of open telecom application programming interface (API)
The growing number of telecom operators is adding telecom application programming interface (API) services to their offerings. However, only a few telecoms application programming interface (API) platform available to third party applications. As a result, this factor is a major challenge for the expansion of global telecom application programming interface (API) market.
Related Reports
- Telecom Services Market Research Report 2022 – 2030
- Telecom Cloud Market Research Report 2022 – 2030
- Digital Transformation Market Research Report 2021 - 2030
Recent Developments
- Google LLC partnered with AT&T Inc. to create 5G edge computing technologies in March 2020. Anthos for telecom, which the business has launched, is an open platform that covers multi cloud and edge computing.
- Twilio Inc. released Messaging Insights in June 2020, which provides real time insights within the Twilio Console. The customers can now track message delivery, fix issues, and maximize efficiency across channels with no additional expense or code. Messaging Insights comes with 4 reports to give high level overview, analyze answers, and enhance OTP conversion rates across all messaging channels, including MMS and SMS.
Market Segmentation
By API Type
- Messaging (API)
- WebRTC
- Payment (API)
- IVR (API)
- Location (API)
- Others
By Type
- Presence Detection Data
- Location Determination Data
- Service Configuration Management (SCM)
- Subscriber Data Management (SDM)
By End User
- Enterprise Developers
- Internal Telecom Developers
- Partner Developers
- Long Tail Developers
By Deployment
- Hybrid
- Multi-cloud
- Other
By Industry Verticals
- BFSI
- Healthcare & Life Sciences
- Telecommunications & ITES
- Government & Public Sector
- Manufacturing
- Consumer Goods & Retail
- Media & Entertainment
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Telecom API Market
5.1. COVID-19 Landscape: Telecom API Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Telecom API Market, By API Type
8.1. Telecom API Market, by API Type, 2022-2030
8.1.1. Messaging (API)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. WebRTC
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Payment (API)
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. IVR (API)
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Location (API)
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Telecom API Market, By Type
9.1. Telecom API Market, by Type, 2022-2030
9.1.1. Presence Detection Data
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. 2. Location Determination Data
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Service Configuration Management (SCM)
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.3. Subscriber Data Management (SDM)
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Telecom API Market, By End User
10.1. Telecom API Market, by End User, 2022-2030
10.1.1. Enterprise Developers
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Internal Telecom Developers
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Partner Developers
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Long Tail Developers
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Telecom API Market, By Deployment
11.1. Telecom API Market, by Deployment, 2022-2030
11.1.1. Hybrid
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Multi-cloud
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Other
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Telecom API Market, By Industry Verticals
12.1. Telecom API Market, by Industry Verticals, 2022-2030
12.1.1. BFSI
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Healthcare & Life Sciences
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Telecommunications & ITES
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Government & Public Sector
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. Manufacturing
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. Consumer Goods & Retail
12.1.6.1. Market Revenue and Forecast (2017-2030)
12.1.7. Media & Entertainment
12.1.7.1. Market Revenue and Forecast (2017-2030)
12.1.8. Others
12.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Telecom API Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by API Type (2017-2030)
13.1.2. Market Revenue and Forecast, by Type (2017-2030)
13.1.3. Market Revenue and Forecast, by End User (2017-2030)
13.1.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by API Type (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Type (2017-2030)
13.1.6.3. Market Revenue and Forecast, by End User (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.7. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by API Type (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Type (2017-2030)
13.1.8.3. Market Revenue and Forecast, by End User (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by API Type (2017-2030)
13.2.2. Market Revenue and Forecast, by Type (2017-2030)
13.2.3. Market Revenue and Forecast, by End User (2017-2030)
13.2.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by API Type (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
13.2.6.3. Market Revenue and Forecast, by End User (2017-2030)
13.2.7. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.8. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by API Type (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Type (2017-2030)
13.2.9.3. Market Revenue and Forecast, by End User (2017-2030)
13.2.10. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.11. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by API Type (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Type (2017-2030)
13.2.12.3. Market Revenue and Forecast, by End User (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.13. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by API Type (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Type (2017-2030)
13.2.14.3. Market Revenue and Forecast, by End User (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.2.15. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by API Type (2017-2030)
13.3.2. Market Revenue and Forecast, by Type (2017-2030)
13.3.3. Market Revenue and Forecast, by End User (2017-2030)
13.3.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by API Type (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
13.3.6.3. Market Revenue and Forecast, by End User (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.7. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by API Type (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Type (2017-2030)
13.3.8.3. Market Revenue and Forecast, by End User (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.9. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by API Type (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Type (2017-2030)
13.3.10.3. Market Revenue and Forecast, by End User (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by API Type (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Type (2017-2030)
13.3.11.3. Market Revenue and Forecast, by End User (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by API Type (2017-2030)
13.4.2. Market Revenue and Forecast, by Type (2017-2030)
13.4.3. Market Revenue and Forecast, by End User (2017-2030)
13.4.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by API Type (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
13.4.6.3. Market Revenue and Forecast, by End User (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.7. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by API Type (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Type (2017-2030)
13.4.8.3. Market Revenue and Forecast, by End User (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.9. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by API Type (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Type (2017-2030)
13.4.10.3. Market Revenue and Forecast, by End User (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by API Type (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Type (2017-2030)
13.4.11.3. Market Revenue and Forecast, by End User (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by API Type (2017-2030)
13.5.2. Market Revenue and Forecast, by Type (2017-2030)
13.5.3. Market Revenue and Forecast, by End User (2017-2030)
13.5.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by API Type (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Type (2017-2030)
13.5.6.3. Market Revenue and Forecast, by End User (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.7. Market Revenue and Forecast, by Industry Verticals (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by API Type (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Type (2017-2030)
13.5.8.3. Market Revenue and Forecast, by End User (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Deployment (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Industry Verticals (2017-2030)
Chapter 14. Company Profiles
14.1. Vodafone Group PLC
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Twilio, Inc.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Alcatel-Lucent
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. AT&T, Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Telefonica
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Apigee Corporation
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Orange S.A.
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Verizon Communications, Inc.
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Xura, Inc.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Nexmo, Inc.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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