Network APIs: Market Research Roundup
The Network APIsmarket is expected to experience significant growth in the coming years, driven by factors such as the increasing adoption of cloud computing, location-based services, the rise of the IoT, and the growing demand for digital services.
Network APIs allow external applications and services to interact with the core functionalities of mobile networks and offer new avenue for revenue generation by enabling them to monetise the network and open it up to developers to create new innovative services whilst enhancing the customer experience.
Below you’ll find a roundup of some of the latest market forecasts from leading research houses.
Mckinsey & Company: What it will take for telcos to unlock value from network APIs (February 2024)
Over the next five to seven years, we estimate the network API market could unlock around $100 billion to $300 billion in connectivity- and edge-computing-related revenue for operators while generating an additional $10 billion to $30 billion from APIs themselves.
Omdia: Omdia forecasts global telecoms network API revenues of $9bn in 2029 (October 24)
New research from Omdia predicts a surge in telecom network API revenue, with global revenue projected to rise from $161 million in 2023 to $8.7bn in 2029, driven by subscriber identity APIs.
ABI Research: Telco APIs: Market Sizing and Key Findings (June 24)
The network API market size is expected to increase by 10X between 2024 and 2028, reaching a US$13.4 billion valuation by the end of the forecast period. Three main areas were considered in this forecast: Quality of Service (QoS) on Demand, network slicing, and security. Although slicing use cases dominate the network API market today, security use cases will overtake slicing as the biggest revenue driver by 2028.
https://www.abiresearch.com/news-resources/chart-data/research-report-network-api-market-size
STL Partners: Network API monetisation forecast 2023–2030: Growth beyond anti-fraud (May 24)
The total value of network APIs market will grow from US$4 billion in 2023 to US$34 billion in 2030 at a CAGR of 34% over the 7-year period. This value will be spread between realisable revenues through direct and indirect channels (where aggregators will take a margin) and enablement value to support operators’ edge computing or private network strategies.
Network API Training Programmes
Wray Castle offers of range of comprehensive instructor-led training courses designed to equip telecoms engineers with the knowledge and skills required to master Network APIs and the underlying technologies driving modern communication networks. We’ve been at the forefront of delivering training in Network APIs for the past 4 years.
As telecom networks evolve, APIs have become critical in enabling interoperability, automation, and scalability across various network functions, making understanding them essential for engineers working in today’s dynamic environment.
| Course | Duration Days | Course Code |
| API – Application Programming Interface | 1 | AP2401 |
| APIs for Network Exposure - From 3GPP Standards to Open Gateway Initiatives | 2 | AP2402 |
| Multi-Access Edge Computing (MEC) | 2 | FG2101 |
| Network Function Virtualization (NFV) Engineering | 2 | IP2201 |
| Open-Source in Mobile Networks | 1 | RP2101 |
| 5G Network Slicing | 1 | FG1904 |
| 5G Service Based Architecture (SBA) & Core Network | 2 | FG1903 |
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