How big is the Telecom API Market?

The Telecom API Market size is expected to reach USD 312.83 billion in 2024 and grow at a CAGR of 14.05% to reach USD 603.66 billion by 2029. Read More

What is the current Telecom API Market size?

In 2024, the Telecom API Market size is expected to reach USD 312.83 billion. Read More

Who are the key players in Telecom API Market?

AT&T Inc., Telefónica SA, Twilio Inc., Infobip Ltd and Sinch (CLX Communication) are the major companies operating in the Telecom API Market. Read More

Which is the fastest growing region in Telecom API Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Telecom API Market?

In 2024, the North America accounts for the largest market share in Telecom API Market. Read More

What years does this Telecom API Market cover, and what was the market size in 2023?

In 2023, the Telecom API Market size was estimated at USD 268.88 billion. The report covers the Telecom API Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Telecom API Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Telecom API Market Share

Statistics for the 2023 & 2024 Telecom API market share, created by Mordor Intelligence™ Industry Reports. Telecom API share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Telecom API Industry

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 during the forecast period, owing to higher market penetration and the deployment of powerful, innovative API algorithms, especially by established market players.

February 2024: Ericsson-owned Vonage and American multinational telecommunications operator AT&T collaborated to expand the power of the network for developers and enterprises through APIs. Vonage’s communications and network APIs make it easy for developers to embed communications capabilities into applications, systems, and workflows.
September 2023: German carrier Deutsche Telekom announced the commercial launch of network application programming interfaces (APIs) under the brand “MagentaBusiness API.” With this, developers and business customers can now build apps and services that communicate using Deutsche Telekom’s network in Germany.