Telecom API Market Worth $664.9 billion by 2028, Growing At a CAGR of 15.7% Report by MarketsandMarkets™

Chicago, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global Telecom API Market size is projected to grow from USD 320.9 billion in 2023 to USD 664.9 billion by 2028, at a CAGR of 15.7% during the forecast period, according to a new report by MarketsandMarkets™. The rollout of 5G networks has created new opportunities for telecom API providers. The increased speed and capacity of 5G networks enable more advanced and data-intensive applications, requiring robust APIs to facilitate communication between devices and networks which will drive the market for telecom API.

Browse in-depth TOC on “ Telecom API Market

170 – Tables
47 – Figures
202 – Pages

Telecom API Market Dynamics:


  1. Advancements in 5G technology to propel demand for innovative and high-speed telecom APIs.
  2. Increasing adoption of IoT devices and applications that demand scalable APIs for connectivity
  3. Increasing demand for mobile data and rise of digital communication
  4. Increasing popularity of open APIs


  1. Concerns about data security and privacy with new APIs.
  2. Compatibility issues with existing legacy systems that obstruct seamless integration


  1. Development of marketplaces for buying and selling APIs.
  2. Valuable insights through API data analytics and creation of new revenue channels

List of Key Players in Telecom API Market:

  • Twilio (US)
  • AT&T (US)
  • Vodafone Group (UK)
  • Google (US)
  • Telefonica (Spain)
  • Verizon (US)
  • Ericsson (Sweden)
  • Deutsche Telekom (Germany)
  • Orange SA (France)
  • Cisco (US)

Inquire Before Buying @

The growth of IoT devices across various industries has led to increased demand for telecom APIs. These APIs enable devices to communicate with each other and with network infrastructure, facilitating the exchange of data and information in real-time.

By type of API, the location API segment is expected to grow with the highest CAGR during the forecast period

The location API stands as a pivotal tool, enabling seamless integration of location-based services into diverse applications. This API serves as a crucial bridge between developers and underlying location data sources, facilitating real-time access to geographical information. Its significance is evident across various use cases, from powering emergency services with precise location tracking for swift response to delivering personalized experiences through geo-fencing and targeted advertising.

By type of API, the SMS,MMS & RCS API segment is expected to hold the largest market size during the forecast period

SMS,MMS & RCS APIs play a pivotal role in the telecommunications landscape, serving as crucial tools for developers to integrate text and multimedia messaging capabilities into their applications. The SMS API allows for the seamless transmission of text messages, finding applications in various domains such as notification services, two-factor authentication, marketing, and appointment reminders. The MMS API extends these capabilities by enabling the transmission of multimedia content like images, videos, and audio files, fostering interactive and engaging messaging experiences.

Major players operating in this market ecosystem include Twilio (US), AT&T (US), Vodafone Group (UK), Google (US), Telefonica (Spain), Verizon (US), Ericsson (Sweden), Deutsche Telekom (Germany), Orange SA (France), Cisco (US), Nokia (Finland), Huawei (China), Bharti Airtel (India), Mavenir (US), Boku (US), RapidAPI (US), LocationSmart (US), SMSLOTS (Turkey), Xeebi (US), Plivo (US), Tenios (Germany), EnableX (Singapore), MessageBird (Netherlands), Telnyx (US). These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These companies offer several product offerings and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share. These companies focus on product launches, collaborations, acquisitions, contracts, and partnerships to strengthen their footprint through product innovations and extend their business reach.

Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting

Browse Other Reports:

Vision Transformers Market

Social and Emotional Learning Market

Remote Work Security Market

Connected Toys Market

Embedded AI Market

CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email:

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaShorts takes no editorial responsibility for the same.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Cookies Policy