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Telecom API Market Worth 231.86 Billion USD by 2021
  • India - English


News provided by

MarketsandMarkets

Mar 13, 2017, 07:30 ET

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PUNE, India, March 13, 2017 /PRNewswire/ --

According to a new market research report  "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", published by MarketsandMarkets, the global 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%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 35 Tables and 52 Figures spread through 119 Pages and in-depth TOC on "Telecom API Market"

http://www.marketsandmarkets.com/Market-Reports/telecom-api-market-257220042.html

Early buyers will receive 10% customization on this report. 

Improving telecom API user experience, monetization of telecom operator services, rising demand for advanced telecom services over the internet, and increasing adoption of M2M devices among end-users are some of the driving factors of the Telecom API Market.

Request Report Brochure @ http://www.marketsandmarkets.com/requestsample.asp?id=257220042

SMS, MMS, and RCS APIs to play a key role in the Telecom API Market by 2021 

The Short Message Service (SMS), Multimedia Messaging Service (MMS), and Rich Communication Services (RCS) APIs segment has the largest market share in the Telecom API Market during the forecast period. The market share is expected to grow because of the increasing need for monetization of telecom carrier services and significance of improving mobile app developer experience. Interactive Voice Response (IVR)/voice store and voice control API has the second largest market share during the forecast period due to the increasing adoption of M2M devices among end-users.

Increasing adoption of IoT will drive the global telecom market 

Increasing adoption of IoT drives the global Telecom API Market. Among telecom API user market, the partner developer market is expected to grow at the highest rate, followed by internal developer. The partner developer enables solution developers to access their different APIs and use these APIs to develop applications and extension of these applications to build and develop solutions that are more sophisticated for clients.

The North American region is expected to contribute the largest market share in the Telecom API Market 

North America is expected to hold the largest market share in the Telecom API Market during the forecast period. This is due to the increase in use of smartphones and mobile applications. The increasing innovative developments and technological advancements are benefiting all the stakeholders present in the telecom API ecosystem in this region.

The major vendors in the Telecom API Market are Vodafone Group PLC (London, U.K.), Twilio, Inc. (California, U.S.), Alcatel-Lucent (Boulogne-Billancourt, France), AT&T, Inc. (Texas, U.S.) Telefonica (Madrid, Spain), Apigee Corporation (California, U.S.), Orange S.A. (Paris, France), Verizon Communications, Inc. (New York, U.S.), Xura, Inc. (Massachusetts, U.S.), Nexmo, Inc. (California, U.S.), Fortumo (Tartu, Estonia), LocationSmart (California, U.S.), Tropo, Inc. (California, U.S.), and Aspect Software (Massachusetts, U.S.).

Make an Enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=257220042

Browse Related Reports:

Telecom Cloud Billing Market by Type of Billing (Convergent, Prepaid, Postpaid, Interconnect), Cloud Platform, Deployment, End User, Service, Rate of Charging Mode, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/telecom-cloud-billing-market-163676005.html

Mobile Enterprise Application Market by Software (Accounting & Finance, ERP, Communication & Collaboration, and CRM), Operating System (Android, iOS, and Windows), Type of App, Organization Size, Industry Vertical, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/mobile-enterprise-application-market-150461084.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets  

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: [email protected]


Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

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