NEW YORK, July 18, 2024 /PRNewswire/ -- Telco Application
Programming Interfaces (APIs) have been at the forefront of many
recent announcements and market developments, led by the CAMARA
project and GSMA's Open Gateway initiative. Despite several
optimistic projections by trade associations, the value generated
by these APIs will likely be limited to US$13.4 billion and only if telcos plan
accordingly, according to ABI Research, a global tech
intelligence firm. Telcos are no strangers to API initiatives and
projects, and their past includes a plethora of failed attempts.
ABI Research expects network slicing, Quality of Service on Demand,
and security APIs to be the most successful options, given that
they provide unique functionality not offered by other companies to
developers.
"Despite several recent optimistic telco API forecasts by trade
associations claiming these APIs will generate hundreds of billions
in the next five years, it is unlikely that telcos will be able to
convert these initiatives to a commercial success. They will need
to change their mindset, culture, and commercial model radically,"
says Dimitris Mavrakis, Senior
Research Director at ABI Research. "The involvement of
Communication Platform as a Service (CPaaS) providers and
hyperscalers in telco APIs, which already have succeeded in
creating developer communities, can take a significant burden away
from telcos and help them commercialize their API
initiatives."
According to recent telco API forecasts published by ABI
Research, security APIs will lead in revenue with US$5.3 billion by 2028, followed by network
slicing with US$5 billion and Quality
of Service on Demand with US$3.14
billion by the same year. Mavrakis explains, "Even these
targets will require significant effort by telcos to at least
homogenize API exposure across their networks and offer a
consistent interface to CPaaS providers and hyperscalers. CAMARA
and Open Gateway APIs are a step in the right direction. Still,
there is significant work to be done, especially in the technology
enabling these APIs, such as charging, billing, and network
orchestration."
Telco APIs should be considered as a shortcut to commercializing
complex services, including network slicing and Quality of Service
on Demand, especially when offered by CPaaS providers or
hyperscalers who can federate across multiple telcos and offer
developers access to a critical mass of subscribers. "Telcos should
prioritize API initiatives and even consider them as a training
medium for the advanced services being planned for 6G," Mavrakis
concludes.
These findings are from ABI Research's Telco APIs: Market Sizing
and Key Findings Application Analysis report. This report is part
of the company's 5G & 6G Cloud-Native
Systems research service, which includes research, data, and
ABI Insights. Based on extensive primary interviews,
Application Analysis reports present an in-depth analysis of
key market trends and factors for a specific application, which
could focus on an individual market or geography.
About ABI Research
ABI Research is a global technology intelligence firm uniquely
positioned at the intersection of technology solution providers and
end-market companies. We serve as the bridge that seamlessly
connects these two segments by providing exclusive research and
expert guidance to drive successful technology implementations and
deliver strategies proven to attract and retain customers.
ABI
Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。
For more information about ABI Research's services, contact us
at +1.516.624.2500 in the Americas, +44.203.326.0140 in
Europe, +65.6592.0290 in
Asia-Pacific, or
visit www.abiresearch.com.
Contact Info:
Global
Deborah
Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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