A recent research report published by Transparency Market Research estimates the global telecom API market to expand robustly at a CAGR of 23.6% during the period between 2015 and 2022. The report, titled “ Telecom API Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022 ”, projects the global telecom API market to be worth US$323.44 bn by 2022. The overall market stood at a valuation of US$54.80 bn in 2014. The report states that proliferation of mobile internet and cloud technologies will drive the demand from the global telecom API market. Less time to market, greater quality of service, and cost savings for developers through the use of API are some of the factors significantly contributing towards the growth of the market. Increasing access to 4G LTE network globally will further propel the market growth. However, the report states that over the top (OTT) service providers are seizing revenue and margin of tele...