Worldwide Telecom and Network API Forecast, 2024-2028

Description

This IDC study discusses worldwide telecom and network API forecast for the 2024-2028 period."While the telecom industry has a mixed history of API monetization, its latest focus on novel network APIs is being championed by all leading telecom service providers to include global support from key API aggregators, such as the hyperscale cloud providers and leading CPaaS entities," says Patrick Filkins, research manager, IoT and Telecom Network Infrastructure, IDC. "Even so, we expect the short-term API opportunity to remain tied to use cases such as anti-fraud and billing, which are easier to implement. Higher value APIs, such as QoD/QoS and edge, will take longer to catch on due to technical complexity and time-to-market constraints but present the most upside longer term."

Product Code: US52187824

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Advice for Telecom Service Providers
- Advice for Network API Aggregators and Solutions Providers

Market Forecast

Market Context

Drivers and Inhibitors
- Drivers
  - Lack of 5G Monetization Driving Telecom Service Providers to Deploy API-Led Offerings Based on GSMA Open API Specifications
  - Broad Set of API Aggregators Emerging to Help Drive API Awareness and Availability to Developers and Independent Software Vendors (ISVs)
- Inhibitors
  - Many 5G Service Providers Have Yet to Scale Next-Generation Network Architectures
Significant Market Developments
Changes from Prior Forecast

Market Definitions

API Categories
- Category 1: Billing and Monetization
- Category 2: Device Status and Information, Anti-Fraud, and Verification
- Category 3: Location
- Category 4: Network Quality, Edge, and Application Performance
- Category 5: Other