Global Telecom API Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 11/23/2022
- NO OF PAGES
- 275
- CATEGORY
- Information Technology
Market Overview:
The Global Telecom API market was valued at USD 183.11 billion in 2022 and is estimated to expand at a CAGR of 21.3% from 2022 to 2032.
The Telecom API (Application Programming Interface) market has been experiencing significant growth in recent years, driven by the increasing adoption of digital technologies, the proliferation of mobile devices, and the growing demand for personalized and seamless communication experiences. Telecom APIs allow developers to easily integrate communication services, such as voice calling, messaging, and video conferencing, into their applications and services, making it easier for businesses to engage with customers and employees. One of the key drivers of growth in the Telecom API market is the increasing demand for personalized communication experiences. Consumers today expect seamless and personalized communication experiences across all channels, including voice, messaging, and video. Telecom APIs make it easier for businesses to offer these experiences by enabling them to quickly and easily integrate communication services into their applications and services. Moreover, the increasing adoption of cloud-based technologies is also driving growth in the Telecom API market. Cloud-based communication services are becoming increasingly popular as they offer scalability, flexibility, and cost-effectiveness. Telecom APIs enable businesses to easily integrate cloud-based communication services into their applications and services, making it easier for them to take advantage of the benefits of cloud-based technologies.
The increasing demand for personalized and seamless communication experiences is the driving factor behind the growth of the Telecom API market.
As businesses increasingly move towards digital communication channels, the need for personalized and seamless communication experiences has become a key differentiator in customer engagement. Customers today expect to have access to multiple communication channels, such as messaging, voice, and video, to interact with businesses on their terms. Telecom APIs provide businesses with the ability to integrate these communication channels into their applications and services, creating personalized and seamless communication experiences for customers. With Telecom APIs, businesses can easily integrate communication services, such as voice calling, messaging, and video conferencing, into their applications and services, making it easier for customers to engage with them in the way they prefer. This not only helps businesses to improve customer engagement and satisfaction but also provides them with valuable data on customer behavior and preferences. Telecom APIs also enable businesses to personalize their communication experiences based on the customer's preferences, past interactions, and behavior. For example, businesses can use Telecom APIs to customize their messaging campaigns based on the customer's location or purchase history, making the communication more relevant and engaging. Moreover, with the increasing adoption of cloud-based technologies and the rise of 5G networks, businesses are now able to deliver personalized communication experiences across a range of devices and platforms. Telecom APIs allow businesses to integrate communication services seamlessly into their applications and services, regardless of the device or platform being used, providing a consistent and personalized experience for customers.
Segmentation:
By Type:
· SMS
· MMS
· Voice
· WebRTC APIs
By Deployment mode:
· Cloud-based
· On-premise
By Industry:
· BFSI
· Retail and E-Commerce
· Healthcare
· Government
· Others
Geography:
The Telecom API market is dominated by North America, followed by Europe and Asia Pacific. North America holds the largest market share due to the presence of a large number of Telecom API providers and early adoption of cloud-based technologies. The region is also home to some of the largest technology companies that have been instrumental in driving the growth of the Telecom API market. Europe and Asia Pacific are also witnessing significant growth in the Telecom API market, driven by the increasing adoption of digital technologies and rising demand for personalized communication experiences. The Telecom API market in the Asia Pacific region is expected to witness the highest growth rate due to the increasing penetration of smartphones and the internet, especially in countries like India and China.
Impact of COVID-19 on the global Telecom API Market:
The COVID-19 pandemic has had a mixed impact on the Telecom API market. On one hand, the pandemic has led to an increased demand for digital communication channels as people are forced to work, learn, and socialize remotely. This has created a surge in demand for Telecom APIs that enable businesses to provide seamless communication experiences across a range of devices and platforms. On the other hand, the pandemic has also led to economic uncertainties, resulting in reduced spending on new technologies and services.
The COVID-19 pandemic has accelerated the adoption of digital technologies and created a surge in demand for Telecom APIs. As people are forced to work and learn remotely, the need for seamless communication experiences across a range of devices and platforms has become critical. Telecom APIs have enabled businesses to meet this demand by providing a range of services such as messaging, voice, and video communication, and authentication. The pandemic has also highlighted the need for resilient and scalable communication networks that can handle large volumes of traffic and provide reliable services. As a result, businesses are investing in Telecom APIs that enable them to provide uninterrupted communication services to their customers, irrespective of their location.
Impact of the Russia-Ukraine War on the global Telecom API Market:
The ongoing Russia-Ukraine conflict has also had an impact on the Telecom API market. The conflict has led to an increase in political and economic uncertainties, which could affect the growth of the Telecom API market in the region. It could also lead to disruptions in the supply chain and affect the ability of businesses to deliver Telecom API services in the region. Despite these challenges, the Telecom API market is expected to continue to grow in the long term, driven by the increasing adoption of cloud-based technologies and the demand for personalized communication experiences. Businesses are expected to continue investing in Telecom APIs to improve customer engagement and satisfaction, thereby driving the growth of the market.
Company Profiles:
· Twilio Inc.
· Cisco Systems Inc.
· AT&T Inc.
· Avaya Inc.
· Apigee Corp.
· Huawei Technologies Co. Ltd.
· Orange S.A.
· Nokia Corporation
· Vodafone Group Plc.
· Vonage Holdings Corp.
· Ribbon Communications Inc.
· ZTE Corporation
· Ericsson AB
· Nexmo Inc.
· Sinch AB
Global Telecom API Market: Market Size EstimationBoth the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Reasons to Purchase Telecom API Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Telecom API Revenue
1.4 Market Analysis by Type
1.4.1 Global Telecom API Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 SMS, MMS, and RCS API
1.4.3 WebRTC API
1.4.4 Payment API
1.4.5 Maps & Location API
1.4.6 Identity Management API
1.4.7 Voice API
1.4.8 Other
1.5 Market by Application
1.5.1 Global Telecom API Market Share by Application: 2022 VS 2030
1.5.2 Enterprise
1.5.3 Government
1.5.4 Other
1.6 Coronavirus Disease 2019 (Covid-19): Telecom API Industry Impact
1.6.1 How the Covid-19 is Affecting the Telecom API Industry
1.6.1.1 Telecom API Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Telecom API Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Telecom API Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Telecom API Market Perspective (2016-2030)
2.2 Telecom API Growth Trends by Regions
2.2.1 Telecom API Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Telecom API Historic Market Share by Regions (2016-2021)
2.2.3 Telecom API Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Telecom API Market Growth Strategy
2.3.6 Primary Interviews with Key Telecom API Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Telecom API Players by Market Size
3.1.1 Global Top Telecom API Players by Revenue (2016-2021)
3.1.2 Global Telecom API Revenue Market Share by Players (2016-2021)
3.1.3 Global Telecom API Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Telecom API Market Concentration Ratio
3.2.1 Global Telecom API Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Telecom API Revenue in 2021
3.3 Telecom API Key Players Head office and Area Served
3.4 Key Players Telecom API Product Solution and Service
3.5 Date of Enter into Telecom API Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2016-2030)
4.1 Global Telecom API Historic Market Size by Type (2016-2021)
4.2 Global Telecom API Forecasted Market Size by Type (2022-2030)
5 Telecom API Breakdown Data by Application (2016-2030)
5.1 Global Telecom API Market Size by Application (2016-2021)
5.2 Global Telecom API Forecasted Market Size by Application (2022-2030)
6 North America
6.1 North America Telecom API Market Size (2016-2021)
6.2 Telecom API Key Players in North America (2016-2021)
6.3 North America Telecom API Market Size by Type (2016-2021)
6.4 North America Telecom API Market Size by Application (2016-2021)
7 Europe
7.1 Europe Telecom API Market Size (2016-2021)
7.2 Telecom API Key Players in Europe (2016-2021)
7.3 Europe Telecom API Market Size by Type (2016-2021)
7.4 Europe Telecom API Market Size by Application (2016-2021)
8 China
8.1 China Telecom API Market Size (2016-2021)
8.2 Telecom API Key Players in China (2016-2021)
8.3 China Telecom API Market Size by Type (2016-2021)
8.4 China Telecom API Market Size by Application (2016-2021)
9 Japan
9.1 Japan Telecom API Market Size (2016-2021)
9.2 Telecom API Key Players in Japan (2016-2021)
9.3 Japan Telecom API Market Size by Type (2016-2021)
9.4 Japan Telecom API Market Size by Application (2016-2021)
10 Southeast Asia
10.1 Southeast Asia Telecom API Market Size (2016-2021)
10.2 Telecom API Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia Telecom API Market Size by Type (2016-2021)
10.4 Southeast Asia Telecom API Market Size by Application (2016-2021)
11 India
11.1 India Telecom API Market Size (2016-2021)
11.2 Telecom API Key Players in India (2016-2021)
11.3 India Telecom API Market Size by Type (2016-2021)
11.4 India Telecom API Market Size by Application (2016-2021)
12 Central & South America
12.1 Central & South America Telecom API Market Size (2016-2021)
12.2 Telecom API Key Players in Central & South America (2016-2021)
12.3 Central & South America Telecom API Market Size by Type (2016-2021)
12.4 Central & South America Telecom API Market Size by Application (2016-2021)
13 Key Players Profiles
13.1 Verizon
13.1.1 Verizon Company Details
13.1.2 Verizon Business Overview and Its Total Revenue
13.1.3 Verizon Telecom API Introduction
13.1.4 Verizon Revenue in Telecom API Business (2016-2021)
13.1.5 Verizon Recent Development
13.2 AT&T
13.2.1 AT&T Company Details
13.2.2 AT&T Business Overview and Its Total Revenue
13.2.3 AT&T Telecom API Introduction
13.2.4 AT&T Revenue in Telecom API Business (2016-2021)
13.2.5 AT&T Recent Development
13.3 China Mobile
13.3.1 China Mobile Company Details
13.3.2 China Mobile Business Overview and Its Total Revenue
13.3.3 China Mobile Telecom API Introduction
13.3.4 China Mobile Revenue in Telecom API Business (2016-2021)
13.3.5 China Mobile Recent Development
13.4 Deutsche Telekom AG
13.4.1 Deutsche Telekom AG Company Details
13.4.2 Deutsche Telekom AG Business Overview and Its Total Revenue
13.4.3 Deutsche Telekom AG Telecom API Introduction
13.4.4 Deutsche Telekom AG Revenue in Telecom API Business (2016-2021)
13.4.5 Deutsche Telekom AG Recent Development
13.5 Softbank
13.5.1 Softbank Company Details
13.5.2 Softbank Business Overview and Its Total Revenue
13.5.3 Softbank Telecom API Introduction
13.5.4 Softbank Revenue in Telecom API Business (2016-2021)
13.5.5 Softbank Recent Development
13.6 China Telecom
13.6.1 China Telecom Company Details
13.6.2 China Telecom Business Overview and Its Total Revenue
13.6.3 China Telecom Telecom API Introduction
13.6.4 China Telecom Revenue in Telecom API Business (2016-2021)
13.6.5 China Telecom Recent Development
13.7 Telefonica
13.7.1 Telefonica Company Details
13.7.2 Telefonica Business Overview and Its Total Revenue
13.7.3 Telefonica Telecom API Introduction
13.7.4 Telefonica Revenue in Telecom API Business (2016-2021)
13.7.5 Telefonica Recent Development
13.8 Vodafone
13.8.1 Vodafone Company Details
13.8.2 Vodafone Business Overview and Its Total Revenue
13.8.3 Vodafone Telecom API Introduction
13.8.4 Vodafone Revenue in Telecom API Business (2016-2021)
13.8.5 Vodafone Recent Development
13.9 America Movil
13.9.1 America Movil Company Details
13.9.2 America Movil Business Overview and Its Total Revenue
13.9.3 America Movil Telecom API Introduction
13.9.4 America Movil Revenue in Telecom API Business (2016-2021)
13.9.5 America Movil Recent Development
13.10 Orange
13.10.1 Orange Company Details
13.10.2 Orange Business Overview and Its Total Revenue
13.10.3 Orange Telecom API Introduction
13.10.4 Orange Revenue in Telecom API Business (2016-2021)
13.10.5 Orange Recent Development
13.11 AU By KDDI
10.11.1 AU By KDDI Company Details
10.11.2 AU By KDDI Business Overview and Its Total Revenue
10.11.3 AU By KDDI Telecom API Introduction
10.11.4 AU By KDDI Revenue in Telecom API Business (2016-2021)
10.11.5 AU By KDDI Recent Development
13.12 China Unicom
10.12.1 China Unicom Company Details
10.12.2 China Unicom Business Overview and Its Total Revenue
10.12.3 China Unicom Telecom API Introduction
10.12.4 China Unicom Revenue in Telecom API Business (2016-2021)
10.12.5 China Unicom Recent Development
13.13 NTT DOCOMO
10.13.1 NTT DOCOMO Company Details
10.13.2 NTT DOCOMO Business Overview and Its Total Revenue
10.13.3 NTT DOCOMO Telecom API Introduction
10.13.4 NTT DOCOMO Revenue in Telecom API Business (2016-2021)
10.13.5 NTT DOCOMO Recent Development
13.14 SK Telecom
10.14.1 SK Telecom Company Details
10.14.2 SK Telecom Business Overview and Its Total Revenue
10.14.3 SK Telecom Telecom API Introduction
10.14.4 SK Telecom Revenue in Telecom API Business (2016-2021)
10.14.5 SK Telecom Recent Development
13.15 Bharti Airtel Limited
10.15.1 Bharti Airtel Limited Company Details
10.15.2 Bharti Airtel Limited Business Overview and Its Total Revenue
10.15.3 Bharti Airtel Limited Telecom API Introduction
10.15.4 Bharti Airtel Limited Revenue in Telecom API Business (2016-2021)
10.15.5 Bharti Airtel Limited Recent Development
13.16 LG Uplus
10.16.1 LG Uplus Company Details
10.16.2 LG Uplus Business Overview and Its Total Revenue
10.16.3 LG Uplus Telecom API Introduction
10.16.4 LG Uplus Revenue in Telecom API Business (2016-2021)
10.16.5 LG Uplus Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
}})
Select a license type that suits your business needs
US $3950
Only Three Thousand Nine Hundred Fifty US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4950
Only Four Thousand Nine Hundred Fifty US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5950
Only Five Thousand Nine Hundred Fifty US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI