The global telecom API market will grow at CAGR of 24% from 2015 to 2022 and it is expected to reach US$325 Billion by 2022.
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The global mobile application development community is becoming more aware of Telecom Application Programming Interface (API) as a means of accessing data for a variety of services.
Telecom API market speaks to a general Application Programming Interface (API) services provided by telecom carriers, service providers and aggregators to application designers keeping in mind the end goal to make user friendly mobile applications. Telecom API offers application designers to coordinate different administrations, for example, payment integration, some assistance with voicing, SMS and WebRTC into their mobile application. This helps application engineers to upgrade their client experience and advertise their mobile applications among their end-clients. Telecom API gives numerous advantages to telecom bearers as income era and upgrading end-client experience. Telecom API confronts rivalry from Over-The-Top (OTT) administration suppliers and because of developing selection of open API stage. Notwithstanding, the expanding appropriation of M2M gadgets among end-clients is foreseen to help the business sector for telecom API in coming years.
The telecom API market is categorized based on service types into payment, SMS, MMS and RCS, maps and location, voice/speech, identity management, WebRTC and others. Further, the research report provides complete insights into different users of telecom API such as enterprise developers, internal telecom developers, partner developer and long tail developers. The report analyzes each of these segments for various geographies considered under the scope of the study.
Scope of the Report: