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Middle East & Africa API Management Market Forecast to 2031 - Regional Analysis - by Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), and End User (IT & Telecom, BFSI, Healthcare, Gove

Publisher The Insight Partners
Published Apr 14, 2025
Length 150 Pages
SKU # TIP20173942

Description

The Middle East & Africa API management market was valued at US$ 259.22 million in 2023 and is expected to reach US$ 1,786.73 million by 2031; it is estimated to record a CAGR of 27.3% from 2023 to 2031.

Multi-Cloud API Management Bolsters Middle East & Africa API Management Market

Multi-cloud API management is the use of various cloud platforms to host and administer APIs. Instead of relying on a single cloud provider, businesses are required to combine the strengths of multiple cloud services to improve API performance, reduce downtime, and improve security. Furthermore, multi-cloud API management enables enterprises to mix and match cloud services according to their requirements. This flexibility enables enterprises to select the best cloud provider for each API, resulting in optimal performance and cost-effectiveness. By distributing APIs across multiple cloud platforms, businesses can significantly reduce the risk of downtime and service disruptions. In the incident of a cloud provider outage, the workload can be seamlessly shifted to another cloud service, ensuring uninterrupted service for customers. Additionally, multi-cloud API management can offer an added layer of security by diversifying the infrastructure. By utilizing different cloud providers, businesses can mitigate the risk of a single point of failure and strengthen their overall security posture. Therefore, the rising adoption of multi-cloud API management is expected to emerge as a key trend in the API management market in the coming years.

Middle East & Africa API Management Market Overview

The Middle East & Africa (Middle East & Africa) API Management market is expected to experience significant growth in the coming years. API management refers to the process of creating, publishing, and managing application programming interfaces (APIs) in a secure and scalable manner. APIs enable different software applications to communicate and interact with each other, facilitating seamless integration and data exchange. The increasing need for data management and operational transparency in the digital era is driving the demand for API management solutions. The growth of the fintech industry and the adoption of open banking concepts in Africa are contributing to the expansion of the API market. The rising number of data-operating companies in the region is fueling the market growth. The Middle East & Africa region is witnessing economic growth, presenting growth opportunities for various industries, including waste management, which in turn drives the demand for API management solutions.

Middle East & Africa API Management Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa API Management Market Segmentation

The Middle East & Africa API management market is segmented based on component, deployment, organization size, end user, and country. Based on component, the Middle East & Africa API management market is bifurcated into solutions and services. The solutions segment held a larger market share in 2023.

In terms of deployment, the Middle East & Africa API management market is bifurcated into cloud and on-premises. The cloud segment held a larger market share in 2023.

Based on organization size, the Middle East & Africa API management market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.

By end user, the Middle East & Africa API management market is categorized into IT & Telecom, BFSI, healthcare, government, manufacturing, and others. The IT & Telecom segment held the largest market share in 2023.

Based on country, the Middle East & Africa API management market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa API management market share in 2023.

International Business Machines Corp, Microsoft Corp, Oracle Corp, Google LLC, Broadcom Inc, Software AG, Akamai Technologies Inc, SAP SE, and Amazon Web Services Inc are some of the leading players operating in the Middle East & Africa API management market.

Reasons to buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa API management market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa API management market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa API management market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

Table of Contents

150 Pages
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation
3.2.2 Macro-economic factor analysis
3.2.3 Developing base number
3.2.4 Data Triangulation
3.2.5 Country level data
4. Middle East & Africa API Management Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Middle East & Africa API Management Market - Key Market Dynamics
5.1 API Management Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Adoption of API Management Across Industries
5.2.2 Growing Focus on Data-Driven Decision Making
5.2.3 Rising Digital Transformation
5.3 Market Restraints
5.3.1 Complexity of API
5.4 Market Opportunities
5.4.1 Integration of API with Artificial Intelligence (AI)
5.5 Future Trends
5.5.1 Multi-Cloud API Management
5.6 Impact of Drivers and Restraints:
6. API Management Market - Middle East & Africa Market Analysis
6.1 Overview
6.2 API Management Market Revenue (US$ Million), 2021-2031
6.3 API Management Market Forecast Analysis
7. Middle East & Africa API Management Market Analysis - by Component
7.1 Solutions
7.1.1 Overview
7.1.2 Solutions: API Management Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: API Management Market - Revenue and Forecast to 2031 (US$ Million)
8. Middle East & Africa API Management Market Analysis - by Deployment
8.1 Cloud
8.1.1 Overview
8.1.2 Cloud: API Management Market - Revenue and Forecast to 2031 (US$ Million)
8.2 On-premises
8.2.1 Overview
8.2.2 On-premises: API Management Market - Revenue and Forecast to 2031 (US$ Million)
9. Middle East & Africa API Management Market Analysis - by Organization Size
9.1 Large Enterprises
9.1.1 Overview
9.1.2 Large Enterprises: API Management Market - Revenue and Forecast to 2031 (US$ Million)
9.2 SMEs
9.2.1 Overview
9.2.2 SMEs: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10. Middle East & Africa API Management Market Analysis - by End User
10.1 IT and Telecom
10.1.1 Overview
10.1.2 IT and Telecom: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
10.2.1 Overview
10.2.2 BFSI: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Healthcare
10.3.1 Overview
10.3.2 Healthcare: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Government
10.4.1 Overview
10.4.2 Government: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10.5 Manufacturing
10.5.1 Overview
10.5.2 Manufacturing: API Management Market - Revenue and Forecast to 2031 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: API Management Market - Revenue and Forecast to 2031 (US$ Million)
11. Middle East & Africa API Management Market - Country Analysis
11.1 Middle East & Africa
11.1.1 Middle East & Africa API Management Market Overview
11.1.2 Middle East & Africa: API Management Market - Revenue and Forecast Analysis - by Country
11.1.2.1 Middle East & Africa: API Management Market - Revenue and Forecast Analysis - by Country
11.1.2.2 United Arab Emirates: API Management Market - Revenue and Forecast to 2031 (US$ Million)
11.1.2.2.1 United Arab Emirates: API Management Market Breakdown, by Component
11.1.2.2.2 United Arab Emirates: API Management Market Breakdown, by Deployment
11.1.2.2.3 United Arab Emirates: API Management Market Breakdown, by Organization Size
11.1.2.2.4 United Arab Emirates: API Management Market Breakdown, by End User
11.1.2.3 Saudi Arabia: API Management Market - Revenue and Forecast to 2031 (US$ Million)
11.1.2.3.1 Saudi Arabia: API Management Market Breakdown, by Component
11.1.2.3.2 Saudi Arabia: API Management Market Breakdown, by Deployment
11.1.2.3.3 Saudi Arabia: API Management Market Breakdown, by Organization Size
11.1.2.3.4 Saudi Arabia: API Management Market Breakdown, by End User
11.1.2.4 South Africa: API Management Market - Revenue and Forecast to 2031 (US$ Million)
11.1.2.4.1 South Africa: API Management Market Breakdown, by Component
11.1.2.4.2 South Africa: API Management Market Breakdown, by Deployment
11.1.2.4.3 South Africa: API Management Market Breakdown, by Organization Size
11.1.2.4.4 South Africa: API Management Market Breakdown, by End User
11.1.2.5 Rest of Middle East & Africa: API Management Market - Revenue and Forecast to 2031 (US$ Million)
11.1.2.5.1 Rest of Middle East & Africa: API Management Market Breakdown, by Component
11.1.2.5.2 Rest of Middle East & Africa: API Management Market Breakdown, by Deployment
11.1.2.5.3 Rest of Middle East & Africa: API Management Market Breakdown, by Organization Size
11.1.2.5.4 Rest of Middle East & Africa: API Management Market Breakdown, by End User
12. Competitive Landscape
12.1 Company Positioning & Concentration
12.2 Heat Map Analysis by Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers and Acquisitions
13.5 Partnerships and Collaboration
14. Company Profiles
14.1 International Business Machines Corp
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Microsoft Corp
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Oracle Corp
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Google LLC
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Broadcom Inc
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Software AG
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Akamai Technologies Inc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 SAP SE
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Amazon Web Services Inc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 Abbreviations
15.2 About The Insight Partners

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