API Testing Market by Component (API Testing Services, API Testing Tools/Software), Deployment Type (Cloud, On-Premises), Vertical - Global Forecast 2024-2030
API Testing Market by Component (API Testing Services, API Testing Tools/Software), Deployment Type (Cloud, On-Premises), Vertical - Global Forecast 2024-2030
The API Testing Market size was estimated at USD 3.01 billion in 2023 and expected to reach USD 3.31 billion in 2024, at a CAGR 9.94% to reach USD 5.85 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the API Testing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the API Testing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the API Testing Market, highlighting leading vendors and their innovative profiles. These include Astegic Inc., Axway Inc, Broadcom Inc., Cigniti Technologies Limited, Cygnet Infotech Pvt Ltd, Inflectra Corporation, Infosys Limited, LogiGear Corporation, Micro Focus LLC, Nevatech, Inc., Oracle Corporation, Parasoft Corporation, QualityLogic Inc., SmartBear Software Inc., and Tricentis.
Market Segmentation & Coverage
This research report categorizes the API Testing Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
API Testing Services
API Testing Tools/Software
Deployment Type
Cloud
On-Premises
Vertical
Banking, Financial Services, & Insurance
Government
Healthcare
IT & Telecommunication
Manufacturing
Media & Entertainment
Retail & Ecommerce
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom The report offers valuable insights on the following aspects:
Market Penetration: It presents comprehensive information on the market provided by key players.
Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
What is the market size and forecast of the API Testing Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the API Testing Market?
What are the technology trends and regulatory frameworks in the API Testing Market?
What is the market share of the leading vendors in the API Testing Market?
Which modes and strategic moves are suitable for entering the API Testing Market?
Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. API Testing Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing implementation of agile practices in software development
5.1.1.2. Businesses demand for open API strategies
5.1.1.3. Complicated systems of IT industry necessitates API testing
5.1.2. Restraints
5.1.2.1. Stringent data policies and regulations
5.1.3. Opportunities
5.1.3.1. Extensive adoption of machine learning, artificial intelligence, and Internet of Things
5.1.3.2. Implementation of open API techniques in banking sector
5.1.4. Challenges
5.1.4.1. Concerns over data security and dearth of knowledge about API testing
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. API Testing Market, by Component
6.1. Introduction
6.2. API Testing Services
6.3. API Testing Tools/Software
7. API Testing Market, by Deployment Type
7.1. Introduction
7.2. Cloud
7.3. On-Premises
8. API Testing Market, by Vertical
8.1. Introduction
8.2. Banking, Financial Services, & Insurance
8.3. Government
8.4. Healthcare
8.5. IT & Telecommunication
8.6. Manufacturing
8.7. Media & Entertainment
8.8. Retail & Ecommerce
9. Americas API Testing Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific API Testing Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa API Testing Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Astegic Inc.
13.1.2. Axway Inc
13.1.3. Broadcom Inc.
13.1.4. Cigniti Technologies Limited
13.1.5. Cygnet Infotech Pvt Ltd
13.1.6. Inflectra Corporation
13.1.7. Infosys Limited
13.1.8. LogiGear Corporation
13.1.9. Micro Focus LLC
13.1.10. Nevatech, Inc.
13.1.11. Oracle Corporation
13.1.12. Parasoft Corporation
13.1.13. QualityLogic Inc.
13.1.14. SmartBear Software Inc.
13.1.15. Tricentis
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. API TESTING MARKET RESEARCH PROCESS
FIGURE 2. API TESTING MARKET SIZE, 2023 VS 2030
FIGURE 3. API TESTING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. API TESTING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. API TESTING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. API TESTING MARKET DYNAMICS
FIGURE 7. API TESTING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. API TESTING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. API TESTING MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2030 (%)
FIGURE 10. API TESTING MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. API TESTING MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 12. API TESTING MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES API TESTING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES API TESTING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA API TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. API TESTING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. API TESTING MARKET SHARE, BY KEY PLAYER, 2023