Worldwide API Management Market [by Segments (API Analytics, API Portal, API Gateway, API Governance, API Security, API Services); by Verticals; By Regions]: Market Size, Forecasts, Insights, Analysis and Opportunities (2016 – 2021)
The report on the API Management market provides an in-depth analysis of the market size, forecasts and opportunities of API Management that cater to the enterprise markets. The report provides the market size and forecasts of API Management segmented by API Analytics, API Portals, API Gateways, API Governance, API Security and API Services. The report provides the market data for these segments across industry verticals – Aerospace and Defense, Automotive and Transportation, Banking and Finance, Healthcare and Life Sciences, Public Sector and Government, Technology and Media, and Others. Further to this, the report also provides the market data for these segments by industries across five regions – North America, Europe, Asia-Pacific, Central America and Latin America (CALA), and Middle-East and Africa (MEA).
Arcluster’s API Management market report also includes insights into key market requirements gathered from enterprises, IT managers, CIOs, and decision makers. The study also covers their preferences, priorities and perception of the applications and adoption of API Management. The report also includes key demand side ratings such as ratings across regions for API management features, components, deployment models, and deployment timeframes. The analysis in this report will help market participants, vendors, distributors, partners, and ecosystem players to develop strategies, marketing goals and business decisions based on the actionable market intelligence from this report.
This API Management market report has been built on a rigorous period of information gathering from both secondary and primary sources through several interviews with industry participants, vendors, enterprises, consultants, organizations, and regulators. Data gathered from these interviews and surveys was curated, analyzed, and engineered to understand buying, spending, demand and supply patterns and to estimate market sizes and forecasts. The resultant data was checked for applicability across value chains through market-data associations and then further validated through multiple check points to check consistencies, error samples, variances.
Companies mentioned in the report:
3scale (RedHat), Akana, Amazon, Apiary.io, Apigee (Google), Axway, CA Technologies, Forum Systems (Crosscheck Networks), Dell Boomi, Distil Networks, Fiorano Software, Inc., IBM, Mashape, Mashery (Tibco), Microsoft, MuleSoft, Nevatech, NGINX Software Inc., Oracle, RepreZen, Restlet, SAP, Sapience, Socrata, Software AG, Stormpath, Telenity, Torry Harris, Tyk, WSO2
The 2016 syndicated study report on the API Management market is part of an ongoing series of market reports that focus on micro emerging trends in the SOA, PaaS and API economy across multiple regions and countries.
Questions answered in the API Management Market Report?
1) What is the API Management market size and forecast in 2016?
2) What is the API Management market size in across the five regions?
3) What is the API Security market size and forecast for 2016 - 2021?
4) What is the quantified opportunity for API management across verticals?
5) What are the companies in the API Management and how are they positioned?
APIs are an integral piece for the future of technology. They are vital to IoT in the connected home, enterprise and industrial environments. With more devices getting connecting to the internet from these environments, the number of APIs will significantly increase. Businesses catering to the emerging technology market need to manage APIs accordingly towards enhancing their value proposition and creating new business opportunities.
APIs are an accelerating force in terms of creating innovations in this space. Connected systems across digital environments is one of the most lucrative business in the world today. APIs provide the necessary connectivity and without proper management, this opportunity becomes infeasible. Simultaneously, there is also an inherent element of risk and an array of governance related issues that arise with the use of APIs.
Comprehensive management of APIs is a key part of the solution towards building the necessary intelligence and control. API Management is a strategic and compelling extension to governance and APIs by including a tactical set of API tools and techniques. These include a central platform and components that enable provisioning, publishing, documentation, cataloging, policy management, governance, discovery, reporting, security, mediation, and testing among others.
The application of these tools in unison and the implementation of API management across cloud, on premise, or hybrid environments helps enterprises and users to accurately manage their APIs. API management solutions also come with lower upfront costs coupled with the ability to perform faster and automated deployments. Apart from this, the integrations built through API management will empower businesses with the necessary scale, flexibility and control for the future.
APIs are the bridge of connectivity between apps, IoT endpoints and backend services. They are set to be at the edge of the digital transformation for businesses that are looking forward in terms of technology adoption in the next generation. The market opportunity for API Management across the globe is significant and offers a new value-driven opportunity for market participants, vendors and integrators. API management also enables vendors to employ it as an approach to provide a unified connectivity platform along with iPaaS for developers to roll out packaged applications. The transition from the current generation of businesses into the digital era is where the market value of API management truly is and grows.
Arcluster forecasts the worldwide API market to reach $1.54 billion in revenues in 2021.
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