Global Telecom API Strategic Business Report 2023: Internet Usage Patterns Widen the Opportunity for Telecom APIs

Dublin, June 21, 2023 (GLOBE NEWSWIRE) -- The "Telecom API: Global Strategic Business Report" report has been added to's offering.

The global market for Telecom API estimated at US$248 Billion in the year 2022, is projected to reach a revised size of US$771.5 Billion by 2030, growing at a CAGR of 15.2% over the analysis period 2022-2030.

SMS, MMS & RCS, one of the segments analyzed in the report, is projected to record a 16.2% CAGR and reach US$278.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the IVR/Voice Store & Voice Control segment is readjusted to a revised 14.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $77.2 Billion, While China is Forecast to Grow at 18.4% CAGR

The Telecom API market in the U.S. is estimated at US$77.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$114.6 Billion by the year 2030 trailing a CAGR of 18.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.2% and 14.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$90.5 Billion by the year 2030.

Select Competitors (Total 130 Featured) -

  • ALE International SAS
  • Apigee Corporation
  • Aspect Software, Inc.
  • AT&T, Inc.
  • BICS
  • Cisco Systems, Inc.
  • Fortumo
  • Google LLC
  • hSenid Mobile Solutions
  • Huawei Technologies Co., Ltd.
  • Infobip Ltd.
  • LocationSmart
  • Mavenir
  • MessageBird
  • MuleSoft, LLC
  • Nokia Corporation
  • Oracle Corporation
  • Orange S.A.
  • RapidAPI
  • Ribbon Communications Operating Company, Inc.
  • Syniverse Technologies LLC
  • Telstra Corporation Limited
  • Twilio
  • tyntec Group Limited
  • Verizon Communication, Inc.
  • Vidyo, Inc.
  • Vonage

Key Attributes:

Report AttributeDetails
No. of Pages553
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$248 Billion
Forecasted Market Value (USD) by 2030$771.5 Billion
Compound Annual Growth Rate15.2%
Regions CoveredGlobal

Key Topics Covered:




  • Telecom API - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 and a Looming Global Recession
  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
  • COVID-19 Fast-Tracks Mobility Initiatives Jacking Up API Market
  • WFM Employees as a % of the Total Workforce
  • API Adoption to Aid Covid-19 Tracking
  • An Introduction to Telecom Application Programming Interface (API)
  • The Digital Revolution
  • The Business Potential
  • APIs Monetize Network Assets
  • Telecom API and AI
  • Opportunities with 5G
  • APIs - An Essential Element of Modern Telecom Networks: Global Market Prospects & Outlook
  • Growth Drivers for Telecom APIs
  • Developing Countries to Empower Start-ups
  • Challenges for Telecom API Market
  • Analysis by API Type
  • World Telecom API Market by API Type (2020 & 2027): Percentage Breakdown of Revenues for SMS, MMS & RCS; IVR/Voice Store & Voice Control; Payment; Location; WEBRTC; and Other API Types
  • Analysis by User Type: Enterprise Developers Lead the Market
  • World Telecom API Market by User Type (2020 & 2027): Percentage Breakdown of Revenues for Enterprise, Partner, Internal, and Long Tail
  • Regional Analysis: North America, Largest Market for Telecom APIs
  • World Telecom API Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • Global Telecom API Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, USA, Canada, Africa, Europe, and Japan
  • Competitive Scenario
  • API Development Gains Strong Ground in Telecom Sector
  • Recent Market Activity



  • Growing Role of WebRTC Augurs Well
  • Rise in Demand for Voice APIs
  • SMS, MMS, & RCS APIs Steer Overall Growth
  • Internet Usage Patterns Widen the Opportunity for Telecom APIs
  • Expanding Mobile Internet User Base & Consumption Bodes Well
  • Global Mobile Internet Market (2020): Percentage Share Breakdown of Revenues for by Data Service Category Mobile Internet Category Revenue Composition (in %)
  • Global Smartphone Subscription Breakdown by Technology
  • Smartphone Usage Trends Favor Growth
  • Global Market for Smartphones in Billions: 2016-2021
  • Smartphone Penetration Rate as Share of Total Population: 2016-2021
  • World Tablet PCs Market: Breakdown of Annual Volume Sales (in Million Units) for the Years 2013, 2018 & 2019
  • Growing Uptake of eCommerce Enhances Opportunities
  • Payment APIs Set to Make Big Gains
  • Mobile Edge Computing Widens Use Case
  • Market to Gain from Growing Adoption of IoT & M2M
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
  • Location-Based Applications Elevate the Demand Location API
  • Increased Relevance of IVR Improves the Prospects for IVR API
  • Growing Focus on Enterprise Mobility Management Augurs Well
  • Key Benefits Encouraging Mobility Trend among Enterprises Ranked by Importance Attached by Enterprises
  • Key Elements Targeted for Managed Mobility Deployments in the Short-Term Ranked by Priority Attached by Enterprise IT Departments
  • Global Workforce Population (2009, 2017, & 2024): Percentage Share Breakdown of Employees by Nature of Work
  • API in the Era of Artificial Intelligence
  • Restricting API Misuse




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Global Market for Telecom API

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