
Global Application Programming Interfaces (API) Management Market Size Study, by Component (Solutions, Services), Deployment Mode (On-Premises, Cloud), Organization Size (SMEs, Large Enterprises), Industry (Banking, IT, Retail, Manufacturing), and Regiona
Description
Global Application Programming Interfaces (API) Management Market Size Study, by Component (Solutions, Services), Deployment Mode (On-Premises, Cloud), Organization Size (SMEs, Large Enterprises), Industry (Banking, IT, Retail, Manufacturing), and Regional Forecasts 2022-2032
The global application programming interfaces (API) management market is valued at approximately USD 6.49 billion in 2023 and is projected to grow at a robust CAGR of 17.1% over the forecast period 2024-2032, reaching USD 26.87 billion by 2032. API management refers to the strategic development, publishing, securing, and analyzing of APIs, which serve as the backbone of digital transformation. Organizations across sectors are increasingly adopting APIs to integrate applications, enhance connectivity, and accelerate innovation.
Key drivers include the surge in demand for API-led connectivity, fueled by growing digitalization, and the emphasis on securing API usage amid rising cybersecurity concerns. Additionally, the emergence of new technologies, including AI and cloud computing, offers immense growth opportunities. Challenges, however, persist, such as the complexity of API management systems and limited awareness among small enterprises.
Industries such as BFSI, IT & telecom, and healthcare are leveraging API management to optimize processes and improve customer experience. North America leads the global market due to its robust technological ecosystem, while Asia-Pacific is witnessing rapid growth driven by its booming digital economy.
Major market players included in this report are:
• Perforce Software, Inc.
• Oracle
• Axway
• Boomi
• Google LLC
• Microsoft
• IBM
• DigitalML
• Red Hat Inc.
• Amazon Web Services Inc.
• Sensedia
• Tibco Software Inc.
• Cisco Systems, Inc.
• Software AG
• Telefonaktiebolaget LM Ericsson
The detailed segments and sub-segment of the market are explained below:
By Component:
• Solutions
API Platform
API Gateway
API Administration
API Monetization
API Analytics and Security
• Services
Integration and Implementation
Consulting
Support and Maintenance
Training and Education
By Deployment Mode:
• On-Premises
• Cloud
By Organization Size:
• Small and Medium Enterprises (SMEs)
• Large Enterprises
By Industry:
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecom
• Government
• Healthcare and Life Sciences
• Retail and Consumer Goods
• Media and Entertainment
• Travel and Transportation
• Manufacturing
By Region:
• North America
U.S.
Canada
• Europe
UK
Germany
France
Spain
Italy
Rest of Europe
• Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
• Latin America
Brazil
Mexico
Rest of Latin America
• Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Demand-side and supply-side analysis of the market.
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Table of Contents
285 Pages
- Chapter 1. Global API Management Market Executive Summary
- 1.1. Global API Management Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Deployment Mode
- 1.3.3. By Industry
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global API Management Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Consumer Awareness and Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global API Management Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Adoption of APIs in Digital Transformation
- 3.1.2. Increasing Demand for Secure and Reliable API Management
- 3.1.3. Growth in Cloud-Based API Solutions
- 3.2. Market Challenges
- 3.2.1. Complexity of API Management Systems
- 3.2.2. Lack of Awareness Among SMEs
- 3.3. Market Opportunities
- 3.3.1. Monetization of APIs
- 3.3.2. Integration of APIs with AI and 5G Technologies
- Chapter 4. Global API Management Market Industry Analysis
- 4.1. Porter’s Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- Chapter 5. Global API Management Market Size & Forecasts by Component 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global API Management Market by Solutions Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. API Platform
- 5.2.2. API Gateway
- 5.2.3. API Administration
- 5.2.4. API Monetization
- 5.2.5. API Analytics and Security
- 5.3. Global API Management Market by Services Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.3.1. Integration and Implementation
- 5.3.2. Consulting
- 5.3.3. Support and Maintenance
- 5.3.4. Training and Education
- Chapter 6. Global API Management Market Size & Forecasts by Deployment Mode 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global API Management Market by Deployment Mode Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. On-Premises
- 6.2.2. Cloud
- Chapter 7. Global API Management Market Size & Forecasts by Organization Size 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global API Management Market by Organization Size Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Small and Medium Enterprises (SMEs)
- 7.2.2. Large Enterprises
- Chapter 8. Global API Management Market Size & Forecasts by Industry 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global API Management Market by Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Banking, Financial Services, and Insurance (BFSI)
- 8.2.2. IT and Telecom
- 8.2.3. Healthcare and Life Sciences
- 8.2.4. Retail and Consumer Goods
- 8.2.5. Media and Entertainment
- 8.2.6. Travel and Transportation
- 8.2.7. Manufacturing
- 8.2.8. Others
- Chapter 9. Global API Management Market Size & Forecasts by Region 2022-2032
- 9.1. North America
- 9.1.1. U.S.
- 9.1.1.1. By Component
- 9.1.1.2. By Deployment Mode
- 9.1.1.3. By Industry
- 9.1.2. Canada
- 9.2. Europe
- 9.2.1. U.K.
- 9.2.2. Germany
- 9.2.3. France
- 9.2.4. Spain
- 9.2.5. Italy
- 9.2.6. Rest of Europe
- 9.3. Asia Pacific
- 9.3.1. China
- 9.3.2. India
- 9.3.3. Japan
- 9.3.4. Australia
- 9.3.5. South Korea
- 9.3.6. Rest of Asia Pacific
- 9.4. Latin America
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 9.5. Middle East & Africa
- 9.5.1. Saudi Arabia
- 9.5.2. South Africa
- 9.5.3. Rest of Middle East & Africa
- Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Google LLC
- 10.1.2. Oracle
- 10.1.3. IBM
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
Pricing
Currency Rates
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