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:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. 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.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the API Testing Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the API Testing Market?
    3. What are the technology trends and regulatory frameworks in the API Testing Market?
    4. What is the market share of the leading vendors in the API Testing Market?
    5. 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

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