Telecom API Market ? Positive Outlook for Industry Opportunities &?Trends

Posted by RASHMI on April 4th, 2019

Telecom API market represents an overall Application Programming Interface (API) services provided by telecom carriers, service providers and aggregators to application developers in order to create mobile applications. Telecom API helps application developers to integrate various services such as payment, voice, SMS and WebRTC into their mobile application. This helps application developers to enhance their customer experience and market their mobile applications among end-users.

Telecom API provides many benefits to telecom carriers in the form of revenue generation and enhancing end-user experience. Telecom API faces competition from Over-The-Top (OTT) service providers and due to growing adoption of open API platform. However, the increasing adoption of M2M devices among end-users is anticipated to boost the market for telecom API in coming years.

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The demand for telecom API in North America has consistently been very high owing to the constantly increasing demand for mobile applications and an already large number of mobile data users. Their numbers are expected to increase even further over the coming years.

The massive number of unique subscribers in the region is moving towards smartphones at a very fast pace. North America telecom scenario also holds a high penetration of 4G LTE carriers, further improving the scope of demand for telecom API.

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RASHMI

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RASHMI
Joined: February 27th, 2019
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