DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Telecom API Market by Type of API (SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery, Location, ID/SSO & Subscriber), User Type (Enterprise, Partner, Internal, Long Tail), and Region - Global Forecast to 2021" report to their offering.
Increasing need for monetizing telecom carrier services is driving the smart education and learning market
The telecom Application Programming Interface (API) market size is estimated to grow from USD 93.69 billion in 2016 to USD 231.86 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.87%.
Improving telecom API user experience, monetization of telecom operator services, rising demand for advanced telecom services over the internet, increasing adoption of M2M devices among end-users are some of the driving factors of the telecom API market.
However, commercial gap in carrier product offerings and government policies and regulations pertaining to the telecommunications industry are some of the restraining factors that may hamper business critical functions in the telecom API market.
The location API market is expected to be the fastest growing market in the telecom API market during the forecast period
Location API is the fastest growing market that helps in driving the telecom API market during the forecast period. The booming interest in location-based services spanning the verticals is driving the growth of this segment.
Enterprise developer user is expected to hold the largest market share in the telecom API market during the forecast period
The enterprise developer user segment is expected to have the largest market share during the forecast period, because of rising demand for advanced telecom services over the internet. Besides enterprise developer, the partner developer user is expected to have the second largest market share in the telecom API market during the forecast period.
APAC is expected to grow at the highest rate during the forecast period
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Telecom API Market Analysis, By Type of API
8 Telecom API Market Analysis, By User
9 Global Telecom API Market, By Region
10 Competitive Landscape
11 Company Profiles
- Alcatel-Lucent S.A.
- Apigee Corporation
- Aspect Software.
- AT&T, Inc.
- Nexmo, Inc.
- Orange SA
- Telefonica S.A.
- Tropo, Inc
- Twillo, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC
For more information about this report visit http://www.researchandmarkets.com/research/lsvm9l/telecom_api