Albany, NY -- (SBWIRE) -- 11/20/2017 -- An API allows the software program to communicate with one another to reach a broader audience. API also allows sharing information, location, message, voice, and video using the devices such as a smartphone. Telecom APIs such as SMS API, voice API, video API, and payment API are powered by the network operators to allow end-customer to avail the services like voice and video calling, SMS generation, and making e-payments through payment gateways.

Technavios analysts forecast the global telecom application programming interface (API) market to grow at a CAGR of 31.94% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global telecom application programming interface (API) market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of API to the application developers, who integrate the API into their applications based on the services and functionality.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Telecom Application Programming Interface (API) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Apigee
AT&T
MuleSoft
Orange
Twilio
Verizon Communications

Other prominent vendors
Nexmo
Fortumo
Tropo
Aspect Software
Telefonica

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Market driver
Expansion in enterprise business models
For a full, detailed list, view our report

Market challenge
Uneven demand for APIs in market
For a full, detailed list, view our report

Market trend
Development of telecom API-fication
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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