Telecom Network API Market Report 2024 (Global Edition)

Global Telecom Network API Market Report 2024 Market Size Split by Application (VoLTE, VoIP, Identity Management/SSO, Network Security, Content Delivery Networks, Customer Experiences Management (CEM)...

Telecom Network API Market Report Description

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Telecom Network API Market Insights Video

Competitive Landscape of the Telecom Network API Market

The competitive landscape of the telecom network API market, including telecom majors, tech businesses, and rising startups, is engaged in heated competition. Innovative API solutions for 5G, the Internet of Things, and cloud computing are available from a variety of IT companies. In order to broaden their customer base and improve their service, many companies form strategic alliances and conduct mergers. Key players in the market include Twilio (US), AT&T (US), Vodafone Group (UK), Google (US), Telefonica (Spain), Verizon (US), Ericsson (Sweden), Deutsche Telekom (Germany), Orange SA (France), Cisco (US), Nokia (Finland), Huawei (China), Bharti Airtel (India), Mavenir (US), Boku (US), RapidAPI (US), LocationSmart (US), SMSLOTS (Turkey), Xeebi (US), Plivo (US), Tenios (Germany), EnableX (Singapore), MessageBird (Netherlands), and Telnyx (US).

July 2024: Twilio Inc., a customer engagement platform that powers personalized, real-time experiences for top brands, has announced today that it has been named a Leader in the Communications Platform as a Service (CPaaS) by Gartner for its CPaaS platform1 for the second year running. Out of all the companies we evaluated, Twilio had the best “Ability to Execute.” Certain criteria were used to assess the company's completeness of vision and ability to execute. (Source:https://ir.amkor.com/news-releases/news-release-details/amkor-technology-signs-commitment-science-based-targets) August 2024: AT&T Fiber has the fastest and most reliable internet speeds in the United States. In its most recent Speedtest® Connectivity Report, Ookla® says that AT&T Fiber is the best and most reliable fixed internet service provider. (Source:https://about.att.com/story/2024/americas-fastest-internet.html) July 2024: Vodafone Business and its strategic partner RingCentral, Inc. have launched their cloud-based unified communications-as-a-service (UCaaS) platform in 20 countries worldwide. This platform combines voice calling, videoconferencing, and instant messaging, and they plan to add more than 30 markets to it by the beginning of 2025. (Source:https://www.vodafone.com/news/technology/vodafone-business-to-extend-unified-communications-platform-to-more-than-30-countries-globally)

Top Companies Market Share in Telecom Network API Industry: (In no particular order of Rank)

• Twilio
• AT&T
• Vodafone Group
• Google
• Telefonica
• Verizon
• Ericsson
• Deutsche Telekom
• Orange SA
• Cisco
• Nokia
• Huawei
• Bharti Airtel
• Mavenir
• Boku
• RapidAPI
• LocationSmart
• SMSLOTS
• Xeebi
• Plivo
• Tenios
• EnableX
• MessageBird
• Telnyx
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Telecom Network API Market

Which Region Dominates the Telecom Network API Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of its advanced technology infrastructure, widespread use of 5G and IoT, large investments in API development, and a strong influence of major telecom companies that drive innovation and service delivery.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the telecom network API market as a result of rising smartphone adoption, significant technological breakthroughs, and the expansion of 5G infrastructure. Government programs and investments in the region’s telecom infrastructure boost API usage. Additionally, internet of Things applications and smart city initiatives are becoming increasingly popular, which is driving market growth in the Asia Pacific region.

The current report Scope analyzes Telecom Network API Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Telecom Network API Market

According to Cognitive Market Research, the global telecom network API market size was estimated at USD 325451.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 130180.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the telecom network API market with a market size of USD 102712.49 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. The nation's advancements in services technology.
• The Canada telecom network API market had a market share of USD 15621.67 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. Canada's strict government telecom network rules in developing nations.
• The Mexico telecom network API market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 11846.43 million in 2024.

Europe Telecom Network API Market

According to Cognitive Market Research, the global telecom network API market size was estimated at USD 325451.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 97635.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom telecom network API market had a market share of USD 16402.76 million in 2024 and is projected to grow at a CAGR of 13.8% during the forecast period. In the UK, telecom network API sales witness an upswing due to the nation's rising demand for this technology.
• The France telecom network API market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 8982.46 million in 2024.
• According to Cognitive Market Research, the German telecom network API market size was valued at USD 19331.82 million in 2024 and is projected to grow at a CAGR of 13.2% during the forecast period. In Germany, telecom network API surged due to the presence of major market players.
• The Italy telecom network API market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 8396.65 million in 2024.
• The Russia telecom network API market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 15133.49 million in 2024.
• The Spain telecom network API market is projected to witness growth at a CAGR of 12.1% during the forecast period with a market size of USD 8006.11 million in 2024
• The Luxembourg telecom network API market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 3026.70 million in 2024.
• The Portugal telecom network API market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 2050.34 million in 2024.
• The Greece telecom network API market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 1171.63 million in 2024.
• Rest of Europe's telecom network API market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 15133.49 million in 2024.

Asia Pacific Telecom Network API Market

According to Cognitive Market Research, the global telecom network API market size was estimated at USD 130180.60 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 74853.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.

• According to Cognitive Market Research, the China telecom network API market size was valued at USD 33684.23 million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. Telecom network API surged in China due to the adoption of various advanced technologies.
• The Japan telecom network API market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 10329.83 million in 2024.
• The India telecom network API market had a market share of USD 8982.46 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. India's supportive initiatives taken by the government.
• The South Korean telecom network API market is projected to witness growth at a CAGR of 15.6% during the forecast period, with a market size of USD 7485.38 million in 2024.
• The Australian telecom network API market is projected to witness growth at a CAGR of 16.2% during the forecast period, with a market size of USD 3892.40 million in 2024.
• The South East Asia telecom network API market is projected to witness growth at a CAGR of 17.5% during the forecast period, with a market size of USD 5164.92 million in 2024.
• The Rest of Asia Pacific telecom network API market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 5314.62 million in 2024.

South America Telecom Network API Market

According to Cognitive Market Research, the global telecom network API market size was estimated at USD 325451.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 16272.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil telecom network API market size was valued at USD 6964.66 million in 2024 and is projected to grow at a CAGR of 14.5% during the forecast period. Telecom network APIs flourished in Brazil due to the innovation in service technology.
• Argentina's telecom network API market had a market share of USD 2733.79 million in 2024 and is projected to grow at a CAGR of 14.8% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia’s telecom network API market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 1448.26 million in 2024.
• Peru’s telecom network API market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD 1334.35 million in 2024.
• Chile’s telecom network API market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 1171.63 million in 2024.
• The Rest of Latin America's telecom network API market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 2619.88 million in 2024.

Middle East and Africa Telecom Network API Market

According to Cognitive Market Research, the global telecom network API market size was estimated at USD 325451.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 6509.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031..

• The GCC Countries’ telecom network API market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 2785.86 million in 2024. Telecom network API sales flourish due to the presence of major market players.
• The Egypt telecom network API market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 683.45 million in 2024.
• The South Africa telecom network API market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 1028.43 million in 2024. Telecom network API sales flourish in South Africa due to technological advancements, increasing service demand, and regulatory support.
• The Turkey telecom network API market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 559.78 million in 2024.
• The Nigeria telecom network API market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 683.45 million in 2024.
• The Rest of the MEA telecom network API market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 768.07 million in 2024.

Telecom Network API Market Analysis

Telecom Network API Market Application Segment Analysis

According to Cognitive Market Research, IoT network connectivity and security stands out as the dominant category over the projected period because the demand for trustworthy, scalable solutions to oversee extensive IoT ecosystems is on the rise. Drivers of market growth, APIs address difficulties in connection, data management, and device protection through seamless integration and robust security measures.

Customer experiences management (CEM) emerges as the fastest-growing category in the telecom network API market because improving user satisfaction and retention is becoming an increasingly important emphasis. By utilizing telecom network APIs, telecom providers can better understand customer behavior, tailor services to individual needs, and enhance the quality of interactions. The competitive environment is driving customer experience management (CEM) growth because it recognizes that a great customer experience is the key to differentiation and long-term success.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Telecom Network API Industry. Request a Free Sample PDF!

Telecom Network API Market End-User Segment Analysis

According to Cognitive Market Research, the dominant category is cloud and network service providers because they can provide solutions that are both scalable and flexible, allowing for the quick launch of new services and innovations. The increasing need for efficient and cost-effective connectivity and improved service delivery across many industries is being met by their infrastructure, which allows telecom services to integrate seamlessly with cloud and network service technologies.

The fastest-growing category in the telecom network API market is telecom operators because they are concentrating on improving service offerings, growing 5G networks, and using APIs to improve network performance, include new features and fulfill the increasing need for innovative digital services and seamless connection.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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