NEEDHAM, Mass., June 6, 2024 – Worldwide revenues for telecom and network APIs will reach $6.7 billion in 2028, according to a new forecast from International Data Corporation (IDC). This represents a compound annual growth rate (CAGR) of 57.1% over the 2023–2028 forecast period. Worldwide market revenue for APIs was just over $700 million in 2023.
