API Market stands for Application Programming Interface, which offers the routines, protocols and tools for the application building. Telecom API Market provides a platform for a wide range of information transmitting technologies and communications infrastructures. It allows the telecom applications to communicate with each other, for several functionalities. Telecom API offers services to a large number of external developers. It can be entirely customized based on the needs of the industry. 

Telecom API Market Outlook

Globally, the increasing adoption of IoT drives the growth of the telecom API market. Increasing user’s inclination towards cloud-based technology boost the demand for wireless communication technology, which positively impact the growth of the telecom API market.

Telecom API Market Segmental Overview

The study analyses the global telecom API market based on type, end-users and geography.  

Telecom API Market by Type

Major types of telecom API covered in the study are SMS, MMS, RCS, WebRTC, Payment, M2M IoT, Content Delivery. The SMS segment is expected to contribute major share in the Telecom API market as it supports bi-directional Unicode and emojis, redundant network, reliable delivery, and data security.

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Telecom API Market by User Type

By user type telecom API market is segmented into enterprise developer, long tail developer, partner developer and internal telecom developer. The enterprise segment is expected to be major dominating segment in the telecom API market. The increasing adoption of mobility tools like managed services, custom services, storage solutions and enterprise solution fuels the growth of the enterprise developer segment in the telecom API market.

Telecom API Market Key Players

The key competitors of the market   Vodafone Group PLC (London, U.K.), Twilio, Inc. (California, U.S.), Alcatel-Lucent (Boulogne-Billancourt, France), ATT, Inc. (Texas, U.S.) Telefonica (Madrid, Spain), Apigee Corporation (California, U.S.), Orange S.A. (Paris, France), Verizon Communications, Inc. (New York, U.S.), Xura, Inc. (Massachusetts, U.S.), Nexmo, Inc. (California, U.S.), Fortumo (Tartu, Estonia), LocationSmart (California, U.S.), Tropo, Inc. (California, U.S.), and Aspect Software (Massachusetts, U.S.).and others

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