#Telecom Application Programming Interface (API) Market Share

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The Future is Now: Navigating the Data Monetization Market Evolution

Data Monetization Industry Overview

The global Data Monetization Market was valued at approximately USD 3.24 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 25.8% from 2024 to 2030. Data monetization involves the exchange of data between organizations to generate new revenue streams. This can be categorized into two main types: direct and indirect data monetization. Direct data monetization includes the sale of unprocessed data, the commercialization of a company's analyses, data bartering or trading, and the development of application programming interfaces (APIs). Conversely, indirect monetization focuses on leveraging data to achieve tangible benefits such as cost reduction, enhanced productivity and efficiency, the creation of novel products or services, and the identification of new customer segments or business opportunities. For example, with user consent, Uber shares its ride data with companies in the food and retail sectors, enabling these businesses to identify promising locations for new establishments.

Several factors are expected to propel market growth, including the increasing volume of enterprise data, a growing understanding of data monetization's potential, and the availability of external data sources. Additionally, the rising application of data processing and artificial intelligence, the increasing adoption of data-driven decision-making strategies, and advancements in big data analytics are anticipated to further stimulate growth throughout the forecast period.

Detailed Segmentation:

Method Insights

Embedded analytics segment is expected to witness a significant CAGR of 26.2% from 2024 to 2030. Embedded analytics can integrate existing applications with additional features such as data visualization, dashboard reporting, and analytics. This method accelerates time to market, creates customized embedded analytics solutions, and lowers TCO. Similarly, insight as a service combines external and internal data sources that use analytics to provide data insights. This method can support specific datasets and provide updated data to customers.

Organization Size Insights

The SMEs segment is expected to grow at the fastest CAGR of 29.4% from 2024 to 2030. The rising adoption of data monetization by SMEs to sustain in the competitive market is expected to power the segment growth over the forecast period. Furthermore, SMEs are expected to face resource shortages, resulting in business complexities and the increased need to optimize costs. In this situation, the rising presence of cloud-based data monetization is expected to play a pivotal role in ensuring reduced operations costs and increased efficiency, thereby positively affecting segment growth.

Vertical Insights

The telecommunications & IT segment is expected to witness a significant CAGR of 26.7% from 2024 to 2030. The increasing amount of data generated by these companies, the growing demand for data-driven decision-making, the increasing adoption of cloud computing, and the growing popularity of big data analytics. These factors make it easier for telecom and IT companies to store, analyze, and monetize their data.

Regional Insights

The data monetization market in the U.S. is growing significantly at a CAGR of 23.1% from 2024 to 2030. Growing government focus on encouraging digitization across industries to improve the transparency of processes is creating a positive outlook for the U.S. market. Furthermore, advancements in emerging technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) are expected to drive the market growth in the region. In addition, various IT and telecom companies are shifting their businesses to Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS) platforms in the U.S. to initiate remote operation management. This has bolstered the demand for system infrastructure software in the IT and telecom sectors in the region.

Gather more insights about the market drivers, restraints, and growth of the Data Monetization Market

Key Companies & Market Share Insights

Some of the key companies include Accenture, Cisco, and IBM Corporation, and others are some of the leading participants in the global data monetization market.

Accenture provides technology solutions and professional services in areas such as network management and consulting. It operates through five business lines: Accenture Technology, Accenture Operations, Accenture Digital, Accenture Strategy, and Accenture Consulting. The company offers business process services, infrastructure services, security services, and cloud services under the Accenture Operations business line.

Cisco Systems, Inc. specializes in developing and distributing hardware and software solutions. The company serves industries such as mining, oil and gas, smart buildings, retail, education, financial services, government, transportation, utilities, healthcare, insurance, and entertainment. It offers solutions across a range of technologies, including cloud, data center, network infrastructure, mobility, IoT, security, AI, and analytics and automation.

Key Data Monetization Companies:

The following are the leading companies in the data monetization market. These companies collectively hold the largest market share and dictate industry trends.

Accenture

Adstra

Cisco Systems, Inc.

Comviva

Domo, Inc.

Thales (Gemalto NV)

Gulp Data

IBM Corporation

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Recent Developments

In February 2024, Gulp Data announced a partnership with Snowflake that enables organizations to explore, share, and unlock value from their data, providing data valuation, data-backed loans, and data monetization services.

In December 2023, Thales completed the acquisition of Imperva. By providing the most comprehensive solutions for the broadest range of application, data security, and identity use cases, Thales and Imperva will help customers address cybersecurity challenges that are increasing rapidly in frequency, severity, and complexity.

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Telecom API Market Size, Share And Trends Analysis Report

The global telecom API market was valued at USD 827.45 billion in 2030 and is estimated to expand at a CAGR of 21.3% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Growing demand for smartphones integrated with features such as GPS services, digital wallets, 5G, and Near-Field Communication (NFC), among others, is estimated to drive the market growth in the forecast period. Application programming interface (API) facilitates web-based solution developers to develop applications through a single point of contact using the capabilities offered by the application programming interface (API) platform for agile application development.

The increasing adoption of the Internet of Things (IoT) in the telecommunication sector is anticipated to sustain market growth over the forecast period. CSPs such as Orange, Verizon, AT&T, Inc., Google LLP, and others are providing their IoT API platforms to various sectors such as transportation, retail, utilities, and manufacturing among others. AT&T has an API marketplace to help solution providers quickly build web-based collaboration apps for their text, video, voice, and other communications services. The IoT platform developed by Orange namely Live Objects forms connections centrally through a web portal and standard API.

Web Real-Time Communication (WebRTC) API is a compilation of various standard APIs and protocols that handle simultaneously facilitate data sharing and peer-to-peer teleconferencing eliminating the necessity for installing any additional third-party plug-ins. The Telecom API market is expected to witness significant growth owing to the rising adoption of WebRTC by various Communication Service Providers (CSPs) and technology providers such as AT&T Intellectual Property, Huawei Technologies Co., Ltd., Vodafone Group, Orange, Cisco Systems, Inc., and Google among others. However, stringent government regulations for end-user data protection are expected to act as an inhibitor to market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Telecom API Market

Telecom API Market Report Highlights

• The messaging API segment of the telecom API market is predicted to account for the largest market share in 2022 and is expected to expand at a CAGR of 21.4% in the forecast period. This growth is attributed to the increasing adoption of A2P messaging by large organizations for applications such as product announcements, and promotional activities among others.

• The partner developer segment is estimated to expand at the fastest CAGR of over 22.0% in the forecast period. Thus, growth can be attributed to the rising number of internet users and increasing adoption of over-the-top (OTT) media services by organizations.

• Asia Pacific held a maximum revenue share of over 28% in 2022 and is projected to witness a healthy CAGR in the forecast period. This growth is owing to the increasing number of smartphone users in countries such as India and China.

• The telecom API market is fragmented and characterized by high competition with the presence of major global players such as among others. These companies are adopting various organic and inorganic growth strategies such as collaborations, mergers & acquisitions to increase their market presence and expand their existing product portfolio.

Telecom API Market Segmentation

Grand View Research has segmented the global telecom API market based on type, end-user, and region:

Telecom API Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Messaging API

• Web RTC API

• Payment API

• IVR API

• Location API

• Others

Telecom API End-user Outlook (Revenue, USD Billion, 2018 - 2030)

• Enterprise Developers

• Internal Telecom Developers

• Partner Developers

• Long Tail Developers

Telecom API Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Rest of Europe

• Asia Pacific

o China

o India

o Japan

o Rest of Asia Pacific

• Latin America

o Brazil

o Mexico

o Rest of Latin America

• Middle East & Africa

Order a free sample PDF of the Telecom API Market Intelligence Study, published by Grand View Research.

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API Security Market - Forecast (2024-2030)

API Security Market Overview:

API Security Market size is estimated to reach $6.3 billion by 2030, growing at a CAGR of 25.4% during the forecast period 2023-2030. Increasing adoption of APIs to leverage cloud-based services and build digital ecosystems is driving the demand for API security solutions among organizations. This trend is expected to boost the growth of the API Security Market during the forecast period.

Additionally, the rising number of cybersecurity threats is compelling organizations to adopt API security solutions. APIs are a common target for attackers willing to disrupt services or steal data. As per recent studies, it was estimated that US-based companies have lost somewhere between $12 billion and $23 billion in 2022 alone from API data breaches. Organizations are investing in API security solutions to mitigate these risks and ensure the security of their sensitive data. These factors positively influence the API Security industry outlook during the forecast period.

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API Security Market - Report Coverage:

The “API Security Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the API Security Market.          Attribute          Segment

By Deployment Type

On-premise

Cloud-based

By Solution

API Security Software

API Security Solution

By Organization Size

Small Enterprises

Medium Enterprises

Large Enterprises

By End Use Verticals

BFSI

IT & Telecom

Government

Healthcare and Life Sciences

Retail and E-commerce

Media & Entertainment

Travel & Hospitality

Education

Power & Utilities

Industrial

Others

By Geography

North America (U.S., Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:�� 

● The COVID-19 pandemic accelerated the adoption of digital technologies and cloud-based solutions, which has led to increased use of APIs by organizations. The raised concerns about security have boosted the demand for API security solutions. On the other hand, the pandemic has caused economic uncertainty, causing some organizations to cut back on IT spending, especially on investment in API security solutions. Also, the shift to remote work has made it difficult for the organizations to secure their APIs in this new environment.

● The conflict between Russia and Ukraine could lead to an increase in cyberattacks, including attacks on APIs. This would boost the demand for API security solutions as organizations look for ways to protect themselves from these threats. Also, the conflict is causing economic uncertainty in the region, which could impact the IT spending and investment in API security solutions. Additionally, the supply-chain disruptions caused by the conflict may impact the availability of IT resources, which could further impact the market.

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Key Takeaways:

● Fastest Growth of Asia-Pacific Region

Geographically, in the global API Security market share, Asia-Pacific is analyzed to grow with the highest CAGR of 25.9% during the forecast period 2023-2030. The increasing adoption of APIs and cloud-based solutions in the region along with the rising number of cyber threats and regulatory compliance requirements are boosting the growth of the region's API Security Market share. According to Imperva, a cybersecurity firm, APAC governments have taken a variety of approaches to open banking and the advent of open banking has brought about a transformative shift for both businesses and consumers. With the growing demand for these services, banks and fintech companies will increasingly depend on application programming interfaces (APIs).

● Cloud-based Segment to Register the Fastest Growth

In the API Security Market analysis, the cloud-based segment is estimated to grow with the fastest during the forecast period. There are several factors boosting the growth of this segment. Firstly, cloud-based API security solutions can easily scale up or down depending on the changing needs of the organization. It offers greater flexibility than on-premise solutions. Also, cloud-based solutions usually require lower upfront costs. 

● BFSI Sector is the Fastest Growing Segment in the Market

According to the API Security Market forecast, the BFSI sector is estimated to register the fastest growth during the forecast period. The financing institutions are increasingly adoption APIs to enable new digital services, such as peer-to-peer payments and mobile banking. These services require strong API security to prevent fraud, protect customer data and comply with regulatory requirements.

According to the Salt Labs State API Security Report Q1 2022, API attack traffic has increased 681 percent in the past 12 months (of publishing the report). Since financial institutions and fintech firms hold tremendous amount of valuable data, they are the perfect target for such attackers.

● Increasing Adoption of APIs

APIs are increasingly becoming a crucial component for modern digital businesses. They allow organizations to share data and services quickly and easily between different systems and applications. However, APIs create new security risks, making API security solutions critical to protect against cyber threats while ensuring regulatory compliance. This is one of the major factors driving the growth of the API Security Market during the forecast period.

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● Growth of Digital Transformation Initiatives

The growth of digital transformation initiatives is analyzed to witness significant growth during the forecast period 2023-2030 as organizations strive to remain competitive in the digital age and keep up with evolving technologies. Data and analytics will increasingly contribute to innovation, helping businesses derive insights and achieve desired outcomes As per IndustryARC’s findings, the global digital transformation market is projected to surpass $1.3trillion by 2027. The shift to software-as-a-service (SaaS) platforms is expected to dominate the digital transformation landscape, enabling easier collaboration, improved productivity, and organizational flexibility. These trends underscore the ongoing need for organizations to adapt, innovate, and leverage digital technologies to drive growth, meet evolving customer expectations, and address market dynamics. APIs can facilitate the integration of various digital tools and services, enabling organizations to effectively implement their digital transformation strategies and leverage the benefits of automation, data analytics, and SaaS platforms. By leveraging APIs, organizations can seamlessly connect different systems, access relevant data, and streamline processes, ultimately accelerating their digital transformation efforts and achieving desired outcomes. The growing adoption of APIs is further set to drive the API security market during the forecast period.

● API Security implementation challenges and risks to impede to market growth

Implementing API security can pose several challenges and risks that organizations need to address. APIs expose endpoints that handle object identifiers, increasing the attack surface and creating potential vulnerabilities for Object Level Access Control issues which can lead to unauthorized access and data exposure. Implementing authentication mechanisms incorrectly can compromise authentication tokens and allow attackers to assume other users' identities. Weak authentication methods or flawed implementation can lead to unauthorized access and compromised API security. Lack of or improper authorization validation at the object property level can lead to excessive data exposure or manipulation by unauthorized parties. APIs require resources such as network bandwidth, CPU, memory, and storage to fulfill requests. Without proper rate limiting and resource management, malicious actors can launch Denial of Service (DoS) attacks, exhausting resources and disrupting API availability. These technical challenges are set to hinder the API security market growth in the future. 

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the API Security Market.

The top 10 companies in this industry are listed below:

1. Akamai Technologies (Prolexic, Kona Site Defender)

2. Amazon Web Services, Inc. (AWS Shield, AWS WAF)

3. Apigee Corp. (Apigee Edge, Apigee Sense)

4. Auth0® Inc. (Auth0 API Management, Auth0 WebAuthn Passwordless)

5. Axway Software SA (Axway API Gateway, Axway SecureTransport)

6. Barracuda Networks, Inc. (Barracuda CloudGen Firewall, Barracuda WAF-as-a-Service)

7. Computer Associates International, Inc. (CA API Gateway, CA Single Sign-On)

8. Checkmarx Ltd. (Checkmarx CxSAST, Checkmarx CxIAST)

9. Cisco Systems, Inc. (Cisco Umbrella, Cisco API Security)

10. Cloudflare, Inc. (Cloudflare API Shield, Cloudflare Access)

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Scope of Report: Report MetricDetails

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

25.4%

Market Size in 2030

$6.3 billion

Segments Covered

Deployment Type, Solution, Organization Size, End User Vertical and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

Akamai Technologies

Amazon Web Services, Inc. (AWS)

Apigee Corp. (Google Cloud)

Barracuda Networks, Inc.

Cisco Systems, Inc.

Cloudflare, Inc.

ForgeRock, Inc.

IBM Corp.

Imperva, Inc.

Rapid7, Inc.

Key Market Players

Akamai Technologies

Amazon Web Services, Inc. (AWS)

Apigee Corp. (Google Cloud)

Barracuda Networks, Inc.

Cisco Systems, Inc.

Cloudflare, Inc.

ForgeRock, Inc.

IBM Corp.

Imperva, Inc.

Rapid7, Inc.

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AI-Powered Excel Alternatives to Boost Your Productivity

Explore seven Excel AI tools that revolutionize data management and boost productivity for teams.

Tired of spending hours just trying to make sense of some complicated formula in Excel, or having to watch tons of tutorials just to automate simple tasks? Well, the good news is that artificial intelligence has stepped into the arena, changing how we handle spreadsheets by introducing powerful alternatives that make data manipulation faster, smarter, and much easier. This blog introduces seven AI tools revolutionizing spreadsheets and automating tasks that used to take hours in Excel.

1. CortexSheet

CortexSheet is an AI add-on in Google Sheets that automatically removes the headache from mundane spreadsheet work. Using simple formulas like =CORTEX and =CORTEX_CLASSIFY, you can automate tasks like data cleaning, categorization, and bulk operations with just a few clicks. Whether you're managing eCommerce data, screening resumes, or doing translations, CortexSheet makes it easy for non-technical users to harness the power of AI. It's a versatile tool with pre-built templates across industries from content marketing to research, and its flexible pricing makes it accessible to everyone, from individuals to large enterprises.

2.Rows

Another powerful alternative is Rows, a next-level spreadsheet platform built for team collaboration. It works seamlessly with popular tools like Google Analytics, Notion, and HubSpot, letting you easily import data and use AI to analyze and transform it. With features like text classification, dataset summarization, and sentiment analysis for customer feedback, Rows is ideal for teams working on marketing, social media, and product reviews. Plus, it makes sharing insights simple by turning your data into sleek, interactive reports—making collaboration effortless.

3.GPT Excel

GPT Excel is the perfect tool for those who love Excel but want to boost productivity with AI. It automates tasks like generating formulas, creating SQL queries, and writing VBA or Google Apps Scripts. Trusted by over 300,000 users and with 4 million formulas generated, GPT Excel simplifies workflows, from complex calculations to data summaries. It’s available in multiple languages and offers a free tier, making it a great option for both beginners and experienced users looking to save time and effort.If your goal is to turn data into stunning visual reports.

4.Zebra BI

Zebra BI is the tool you need. Renowned for its robust data visualization features, it integrates smoothly with Power BI, Excel, and PowerPoint to transform complex datasets into clear, actionable insights. Whether you're a financial analyst or a project manager, Zebra BI allows you to create dynamic charts, interactive reports, and dashboards that simplify data-driven decision-making. With handy features like dynamic comments and drill-through options, you can easily uncover the story behind the numbers—all without requiring any programming skills.

5.Orkes

Orkes is a transformative tool for developers focused on managing workflows efficiently. Created by the team behind Netflix Conductor, it streamlines workflow orchestration with its AI-driven platform. Designed for businesses looking to enhance their development processes, Orkes integrates microservices and API orchestration to create scalable workflows. With an intuitive user interface for building visual workflows, robust version control, and built-in security features, it enables developers to quickly upgrade existing applications. This makes it ideal for fast-paced industries like healthcare, telecom, and finance, where innovation and scalability are essential.

6.Wallo

WalloAI is an AI-powered tool that simplifies working with spreadsheets. Instead of manually searching through data, you can ask questions directly to your spreadsheet in plain language. It also generates and explains formulas effortlessly. WalloAI supports VBA scripts, making it easy to automate tasks and create custom macros. With flexible pricing, including a free tier, it’s perfect for beginners and advanced users alike, helping everyone work faster and smarter with their data.

7.Ampler

Lastly, there’s Ampler, a platform that enhances how organizations utilize Microsoft Office. By automating repetitive tasks in PowerPoint, Excel, and Word, Ampler frees users to focus on creativity and productivity. Whether you're aiming to keep a consistent visual style in presentations or streamline workbook formatting, Ampler provides customized solutions to boost your efficiency.

It integrates smoothly with your existing IT setup and complies with organizational standards, making it an invaluable resource for large teams and enterprises. In summary, if you’re looking to enhance your spreadsheet experience beyond what Excel offers, these AI tools have you covered. From CortexSheet’s automated categorization to Ampler’s seamless Office integration, these tools not only simplify your work but also boost productivity, allowing you to focus on what truly matters. Try them out and see how AI can transform your day-to-day tasks.

For more blogs like this: thenextaitool.com/blog

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Web Real-Time Communication Market Overview Research 2020 | Share, Growth Analysis and Forecast to 2027

According to a recent report published by Allied Market Research, titled, “Web Real-Time Communication Market by Component, WebRTC Enabled Devices, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2020–2027,” the global market was valued at $2.73 billion in 2019, and is projected to reach $45.91 billion by 2027, growing at a CAGR of 41.7% from 2020 to 2027.

Web real-time communication or WebRTC is an open source collection of application programming interface (API) and communication protocols that enable real-time communication for web browsers and mobile applications. It allows video or audio communication inside web pages by enabling real-time peer-to-peer connection without the need to install additional plugins or native apps. This technology facilitates easy and cost-effective communication in terms of voice, video, and other data. The technology enables video chat, video conferencing, audio call, audio conferencing, text chats, file sharing, gaming, and social networking, typically with internet browsers as endpoints. WebRTC offers real-time communication at low costs with high performance and encryption support.

As WebRTC is adaptable to different system conditions and it is also interoperable with Unified Communications (UC) or Voice over Internet Protocol (VoIP), it facilitates organizations in seamless coordination & communication through their current framework, which is expected to boost the web real-time communication market growth. In addition, rise in adoption of BYOD trend, webification of communications systems, and growth in adoption of WebRTC solution to offer better customer assistance & enhance customer experience are major factors that drive the growth of the market. Moreover, integration of AI and increase in use cases of WebRTC in IoT are anticipated to create lucrative opportunities for the WebRTCmarket expansion.

The solution segment held the majority of the global web real-time communication market share in 2019, and is projected to maintain its dominance during the forecast period. The services segment is expected to witness highest growth rate of 43.8% from 2020 to 2027. This is attributed to need of enterprises to find suitable WebRTC solution and help integrate it with other enterprise applications. Increase in adoption of WebRTC solutions is also expected to boost the demand for these services.

The mobiles segment accounted for the major share among WebRTC enabled devices, owing to rapidly increasing number of smartphone users, growing popularity of communication apps among millennials, and low cost of smart phone devices.

As per region, the global web real-time communication market was dominated by North America in 2019 and is expected to maintain this trend during the forecast period. Factors such as presence of leading companies using WebRTC in their offerings such as Facebook, Twitter, Snapchat, Google (Duo, Hangout), & others in North America and telecom companies forming alliances with WebRTC developers to recapture the audience are the major drivers for the market growth in this region. In addition, significant adoption of mobility and launch of innovative product offerings are expected to drive the WebRTC market growth during the forecast period. For instance, in April 2017, Grandstream Networks, Inc. launched an innovative web conferencing platform-IPVideoTalk Web Meeting Service that leverages the WebRTC technology to offer high-quality web meeting with HD video & audio through any Mac, iOS, or Android devices.

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Key Findings Of The Study

By component, the solution segment led the web real-time communication market size in terms of revenue in 2019.

By WebRTC enabled devices, the mobiles segment accounted for the highest market share in 2019.

By industry vertical, the healthcare segment is anticipated to exhibit highest growth during the forecast period.

Region wise, North America accounted for the highest revenue in 2019; however, Asia-Pacific region is anticipated to exhibit highest growth during the web real-time communication market forecast period.

The global web real-time communicationmarket analysis includes some of the key market players such as Avaya Inc., Cisco Systems, Inc., Dialogic Corporation, Plantronics, Inc., Oracle Corporation, Plivo, Quobis, Ribbon Communications Operating Company, Inc., Tokbox Inc. (Vonage), and Twilio Inc.

About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Telecom Application Programming Interface (API) Market Size and Growth Factors Research and Projection 2026

The market intelligence report on the Telecom Application Programming Interface (API) market will offer stakeholders valuable insights into their target consumers and geographies to devise more promising marketing strategies for the forecast years from 2019 to 2026. Above all, the report will empower business owners and professionals to gain vital information about potential consumers and where they can find them. Apart from this, the literature emphasizes how major vendors operating in the Telecom Application Programming Interface (API) market are optimizing their marketing campaigns. With an exclusive coverage of the top vendors, the study arms business owners with extensive knowledge of the local market as well as improved ability to locate potential consumers and retain existing consumers. 

Market Size – USD 100 billion in 2018, Market Growth - CAGR of 18.2%, Market Trends – Mounting need for online amusement and mobile application, the proliferation of machine-to-machine devices and consumers preferring 4G networks as their network of choice.

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Key players in the telecom application programming interface market include Vodafone Group PLC (UK), Twillo Inc. (US), Alcatel-Lucent (France), AT&T Inc. (US), Apigee Corporation (US), Telefonica (Spain) Orange S.A. (France), Verizon Communications (US), Nexma Inc. (US), Fortumo (Estonia), LocationSmart (US), and Aspect Software (US) among other players.

For this report, the market has been divided into segments on the basis of type of telecom API, end-user and region:

Type of telecom API (Revenue, USD Million; 2018–2026)

End-User (Revenue, USD Million; 2018–2026)

SMS, MMS and RCS API

Payment API

Web RTC API

IVR/Voice Store and Voice Control API

ID/SSO and Subscriber API

Location API

Content Delivery API

M2M and IoT API

Others (Quality of Service, Device Information, and Advertising API)

Internal Developer

Partner Developer

Enterprise Developer

Long Tail Developer

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Regional Outlook (Revenue, USD Million; 2018–2026)

North America

Europe

Asia Pacific

Rest of the World

The report not only empowers companies and professionals to understand the significant characteristics of the target market but also the communication preferences. The audience can get the estimated size of the market calculated on the basis of the number of sales in a specific region. By offering insights into the profit margin, the study aims at improving the communication between companies and potential customers. Armed with all essential information on recent developments in the competitive landscape, such as a joint venture, collaboration, acquisition and merger and product launch, the study enables business owners to build a robust portfolio of their best buyers.

The objectives of the report are:

– To examine and forecast the market size of the Telecom Application Programming Interface (API) Industry in the global market. – To study the global key players with a focus on the SWOT analysis, value and global market share for leading players.

– To analyze the market by type, end use, and region to draw a forecast for the years 2019–2026.

– To assess the market potential and advantage, opportunities and challenges, restraints and risks faced by global key regions.

– To decipher significant trends and elements driving or confining the market growth.

– To analyze the opportunities in the market for stakeholders by identifying the high growth segments. – To critically analyze each submarket by evaluating individual growth trends and their role in the market.

– To examine competitive developments such as agreements, business expansions, product launches, and possessions in the market.

– To outline the key players and comprehensively analyze their growth strategies.

View Exhaustive Market Research Press Release@ https://www.reportsanddata.com/press-release/global-telecom-application-programming-interface-api-market

The research provides answers to the following key questions:

What type of customers are purchasing the products and services from companies operational in the Telecom Application Programming Interface (API) market?

What will be the roadmap for product manufacturers engaged in the Telecom Application Programming Interface (API) industry for the forecast years from 2019 to 2026?

What are the recent advancements and feats by key competitors to look out for during the estimated period?

What are the major trends influencing customers’ lifestyles and consequently, their purchasing activities?

How can brands best appeal to the customers they intend to target?

When, where, and how can the customers use or consume the products or services?

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API Management Market 2022: Key Players, Applications, Market Size.

API Management Market is expected to increase at a 20.7% CAGR by the end of the global forecast to 2030, along with a market valuation of USD 6.56 billion.

Application programming interface (API) is the base upon which digital business is built. It allows app developers to create apps that can serve the needs of a specific segment of users. API Management enables you to create, analyze, and manage APIs in a secure and scalable environment

Customers focus on various digital solutions such as the internet, smartphones, laptops, tablets, and even data and application sharing within the company. This has prompted companies to adopt more effective frameworks to provide a better end-user experience. This led to the introduction of application programming interfaces (APIs). API technology helps companies share content between organizations, it is also a set of processes over which organizations can gain control. API Management provides organizations with API gateways, developer portals, API lifecycle management, API revenue support, and API lifecycle management.

The Global API Management Market Report is designed to provide up-to-date market information and assist decision-makers to make informed investment judgments. It also identifies and analyses emerging trends as well as key drivers, challenges, opportunities, market expansion, technological innovation, and market analysis of the best manufacturers.

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Market Segmentation:

By product type:

On Premise Cloud

By application:

BFSI IT & Telecom Government Healthcare Retail & Consumer Goods Manufacturing Others

By Key companies:

SAP SE Torry Harris Business Solutions AWS Tyk Technologies Postman Kony TIBCO Google WSO2 Axway Software AG Red Hat Microsoft IBM Broadcom Corporation Osaango CA Technologies Oracle MuleSoft Sensedia Rogue Wave Software Dell Boomi

By region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Key benefits:

This market share and analysis is based on a comprehensive analysis of the main developments in the API Management industry.

The development strategies of major market players are included to understand the competitive scenario in the global API Management Market.

This study offers an in-depth analysis of market trends to clarify upcoming investment pockets.

It provides information on key engines, restraints, and capabilities, along with an analysis of their impact on market size.

Reasons to Purchase this Report:

The research contains a wealth of information, including market dynamics and opportunities for the forecast period.

Quantitative, qualitative, value (USD Million), and volume (Units Million) data are among the segments and sub-segments.

Data on demand and supply forces, as well as their impact on the market, may be found at the regional, sub-regional, and country levels.

In the last three years, the competitive landscape has included share of significant competitors, new advances, and strategies.

Companies that provide comprehensive products, important financial information, latest developments, SWOT analyses, and strategies.

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Some Table of Content

Table of Content

1 API Management Market – Research Scope

1.1 Study Goals

1.2 Market Definition and Scope

1.3 Key Market Segments

1.4 Study and Forecasting Years

2 API Management Market – Research Methodology

2.1 Methodology

2.2 Research Data Source

2.2.1 Secondary Data

2.2.2 Primary Data

2.2.3 Market Size Estimation

2.2.4 Legal Disclaimer

3 API Management Market Forces

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[tritonmarketresearch]

Digitalization allows API Services leverage in the Telecom Market

Application programming interface – a computing connection enables developers to create services independent of the device, linking device’s resources and application. Over the years, the rapid technological advancements and surge in cloud-based adoption have amplified API demand among telecommunication operators. For instance, in 2021, WhatsApp launched a new cloud-based version that reduced API integration time. Such benefits have ultimately led to the expansion of the telecom API market over the past few years.

Given the technological developments, 4G LTE networks gained significant traction globally on account of rising mobile users. Since around 66% of mobile users have access to a 4G LTE network, network advancement is a major factor fuelling the market’s growth.

Our estimates indicate the global telecom API market to progress in revenue at a CAGR of 16.42% during the forecast period 2022-2028.

Regional Trends & Growth Prospects

In the constantly evolving digital world, IoT and 5G technologies have encouraged prominent players like Ericsson, AT&T, Google, and Mozilla to collaborate for telephone services’ web browser integration. For instance, Google collaborated with AT&T to develop 5G edge computing solutions. In this regard, API provides innovative features, including recent contact history, SMS, and push-through notifications.

Additionally, to integrate API with automation systems, developers focus on the formation of vehicle-to-cloud to develop standardized sets of APIs. Estimates indicate that the Internet of Things API category is expected to observe the fastest growth over the forecast period.

In the Asia-Pacific, the telecom industry is expanding at a rapid pace, influencing the integration of application programming interfaces. As per industry sources, the revenue of mobile operators is estimated to surge, reaching approximately $230 billion by 2025. This expansion of the telecommunication industry is anticipated to elevate the adoption of innovative API solutions across major countries, especially India, China, South Korea, and Japan.

With the integration of 4G technology and API, communication services have advanced tremendously in North America. This has encouraged market players such as Twilio and Apigee Corporation to invest significantly in R&D. Such investment plans have soared API demand among numerous end-users. As per estimates, end-user spending on IoT solutions is anticipated to reach around $1.5 trillion by 2025 globally.

Notable services adopted by end-users in the telecom API market:

1. Messaging API: This segment captures the major share in the service category. Offered by third-party providers, messaging APIs provide access to worldwide carrier networks to enable SMS in conjunction with more modern chat APIs. This has eliminated the need to develop a back-end system as it is available as a service cloud model. As a result, various end-users adopt messaging API for bulk SMS services for marketing, tracking, and other purposes. Here, API integration with logistics platforms like Project44, Timocom, and others provides an easy connection to entire transport ecosystems.

2. Payment API: These APIs enable ecommerce sites to process credit cards and track orders while maintaining consumer lists. Digital payments have emerged crucial in various verticals, including BFSI, education, retail, manufacturing, and hospitality. According to a 2020 global survey, approximately 75% of banking APIs are used for internal purposes, with banks planning to double the number of APIs by 2025. Moreover, around 5% of banking APIs are used to generate revenue.

Key Strategic Initiatives

In May 2022, GSMA launched the mobile money API compliance verification service to support the growth of trusted mobile money ecosystems in emerging economies.

LiquidityBook, in March 2022, expanded its API capabilities and capacities to provide users with a personalized protocol for building and connecting with modular platforms.

BICS Group acquired 3M Digital Networks in December 2021 to augment its API-based communications while leveraging 3M’s vast cloud numbers across over 200 countries.

Vonage announced the launch of its free desktop and mobile video collaboration product integrated with API solutions, enabling remote work, telehealth, and online education in April 2020.

In June 2020, Twilio Inc introduced Messaging Insights, providing real-time analytics within its console. The product offers to troubleshoot delivery and analyze responses across messaging channels, like SMS and WhatsApp.

Concluding Statement

Considering the advent of new technologies, the telecommunications industry has transitioned from physical to digital networks. The release frequency has surged on account of the growing need to connect numerous applications. As a result, approximately 83% of specialists consider API integration essential for business processes. Hence, in retrospect, digitalization has compelled organizations to shift towards more open ecosystems, boosting the telecom API market growth.

[enchantingvoid]

Unified Communication as a Service (UCaaS) Market Growth and Status Explored in a New Research Report 2030

Global Unified Communication as a Service (UCaaS) Market: Snapshot

The latest business intelligence studies report that the global unified communication as a service (UCaaS) market is anticipated to grow exponentially over the forecast period, registering a healthy growth rate of 13.4 % over the forecast years i.e. 2021 to 2028.

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The global unified communication as a service (UCaaS) market was valued at US$ 28.96 billion in the base year of the study i.e. 2021.

The research report also dictates that the global unified communication as a service (UCaaS) market is expected to surpass the final evaluation of US$ 69.93 billion by the end of the forecast period i.e. 2028.

The growth in the global unified communication as a service (UCaaS) market can be attributed to the increasing adoption of the solutions and services in the industry by corporations and businesses all over the globe for functions such as messaging, collaboration tools, and video and audio conferencing.

The constant advancements and technological innovations in the domain of hybrid cloud infrastructures as well as the increasing demand for novel and advanced cloud platforms is also propelling the growth in the global unified communication as a service (UCaaS) market in coming years. 

Unified communication as a service (UCaaS) can be understood as a delivery model on the cloud that offers a wide variety of communication services, including collaboration applications, through a third party.

It characterizes an integrated and unified cloud platform through which enterprises gain access to all services they may need. Features that make it stand apart from traditional communication platform is elegance, simplicity, and scope.

The drive for UCaaS primarily stemmed from the need to bring scalability and flexibility to core business processes. UCaaS comes with the integrated capability of communications platform as a service (CPaaS) and application programming interfaces (APIs).

The vendors include providers that typically sell directly to buyer organization or may include third party providers; 8x8 Inc. and Microsoft offerings of UCaaS fall in the first category while AT&T and Verizon Wireless come under the second one.

The variety of architectures under UCaaS can be grouped into single-tenancy and multi-tenancy. The single tenancy architecture features a software platform customized for the buyer.  Considered as more secure and reliable as disruption in another customer’s data doesn’t affect a specific customer’s data, they are expensive. The onus for upgrades are put on the buyer organization. In contrast to this, in multi-tenancy approach, the software instance resides with provider's data center and is shared. The architecture is more cost-effective with the provider tasked with making regular upgrades. A third approach, called hybrid one, is also possible where unified communications are placed on-premises for security concerns or for the management convenience, while other applications are pushed to the cloud.

Global Unified Communication as a Service (UCaaS) Market: Overview 

Unified Communications as a Service (UCaaS) is a delivery model in which provides deliver a variety of telecom or communications software applications or services over an IP network. UCaaS solutions are a part of the global industry trend towards cloud-based services. They are known for offering benefits such as high levels of availability, flexibility, and scalability for core business tasks. They include online meetings, messaging and presence technology, contact center services, video conferencing, and telephony. They are available as stand-alone services or integrated services in terms of delivery model. 

Global Unified Communication as a Service (UCaaS) Market: Key Trends 

The rapidly rising number of mobile workers worldwide is compelling enterprises to adopt collaboration tools that allow employees to effectively communicate with each other. This, in turn, is providing a fillip to the global (UCaaS). The growing trend of bring-your-own-device (BYOD) and proliferation of mobile devices are also working in favor of the market. On the flip side, the low awareness levels regarding UCaaS solutions and the advantages that these solutions offer are limiting their widespread adoption, especially across SMEs. However, market players are likely to capitalize on untapped, developing regions such as Asia Pacific and the MEA to boost their revenue generation in the coming years. 

Global Unified Communication as a Service (UCaaS) Market: Market Potential 

Players in the global unified communication as a service market are paying high attention towards the launch of technologically advanced products in order to enhance their visibility in the arena, indicating towards a bright future of the market. To put this perspective, Amazon Web Services (AWS) in February 2017, launched a unified communication service called Amazon Chime. With this, the company promises to offer high-quality audio and video meeting solutions that are one-third of the cost of conventional solutions, without any ongoing maintenance or upfront investments. Another case in point is West Unified Communication Services, which in partnership with Dolby Laboratories Inc. has launched InterCall Reservationless-Plus with Dolby Voice in March 2017. This unified communication solution will offer superior sound quality and clarity of Dolby voice through Voice over Internet Protocol (VoIP) networks. 

Global Unified Communication as a Service (UCaaS) Market: Geographical Segmentation 

The key regions analyzed in the report are Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. North America will be a major revenue contributor during the forecast period. The presence of advanced network infrastructure and a large base of tech-savvy workforce is propelling the growth of the region. The increasing investments in sectors such as consumer goods, transportation and logistics, retail, banking, financial services, and insurance (BFSI) are also likely to boost the demand for UCaaS solutions in the region. 

Asia Pacific is expected to offer promising opportunities during the same period. The growth of the region can be attributed to the growing inclination of large enterprises towards UCaaS solutions. Moreover, the increasing establishment of offices, contact center services, and manufacturing units in emerging economies such as India and China is augmenting the growth of the region. 

Global Unified Communication as a Service (UCaaS) Market: Competitive Landscape 

The leading companies operating in the global UCaaS market are Microsoft Corporation, Cisco Systems Inc., 8×8 Inc., Fuze Inc., and West Corporation. These players are paying high attention to the integration of applications and business processes. The trend of using social media for businesses is on a rise, and combining social media with UCaaS solutions allows efficient customer relationships and strengthens marketing. As a result, players are focusing towards building ecosystems that can make social business integration captivating for enterprises. Other prominent global participants in the market are IBM Corporation, Alcatel-Lucent SA (Nokia Networks), Hewlett-Packard Development Company, Verizon Communications, and Avaya Inc.

Key questions answered in this report

What are the diverse growth parameters influencing the market?

Which regions will contribute largely to the growth of the market

What are the recent innovations and technological advancements in the market?

What are the emerging trends across the market?

How has COVID-19 affected the market?

What will be the post-pandemic scenario of the market?

What are the major threats that will dent the growth prospects of the market?

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[blueweave01]

Global Electronic Bill Presentment and Payment (EBPP) Market Poised for Continued Growth: Growing at the CAGR of 7.7% in the Forecast Period

Electronic bill presentment and payment (EBPP) market is being driven by factors such as globalization, businesses expanding overseas, and consumers increasingly using plastic money. Market growth is also driven by the use of high-speed internet access on smart phones...

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global electronic bill presentment and payment (EBPP) market was worth 18.5 number of bills in billion in the year 2020. According to the data yielded by the study, the market is estimated to grow at a CAGR of 7.7%, earning revenue of around 30.9 number of bills in billion by the end of 2027. Due to factors such as the increasing acceptance of electronic bill presentment and payment as a mode of money transfer and the emergence of various modes and payment platforms for both global and regional payments, the global electronic bill presentment and payment market (EBPP) is growing at a high CAGR. However, the high risk of data theft and fraud associated with electronic payment may act as a restraining factor for market growth.

Wide Array of Conveniences of Electronic Payment Is Estimated to Drive the Global Electronic Bill Presentment and Payment (EBPP) Market Growth

Young adults today are increasingly turning to electronic payments as an alternative to cash payments. The wide range of conveniences it has to offer such as high security, promptness, and efficiency works in favor of the growth of the global electronic bill presentment and payment (EBPP) market. Electronic payments are done with cards, mobile wallets, or wearable devices, and are significantly faster than cash payments. Furthermore, its processing is much faster as all the transaction details are already in the system which saves a lot of time for manual entry and processing. That is why most online sales and service platforms recommend electronic payments and offer great deals and discounts on them.

The Increasing API Segment Is Projected to Boost the Global Electronic Bill Presentment and Payment (EBPP) Market

Based on channels, the global electronic bill presentment and payment (EBPP) market is segmented into application programming interface (API), mobile, web, email, IVR, POS, and kiosks. The application programming interface (API) segment accounts for the largest market share because of its high use in e-commerce websites. Through the payment API, one program can present a bill and pay it electronically, while another program processes it. This system also makes it easier for the browser to share known credit details with the merchant or vendor.

Global Electronic Bill Presentment and Payment (EBPP) Market - By End-User

Based on end-users, the global electronic bill presentment and payment (EBPP) market is segmented into BFSI, insurance, healthcare, IT and telecom, retail, education, media and entertainment, manufacturing, and others. The BFSI segment accounts for the largest market share as the financial services are mainly acquired by businesses. Many financial service providers, like banks, wealth management companies, and tax consulting companies, have to make a numerous cash transaction based on their size. Due to this, their need for strong electronic bill payment solutions is high, which proliferates market growth.

Global Electronic Bill Presentment and Payment (EBPP) Market - Regional Insights

Geographically, the global electronic bill presentment and payment (EBPP) market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these, North America holds the largest market share. The Asia-Pacific region, on the other hand, is projected to witness the highest CAGR during the forecast period. The increasing penetration of the internet and smartphones in these regions are presenting lucrative growth opportunities to the electronic bill presentment and payment (EBPP) market. Furthermore, developing IT and telecom infrastructure in countries like India, China, South Korea is also influencing the growth of the electronic bill presentment and payment (EBPP) market in the Asia Pacific.

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Impact of COVID-19 on Global Electronic Bill Presentment and Payment (EBPP) Market

The COVID-19-induced pandemic significantly boosted the growth of the global electronic bill presentment and payment (EBPP) market. The COVID-19 is a highly communicable disease that can spread through human contact. People avoided physical contact since social distancing measures were recommended by the World Health Organization. Cash payments were also not recommended since they can spread the virus. In response, the number of people using electronic payments for daily transactions increased. The result was a massive increase in traffic on the servers of electronic bill presentment and payment solution providers, boosting their market growth.

Competitive Landscape

The leading players in the global electronic bill presentment and payment (EBPP) market are Visa, Inc., ACI Worldwide, Bottomline Technologies Inc, Communications Data Group Inc., CSG Systems International Inc., CyberSource Corporation, eBillingHub, ebpSource Limited, Enterprise jBilling Software Ltd., FIS, Fiserv Inc., Jack Henry & Associates Inc., Jopari Solutions Inc., Pagero AB, PayPal Inc., SIX Payment Services Ltd., Sorriso Technologies Inc., Striata, Discover Financial Services, and other prominent players.

The market is highly fragmented with the presence of several regional market players and a handful of global players. The global market is dominated by companies like PayPal with limited competition. Moreover, EBPP companies have been increasingly adopting competitive strategies such as mergers, partnerships, acquisitions, collaborations, etc., to improve and expand their services.

Don’t miss the business opportunity of the global electronic bill presentment and payment (EBPP) market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global electronic bill presentment and payment (EBPP) market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global electronic bill presentment and payment (EBPP) market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

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[industrynewsupdates]

Key Players in Telecom API Market: A Competitive Landscape Overview

The global telecom API market was valued at USD 185.11 billion in 2022 and is projected to grow at a robust compound annual growth rate (CAGR) of 21.3% from 2023 to 2030. Telecom APIs (Application Programming Interfaces) are integral to managing various web-based services such as cloud computing, banking, and identity management within the telecom industry. These APIs facilitate the organization of programming instructions and adhere to standard protocols, enabling the seamless operation of telecom software solutions. The growing adoption of telecom APIs is helping to optimize system performance and provide cost-effective solutions by improving the functionality of existing web-based applications.

Telecom APIs are crucial because they offer agility in the development of mobile applications. By acting as a bridge between different software systems, these APIs allow developers to focus on building the core functionalities of their applications, rather than reinventing the wheel to create communication protocols from scratch. This significantly reduces the time, effort, and cost required for mobile app development.

Telecom APIs are revolutionizing the telecom sector by improving the flexibility and scalability of telecom systems. The ability to easily connect various applications, devices, and services enhances operational efficiency and enables businesses to rapidly deploy new services to their customers. As more industries and sectors adopt IoT technologies, the telecom API market will continue to expand at a phenomenal rate, providing significant growth opportunities for both telecom operators and technology providers.

In conclusion, the growing adoption of IoT, wearable devices, and cloud-based solutions are set to drive the telecom API market to new heights, with an anticipated CAGR of 21.3% from 2023 to 2030. The continuous need for seamless connectivity, cost-effective solutions, and efficient system integration will be key factors propelling market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Telecom API Market

Regional Insights

North America

In 2022, North America held the largest market share in the Telecom API market, accounting for over 29% of the total market revenue during the forecast period. This growth can be attributed to the strong presence of major market players in the region, including global technology giants like Broadcom, AT&T Intellectual Property, Google, and Oracle Corporation, among others. These companies are key contributors to the development and adoption of telecom API solutions, enhancing the region’s dominance in the market.

Additionally, the adoption of advanced network technologies, such as 4G and the ongoing improvements in 5G technology, has been a significant factor driving the high growth of telecom APIs in North America. With the integration of 4G and 5G networks, telecom APIs are enabling faster and more efficient communication services. These technologies facilitate a wide range of services, such as voice and video calls, as well as video and speech integration services. By using telecom APIs in conjunction with 4G/5G technologies, businesses can deliver more robust and high-quality services, leading to increased productivity and customer satisfaction.

Furthermore, as 5G networks continue to expand, telecom APIs will play a critical role in managing the large volumes of data and ensuring the efficient functioning of communication services. The North American market is expected to maintain strong growth as demand for enhanced connectivity and performance increases.

Asia Pacific

The Asia Pacific region is projected to be one of the most attractive markets for telecom APIs, driven by several factors, including the rapid increase in mobile subscribers and the growing adoption of 5G technologies. The region is experiencing the fastest compound annual growth rate (CAGR) of over 25.1% from 2023 to 2030, reflecting the strong momentum of market expansion.

According to a report by GSMA, as of 2021, there were more than 1.2 billion mobile internet users in Asia Pacific. This number is expected to grow to 1.5 billion by 2025, further boosting demand for telecom APIs. The growing number of mobile users across countries like China, India, and Japan, combined with the rapid rollout of 5G networks, is creating ample opportunities for telecom API providers to offer innovative solutions that cater to the increasing need for fast, reliable communication.

With the rise of mobile internet users, there is also a surge in the demand for services that rely on mobile networks, including mobile banking, IoT applications, digital entertainment, and e-commerce. Telecom APIs are central to the success of these services, as they provide the necessary interface to connect users, devices, and applications seamlessly.

The adoption of 5G technology is expected to significantly enhance the capabilities of telecom APIs, enabling more efficient data transmission, low-latency communication, and the integration of advanced technologies like augmented reality (AR), virtual reality (VR), and autonomous vehicles. As these technologies proliferate across Asia Pacific, telecom APIs will be essential for managing complex, high-volume, and real-time communications, driving continued growth in the market.

Browse through Grand View Research's Communication Services Industry Research Reports.

• The global mobile marketing market size was valued at USD 18.90 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.9% from 2024 to 2030.

• The global optical transport network (OTN) hardware market size was valued at USD 19.21 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2030.

Key Companies & Market Share Insights

The telecom API market is highly fragmented and characterized by intense competition among key players operating in various regions. Within each region or country, the market is often dominated by a few prominent Communications Service Providers (CSPs) that lead the charge in the development and deployment of telecom APIs. These CSPs, along with third-party solution developers and system integrators, are continuously adopting organic and inorganic growth strategies to maintain or expand their market presence.

Key Telecom Api Companies

Key growth strategies being implemented include:

• Mergers and Acquisitions (M&A)

• Partnerships

• Joint Ventures or Collaborations

• New Product and Service Launches

Order a free sample PDF of the Telecom API Market Intelligence Study, published by Grand View Research.

[decisionforsight]

Global Serverless Computing Market

Global Serverless Computing Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

In Serverless Computing Methodology, the management of server is handled by the cloud provider and provides the dynamic allocation of machine resources. Therefore, serverless architecture eliminates the requirement for server software and hardware management by the developer. In recent years, some of the major innovations in IT industry enabled business agility, and enhanced resilience. In such scenario, serverless computing was introduced as a major element for the deployment of cloud services and applications. As for instance, utilization of conventional cloud infrastructure to develop an application that checks the credit score using mobile phones for mobile banking, could take days and weeks for development and testing of the application. With the utilization of serverless computing such as AWS Lamba, similar application can be developed in hours. Global Serverless Computing market size accounted 6361.54 million in 2020 is estimated to reach 69438.3 million by 2030 growing with a CAGR of 27% during the forecast period.

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Market Dynamics and Factors:

The serverless computing market is anticipated to grow with a CAGR of 26.2% during the forecast period from 2020-2028 owing to the reduced operational cost and increased process agility provided by the technology. Furthermore, serverless architecture provides benefits such as easier operational management, faster set up, and zero system administration which attract customers to the serverless computing market. Due to the rapid evolution of artificial intelligence, internet of things, and machine learning companies are pressurized to release innovative products and features that meets the growing consumer expectations. Increasing importance of these trends is expected to propel the serverless computing market growth. Furthermore, serverless computing exploits cloud based computing to their full potential and allows the companies to concentrate on their core products and services instead of handling the traffic load on their IT infrastructure. Hence, the user can run the application on a third party server thereby reducing the deployment time. However, as the organization lack control over the infrastructure, addition of multiple customers to the same platform causes security threats and it is estimated to pose a threat to the serverless computing market progression.

Market Segmentation:

Global Serverless Computing Market – By Services

Automation & Integration

API (Application Programming Interface)

Management

Monitoring

Security

Support & Maintenance

Training & Consulting

Global Serverless Computing Market – By Enterprise 

SME

Large Enterprise

Global Serverless Computing Market – By End-User 

Telecom & IT

BFSI (Banking, Financial Services, And Insurance)

Government & Public

Health Care & Life Science

Media And Entertainment

Manufacturing

Retail & E-Commerce

Others

Global Serverless Computing Market – By Geography

North America

U.S.

Canada

Mexico

Europe

U.K.

France

Germany

Italy

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

Rest of Asia Pacific

ROW

Latin America

Middle East

Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020230 

Geographic Analysis:

North America dominates the market by contributing the largest serverless computing market share of 42.09% attributed to the presence of prominent players in the U.S such as Amazon Web Services, Inc., Google LLC, and CA Technologies. Large number of industries such as BFSI, manufacturing, healthcare, and retail boosts the user base in this region. Therefore, the competitive dynamic market compels the enterprises to deliver new products with innovative features thus leading to the adoption of new technologies. This in turn helped North American region to dominate in the serverless computing market.

Competitive Scenario:

Some of the major key players in the serverless computing industry are Alibaba Cloud, Amazon Web Services, Inc., CA Technologies, Google LLC, and IBM Corporation, Microsoft Corporation, Oracle Corporation, Dynatrace, Fiorano Software, Inc., Joyent Inc., ModuBiz Ltd, NTT Data Corporation, Rackspace Inc., TIBCO Software Inc., and Twistlock Inc.

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How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

Exclusive insight into the key trends affecting the Global Serverless Computing industry, although key threats, opportunities and disruptive technologies that could shape the Global Serverless Computing Market supply and demand.

The report tracks the leading market players that will shape and impact the Global Serverless Computing Market most.

The data analysis present in the Global Serverless Computing Market report is based on the combination of both primary and secondary resources.

The report helps you to understand the real effects of key market drivers or retainers on Global Serverless Computing Market business.

The 2021 Annual Global Serverless Computing Market offers:

100+ charts exploring and analysing the Global Serverless Computing Market from critical angles including retail forecasts, consumer demand, production and more

15+ profiles of top producing states, with highlights of market conditions and retail trends

Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Serverless Computing Market type

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Microservices in Healthcare Market Size by Emerging Trends - Global Forecast 2020-2025

The Global Microservices in Healthcare Market is expected to be around US$ 416.50 Billion by 2025 at a CAGR of 21.43% in the given forecast period.

A microservice is associate degree severally deployable service that provides new techniques in application programming interfaces (API). It helps in developing additional agile applications/software systems for purchasers. In alternative words, microservice is associate degree design that helps in developing advanced software package systems, accentuation on transcription single operate modules with precise actions and interfaces. The microservice design permits the constant distribution and readying of multifarious applications, so permitting health care organizations to boost their productivity and business processes. Major capabilities offered by microservices to health care organizations embody speed of delivery, fast innovation capabilities, and managing business operations with efficiency. The profits of microservice design, comparable their ability to spread overall strength and project sending speed, square measure the first thing that drives the market growth. However, considerations relating to security and regulative compliance and therefore the quality of design square measure expected to hinder the expansion of this market. Complication is the major restraint of the market. The global Microservices in Healthcare market is segregated on the basis of Component as Platforms and Services. Based on Deployment Model the global Microservices in Healthcare market is segmented in Cloud-Based Model and On-Premise Models. Based on End User the global Microservices in Healthcare market is segmented in Healthcare Providers, Healthcare Payers, Life Science Organizations, and Clinical Laboratories.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-105879 The global Microservices in Healthcare market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Microservices in Healthcare market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others. Competitive Rivalry Amazon Web Services, Inc., CA Technologies, Salesforce.Com, Inc., Microsoft, Pivotal Software, Inc., Infosys, IBM, Nginx, Inc., Oracle Corporation, Syntel, and others are among the major players in the global Microservices in Healthcare market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The report covers: Global Microservices in Healthcare market sizes from 2016 to 2025, along with CAGR for 2019-2025 Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025 Global Microservices in Healthcare market trends, covering comprehensive range of consumer trends & manufacturer trends Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Microservices in Healthcare market Major market opportunities and challenges in forecast timeframe to be focused Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management Comprehensive company profiles of the key industry players. Report Scope: The global Microservices in Healthcare market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Microservices in Healthcare market share. Major industry players with significant revenue share include Amazon Web Services, Inc., CA Technologies, Salesforce.Com, Inc., Microsoft, Pivotal Software, Inc., Infosys, IBM, Nginx, Inc., Oracle Corporation, Syntel, and others. Reasons to Buy this Report: Gain detailed insights on the Microservices in Healthcare industry trends Find complete analysis on the market status Identify the Microservices in Healthcare market opportunities and growth segments Analyse competitive dynamics by evaluating business segments & product portfolios Facilitate strategy planning and industry dynamics to enhance decision making.

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Telecom API Market Research Report - Forecast 2023

Telecom API Market Research Report - Forecast 2023

 Market Synopsis of Telecom API Market

Market Scenario

Rapid modernization in information technology has significantly resulted in the growth of the telecom application programming interface (API) market with a market value of USD 368.25 billion, growing with a CAGR of 17.33% in the forecast period. Recent developments and alterations in the IT sector are complimenting the telecom infrastructure with digital enhancements. Innovation results in the achievement of digital transformation comprising process optimization, technology rationalization, and new roles and skill sets which improve the organizational efficiency. It provides agility and security to integrate and bring effectiveness in business operations. These advancements result in the adoption of cloud-based technologies which benefit the enterprises by saving cost, providing security, flexibility, mobility, and collaboration. As a result, rapid innovation in technology along with the increasing penetration of cloud-based services is expected to drive the growth of the telecom API market over the forecast period.

Telecom API is a set of programming instructions and protocols used to access a web-based application. It is used for web applications and telecom related cloud applications such as messaging, payments, location sharing, identity management, webRTC, and others. Telecom API offers additional functionality to the existing systems by enhancing their performance and delivering time and cost-efficient solutions. This results in improved customer experience and the development of large software programs.

However, stringent government policies and regulations are one of the restraining factors that could potentially hamper the growth of telecom API market in the forecast period.

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 Key Players

The prominent players in the telecom API market are Telefónica S.A. (Spain), AT&T Inc. (US), Vodafone Group PLC (UK), Nokia Corporation (Finland), Google (US), Orange S.A. (France), Verizon Communications Inc. (US), Vonage (US), Fortumo (Estonia), and LocationSmart (US).

Cisco Systems (US) and Aspect Software, Inc. (US) are among the other companies providing telecom API solutions. The key players are competing in the market to provide the best available services and solutions to the telecom API users.

Segmentation

The telecom API market is broadly segmented on the basis of type, service, and end-user. These segments are further sub-segmented into the following:

On the basis of type, the Telecom API market is segmented into presence detection data, location determination data, service configuration management (SCM), and subscriber data management (SDM).

By service, the market is segmented into SMS, MMS, and RCS API, payment API, location API, identity management, webRTC, and others.

By end-user, it is segmented into enterprise developer, internal telecom developer, partner developer, and long tail developer.

 Regional Analysis

The regional analysis of telecom API market is done for North America, Europe, Asia-Pacific, and the rest of the world. Rapid adoption of cloud-based technologies and solution in North American countries such as the US, Canada, and Mexico are contributing to the growth of telecom API. Furthermore, the market in this region is driven by high disposable income of consumers who have basic technical understanding and are driven towards the latest technologies in telecom like 5G. Hence, North America is expected to account for the largest market share of the telecom API market over the assessment period.

Additionally, Asia-Pacific is projected to register considerable growth in the telecom API market during the forecast period. A number of innovations are being introduced in countries like China, India, and Japan which is fueling the growth of the market owing to the increasing ownership of smartphones in the region. However, Europe is projected to witness steady growth in the telecom API market during the forecast period due to the commercial gap in carrier product offerings and customer needs which is hampering the growth of the market.

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