Telecom API Platform Market to expand at a CAGR of 19.1% from 2015 to 2022


Posted March 25, 2016 by john55364

Global telecom API platform market is expected to reach a value of US$5.23 bn by 2022. The market is estimated to expand at a CAGR of 19.1% during the forecast period from 2015 to 2022.

 
According to a new market report published by Transparency Market Research entitled “Telecom API Platform Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” the global telecom API platform market is expected to reach a value of US$5.23 bn by 2022. The market is estimated to expand at a CAGR of 19.1% during the forecast period from 2015 to 2022.

The key driving factors for the global telecom API platform market include increasing competition between telecom carriers, particularly in emerging economies, coupled with the growing trend of digitization in MNOs. In the coming years, M2M and IoT are anticipated to provide potential growth opportunities to the global telecom API platform market.

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Europe was the largest geographical segment of the telecom API platform market in 2014 with about one-third of the total market. The expansion of the Internet user base in Europe at a prolific rate, coupled with growing smartphone penetration, would contribute to the growth of e-commerce in Europe and would increase the number of APIs and thereby the need for operators to embrace API management platforms.

The T1 players occupied a major share of the telecom API platform market by telecom operator types in 2014. T1 players have the necessary infrastructure required to offer API services and these players mostly exist in established regional markets such as in North America and Europe. The telecom API platform market is significantly driven by T1 players as they make maximum investments in management platforms. T3 players are anticipated to grow the fastest, with an expected CAGR of 26.0% during the forecast period, as they lack any existing API service at present; however, they have an API strategy that would help them penetrate the telecom API platform market in the coming years.

Browse Market Research Report:
http://www.transparencymarketresearch.com/telecom-api-platform-market.html

The monetization and pricing model segment on the basis of module acquired the majority share of the telecom API platform market in the year 2014 due to continuous investments from T1 players on monetization and pricing for both internal and external APIs. Set-up service is the fastest-growing segment, projected to expand at a CAGR of 19.2% from 2015 to 2022 as the number of T3 players grows in the market intend to adopt API services in the near future.

Leading players in the telecom API platform market in 2014 include Alcatel-Lucent S.A., Aepona Ltd., Apigee Corp., Huawei Technologies Co. Ltd., Oracle Corp., Hewlett-Packard Development Co., LM Ericsson, Tropo, Inc., Axway Software S.A., and ZTE Soft Technology Co., Ltd.

The global telecom API platform market is segmented as below:

By Telecom Operator
T1 Player
T2 Player
T3 Player

By Module
Set-up
Monetization and Pricing Model
Operator Share
Vendor Share

By Geography

North America
The U.S.
Rest of North America

Europe
EU7 Countries
CIS Countries
Rest of Europe

Asia Pacific
China
Japan
South Asia
Australasia
Rest of APAC

Middle East and Africa (MEA)
GCC Countries
South Africa
Rest of MEA

Latin America
Brazil
Rest of Latin America

Browse Article :
http://www.transparencymarketresearch.com/article/telecom-api-platform-market.htm

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Issued By Mr.Sudip S
Country United States
Categories Technology
Tags global telecom api platform market , telecom api platform market
Last Updated March 25, 2016