Persistence Market Research has compiled a detailed study on the Telecommunication Api Market which provides a brief summary of the growth trends influencing the market. The report also includes significant insights pertaining to the profitability graph, market share, and regional proliferation and SWOT analysis of this business vertical. The report further illustrates the status of key players in the competitive setting of the Telecommunication Api Market, while expanding on their corporate strategies and product offerings.
Telecommunication Api Market:Overview
Application programming interface (API) is a language and message format that is used as an interface for software and its components to communicate and share data information with each other or a different control program such as communications protocol or database management system (DBMS). The migration from 3rd generation to LTE (Long Term Evolution) and the emerging 5th generation, that raises the demand for IPv6 transitions and IP connected devices, will increase the adoption of the Telecommunication API market globally. The increased usage of Internet of Things is expected to drive the global Telecommunication API market. Factors such as end-to-end visibility and the business value of Telecommunication API are also estimated to affect the market positively during the forecast period. The expansion in enterprise-related business models involving the improvised usage of the concealed data center infrastructure using virtualizing techniques to bring in a competitive advantage will boost the Telecommunication API market.
However, the revenue and profit margins flooding away from telecom operators by Over-The-Top (OTT) service providers restrains the proper growth of the Telecommunication API market globally.
Growth in the development and adoption of Internet connected devices is a key trend that is estimated to gain traction during the forecast period. A Telecommunication API plays an important role in Internet connection management. It provides assistance in the development of Internet connected devices.
Telecommunication Api Market:Dynamics
Mozilla, Ericsson, and AT&T collaborated to develop a web browser integration of telephone services. This telecommunication API provided innovative and useful features, such as SMS and push-through-call notifications, recent contact history, and click-to-dial in browser capabilities.
Telecommunication API technology is being continuously upgraded to facilitate telecom automation. But, with multiple telecommunication API technologies being developed continuously, their integration into automation systems has become very cumbersome. In order to overcome this concern, telecommunication API developers are focusing on the formation of Speech Recognition and Vehicle-to-Cloud (V2C) connectivity Expert Groups, in order to develop standardized sets of APIs.
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Telecommunication Api Market:Segmentation
The global Telecommunication API market can be segmented on the basis of API type and user type. On the basis of API type, the market can be segmented into WebRTC Telecommunication API, content delivery telecommunication API, IVR/voice store and voice control telecommunication API, location API, SMS, MMS and RCS API, payment API, ID/SSO and subscriber telecommunication API, M2M and IoT telecommunication API, and others. On the basis of user type, the Telecommunication API market can be segmented into internal developers, long tail developers, enterprise developers, and partner developers.
Telecommunication Api Market:Regional Overview
Due to the high rate of smartphone users and the early adoption of 4G/LTE in the region, North America leads the global Telecommunication API market. Also, the presence of an extensive body of API developers boosts the telecommunication API market in this region.
Asia Pacific is estimated to grow its Telecommunication API market steadily during the forecast period. The progressive growth in the demand for 4G/LTE is considered to be a major driver of the Telecommunication API market in the region. The increasing number of smartphone and M2M devices is another factor that is expected to boost the APAC market for Telecommunication APIs.
Regional analysis for the Telecommunication API market includes development of these systems in the following regions:
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of Latin America
- Europe
- EU – 4 (Germany, France, Italy, Spain)
- UK
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Republic, etc.)
- Rest of Europe
- CIS & Russia
- Japan
- APEJ
- Greater China
- India
- Korea
- ASEAN Countries
- Rest of APEJ
- Middle East & Africa
- GCC Countries
- Turkey
- Iran
- Israel
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Telecommunication Api Market:Market Participants
Some of the key players in the Telecommunication API market are:
- Twilio
- AT&T Inc.
- Vodafone Group PLC
- Alcatel-Lucent
- Telefonica
- Orange S.A.
- Verizon Communications Inc.
- CLX Communications