세계 통신 API 시장 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2024-2029년)

The Telecom API Market size is estimated at USD 312.83 billion in 2024, and is expected to reach USD 603.66 billion by 2029, growing at a CAGR of 14.05% during the forecast period (2024-2029).

Key Highlights

• North America dominated the Telecom API market in 2022 with a market share of more than 30% which can be attributed mainly to its early and widespread adoption of API technologies. Rapid technological innovations, along with the increasing penetration of cloud-based services across the telecom sector, are expected to drive the growth of the telecom API market.
• Over the past couple of decades, with the ongoing technological advancements and implementation of new software infrastructure, there has been a climacteric rise in the development of the telecommunication sector worldwide. The tectonic shift toward digital technologies will likely substantially impact the telecom sector's future.
• With the increasing number of mobile service subscribers, the demand for mobile-based technologies has grown significantly in past years, increasing the demand for telecom apis due to their scalability. The integration of streamlined messaging and voice is the primary factor that is likely to reshape the telecom industry during the forecast period.
• Despite all the benefits offered by the telecom API, data security remains a concern where-in attacks by malicious parties can lead to them accessing the sensitive information of the users and the devices on which the application is being operated.
• At the time of the COVID-19 pandemic worldwide, telecom API vendors have been developing solutions that can cope with the situation for better accessibility by implementing strategies such as new product developments, mergers & acquisitions, and geographical expansion. For instance, in March last year, U.S.-based T-Mobile Venture invested in telecom API development startup signalwire, which develops voice, video, and messaging apis to advance API and 5G technology, among others.

Telecom Application Programming Interface (API) Market Trends

Hybrid Segment to hold major share

• Communication, which aims to connect any two individuals, is currently shifting toward man-to-machine and machine-to-machine connections for exchanging various sorts of data. Because of the various types of data involved in the process, this transmission scenario, with an ever-increasing number of active and passive users, sets the groundwork for a range of communication protocols. Middleware, in this ever-expanding communication arena, can be thought of as a set of hardware and software that is used to connect different platforms with end-users, who are increasing in number on a daily basis, with a possible widespread use over any region spanning from a few meters to several kilometers.
• The telecommunications sector is significantly transitioning from physical to digital networks. The telecom industry comprises a wide range of consumers that need to be offered a wide spectrum of services, irrespective of their devices and locations. To cater to the same, telecom carriers seek cloud solutions for delivering their services in response to consumer demands.
• This rise in demand for microservices can be considered a sign of the natural evolution of enterprise application development. Technology trends, such as migration to cloud platforms and a shift toward an API economy, are being witnessed in the current market scenario. Web-based applications can help service providers in the telecom industry improve the quality and reliability of their mobile communications, broadband services, and open-source technologies, boost their market share, and improve their profitability.
• Focusing on improving the customer experience, telecommunications players are revising microservices architecture (MSA) in their IT and network architectural capabilities to support extensibility and elasticity. The supportive government regulations worldwide also encourage telecom players to open their communication systems via APIs. This is expected to promote the growth of middleware architecture solutions across telecommunications business models.
• The Mobile Application Support Environment (MASE) is a distributed system that works on both the mobile device and a device known as a mobility gateway. The latter acts as a bridge between fixed and wireless network infrastructures. It is an agent for mobile clients, often linked over unreliable wireless access networks with limited bandwidth. MASE gives access to the UMTS adaption layer (UAL), which allows unified access to all conceivable underlying networks for applications and middleware components. An additional general support layer provides the functionality required for distributed systems.
• The evolution of cellular network technology has allowed users to experience faster data speeds and lower latency. It has also prompted the rapidly increasing use of services and applications that are data-heavy. The significant rise in the volume of data being carried by cellular networks has been primarily driven by consumer demand for video and business and consumer moves to the use of cloud services. This factor is expected to drive the need for a 5G connection that offers fast and high-capacity networks. Moreover, with the introduction of 5G in the coming years, telecom companies are expected to be eager to focus on edge computing solutions, which would be enabled by middleware architecture vendors.

North America to Hold Major Market Share

• The region's dominance can be attributed to the recent increase in mobility and the explosion of smart mobile devices due to the consumerization of IT, thereby helping the Telecom API grow in the region.
• Moreover, with the rising demand for cost-effective and user-friendly browser-based communication solutions, many notable vendors are looking to introduce vertical-specific WebRTC and cloud solutions in the region, which is expected to boost the market's growth.
• The region comprises the United States and Canada. A significant number of mobile network operators are already leveraging telecom APIs to support robocall detection and unwanted call management in the United States. Some of these same processes and procedures will become bridges toward the mediation of LoT network authentication and authorization.
• The US is one of the foremost innovators and investors in the 5G market, owing to its high rate of investment in 5G deployment. The telecom industry in the country accounts for a significant portion of the global consumption of 5G technology.
• In January 2023, to create safe 5G network slicing and enhance Canada's security and defense, the University of Waterloo announced the creation of the "5G and Beyond" mobile network technology collaboration. The organization has received funding from the Department of National Defense (DND) as part of its Innovation for Defense Excellence and Security (IDEaS) program. A group of computer scientists from the University of Waterloo is leading the multi-partner consortium. It will cost CAD 1.5 million (USD 1.12 million).
• During this crisis, Canada's facilities-based telecommunications service providers, the companies that build and operate Canada's telecommunications networks, are focused on ensuring After years of investing in network infrastructure and operations, resulting in incredibly resilient networks in the face of intensified network traffic and altered usage patterns, the telecom API market is growing.

Telecom Application Programming Interface (API) Industry Overview

The intensity of competitive rivalry is high in the telecom API market, owing to the presence of major telecom players such as AT&T Inc., Nokia Corporation, Twilio Inc., and Ericsson. The level of intensity of competitive rivalry is expected to increase significantly over the forecast period, owing to higher market penetration and the deployment of powerful, innovative API algorithms, especially by established market players.

August 2023, Cisco is announcing its intent to acquire Working Group Two (WG2), a Norwegian company that pioneered a cloud-native mobile services platform that's entirely API consumable and highly programmable. Built for simplicity, innovation, and efficiency, WG2's platform uses the web-scale playbook and operating models, which makes it a natural fit with our Mobility Services Platform. WG2's technology and team beautifully align with the same approach: simplifying the Mobile network architecture to deliver a radically innovative mobile service. With WG2 and the Cisco Mobility Services Platform, the company boosts service edge deployment and API first strategy for application development partners, Enterprise customers, and Service Provider partners.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Ecosystem Analysis
• 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3.1 Bargaining Power of Suppliers
  • 4.3.2 Bargaining Power of Buyers
  • 4.3.3 Threat of New Entrants
  • 4.3.4 Intensity of Competitive Rivalry
  • 4.3.5 Threat of Substitute Products
• 4.4 COVID-19 Impact on the Industry Ecosystem

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Growth in Enhanced Scalability and Reduced Time-to-Market along with Decreasing Operational Cost
  • 5.1.2 Proliferation of the Middleware Architecture across Telecom's Business Model
• 5.2 Market Challenges
  • 5.2.1 Security Concern due to the Increasing API Vulnerabilities

6 API USE CASES IN THE TELECOM INDUSTRY

7 MARKET SEGMENTATION

• 7.1 By Type of Service
  • 7.1.1 Messaging API
  • 7.1.2 IVR/Voice Store and Voice Control API
  • 7.1.3 Payment API
  • 7.1.4 WebRTC (Real-Time Connection) API
  • 7.1.5 Location and Map API
  • 7.1.6 Subscriber Identity Management and SSO API
  • 7.1.7 Other Types of Service
• 7.2 By Deployment Type
  • 7.2.1 Hybrid
  • 7.2.2 Multi-cloud
  • 7.2.3 Other Deployment Types
• 7.3 By End-User
  • 7.3.1 Enterprise Developer
  • 7.3.2 Internal Telecom Developer
  • 7.3.3 Partner Developer
  • 7.3.4 Long Tail Developer
• 7.4 By Geography
  • 7.4.1 North America
  • 7.4.2 Europe
  • 7.4.3 Asia Pacific
    • 7.4.3.1 China
    • 7.4.3.2 South Korea
    • 7.4.3.3 Australia and New Zealand
    • 7.4.3.4 India
    • 7.4.3.5 Indonesia
    • 7.4.3.6 Thailand
    • 7.4.3.7 Singapore
    • 7.4.3.8 Malaysia
    • 7.4.3.9 Rest of Asia Pacific
  • 7.4.4 Latin America
  • 7.4.5 Middle East and Africa

8 COMPETITIVE LANDSCAPE

• 8.1 Company Profiles*
  • 8.1.1 AT&T Inc.
  • 8.1.2 Telefonica SA
  • 8.1.3 Twilio Inc.
  • 8.1.4 Infobip Ltd
  • 8.1.5 Sinch (CLX Communication)
  • 8.1.6 Verizon Communications Inc.
  • 8.1.7 Orange SA
  • 8.1.8 Deutsche Telekom AG
  • 8.1.9 Ribbon Communications
  • 8.1.10 Huawei Technologies Co. Ltd
  • 8.1.11 Telefonaktiebolaget LM Ericsson
  • 8.1.12 Cisco Systems Inc.
  • 8.1.13 Google LLC (Apigee Corporation)
  • 8.1.14 Vodafone Group
  • 8.1.15 Nokia

9 VENDOR CAPABILITY MATRIX

10 KEY CASE STUDIES OF MAJOR VENDORS

11 INVESTMENT ANALYSIS

12 MARKET OPPORTUNITIES AND FUTURE TRENDS