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Stock impact report

Telecom API Industry Assessment (2024-2032) by Type, User, Deployment, Industry Vertical, Region and Company - A Projected $1.24 Trillion Landscape [Yahoo! Finance]

Telecom Argentina SA (TEO) 
Company Research Source: Yahoo! Finance
Dublin, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The "Telecom API Market Report by Type, User Type, Deployment, Industry Vertical, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global telecom API market reached US$ 335.6 billion in 2023. Looking forward, the market is expected to reach US$ 1.24 trillion by 2032, exhibiting a growth rate (CAGR) of 15.7% during 2023-2032. The rising demand for mobile and internet services, digital transformation, growing IoT industry, and advancements in 5G technology are primarily driving the market growth. Telecom API Market Analysis: Major Market Drivers: A rise in the number of mobile service subscribers around the world coupled with the growing digitization of the telecommunication industry has propelled companies worldwide to develop new revenue systems, is driving the market growth. Key Market Trends: Integration of the Internet of Things (IoT) with telecom APIs to help monetize additional connections and Show less Read more
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