SHERIDAN, ALABAMA, UNITED STATES, October 21, 2021 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Telecom API Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global telecom API market size reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.

A telecom application programming interface (API) is a set of communication protocols and tools that help in developing mobile applications. It complements the existing network infrastructures to create vast business opportunities, eliminate the need to develop every feature from scratch, simplify the growth process, etc. A telecom API also enhances internal workflows and improves customer experiences and engagement. Apart from this, it assists in building business-to-business (B2B) offerings and finds various applications across numerous industry verticals.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Telecom API Market Trends:

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Global Telecom API Market 2021-2026 Analysis and Segmentation:

Competitive Landscape with Key Player:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

Alcatel-Lucent S.A. (Nokia Corporation)
AT&T Inc.
Cisco Systems Inc
Google LLC (Alphabet Inc.)
Huawei Technologies Co. Ltd
Infobip Ltd
LocationSmart
Orange S.A.
Twilio Inc.
Verizon Communications Inc.
Vonage Holdings Corp.

Breakup by Type:

Messaging
WebRTC
Payment
IVR
Location
Others

Breakup by User Type:

Enterprise Developers
Internal Telecom Developers
Partner Developers
Long Tail Developers
Breakup by Deployment:

On-premises
Cloud-based
Hybrid

Breakup by Industry Vertical:

BFSI
Healthcare and Life Sciences
Telecommunications and ITES
Government and Public Sector
Manufacturing, Consumer Goods and Retail
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

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