The Singapore telecom API market growth is anticipated to progress at a CAGR of 17.36% during the forecast period, 2022-2028, reaching a revenue of $7.12 billion by 2028.

SINGAPORE TELECOM API MARKET FORECAST 2022-2028

Singapore Telecom API Market by Deployment Type (Hybrid Telecom API, Multi-cloud Telecom API, Other Deployment Types) Market by Service Type (Messaging API, IVR/voice Store and Voice Control API, Webrtc API, Payment API, Location and Map API, Subscriber Identity Management and SSO API, Other Service Types) Market by End-user (Partner Developer, Enterprise Developer, Long-tail Developer, Internal Telecom Developer)

Request free sample

The Singapore telecom API market growth is anticipated to progress at a CAGR of 17.36% during the forecast period, 2022-2028, reaching a revenue of $7.12 billion by 2028.

Singapore encompasses big data at high speed and is evaluated to lead consumer services. Also, the country has high internet speeds. This is attributed to the considerable infrastructure investments as part of the Smart Nation initiative that entails innovations and ambitious technology projects.

Singapore Telecom API Market

To know more about this report, request a free sample copy

In addition, the rapid technological developments have resulted in a growing demand for telecom API in the country. Besides, recent improvements and innovations in the IT industry offer growth opportunities. This is because innovations facilitate digital change through new skills and responsibilities, technical realization, and workflow optimization that improve operational performance.

Further, telecom APIs provide stability and mobility for the productivity and incorporation of business operations. These further result in the introduction of cloud-based technologies that support the enterprises by saving money, collaboration, and offering accessibility, efficiency, and security. Moreover, the rising adoption of cloud-based services and fast-paced technical innovations offer growth opportunities.

The Singapore telecom API market segmentation includes service type, end-user, and deployment type. The service type is further sub-divided into WebRTC API, payment API, messaging API, IVR/voice store and voice-control API, location and map API, subscriber identity management and SSO API, and other service types.

IVR/voice store & voice control API refers to a voice feature available through a web interface or application programming interface. With regard to the web interface, it is available through varied customer engagement platforms. Whereas interactive voice response is used for initiating outbound calls to one or more destination numbers to receive inbound calls to the voice number from end-users. It also automates the voice call processes for enterprises. Additionally, the use of smart interactive voice response empowers the marketing initiatives and sales of businesses. Further, IVR or voice API enables the development of high-quality applications that are integrated with voice calling and IVR capabilities.

WebRTC is an open-source and free project that offers web browsers and mobile applications with real-time communication through APIs. Also, it enables audio and video communication to work inside web pages by allowing direct peer-to-peer communication and eliminating the need to install plugins or download native applications. As per the website, the project’s objective is to facilitate rich, high-quality RTC applications to be developed for the IoT devices, browsers, and mobile platforms, alongside enabling communication through a common set of protocols. Besides, it has applications for non-browser devices.

Further, payment APIs are designed for managing payments. These facilitate the processing of credit cards and tracking orders while maintaining customer lists. In addition, it enables innovations with regard to payment transaction approaches. Besides, this help protect merchants from fraud and information breaches. The segment’s growth is accredited to the rising digital payments and product developments by companies

Some of the key firms operating in the Singapore telecom API market include SingTel, Verizon Communications Inc, StarHub, Vodafone Group Plc, etc.

Vodafone Group PLC is a British multinational telecommunications company that owns and operates networks in 22 countries globally, with partner networks in 48 countries. The company’s Vodafone Global Enterprise division offers IT & telecommunications for corporate clients. It is headquartered in Newbury, Berkshire, England, with services in Oceania, Europe, Africa, and Asia.

One of its key products, the Vodafone Developer Platform, enables third-party developers to tap its billing and message APIs.

Report Synopsis

Report ScopeDetails
Market Forecast Years2022-2028
Base Year2021
Market Historical Years2018-2021
Forecast UnitsRevenue ($ Billion)
Segments AnalyzedDeployment Type, Service Type, End-User
Companies Analyzed

SingTel, StarHub, vCloudx Pte Ltd (EnableX.io), Verizon Communications Inc, Vodafone Group Plc

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON TELECOM API MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • PESTLE ANALYSIS
      • VALUE CHAIN ANALYSIS
        • DISCOVERY
        • DEVELOPMENT
        • DEPLOYMENT
        • REGISTRATION
        • EXPERIENCE
      • KEY BUYING CRITERIA
        • SPEED
        • COST
        • SERVICE
        • QUALITY
    1. MARKET BY DEPLOYMENT TYPE
      • HYBRID TELECOM API
      • MULTI-CLOUD TELECOM API
      • OTHER DEPLOYMENT TYPES
    2. MARKET BY SERVICE TYPE
      • MESSAGING API
      • IVR/VOICE STORE AND VOICE CONTROL API
      • WEBRTC API
      • PAYMENT API
      • LOCATION AND MAP API
      • SUBSCRIBER IDENTITY MANAGEMENT AND SSO API
      • OTHER SERVICE TYPES
    3. MARKET BY END-USER
      • PARTNER DEVELOPER
      • ENTERPRISE DEVELOPER
      • LONG-TAIL DEVELOPER
      • INTERNAL TELECOM DEVELOPER
    4. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • SINGTEL
        • STARHUB
        • VCLOUDX PTE LTD (ENABLEX.IO)
        • VERIZON COMMUNICATIONS INC
        • VODAFONE GROUP PLC

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – TELECOM API

    TABLE 2: SOME OF THE KEY TECHNOLOGICAL ADVANCEMENTS IN TELECOM API INDUSTRY

    TABLE 3: SINGAPORE TELECOM API MARKET, BY DEPLOYMENT TYPE, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)

    TABLE 4: SINGAPORE TELECOM API MARKET, BY DEPLOYMENT TYPE, FORECAST YEARS, 2022-2028 (IN $ BILLION)

    TABLE 5: SINGAPORE TELECOM API MARKET, BY SERVICE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)

    TABLE 6: SINGAPORE TELECOM API MARKET, BY SERVICE TYPE, FORECAST YEARS, 2022-2028 (IN $ BILLION)

    TABLE 7: SINGAPORE TELECOM API MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ BILLION)

    TABLE 8: SINGAPORE TELECOM API MARKET, BY END-USER, FORECAST YEARS, 2022-2028 (IN $ BILLION)

    TABLE 9: LIST OF MERGERS & ACQUISITIONS

    TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES                        

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VALUE CHAIN ANALYSIS

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: SINGAPORE TELECOM API MARKET, GROWTH POTENTIAL, BY DEPLOYMENT TYPE, IN 2021

    FIGURE 7: SINGAPORE TELECOM API MARKET, BY HYBRID TELECOM API, 2022-2028 (IN $ BILLION)

    FIGURE 8: SINGAPORE TELECOM API MARKET, BY MULTI-CLOUD TELECOM API, 2022-2028 (IN $ BILLION)

    FIGURE 9: SINGAPORE TELECOM API MARKET, BY OTHER DEPLOYMENT TYPES, 2022-2028 (IN $ BILLION)

    FIGURE 10: SINGAPORE TELECOM API MARKET, GROWTH POTENTIAL, BY SERVICE TYPE, IN 2021

    FIGURE 11: SINGAPORE TELECOM API MARKET, BY MESSAGING API, 2022-2028 (IN $ BILLION)

    FIGURE 12: SINGAPORE TELECOM API MARKET, BY IVR/VOICE STORE AND VOICE CONTROL API, 2022-2028 (IN $ BILLION)

    FIGURE 13: SINGAPORE TELECOM API MARKET, BY WEBRTC API, 2022-2028 (IN $ BILLION)

    FIGURE 14: SINGAPORE TELECOM API MARKET, BY PAYMENT API, 2022-2028 (IN $ BILLION)

    FIGURE 15: SINGAPORE TELECOM API MARKET, BY LOCATION AND MAP API, 2022-2028 (IN $ BILLION)

    FIGURE 16: SINGAPORE TELECOM API MARKET, BY SUBSCRIBER IDENTITY MANAGEMENT AND SSO API, 2022-2028 (IN $ BILLION)

    FIGURE 17: SINGAPORE TELECOM API MARKET, BY OTHER SERVICE TYPES, 2022-2028 (IN $ BILLION)

    FIGURE 18: SINGAPORE TELECOM API MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 19: SINGAPORE TELECOM API MARKET, BY PARTNER DEVELOPER, 2022-2028 (IN $ BILLION)

    FIGURE 20: SINGAPORE TELECOM API MARKET, BY ENTERPRISE DEVELOPER, 2022-2028 (IN $ BILLION)

    FIGURE 21: SINGAPORE TELECOM API MARKET, BY LONG-TAIL DEVELOPER, 2022-2028 (IN $ BILLION)

    FIGURE 22: SINGAPORE TELECOM API MARKET, BY INTERNAL TELECOM DEVELOPER, 2022-2028 (IN $ BILLION)       

    1. MARKET BY DEPLOYMENT TYPE
      • HYBRID TELECOM API
      • MULTI-CLOUD TELECOM API
      • OTHER DEPLOYMENT TYPES
    2. MARKET BY SERVICE TYPE
      • MESSAGING API
      • IVR/VOICE STORE AND VOICE CONTROL API
      • WEBRTC API
      • PAYMENT API
      • LOCATION AND MAP API
      • SUBSCRIBER IDENTITY MANAGEMENT AND SSO API
      • OTHER SERVICE TYPES
    3. MARKET BY END-USER
      • PARTNER DEVELOPER
      • ENTERPRISE DEVELOPER
      • LONG-TAIL DEVELOPER
      • INTERNAL TELECOM DEVELOPER

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

      Choose License Type