Global API Management Market Recent Study Including Growth Factors CAGR of 19.3% by 2026
Businesses can achieve practical and enduring results which are driven by accurate and timely research. Global API Management Market report evaluates the growth rate and the market value based on market dynamics and growth inducing factors. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the ABC industry. Global API Management Market report provides in-depth market data and forecast by analyzing key business trends and identifying potential growth avenues across the entire value chain. This Global API Management Market report has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.
Global API management market is expected to reach million by 2025 and is projected to register a healthy CAGR of 19.3% in the forecast period of 2018 to 2025.
Get Exclusive Sample Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-api-management-marketThe application programming interfaces (APIs) are a set of protocols, tools and subroutines that are used to develop software applications. These APIs are the intermediate of communication code and software programs, thereby assuring the smooth flow of operations. Further, it helps in monitoring the data of the application, which has become one of the most important parts of the organization.
Strategic acquisitions and product innovations of the major market players:- In April 2017, Red Hat, Inc. announced the availability of "Red Hat 3scale API Management", in a fully containerized, on-premise offering designed for end-to-end API lifecycle management. This offering is based on the existing offering of cloud-based SaaS enhancing the deployment options available providing organizations with an enhanced solution for management of APIs
- In January 2017, Oracle announced that they had agreed to acquire Apiary, a company focused on providing consumers with tools, technologies and framework for the development of APIs helping them create cloud-based applications and enhanced experiences. This acquisition will enhance the capabilities of Oracle allowing their consumers to enhance the management of APIs helping deliver integrated applications
The API management market is segmented into five notable segments which are type, solution, service, deployment type, organization size, industrial size and geography
- On the basis of type the global API management market is segmented into carbon identity management, maps & location, speech/ voice. In 2018, carbon identity management segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.
- IDEMIA (France) and Sentryo (France) are few of the companies that provide APIs for identity management.
- On the basis of solution the global API management market is segmented into API portal, security, monetization, API gateway, API analytics, API lifecycle management and administration. In 2018, security segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.
- Open Authorization (OAUTH) which is a token approval framework, is widely recognized API security measure which does not permit API customer from getting to the clients’ data.
- On the basis of service the global API management market is segmented into training consulting, support maintenance, integration. In 2018, integration segment is growing at the highest CAGR of in the forecast period of 2018 to 2025.
- Zomato application is integrated with google API for the working of google maps in the respective application.
- On the basis of deployment type the global API management market is segmented into cloud and on-premises. In 2018, cloudsegment is growing at the highest CAGR in the forecast period of 2018 to 2025.
- Google (U.S.) provides cloud facilities for the users.
- On the basis of organization size the global API management market is segmented into large enterprises and small and medium enterprises. In 2018, small and medium enterprises segment are growing at the highest CAGR in the forecast period of 2018 to 2025.
- NASA provides API platforms to the businesses to invite developers to contribute to their projects.
- On the basis of industry vertical the global API management market is segmented into banking, financial services and insurance (BFSI), IT & telecommunication, government & defense, media & entertainment, healthcare, transportation, retail & consumer goods, manufacturing, and others. In 2018, IT & telecommunication segment are growing at the highest CAGR in the forecast period of 2018 to 2025.
- SightCall’s services provide APIs for screen sharing, one to one audio and video calling which makes it easy for the clients to connect to their representatives
Some of the prominent participants operating in this market are Axway, Palo Alto Research Center Incorporated, Microsoft, Rogue Wave Software, Inc., SAP SE, Oracle, Red Hat, Inc., CA Technologies, Inc., Fiorano Software and Affiliates, Software AG, Boomi, Inc., International Business Machines Corp., Nexright, SnapLogic, TYK Technologies, digitalML, Mashape Inc., Mulesoft, Inc., Sensedia, Tibco Software, Inc., WSO2, Inc., Amazon Web Services Inc., and others.
About Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:Data Bridge Market Research
Tel: +1-888-387-2818