Global API Management Market Size, Trends and Growth opportunity, By Deployment Type (into on-premises and cloud), By Organization Size (SMEs and Large Enterprises), By Component (solutions and services), By Industries (government, healthcare, retail, manufacturing, BFSI, IT and telecom and others),By region and forecast till 2027.
Global API Management Market
The Global API Management Market was valued at US$2.2 Billion in 2021 and it is expected to reach at US$31.5 Billion in 2027 at a CAGR of 34.5% during forecast period 2022-2027.
The functions of the API market related to publishing, documenting, and managing application programming interfaces are covered in the global API management market research. These provide as a method of access into a secure setting. These all work together to form the API management. The primary objective of the API management market is to enable and support a company that works to publish an API in order to track the lifecycle of an interface. A large portion of how the market operates is how to meet the needs of developers.
Market Drivers
Mobility, more mobile subscribers, the proliferation of apps, the emergence of social media, and the expansion of both public and private sector APIs are some of the key drivers of the worldwide API management industry. Furthermore, there is an increase in the demand for big data, increased IoT breakthroughs, and increased momentum for web APIs.
Market Restraints
Evaluation of an API's quality, adaptability, and stability is crucial for a business when adopting API management solutions in the current infrastructure. It takes a skilled developer with solid knowledge of software development, the most recent developments in API administration, and related technologies to implement an error-free API management environment. As a result, hiring and training highly competent professionals will take a lot of time and money.
Market Segmentation
The global API management market segmented on the basis of deployment types, organization size, component and industries. On the basis of deployment types it segmented into on-premises and cloud. On the basis of organization size it segmented into SMEs and large enterprises. On the basis of component it segmented into solutions and services. On the basis of industries it segmented into government, healthcare, retail, manufacturing, BFSI, IT and telecom and others.
Regional Analysis
The global API management market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. In terms of API Management market share in 2021, North America was dominant. The market's expansion in North America is being fuelled by the existence of a sizable number of API management solution makers, ongoing technological advancements, and the accessibility of qualified technical expertise. However, the Asia-Pacific region is anticipated to see the largest growth in the coming years as a result of rising mobile user populations and the penetration of e-commerce in developing countries, which are likely to further energise the region's API management market.
Key Players
Various key players are listed in this report such as Amazon Web Services (AWS), Axway, Google, IBM, Microsoft Corporation, Oracle Corporation, Red Hat, SAP SE, Software AG, and TIBCO.
Market Taxonomy
By Deployment Type
On-Premises
Cloud
By Organization Size
SMEs
Large Enterprises
By Component
Solutions
Services
By Industries
Government
Healthcare
Retail
Manufacturing
BFSI
IT
Telecom
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global API Management Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global API Management Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global API Management Market, By Deployment Type
- 5.1 Y-o-Y Growth Comparison, By Deployment Type
- 5.2 Global API Management Market Share Analysis, By Deployment Type
- 5.3 Global API Management Market Size and Forecast, By Deployment Type
- 5.3.1 On-Premises
- 5.3.2 Cloud
- 6 Global API Management Market, By Organization Size
- 6.1 Y-o-Y Growth Comparison, By Organization Size
- 6.2 Global API Management Market Share Analysis, By Organization Size
- 6.3 Global API Management Market Size and Forecast, By Organization Size
- 6.3.1 SMEs
- 6.3.2 Large Enterprises
- 7 Global API Management Market, By Component
- 7.1 Y-o-Y Growth Comparison, By Component
- 7.2 Global API Management Market Share Analysis, By Component
- 7.3 Global API Management Market Share Analysis, By Component
- 7.3.1 Solutions
- 7.3.2 Services
- 8 Global API Management Market, By Industries
- 8.1 Y-o-Y Growth Comparison, By Industries
- 8.2 Global API Management Market Share Analysis, By Industries
- 8.3 Global API Management Valve Market Size and Forecast, By Industries
- 8.3.1 Government
- 8.3.2 Healthcare
- 8.3.3 Retail
- 8.3.4 Manufacturing
- 8.3.5 BFSI
- 8.3.6 IT and Telecom
- 8.3.7 Others
- 9 Global API Management Market, By Region
- 9.1 Global API Management Market Share Analysis, By Region
- 9.2 Global API Management Market Share Analysis, By Region
- 10 North America API Management Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 North America API Management Market Share Analysis, By Deployment Type
- 10.3 North America API Management Market Size and Forecast, By Organization Size
- 10.4 North America API Management Market Size and Forecast, By Component
- 10.5 North America API Management Market Size and Forecast, By Industries
- 10.5 North America API Management Market Size and Forecast, By Country
- 10.5.1 U.S
- 10.5.1 Canada
- 10.5.3 Mexico
- 11 Europe API Management Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Europe API Management Market Share Analysis, By Deployment Type
- 11.3 Europe API Management Market Size and Forecast, By Organization Size
- 11.4 Europe API Management Market Size and Forecast, By Component
- 11.5 Europe API Management Market Size and Forecast, By Industries
- 11.6 Europe API Management Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.2 France
- 11.6.3 UK
- 11.6.4 Rest of Europe
- 12 Asia Pacific API Management Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Asia Pacific API Management Market Size and Forecast, By Deployment Type
- 12.3 Asia Pacific API Management Market Size and Forecast, By Organization Size
- 12.4 Asia Pacific API Management Market Size and Forecast, By Component
- 12.5 Asia Pacific API Management Market Size and Forecast, By Industries
- 12.6 Asia Pacific API Management Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.2 Japan
- 12.6.3 India
- 12.6.4. Rest of Asia Pacific
- 13 Latin America API Management Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Latin America API Management Market Size and Forecast, By Deployment Type
- 13.3 Latin America API Management Market Size and Forecast, By Organization Size
- 13.4 Latin America API Management Market Size and Forecast, By Component
- 13.5 Latin America API Management Market Size and Forecast, By Industries
- 13.6 Latin America API Management Market Size and Forecast, Country
- 13.6.1 Brazil
- 13.6.2. Rest of Latin America
- 14 Middle East API Management Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Middle East API Management Market Share Analysis, By Deployment Type
- 14.3 Middle East API Management Market Size and Forecast, By Organization Size
- 14.4 Middle East API Management Market Size and Forecast, By Component
- 14.5 Middle East API Management Market Size and Forecast, By Industries
- 14.6 Middle East API Management Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.2. UAE
- 14.6.3. Egypt
- 14.6.4. Kuwait
- 14.6.5. South Africa
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1. Amazon Web Services (AWS)
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2. Axway
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3. Google
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4. IBM
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5. Microsoft Corporation
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6. Oracle Corporation
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7. Red Hat
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8. SAP SE
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9. Software AG
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10. TIBCO
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
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