Strategic Considerations for the Evolving European Telco API Market
This IDC Market Perspective analyzes the changing strategies for service API exposure in the European telecoms market. It covers key developments, including the launch of CAMARA and the rise of CPaaS providers in the industry. It analyzes strategies of leading telcos (such as Deutsche Telekom, Telefónica, and Vodafone) and the ways tech suppliers can support telco service API strategies. This report provides actionable insight for industry stakeholders on how to respond to the shift in service API strategies, as telcos strive to more fully monetize their existing network assets and generate new revenue streams in the 5G era."The telecoms industry must pull together to realize the vision of telco networks becoming service platforms, monetized by large ecosystems of developers consuming telco service APIs. This will require strategic investment as well as executive focus for operators to successfully transition to API-driven monetization models. In Europe, we see tier 1 telcos leading the way to realize this transformation, through their commitments to create harmonized industry APIs that developers actually want to use," said Chris Silberberg, research manager, IDC European Telecommunications Insights.
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