Cloud API Market, By Type, By Enterprise Size (Small and Medium Enterprises, and Large Enterprises), By End-use Industry, By Geography

Description

The Global Cloud API Market is estimated to be valued at US$ 2,104.3 Mn in 2024 and is expected to reach US$ 5,122.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 2,104.3 Mn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	13.50%	2031 Value Projection:	US$ 5,122.4 Mn

Figure. Cloud API Market Share (%), By Region 2024

The Cloud API market is witnessing high growth globally with increasing adoption of cloud technologies by enterprises. Cloud APIs allow developers to integrate cloud-based services and functionalities into their applications to enhance capabilities. With the proliferation of cloud-deployed services, APIs have become the standard way for developers to utilize cloud offerings in a seamless manner. Various cloud platform providers offer a rich catalog of APIs providing access to services around compute, storage, databases, analytics, machine learning, IoT, and more. As digital transformation initiatives gain momentum worldwide, the demand for cloud-based APIs is expected to surge significantly in the coming years.

Market Dynamics:

The global cloud API market growth is driven by the rising deployment of cloud-based applications and services across industries. The cost benefits of the cloud and availability of scalable infrastructure on-demand is boosting the adoption of cloud technologies. This is increasing the demand for Cloud APIs from developers to integrate key functionalities while building applications. Furthermore, the growing emphasis on cloud-native application development is also propelling the market growth. However, security issues and vendor lock-in are some of the key challenges restraining the cloud API market. On the other hand, the increasing traction of serverless computing and 5G technologies are expected to create significant opportunities for cloud API providers in the coming years.

Key features of the study:

This report provides in-depth analysis of the global Cloud API market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global Cloud API market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Amazon Web Services, Inc., Apigee Corporation, CA Technologies, Inc., Citrix Systems, Inc., Dell, Inc., Google Inc., IBM Corporation, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Inc., Red Hat, Inc., SAP SE, TIBCO Software Inc., and VMware, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global Cloud API market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Cloud API market.

Detailed Segmentation:

By Type
- SaaS APIs
- PaaS APIs
- IaaS APIs
- Cross-platform APIs
By Enterprise Size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
By End-use Industry
- Healthcare
- BFSI
- IT and Telecommunication
- Manufacturing
- Education
- Media and Entertainment
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Amazon Web Services, Inc.
- Apigee Corporation
- CA Technologies, Inc.
- Citrix Systems, Inc.
- Dell, Inc.
- Google Inc.
- IBM Corporation
- International Business Machines Corporation
- Microsoft Corporation
- Oracle Corporation
- Rackspace Inc.
- Red Hat, Inc.
- SAP SE
- TIBCO Software Inc.
- VMware, Inc.

Product Code: CMI1184

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Enterprise Size
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Cloud API Market, By Type, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
SaaS APIs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
PaaS APIs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
IaaS APIs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Cross-platform APIs
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

5. Global Cloud API Market, By Enterprise Size, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Small and Medium Enterprises (SMEs)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Large Enterprises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

6. Global Cloud API Market, By End-use Industry, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Healthcare
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
BFSI
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
IT and Telecommunication
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Manufacturing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Education
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Media and Entertainment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

7. Global Cloud API Market, By Region, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Enterprise Size, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Enterprise Size, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - U.K.
  - Germany
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Enterprise Size, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Enterprise Size, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Enterprise Size, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - South Africa
  - GCC Countries
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Amazon Web Services, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Apigee Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CA Technologies, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Citrix Systems, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Dell, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Google Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- IBM Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- International Business Machines Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Microsoft Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Oracle Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Rackspace Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Red Hat, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- SAP SE
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- TIBCO Software Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- VMware, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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