Tuesday, October 31, 2017
Telecom API Market 2016: Market Size, Industry Analysis Report by Credence Research
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According to a new market
research report published by Credence Research “Telecom
API Market (Service–SMS, MMS and RCS, Payment, Maps and
Location, Identity Management, Voice/Speech, Web RTC and Others) - Growth, Share,
Opportunities, Competitive Analysis and Forecast 2016 - 2023”,the global
telecom API market was valued at US$59.44Bn in 2016 and is estimated to expand with
a CAGR of 20.2% from 2016 to 2023.
Market
Insights
With the ever rising
penetration of smartphones coupled with internet services, there has been an
increased need for alternatives in revenue generation for telecom operators. In
the recent years, mobile applications have witnessed profound adoption among
mobile devices users. Although the demand for telecom operator-based internet
bandwidth has increased substantially in the recent years, neither consumer nor
operators are satisfied with the demand-supply gap (cost). In addition, due to
increasing use of over-the-top (OTT) content services, consumers pay more for
internet bandwidth as compared to traditional telecom services. However,
internet bandwidth is a small source of revenue which becomes a concern for
telecom operators, irrespective of the demand.
As an attempt to counter
the aforementioned threat, telecom operators begun to expose their APIs to
internal as well as external application developers. By providing valuable
information such as location, billing and messaging, telecom operators get an
additional and reliable source of revenue. The telecom API market is largely
driven by the rising penetration of smartphones, mobile applications and OTT
content services worldwide. Currently, merely one fourth of the total mobile
applications use APIs leaving large room for telecom API providers. With
the further rise in mobile applications, the demand for telecom API is
estimated to increase substantially in the coming years.
Competitive
Insights:
The global telecom
APImarket is highly competitive in nature with large number of telecom API
providers struggling to develop value-added services. Majority of the telecom
API providers emphasize on providing API service for SMS, MMS and identity
management to the telecom operators. The nature of API service is largely
dependent upon the requirement of mobile applications popularly used.
Subsequently, the trend of providing messaging and identity management API is
expected to continue during the forecast period. Another major area of focus
for the telecom API providers is upcoming applications such as WebRTC. Due to
its rising popularity, many telecom API providers are expected to focus on
providing WebRTC API to telecom operators in the coming years.
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ToC:
Chapter
1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter
2 Executive Summary
2.1 Market Snapshot: Global Telecom API Market
2.2 Global Telecom API Market, By Service
2.3 Global Telecom API Market, By User
2.4 Global Telecom API Market, By Geography…….
2.1 Market Snapshot: Global Telecom API Market
2.2 Global Telecom API Market, By Service
2.3 Global Telecom API Market, By User
2.4 Global Telecom API Market, By Geography…….
Key Trends:
- Focus on providing telecom API for
SMS, MMS, identity management and WebRTC
- Focus on markets such as India,
China and the U.S. having huge consumer
- Partnership with telecom operators
- Development of value-added services
By
Type of API
- SMS, MMS, and RCS API
- WebRTC API
- Payment API
- Content Delivery API
- ID/SSO and subscriber API
- IVR/voice store and voice control
API
- M2M and IoT API
- Location API
- Others
By
User Type
- Enterprise developer
- Internal developer
- Partner developer
- Long tail developer
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Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com
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