Telecom Application Programming Interface Api Market
Telecom Application Programming Interface (API) Market Forecasts to 2030 - Global Analysis By Type (Voice API, Short Message Service (SMS) API, Multimedia Messaging Service (MMS) API, Video API, Unstructured Supplementary Service Data (USSD) API, Payment API and Other Types), Provider Type, Deployment Mode, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Telecom Application Programming Interface (API) Market is accounted for $310.53 billion in 2024 and is expected to reach $615.27 billion by 2030 growing at a CAGR of 15.5% during the forecast period. A telecom application programming interface (API) is a set of protocols and tools that allows different software applications to communicate with telecommunications systems. By abstracting complex telecom operations into manageable commands, Telecom APIs facilitate the creation of innovative services and solutions, streamline integration processes, and enhance the overall user experience in managing telecom services.
According to the Ericsson Mobility Report released in November 2023, 5G mobile subscriptions were anticipated to exceed 5.3 billion by the end of 2029.
Market Dynamics:
Driver:
Increased demand for connectivity
As businesses and consumers seek reliable and high-speed communication, telecom APIs enable seamless access to network services and facilitate the integration of new technologies, such as 5G and IoT. APIs support a range of applications, from enhanced mobile services to smart devices, by providing standardized methods for connecting and managing telecom functions. This growing reliance on connectivity fuels the demand for APIs that can deliver robust, flexible, and cost-effective solutions to meet diverse communication needs.
Restraint:
Lack of standardization
Lack of standardization in Telecom APIs arises from diverse technologies, varying industry practices, and proprietary solutions developed by different telecom providers. This fragmentation leads to compatibility issues, complex integration processes, and increased costs for developers and service providers. This lack of cohesion hampers market growth by creating barriers to widespread adoption, limiting innovation, and increasing the complexity of integrating new services into existing telecom infrastructures.
Opportunity:
Expanding digital ecosystems
Since digital ecosystems evolve with advancements in cloud computing, IoT, and smart technologies, APIs become crucial for connecting telecom services with various digital applications. They enable interoperability between different systems, facilitating enhanced functionality and user experiences. This interconnected environment drives demand for versatile and scalable APIs that can support a wide range of applications, from communication services to data management. As digital ecosystems grow, the need for efficient API solutions to support these integrations and innovations intensifies.
Threat:
Fragmented market
A fragmented market creates inconsistencies in standards and protocols across different telecom providers. This fragmentation results in integration challenges, compatibility issues, and higher development costs for businesses seeking to implement APIs. It complicates efforts to achieve seamless interoperability between various systems and services, slowing down innovation and adoption. The lack of a unified approach limits market expansion and discourages investment in new API solutions due to increased complexity and uncertainty.
Covid-19 Impact
The covid-19 pandemic accelerated the telecom API market by driving increased demand for remote communication and digital services. The surge in remote work, online education, and telehealth solutions heightened the need for robust telecom APIs to support connectivity and integration. However, the pandemic also posed challenges such as disrupted supply chains and increased security concerns. Overall, while covid-19 boosted adoption, it also highlighted the need for resilient and secure API solutions in the telecom sector.
The service provisioning segment is expected to be the largest during the forecast period
The service provisioning segment is estimated to be the largest, owing to its quicker deployments, reduced operational costs, and improved accuracy. They enable seamless integration for provisioning tasks such as activating, modifying, or deactivating telecom services, including voice, data, and messaging. By utilizing APIs, telecom providers can efficiently handle service requests, ensure real-time updates, and enhance customer experiences.
The retail & e-commerce segment is expected to have the highest CAGR during the forecast period
The retail & e-commerce segment is anticipated to witness the highest CAGR during the forecast period. In retail and e-commerce applications, Telecom APIs enable seamless integration of communication services, such as SMS notifications, voice calls, and customer verification, directly into online platforms. They facilitate real-time order updates, promotional messaging, and customer support, enhancing user engagement and satisfaction. APIs also support payment processing and fraud prevention by integrating telecom-based authentication methods.
Region with largest share:
The telecom API market in the Asia-Pacific region is projected to have the largest market share due to increased mobile penetration, the expansion of 5G networks, and rising digital transformation efforts. Countries like China, India, and Japan are key drivers, with telecom operators and tech companies leveraging APIs to enhance connectivity, integrate advanced services, and support the growing IoT ecosystem. The region's dynamic digital landscape fosters innovation, enabling the development of new applications and services.
Region with highest CAGR:
In North America, the telecom API market is thriving to have highest CAGR due to advanced technological infrastructure and high adoption of digital services. The region's robust 5G rollout, coupled with the growing demand for seamless connectivity, drives the development and deployment of telecom APIs. Major players in the U.S. and Canada are leveraging APIs to enhance customer experiences, support IoT applications, and integrate new technologies. Additionally, strong investments in digital transformation and smart cities initiatives further propel market growth.
Key players in the market
Some of the key players profiled in the Telecom Application Programming Interface (API) Market include Cisco, Nexmo, Plivo, Bandwidth, Twilio, Verizon Communications Inc., Telnyx, MessageBird, Karix, Textlocal, CM.com, Telesign, Infobip, Kaleyra, Deutsche Telekom AG and Sinch.
Key Developments:
In February 2024, American network operator Verizon has launched network Application Programming Interfaces (APIs) aimed at providing developers access to its 5G network. These APIs, accessible to developers globally through various platforms including API aggregators, hyperscalers, and Verizon's own API portal, aim to enhance customer engagement and brand loyalty.
In September 2023, German carrier Deutsche Telekom made the commercial launch of network application programming interfaces (APIs), under the brand “MagentaBusiness API”. The MagentaBusiness API platform powered by Vonage will serve as a “one-stop shop” for access to communications and network APIs, allowing developers and business customers to embed communication functions like video, voice, messaging and other capabilities into their products, applications, and workflows.
Types Covered:
• Voice API
• Short Message Service (SMS) API
• Multimedia Messaging Service (MMS) API
• Video API
• Unstructured Supplementary Service Data (USSD) API
• Payment API
• Other Types
Provider Types Covered:
• API Providers
• API Aggregators
• API Marketplaces
Deployment Modes Covered:
• On-Premises
• Cloud-Based
Technologies Covered:
• Representational State Transfer (REST) APIs
• Simple Object Access Protocol (SOAP) APIs
• GraphQL APIs
Applications Covered:
• Customer Engagement
• Billing & Payments
• Service Provisioning
• Network Management
• Data Management
• Other Applications
End Users Covered:
• Telecommunications
• Healthcare
• Retail & E-Commerce
• Media & Entertainment
• Travel & Hospitality
• Banking, Financial Services, and Insurance (BFSI)
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Telecom Application Programming Interface (API) Market, By Type
5.1 Introduction
5.2 Voice API
5.3 Short Message Service (SMS) API
5.4 Multimedia Messaging Service (MMS) API
5.5 Video API
5.6 Unstructured Supplementary Service Data (USSD) API
5.7 Payment API
5.8 Other Types
6 Global Telecom Application Programming Interface (API) Market, By Provider Type
6.1 Introduction
6.2 API Providers
6.3 API Aggregators
6.4 API Marketplaces
7 Global Telecom Application Programming Interface (API) Market, By Deployment Mode
7.1 Introduction
7.2 On-Premises
7.3 Cloud-Based
8 Global Telecom Application Programming Interface (API) Market, By Technology
8.1 Introduction
8.2 Representational State Transfer (REST) APIs
8.3 Simple Object Access Protocol (SOAP) APIs
8.4 GraphQL APIs
9 Global Telecom Application Programming Interface (API) Market, By Application
9.1 Introduction
9.2 Customer Engagement
9.3 Billing & Payments
9.4 Service Provisioning
9.5 Network Management
9.6 Data Management
9.7 Other Applications
10 Global Telecom Application Programming Interface (API) Market, By End User
10.1 Introduction
10.2 Telecommunications
10.3 Healthcare
10.4 Retail & E-Commerce
10.4 Media & Entertainment
10.4 Travel & Hospitality
10.4 Banking, Financial Services, and Insurance (BFSI)
10.4 Other End Users
11 Global Telecom Application Programming Interface (API) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Cisco
13.2 Nexmo
13.3 Plivo
13.4 Bandwidth
13.5 Twilio
13.6 Verizon Communications Inc.
13.7 Telnyx
13.8 MessageBird
13.9 Karix
13.10 Textlocal
13.11 CM.com
13.12 Telesign
13.13 Infobip
13.14 Kaleyra
13.15 Deutsche Telekom AG
13.16 Sinch
List of Tables
1 Global Telecom Application Programming Interface (API) Market Outlook, By Region (2022-2030) ($MN)
2 Global Telecom Application Programming Interface (API) Market Outlook, By Type (2022-2030) ($MN)
3 Global Telecom Application Programming Interface (API) Market Outlook, By Voice API (2022-2030) ($MN)
4 Global Telecom Application Programming Interface (API) Market Outlook, By Short Message Service (SMS) API (2022-2030) ($MN)
5 Global Telecom Application Programming Interface (API) Market Outlook, By Multimedia Messaging Service (MMS) API (2022-2030) ($MN)
6 Global Telecom Application Programming Interface (API) Market Outlook, By Video API (2022-2030) ($MN)
7 Global Telecom Application Programming Interface (API) Market Outlook, By Unstructured Supplementary Service Data (USSD) API (2022-2030) ($MN)
8 Global Telecom Application Programming Interface (API) Market Outlook, By Payment API (2022-2030) ($MN)
9 Global Telecom Application Programming Interface (API) Market Outlook, By Other Types (2022-2030) ($MN)
10 Global Telecom Application Programming Interface (API) Market Outlook, By Provider Type (2022-2030) ($MN)
11 Global Telecom Application Programming Interface (API) Market Outlook, By API Providers (2022-2030) ($MN)
12 Global Telecom Application Programming Interface (API) Market Outlook, By API Aggregators (2022-2030) ($MN)
13 Global Telecom Application Programming Interface (API) Market Outlook, By API Marketplaces (2022-2030) ($MN)
14 Global Telecom Application Programming Interface (API) Market Outlook, By Deployment Mode (2022-2030) ($MN)
15 Global Telecom Application Programming Interface (API) Market Outlook, By On-Premises (2022-2030) ($MN)
16 Global Telecom Application Programming Interface (API) Market Outlook, By Cloud-Based (2022-2030) ($MN)
17 Global Telecom Application Programming Interface (API) Market Outlook, By Technology (2022-2030) ($MN)
18 Global Telecom Application Programming Interface (API) Market Outlook, By Representational State Transfer (REST) APIs (2022-2030) ($MN)
19 Global Telecom Application Programming Interface (API) Market Outlook, By Simple Object Access Protocol (SOAP) APIs (2022-2030) ($MN)
20 Global Telecom Application Programming Interface (API) Market Outlook, By GraphQL APIs (2022-2030) ($MN)
21 Global Telecom Application Programming Interface (API) Market Outlook, By Application (2022-2030) ($MN)
22 Global Telecom Application Programming Interface (API) Market Outlook, By Customer Engagement (2022-2030) ($MN)
23 Global Telecom Application Programming Interface (API) Market Outlook, By Billing & Payments (2022-2030) ($MN)
24 Global Telecom Application Programming Interface (API) Market Outlook, By Service Provisioning (2022-2030) ($MN)
25 Global Telecom Application Programming Interface (API) Market Outlook, By Network Management (2022-2030) ($MN)
26 Global Telecom Application Programming Interface (API) Market Outlook, By Data Management (2022-2030) ($MN)
27 Global Telecom Application Programming Interface (API) Market Outlook, By Other Applications (2022-2030) ($MN)
28 Global Telecom Application Programming Interface (API) Market Outlook, By End User (2022-2030) ($MN)
29 Global Telecom Application Programming Interface (API) Market Outlook, By Telecommunications (2022-2030) ($MN)
30 Global Telecom Application Programming Interface (API) Market Outlook, By Healthcare (2022-2030) ($MN)
31 Global Telecom Application Programming Interface (API) Market Outlook, By Retail & E-Commerce (2022-2030) ($MN)
32 Global Telecom Application Programming Interface (API) Market Outlook, By Media & Entertainment (2022-2030) ($MN)
33 Global Telecom Application Programming Interface (API) Market Outlook, By Travel & Hospitality (2022-2030) ($MN)
34 Global Telecom Application Programming Interface (API) Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2022-2030) ($MN)
35 Global Telecom Application Programming Interface (API) Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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