API Management Market
API Management Market by Solutions (API Portal, Security, Monetization, API Gateway, API Analytics), by Deployment Model (Cloud-Based, On-Premise), by Services (Training & Consulting, Integration, Support and Maintenance), by Industries (Healthcare & Life Science, Banking & Financial Services, Retail & Manufacturing, Media & Entertainment, Government) - Industry Size, Global Trends, Competitive Analysis and Forecast, 2019-2025
The global API management market size was valued at USD 16,900 million in 2018 and expected to grow at a significant CAGR 6.9% during the forecast period 2019-2025. Application Programming Interfaces (APIs) are a set of tools, and protocols used to develop software applications. APIs are considered as the intermediate of communication code and software programs and enable in monitoring the data of the application. The API management services enable to design, deploy and manage API easily. The API tools facilitate the integration and transformation of API. The API management services include documentation, analytics and statistics, developer engagement, security, and monetization. The major players providing API management platforms such as Azure API management, SnapLogic Enterprise Integration Cloud, Google Cloud Endpoints, AWS CloudTrail, RepreZen API Studio, Oracle API Manager, SAP Cloud platform and Dell Boomi. The platform enables companies to secure, manage, analyze in various sectors and increase in demand enables to expand API programs.
Although, the lack of API and security issues are the major restraining factors for this market. The service provider faces a huge challenge regarding the security for API management. The APIs as part of a digital security strategy is a new concept for some organizations; the companies are working to overcome API security issue. There is a need to implement strong authentication and authorization for access to connected devices. Additionally, the increasing adoption of IoT enables to expand the API management market, as IoT and big data are necessary to manage API traffic. Further, the API management market is segmented on the basis of solutions, deployment model, services and industries.
Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America region is growing with significant growth and is dominating the global API management market. The growth is attributed to the increasing adoption of advanced technology, and rising demand for API management. The region is expanding due to rising adoption of big data as it develops a large amount of data which is required for API management. The region has well-developed information communication technology (ICT) and employs the adoption of a larger number of connected devices. Europe is the second largest market due to the growing popularity of web API. However, Asia-Pacific is expected to be the fastest growing region due to the adoption of cloud infrastructure services among small and medium-sized enterprises (SMEs) in the region.
There are various companies involved in the API management such as NGINX, Inc., OKTA, Inc., Oracle Corp., Red Hat Inc., Restlet, Inc., Rogue Wave Software, Inc, SAP SE, Sapience Analytics Corp., and Sensedia. The companies are focused on developing API management solutions to stay competitive in the market. Geographical expansion, merger & acquisition, finding a new market or innovate in their core competency in order to expand individual market share are the key strategies adopted by major market players.
Research Methodology
The market study of the global API management market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
- Financial reports of companies involved in the market
- Authentic public databases such as the Eurostat and others
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for the API service provider, companies, research, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation
- Global API Management Market Research and Analysis by Solution
- Global API Management Market Research and Analysis by Deployment Model
- Global API Management Market Research and Analysis by Service
- Global API Management Market Research and Analysis by Industry
The Report Covers
- Comprehensive research methodology of the global API management market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Insights about market determinants which are stimulating the global API management market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Definition
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Microsoft Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Cloud Elements, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. IBM Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. CA Technologies, Inc.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Google, LLC
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global API Management Market by Solutions
5.1.1. API Portal
5.1.2. Security
5.1.3. Monetization
5.1.4. API Gateway
5.1.5. API Analytics
5.2. Global API Management Market by Deployment Model
5.2.1. Cloud-Based
5.2.2. On-Premise
5.3. Global API Management Market by Services
5.3.1. Training & Consulting
5.3.2. Integration
5.3.3. Support and Maintenance
5.4. Global API Management Market by Industries
5.4.1. Healthcare & Life Science
5.4.2. Banking & Financial Services
5.4.3. Retail & Manufacturing
5.4.4. Media & Entertainment
5.4.5. Government
5.4.6. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amazon Web Services, Inc.
7.2. Apiary, Ltd. (Oracle Corp.)
7.3. ApiAxle
7.4. Axway, Inc.
7.5. Boomi Inc.
7.6. CA Technologies
7.7. Cloud Element, Inc.
7.8. Crosscheck Networks, Inc.
7.9. DigitalML
7.10. Distil, Inc.
7.11. Fiorano Software, Inc.
7.12. Google, LLC
7.13. Hewlett Packard Enterprise Co.
7.14. IBM Corp.
7.15. Kong, Inc.
7.16. Mashape, Inc.
7.17. Microsoft Corp.
7.18. ModelSolv, Inc.
7.19. Mulesoft, LLC.
7.20. Nevatech, Inc.
7.21. Nexright
7.22. NGINX, Inc.
7.23. OKTA, Inc.
7.24. Oracle Corp.
7.25. Red Hat Inc.
7.26. Restlet, Inc.
7.27. Rogue Wave Software, Inc
7.28. SAP SE
7.29. Sapience Analytics Corp.
7.30. Sensedia
7.31. SnapLogic Inc.
7.32. Software AG
7.33. Telenity, Inc.
7.34. TIBCO Software Inc.
7.35. Torry Harris Business Solutions
7.36. TYK Technologies, Ltd.
7.37. WSO2, Inc.
LIST OF TABLES
1. GLOBAL API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTIONS, 2018-2025 ($ MILLION)
2. GLOBAL API PORTAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL MONETIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL API GATEWAY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL API ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
8. GLOBAL CLOUD-BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL ON-PREMISE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICES TYPE, 2018-2025 ($ MILLION)
11. GLOBAL TRAINING & CONSULTING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
12. GLOBAL INTEGRATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL SUPPORT & MAINTENANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRIES, 2018-2025 ($ MILLION)
15. GLOBAL HEALTHCARE & LIFE SCIENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL BANKING & FINANCIAL SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL RETAIL & MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL MEDIA & ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
19. GLOBAL GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
20. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
21. GLOBAL API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
22. NORTH AMERICAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
23. NORTH AMERICAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
24. NORTH AMERICAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
25. NORTH AMERICAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2018-2025 ($ MILLION)
26. NORTH AMERICAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLION)
27. EUROPEAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
28. EUROPEAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
29. EUROPEAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
30. EUROPEAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2018-2025 ($ MILLION)
31. EUROPEAN API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLION)
32. ASIA-PACIFIC API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
33. ASIA-PACIFIC API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025 ($ MILLION)
34. ASIA-PACIFIC API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
35. ASIA-PACIFIC API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2018-2025 ($ MILLION)
36. ASIA-PACIFIC API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLION)
37. REST OF THE WORLD API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2018-2025($ MILLION)
38. REST OF THE WORLD API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025($ MILLION)
39. REST OF THE WORLD API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2018-2025($ MILLION)
40. REST OF THE WORLD API MANAGEMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025($ MILLION)
LIST OF FIGURES
1. GLOBAL API MANAGEMENT MARKET SHARE BY SOLUTION, 2018 VS 2025 (%)
2. GLOBAL API MANAGEMENT MARKET SHARE BY DEPLOYMENT MODEL, 2018 VS 2025 (%)
3. GLOBAL API MANAGEMENT MARKET SHARE BY SERVICE, 2018 VS 2025 (%)
4. GLOBAL API MANAGEMENT MARKET SHARE BY INDUSTRY, 2018 VS 2025 (%)
5. GLOBAL API MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
6. US API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
7. CANADA API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
8. UK API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
9. FRANCE API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
10. GERMANY API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. ITALY API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
12. SPAIN API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
13. ROE API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
14. INDIA API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
15. CHINA API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
16. JAPAN API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF ASIA-PACIFIC API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
18. REST OF THE WORLD API MANAGEMENT MARKET SIZE, 2018-2025 ($ MILLION)
