Portland, OR -- (SBWire) -- 01/24/2018 --Telecom Application Program Interface(API) enables a third-party company to access data/information from telecom network operators for application support and delivery of value-added services(VAS) application. Telecom API provider boost their revenue by sharing the APIs with OTT providers so that they charge consumers for extra bandwidth, by providing vast and accurate information to the developers and by sharing the API internally with the programmers to develop better operation solutions. Adoption of telecom API by telecom carriers is expected due to expansion of cloud technologies and mobile internet.
The telecom API market is segmented based on type of API, user type, and region. Based on type of API, it is categorized into short messaging services(SMS), multimedia messaging services(MMS), and rich communication services (RCS) API; web real-time-communications(WebRTC) API, payment API; location API; machine to machine(M2M) &Internet of Things(IoT) API; content delivery API; and others (voice store and voice control API; and ID/single sign-on(SSO) & subscriber API). On the basis of user type, it is classified into partner developer, enterprise developer, long-tail developer, and internal developer.
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The market is analyzed based on four regions, namely, North America, Europe, Asia- Pacific, and LAMEA.
By Type Of API
SMS, MMS, and RCS API
WebRTC AP
Payment API
Location API
M2M & IoT API
Content delivery API
Others (Voice Store & Voice Control API, and ID/SSO, & Subscriber API)
By User Type
Partner Developer
Enterprise Developer
Long-tail Developer
Internal Developer
The leading companies operating in the global telecom API platform market are Hewlett-Packard Development Co., Huawei Technologies Co. Ltd., LM Ericsson, Tropo, Inc., Oracle Corp., Alcatel-Lucent S.A., Axway Software S.A., ZTE Soft Technology Co., Ltd. Nexmo Inc., Comverse Inc., Aepona Ltd., Fortumo OU, Twilio Inc., Tropo Inc., LocationSmart, AT&T Inc., Apigee Corp., and Orage.
Key Findings:
- Telecom API revenue is forecast to reach $207 billion globally by 2022
- Unwanted Call blocking a developing area for carriers to leverage Telecom APIs
- APIs will be a facilitator of data interchange in the emerging Data as a Service (IoTDaaS) marketplace
- APIs will be a key infrastructure element for Identity Database (IDDB), Permissions Database, and Device Discovery Database
- Communication service providers have not yet leveraged Telecom APIs for IoT authentication, but will do so with deployment of 5G IoT
- Communication-enabled app revenue is plateauing while IoT network-support revenue becomes substantial revenue component by 2025
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How the API Movement Is Transforming the Telecom Industry
The major source of revenue for any telecom sector industry is through calls and SMS. But, due to increase in customer demand for over-the-top (OTT) services, such as WhatsApp, Skype, and Netflix, which consumes huge portion of telecom bandwidth, telecom operators are facing loss in revenue generation. Thus, telecom sector is in the search of some alternative, which could control the declining profits and customers increasing bandwidth usage and one such alternative is Telecom application program interface (API).