Telecom Application Programming Interface (API) Market to 2025 Telecom Application Programming Interface (API) Ma | Page 3
Telecom Application Programming Interface (API) Market to 2025
API benefits application developers to market their applications to the customers and to improve their experience.
The growing number of smartphone users who are switching to 4G/LTE network and rise in the usage of mobile
application due to increase consumption of mobile internet are the key drivers for an increase in the global API
market. The propagation of cloud technology and mobile internet are significant for the growth of the global API
market. However, OTT service providers are flooding away the margin and revenue of telecom operators, thus
restraining the development of global API market. The global API market is expected to grow with the rise in
adoption of machine-to-machine devices (M2M).
The global API market is segmented on the basis of service type into identity management, maps & location,
payment, voice/speech, webRTC, SMS, MMS & RCS and others (do not disturb and device information). The global
API market also segmented by user type that includes internal telecom developer, long tail developer, enterprise
developer and partner developer. The global API market is further segmented on the basis of regions into North
America, Europe, Asia Pacific, South America and Middle East & Africa.
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