Global API Management Market Booming Market to hit CAGR 19.3 % by 2026 with Top

Posted by ganesha on January 28th, 2020

Due to high demand and the value of market research for the success of different sectors, Global API Management Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Global API Management Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the centre while obtaining the best result via this Global API Management Market report for ABC industry.

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.

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Global API Management Market, By Type (Carbon Identity Management, Maps & Location, Speech/Voice), Solution (Security, API Gateway, API Portal, API Lifecycle Management, API Analytics, Monetization, Administration), Service (Integration, Support Maintenance, Training Consulting), Deployment Type (On-premises, Cloud), Organization Size (Large Enterprises, Small and Medium Enterprises), Industry Vertical (IT & Telecommunication, Government & Defence, Banking, Financial, Services and Insurance (BFSI), Media & Entertainment, Healthcare, Retail & Consumer Goods, Transportation, Manufacturing), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)– Industry Trends and Forecast to 2026.

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

Segmentation: Global API Management Market

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

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Competitive Analysis: Global API Management Market

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.

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