The API market was valued at $221,293.2 Million in 2025, and is projected to reach $317,700.8 Million by 2032 growing at a CAGR of 5.35% from 2026 to 2032. Captive API manufacturers segment is expected to be the highest contributor to this market, with $128,145.7 Million in 2025, and is anticipated to reach $174,785.5 Million by 2032, registering a CAGR of 4.58%. Merchant API manufacturers segment is anticipated to reach $142,915.3 Million by 2032 with the highest CAGR of 6.35%.
- 1. Global API Market, By Type of Manufacturer
- 1.1. Overview
- 1.2. Captive API manufacturers
- 1.2.1 Captive API manufacturers Market, By Region
- 1.2.1.1 North America Captive API manufacturers Market, By Country
- 1.2.1.2 Europe Captive API manufacturers Market, By Country
- 1.2.1.3 Asia-Pacific Captive API manufacturers Market, By Country
- 1.2.1.4 Latin America, Middle East & Africa Captive API manufacturers Market, By Country
- 1.3. Merchant API manufacturers
- 1.3.1 Merchant API manufacturers Market, By Region
- 1.3.1.1 North America Merchant API manufacturers Market, By Country
- 1.3.1.2 Europe Merchant API manufacturers Market, By Country
- 1.3.1.3 Asia-Pacific Merchant API manufacturers Market, By Country
- 1.3.1.4 Latin America, Middle East & Africa Merchant API manufacturers Market, By Country
- 2. Latin America, Middle East & Africa Merchant API manufacturers Market Value, By Country, 2025-2032, Million USD
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