Technology News & Trends

  Telecom API Market: Introduction The global  telecom API market  is anticipated to reach ~ US$ 1 Trn  by  2030 . The telecom API market is projected to expand at a CAGR of ~ 19%  from  2020  to  2030  based on revenue. According to the report, North America was a significant contributor to the telecom API market in terms of revenue in  2019.  The prominent market share of the region is due to the high adoption of telecom APIs, and increasing adoption of 5G, especially in the U.S. and Canada. The telecom API market in Asia Pacific is expected to expand at a high CAGR during the forecast period. Expansion of Mobile Internet Networks and Advent of 5G  Driving Telecom API Market Advent of 5G technologies is expected to boost the telecom API market during the forecast period. According to GSMA, 5G connections are expected to reach  1.8 billion  by  2025 . As per the TMR analysis, at present, mobile 5G is availa...

The global telecom API market displays a fragmented vendor landscape, reveals Transparency Market Research (TMR) in a new research report. The presence of numerous service providers and aggregators already serve various telecom carriers. In 2014, Alcatel Lucent, Fortumo OU, and Apigee Corp. were leading telecom API providers. Collaborations and partnerships with telecom carriers were key growth strategies employed by leading players to maintain a stronghold in this market.  Despite a fragmented vendor landscape, few leading players hold key shares in the telecom API market. Long presence in the market that helped them attain credibility, along with technological capabilities are key factors behind the prominent position of these players.  According to the TMR report, the global telecom API market is projected to display a whopping 23.6% CAGR between 2015 and 2022. Expanding at this pace, the market is likely to be worth US$323.44 bn by the end of 2022.  Amo...