The global telecom API market is estimated to expand at 18 % CAGR during the assessment period (2016-2022). The market is expected to reach USD 258 billion by 2022 owing to the rapid penetration of cloud-based technologies. API or Application Programming Interface is a set of programming standards and programming instructions for accessing a web-based software application. An application programming interface, Telecom API plays an important role in developing any big software. Telecom APIs market the mobile application among the end-users and improve customer experience.

Segmental Analysis

The global telecom API market has been segmented on the basis of type, service, identity management, user-type, and region.

By mode of type, the market has been segmented into Service Configuration Management (SCM), Location Determination Data, Presence Detection Data, Subscriber Data Management (SDM), and others.

By mode of service, the market has been segmented into SMS, Location API, Payment API, MMS and RCS API.

By mode of identity management, the market has been segmented into WebRTC and others.

By mode of user type, [FURL=https://www.marketresearchfuture.com/reports/telecom-api-market-2349]Telecom API Market Size[/FURL] has been segmented into partner developer, long tail developer, internal telecom developer, enterprise developer, and others. Among these, the segment for enterprise developer has led the market consistently over the review period owing to their large-scale usage.

Competitive Analysis

Some of the major players operating the market are LocationSmart (U.S.), Verizon Communications Inc. (U.S.), Vodafone Group PLC (U.K.), Alcatel-Lucent (France), Orange S.A. (France), Aspect Software (U.S.), Apigee Corporation (U.S.), Telefonica (Spain), AT&T Inc. (U.S.), Nexmo Inc. (U.S.), Fortumo (Estonia), and others

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