The Europe telecom API market is predicted to project a CAGR of 16.00% during the forecast period, 2022-2030, and reach a revenue of $238.99 billion by 2030.

The rising demand for telecommunications services and the growing IoT applications relying on application programming interface (API) for core networking are among the main growth drivers in the region. Also, mobile top-up API is estimated to majorly impact wireless access, thereby offering growth opportunities.

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The Europe telecom API market growth assessment includes the evaluation of the United Kingdom, France, Germany, Nordic Countries, Spain, Italy, Netherlands, and Rest of Europe. In the United Kingdom, the deployment and adoption of API platforms and solutions across end-use sectors have further facilitated technological advancements, upgradations, and developments. Additionally, the government has set the base for open data to reuse by enabling open data publications, with the focus shifting towards open data reuse and user behavior. For instance, the Government Digital Service in the UK launched an API in 2018 for content from GOV.UK for making more open data available from government sources while encouraging reuse.

In France, the telecom industry is witnessing steady growth. As per stats, the total telecommunications revenue projected an increase between 2015 and 2020. In addition, the market players in the API industry are developing and launching advanced technological and innovative products that cater to consumer needs. Whereas in Italy, the increasing mobile data traffic and the growing number of mobile internet users propel market growth. According to stats, there was a substantial increase in mobile data traffic between 2013 and 2016.

The Europe telecom API market segmentation includes the assessment of service type, end-user, and deployment type. The deployment type segment is further sub-categorized into multi-cloud telecom API, hybrid telecom API, and other deployment types.

Hybrid API helps organizations build feasible, agile, and reliable solutions for addressing business requirements. It can be deployed anywhere and configured for directing the flow of sensitive data through it. Also, the organization can have the whole control over the gateway. For instance, Apigee hybrid is a platform that develops and maintains API proxies that feature a hybrid deployment model. It entails a management plane hosted by Apigee in the cloud and a runtime plane.

Multi-cloud API is a cloud computing model, wherein an organization makes use of a cloud combination that can be two or more public or private clouds or their combination. The increasing adoption of multi-cloud API in the telecom industry facilitates on-demand services like storage, computing, database, software, networking, etc., that can be accessed through the internet. Additionally, it is becoming a necessity for businesses to meet the user demands, and the complex compliance and security needs. Moreover, it features no mega-cloud lock-in and meets regional compliance requirements.

Some of the prominent market players in the Europe telecom API market are Orange SA, Nexmo Inc, Nokia Corporation, Huawei Technologies Co Ltd, LocationSmart, etc.

Orange SA is a leading telecommunications operator globally, providing IT & telecommunication services to multinational companies under the Orange Businesses Services brand. It has a presence in more than 26 countries globally, with headquarters in Paris, France.

One of its key products, SIM Verify API, is part of the Mobile ID product segment. It performs real-time checks upon the SIM card activation date on the mobile network.

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