Sarasota, FL -- (SBWire) -- 11/09/2016 --The report covers forecast and analysis for the telecom API market on a global and regional level. According to the report, the global telecom API market was valued at approximately USD 54.5 billion in 2015 and is expected to reach approximately USD 310.0 billion by 2021, growing at a CAGR of around 22.0 % between 2016 and 2021. The study includes drivers and restraints for the telecom API market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the telecom API market on a global level.
In order to give the users of this report a comprehensive view on the telecom API. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the telecom API market has also been included. The study encompasses a market attractiveness analysis, wherein service segments and user segments are benchmarked based on their market size, growth rate and general attractiveness.
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Based on different services provided by telecom API, this market is segmented into SMS, MMS & RCS, maps & location, voice/speech, identity management, web-RTC and others. The voice/speech service held the majority share in 2015 in terms of revenue. This growth is mainly attributed to increasing use of voice API by partner and enterprise developers. Payment is another leading segment and expected to experience significant growth within the forecast period. This is mainly due to increasing use of mobile payment applications in different region.
Enterprise developer, internal telecom developer, long tail developer and partner developer are the key users include in telecom API market. The enterprise developer dominated the telecom API market and it accounted for almost 30.5% share of the total market in 2015. This was mainly due to strong revenue generation offered by enterprise developers while integrating telecom API. Long tail developer expected experience robust growth during the forecast period. Partner developer is another key outlet for telecom API.
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The study provides a decisive view on the telecom API market by segmenting the market based on services, users and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Based on services the market is segmented into sms, mms & rcs, payment, voice/speech, maps & location, identity management, web-RTC and others. Key user market covered under this study includes internal telecom developer, enterprise developer and partner developer users. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for telecom API based on individual users in all the regions and countries.
The report also includes detailed profiles of end players such as Nexmo Inc., Comverse Inc., Aepona Ltd., Fortumo OU, Twilio Inc., Tropo Inc., LocationSmart, AT&T Inc., Apigee Corp., Orage, and Alcatel-Lucent. The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.
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This report segments the global telecom API market as follows:
Global Telecom API Market: Services Segment Analysis
SMS, MMS &
Payment
Voice/Speech
Maps & Location
Identity Management
Web-RTC
Others
Global Telecom API Market: User Segment Analysis
Internal Telecom Developer
Enterprise Developer
Long Tail Developer
Partner Developer
Global Telecom API Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
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Worldwide Telecom API Market Expected to Rise USD Around 310.0 Billion by 2021
Global Telecom API Market Set for Rapid Growth to Reach USD around 310.0 Billion by 2021