Mind Commerce Reveals $157B Telecom Network API Revenue Opportunity
San Francisco, CA (PRWEB) July 16, 2013 -- Driven by network operator willingness and ability to leverage customer related data to enable various value-added service (VAS) applications, the telecom network API market will account for nearly $157B USD in incremental revenue by the end of 2018.
Telephony APIs capitalize on existing network infrastructure and assets to create a vast array of business opportunities for global telecommunications service providers. Telecom APIs allow carriers to disseminate a wealth of internal information to various third-party service providers. Examples include network QoS for video services, subscriber data management for advertising and profiling, and many others. Third-party companies utilize carrier information to offer a wide variety of VAS applications in return for incremental revenue to the carrier.
Today nearly 24 percent of all Web and 15 percent of all mobile applications utilize APIs. This figure is expected to increase to over 80 percent by the end of 2018, driven by growing investments from the infrastructure vendor, software developer, and network operator community. In conjunction, the average volume of API transactions for tier-one telecom carriers will increase significantly over the next four years, eventually reaching an average 167 billion transactions per month on average. As a consequence, the telecom network API market is expected to account for nearly $ 157 Billion in global revenues worldwide by 2018, growing at a CAGR of 38 % between 2013 and 2018.
The “Telecom Network API Marketplace: Strategy, Ecosystem, Players and Forecasts 2013 – 2018” report provides an in-depth assessment of the global Telecom Network API market, including business models, value chain analysis, network operator, aggregator and vendor strategies, and revenue forecasts for 2012 to 2018.
More information about the report is available from Mind Commerce at http://www.mindcommerce.com/Publications/TelecomAPI_2013-2018.php.
A report brochure is available for download (PDF) from Mind Commerce at http://www.mindcommerce.com/sites/default/files/brochure/TelecomAPI_2013-2018_June2013.pdf.
About Mind Commerce
Mind Commerce has been in the business of independent technology and market research for over ten years. Our practice focus is telecommunications (fixed and wireless) and various ICT areas including Internet based infrastructure, commerce, content, and applications.
Contact Mind Commerce at 1 877 MIND COM (877 646 3266).
Fred Taylor, Mind Commerce, (877) 646-3266, [email protected]
Share this article