NORTH AMERICA TELECOM API MARKET FORECAST 2022-2030

The North America telecom API market is expected to register a CAGR of 16.42% during the forecast period, 2022-2030, and reach a revenue of $309.36 billion by 2030.

There is a considerable demand for telecom API in the region, given the new and advanced technologies like 4G, a major factor contributing to the high revenue share of the region. Also, the integration of API and 4G technology helps enhance communication services like video & voice calls, video, and speed integration services. Subsequently, it improves the productivity of business organizations.

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The North America telecom API market growth assessment includes the analysis of Canada and the United States. In the United States, the fast-paced adoption of advanced technologies, well-established telecom & IT infrastructure, technological developments and advancements, and the presence of the majority of key market players and their strategic initiatives drive market growth. For instance, Twilio Inc announced the launch of Messaging Insights in 2020, which provides real-time analytics in the Twilio Console.

Further, the programmable telecom and APIs are extended to supplement the increasing consumer-oriented communications, digital & trade content, and software. This further helps the CSPs offer more seamless links between their varied processes to make the most of their key organizational resources. Additionally, they propel the connectivity between networks and applications, enabling providers to offer high-quality, creative offerings swifter than the time-consuming and expensive proprietary integration.

The North America telecom API market scope includes end-user, service type, and deployment type. The service type segmentation includes subscriber identity management and SSO API, location and map API, messaging API, IVR/voice store and voice-control API, WebRTC API, payment API, and other service types.

The location and map API facilitates adding location awareness to the applications with advanced features like activity recognition, automated location tracking, and geofencing. Location-based API uses geolocation features of the device that work with cell phone towers and global positioning systems (GPS) to determine the radius of the presence of the user. These APIs enable the developers to build applications that depend on the location of the user to return relevant results. For instance, Foursquare is an application that relies on the location API. Some of the prominent location and map APIs include RedLine Zip Code, Telize, IP GEO Location, Geocoding, Address Correction and Geocoding, Google Maps Driving Directions, etc.

The subscriber identity management & SSO API aids in authenticating from one application while simultaneously logging in automatically into the other one. The SSO API integrated with an application enables seamless access to the application without re-authenticating. Also, SSO streamlines the user experience while accessing other applications. Besides, it is a set of single sign-on credentials related to the user. Upon integration, the user only requires a single set of credentials to access the applications. The segment growth is attributed to technological advancements, product developments, and the growing telecommunication industry.

Some of the eminent players in the North America telecom API market include Apigee Corporation, Cisco Systems Inc, LocationSmart, Verizon Communications Inc, Nokia Corporation, etc.

Cisco Systems Inc is an American multinational technology corporation that sells, develops, and manufactures networking software, telecommunications equipment, hardware, and other technology products and services. It is one of the largest IT companies globally, specializing in specific markets like energy management, Internet of Things, videoconferencing, and domain security. The company has a strong global presence, with headquarters in California, the United States.

One of its key products, Cisco MDS NX-API, is an RPC-style API that accepts CLI commands and then returns the command output in a structured response.

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