Global Telecom API Platform Market In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2022

Posted on 2018-03-30 by Mark Hub in Technology // 0 Comments

Albany, USA, 2018-Mar-30 — /EPR Network/ —Market Research Reports Search Engine (MRRSE) has been acting as an impressive data source when it comes to evaluating various industrial verticals. The research report titled “Telecom API Platform Market (By Telecom Operators – T1 Players, T2 Players, T3 Players; By Module – Set-Up, Monetization and Pricing Model) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022” offers a clear insight about the Telecom API Platform Market by Technology assessed over the global platform. This analysis proves beneficial for readers & new investors who are aiming to enter for Telecom API Platform Market by Technology in the near future.

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The global telecom application programming interface (API) platform market features an intensely competitive landscape with the presence of a vast number of players,. Owing to a steady expansion of telecommunication application ecosystem spanning numerous industries, the market is witnessing a constant influx of players that help in sustaining the high level of competition. Some of the leading companies in the telecom API platform market are Tropo, Inc., Alcatel-Lucent, Aepona Ltd., Twilio Inc., LocationSmart, Apigee Corp., and Comverse Technology, Inc.

The leading players in the market are capitalizing on surging opportunities in the machine-to-machine (M2M) devices market,. Several telecom operators are increasingly entering into partnerships with various API management service providers, such as Apigee Corp. and Alcatel Lucent, in a move to consolidate their shares in various regions. Several telecom API platform developers are adopting long-tail strategy of targeting ambitious developers, including enterprise developers, in order to emerge as a prominent player globally. A number of players operating in the API platform market for telecommunication opt for strategic acquisitions in order to occupy a sustained shsare.

The global telecom API platform market is projected to rise at a CAGR of 23.6% during 2014 – 2022. The market stood at US$73.49 bn in 2015 and is projected to reach US$323.44 bn by the end of the forecast period.

Regionally, North America is the leading market for telecom API platforms with the major chunk of opportunities coming from countries such as the U.S. and Canada, primarily attributed to the substantial adoption of M2M communication technologies for mobile applications. Based on end-use application segment, long-tail developers (independent developers) is expected to rise at the leading CAGR of 25.9% from 2015 to 2020. The growth is primarily driven by the substantial demand for new mobile applications among technology companies.

Proliferation of Cloud-Based Mobile Applications to Bolster Uptake

The rising adoption of browser-based internet services in various regions and the proliferation of cloud-based applications are the key factors driving the global telecom API platform market. The intensifying demand for a robust digital ecosystem in several industries is a key trend bolstering the demand for API platforms in the telecom sector. The soaring popularity of 4G LTE networks in developing and developed markets is a key factor expected to boost the market. In addition, the rising demand for integrating app from disparate operators to build industry-wide robust apps for augmenting network capabilities is a key trend expected to boost the telecom API platform market in the coming years. The growing popularity of mobile cloud applications is fueled by the growing demand for voice API services, which is expected to bolster the uptake in the coming years.

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The rising inclination of some prominent technology companies to open their platforms for long-tail developers is expected to catalyze the market over the forecast period. The rising prominence of enterprise developers in the development of telecom API platforms is stimulated by the accelerated demand for customized applications in mobile devices. In addition, the growing popularity of A2P (application-to-person) SMS messaging is further anticipated to accentuate the demand.

Reluctance of Telecom Providers to Engage External API Developers Hampers Growth

The reluctance of a marked number of telecom providers to shy away from engaging external app developers as these companies develop platforms that offer little scope to these developers in innovation. This has made a dent in their earning in the highly competitive telecom sector, as a result of which their focus on developing API platforms has taken a backseat. Nevertheless, in an effort to explore new revenue streams, they are realizing the importance of faster time-to-innovation for new telecom applications and services. This is expected to open lucrative growth avenues for players in telecom API platform market.

The report also includes competitive profiling of major players engaged in developing telecom API platforms. Major business strategies adopted by them, their market positioning, and their recent developments have also been identified in the research report. This report also provides market positioning analysis of major players in the telecom API platform market based on their 2014 revenues. Players profiled in the report include Alcatel-Lucent S.A., Aepona Ltd., Apigee Corp., Huawei Technologies Co. Ltd., Oracle Corp., Hewlett-Packard Development Co., LM Ericsson, Tropo, Inc., Axway Software S.A., and ZTE Soft Technology Co., Ltd.

The global telecom API platform market is segmented as below:

Telecom API Platform Market

By Telecom Operator

T1 Players
T2 Players
T3 Players

By Module

Set-up
Monetization and Pricing Model
- Operator Share
- Vendor Share

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