Telecom Application Programming Interface Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Telecom Application Programming Interface (API) Market covers analysis by Service Types and User Types, and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPTE100000110
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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Application programming interface (API), also called as middleware is a set of standard software functions designed for process efficiency. API is the interface between the resource of the device and application on which it is used. API is used to develop services and applications which are free from the device boundaries on which the program will run. Telecom APIs permits application developers to accumulate services such as payment, SMS and webRTC into their mobile applications, which results in producing increased proceedings per user, offers improved experience to customers and augmented adoption of their applications. Huge investment are made by the telecom carriers to set up their own API platform in corporation with aggregators and service providers, with an intention to maximize profits. Telecom carriers can face the challenges from over-the-top (OTT) service providers.

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.

The North America hold the major market share of global API market mostly due to early adoption of 4G/LTE and tremendously high rate of smartphone users. Also, North America has extensively large community of API developers. Asia Pacific is expected to experience high growth in market for global API in the forecast period. The rapid progression rate for adoption of 4G is one of the key reason for the global API market growth. Moreover, the growing use of M2M devices and increasing number of mobile users are the other factors responsible for the rise in the growth for global API market.

Some of the chief players in the telecom API market are Fortumo OU, Huawei Technologies Co. Ltd., LocationSmart, Alcatel-Lucent, LM Ericsson, Tropo, Inc., Comverse, Inc., Hewlett-Packard Development Co., Apigee Corp, Axway Software S.A., Aepona Ltd., ZTE Soft Technology Co., Ltd., Twilio, Inc., Oracle Corp., Nexmo, Inc., AT&T Inc. and Orange S.A.among others. REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Companies Mentioned

- Fortumo OU
- Huawei Technologies Co. Ltd.
- LocationSmart
- Alcatel-Lucent
- LM Ericsson
- Tropo, Inc.
- Comverse, Inc.
- Hewlett-Packard Development Co.
- Apigee Corp
- Axway Software S.A.
- Aepona Ltd.
- ZTE Soft Technology Co.Ltd.
- Twilio, Inc.
- Oracle Corp.
- Nexmo, Inc.
- AT&T Inc.
- Orange S.A.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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