PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567178
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567178
API Management Market, By Component, By Organization Size, By End-use Industry (Banking, Financial Services, and Insurance, IT and Telecommunications, Retail and E-commerce, Healthcare, Manufacturing, Others), By Geography
Global API management market is estimated to be valued at USD 5.48 Bn in 2024 and is expected to reach USD 25.67 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 24.7% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 5.48 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 24.70% | 2031 Value Projection: | US$ 25.67 Bn |
APIs have become integral to digital transformation strategies of businesses across industries by enabling integration of various applications and data exchange. Rapid adoption of cloud and proliferation of connected devices have boosted demand for API platforms that can securely manage and monitor API traffic. API management solutions empower enterprises to create, secure, publish, monitor and track usage of APIs across on-premises and cloud environments. With growing dominance of APIs for facilitating open innovation, API-first approach can offer substantial opportunities for API management vendors.
Market Dynamics:
Global API management market growth is driven by factors like growing migration of workloads to cloud-based applications, increasing demand for digital transformation among enterprises, and rapid adoption of microservices architecture. APIs have become critical for businesses to foster open innovation and attract developers. The market has witnessed huge demand for OAuth, API analytics and monetization features. However, data security concerns and lack of integration standards can hamper the market growth. Increasing investments in 5G infrastructure projects and rising popularity of IoT devices can accelerate the market growth in the near future.
Key features of the study:
This report provides in-depth analysis of the global API management market, and provides market size (US$ Bn) 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 API management 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 API Gateway, Apigee, Axway, Dell Boomi, Microsoft, Mulesoft, Oracle, Postman, Red Hat, SAP, Software AG, WSO2, TIBCO Software Inc., IBM, Kong 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
Global API management 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 API management market
Detailed Segmentation:
- By Component Insights (Revenue, USD Bn, 2019 - 2031)
- API Gateway
- API Analytics and Monitoring
- API Security
- API Portal
- Other Components (API Life Cycle Management, API Developer Portal, etc.)
- By Organization Size Insights (Revenue, USD Bn, 2019 - 2031)
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- By End-use Industry Insights (Revenue, USD Bn, 2019 - 2031)
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunications
- Retail and E-commerce
- Healthcare
- Manufacturing
- Others
- By Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- API Gateway
- Apigee
- Axway
- Dell Boomi
- Microsoft
- Mulesoft
- Oracle
- Postman
- Red Hat
- SAP
- Software AG
- WSO2
- TIBCO Software Inc.
- IBM
- Kong Inc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global API Management Market, By Component
- Global API Management Market, By Organization Size
- Global API Management Market, By End-use Industry
- Global API Management Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global API Management Market, By Component, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- API Gateway
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- API Analytics and Monitoring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- API Security
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- API Portal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Other Components (API Life Cycle Management, API Developer Portal, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global API Management Market, By Organization Size, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Small and Medium-sized Enterprises (SMEs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global API Management Market, By End-use Industry, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Banking, Financial Services, and Insurance (BFSI)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- IT and Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Retail and E-commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global API Management Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Component, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Organization Size, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- API Gateway
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Apigee
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Axway
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Dell Boomi
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Microsoft
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mulesoft
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Oracle
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Postman
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Red Hat
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- SAP
- Software AG
- WSO2
- TIBCO Software Inc.
- IBM
- Kong Inc.
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us
