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Telecom API Market Outlook and Forecasts 2016 - 2021LONDON, Sept. 6, 2016 /PRNewswire/ --
Over-the-Top service providers and other third-parties continue to enjoy the most benefits from Telecom APIs. However, enterprise is gaining fast on OTT providers as they begin to understand how to leverage their own communications data for improved products, services, and customer experience. Telecom APIs continue to present new attractive opportunities for network operators and service bureau providers such as Do Not Call Registry compliance and Unwanted Call blocking services. Certain technology development and adoption trends will continue to drive the long-term future of Telecom APIs including Service Oriented Architecture (SOA), Virtualization, Software Defined Networks (SDN), and the Internet of Things (IoT). Key Findings: - Telecom API revenue is forecast to reach $183.6 billion globally by 2021 - Carriers continue to miss opportunities for Telecom APIs in Internet of Things - Unwanted Call blocking a developing area for carriers to leverage Telecom APIs - OTT providers continue to lead the way in terms of wholesale revenue for carriers - Enterprise to represent an important customer base as they leverage their own data
For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/telecom-api-market-outlook-and-forecasts-2016---2021-300323339.html SOURCE ReportBuyer |