API Management Market – Global Forecast To 2029
The global API management market will grow from USD 7.67 billion in 2024 to USD 16.93 billion by 2029 at a compounded annual growth rate (CAGR) of 17.1% during the forecast period.
世界の API管理市場は、予測期間中に 17.1% の年間複利成長率 (CAGR) で、2024 年の 76 億 7,000 万米ドルから 2029 年までに 169 億 3,000 万米ドルに成長すると予想されます。
Some of the significant API management market vendors are Google (US), IBM (US), AWS (US), Microsoft (US), MuleSoft (US), Axway (France), Software AG (Germany), WSO2 (US), Broadcom (US), and TIBCO Software (US).
The report provides insights on the following pointers:
Analysis of key drivers (enable seamless integration and interaction between online services, platforms, and devices), restraints (complexity of implementation heightened by the need to accommodate legacy systems, diverse development environments, and evolving technological standards), opportunities (integration of emerging technologies with API management enables organizations to drive innovation, improve efficiency, and deliver more personalized experiences), and challenges (updating APIs while maintaining old versions leads to integration breaks and disruptions) influencing the growth of the API management market.
- Product Development/Innovation: Comprehensive analysis of emerging technologies, R&D initiatives, and new service and product introductions in the API management industry.
- Market Development: In-depth details regarding profitable markets: the paper examines the global API management industry.
- Market Diversification: Comprehensive details regarding recent advancements, investments, unexplored regions, new goods and services, and the API management industry.
- Competitive Assessment: Thorough analysis of the market shares, expansion plans, and service portfolios of the top competitors in the API management industry, such as Google (US), IBM (US), AWS (US), Microsoft (US), and MuleSoft (US).