Telecom api market

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Telecom API

Market:

Industry Analysis

and

Opportunity

Assessment

The speedy proliferation of cloud-based technologies and the increasing use of mobile internet are the two key drivers for telecom API providers today. There is a massive demand for mobile applications already, with a further increase in demand over the years to come. The Cisco Visual Networking Index for 2014 to 2019 shows that the amount of mobile data used is expected to cross 24.3 Exabytes by 2019, primarily due to VoIP and mobile video streaming. A significant portion of this data will be driven through cloud-based applications. Developers that use telecom API can also enjoy several advantages such as a lesser time to market, relative savings in cost, and a much better position to provide optimum quality of service. A few telecom carriers also offer greater bandwidth for streaming mobile data within specific mobile applications, which can be done through the API chosen by the developer of the app. As a result, the application itself can gain user preference and rating while further reducing the cost of marketing. There is, however, the increasing competition in revenues and margin values that over the top service providers are giving to telecom operators. These OTT services make telecom services incur infrastructure costs while only allowing them to charge users for data usage. The over result of such positive and negative factors of influence on the global market for telecom API, is a projected CAGR of 23.6% from 2015 to 2022. This highly positive rate of growth is expected to allow the market to generate a revenue of US$97.06 bn by the end of 2016 and US$323.44 bn by 2022. Obtain Report Details @ http://www.transparencymarketresearch.com/telecom-api-market.html The demand for telecom API in North America has consistently been very high owing to the constantly increasing demand for mobile applications and an already large number of mobile data users. Their numbers are expected to increase even further over the coming years. The massive number of unique subscribers in the region is moving towards smartphones at a very fast


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