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Global API (Application Programming Interface) Management Market By Component (Solution & Service), By Deployment Mode (Cloud & On-premise), By Organization Size (SME & Large Enterprise), By End User (BFSI, IT & Telecom, Government, Retail, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2024

Global API (Application Programming Interface) Management Market By Component (Solution & Service), By Deployment Mode (Cloud & On-premise), By Organization Size (SME & Large Enterprise), By End User (BFSI, IT & Telecom, Government, Retail, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2024

Global API management market stood at $ 1.1 billion in 2018 and is projected to grow at a CAGR of over 22% during 2019-2024 to reach $ 3.6 billion by 2024, on account of increasing demand for modern application programming interface (API) to connect various applications and devices. Growing need to decode data of enterprises so that it can be used by other sections of the organizations is boosting the growth of the market. Application programming interface (API) management can be defined as the process of publishing, documenting and overseeing application programming interfaces in reliable and secure environment. Advancement of Internet of Things and big data and rising demand to manage API traffic is anticipated to propel global API management market through 2024.

Global API management market can be segmented based on component, deployment mode, organization size and end-user. In terms of component, the market can be bifurcated into solutions and services. API management solutions can be deployed on-premise and cloud. On account of reduced cost with high scalability and flexibility to access solutions, there is a steep increase in the adoption of cloud-based deployment among organizations and the trend is likely to continue in the forthcoming years. Based on the organization size, global API management market can be classified into small and medium enterprise (SME) and large enterprise. Surging need for streamlining API connections is driving the demand for API management solutions among large enterprises.

Regionally, the market for API management is gaining traction and expanding to various regions including North America, Europe, Asia-Pacific, Middle East & Africa and South America. In 2018, North America, followed by Europe, dominated global API management market and the trend is likely to continue during forecast period as well. This is due to the early adoption of technologies such as IoT, big data, analytics and cloud and presence of leading players in the regions.

Major players operating in global API management market include Software AG, International Business Machine Corporation, SAP SE, Red Hat Inc., CA Technologies, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In 2018, RedHat Inc. acquired software developing company, Noobaa, to manage data storage services across multi-cloud environments.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
-bjective of the Study:
• To analyze and forecast global API management market size.
• To classify and forecast global API management market based on component, deployment mode, organization size, end-user and regional distribution.
• To identify drivers and challenges for global API management market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global API management market.
• To conduct pricing analysis for global API management market.
• To identify and analyze the profile of leading players operating in global API management market.

Some of the leading players in global API management market include Software AG, International Business Machine Corporation, SAP SE, Red Hat Inc., CA Technologies, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
TechSci Research calculated global API management market size by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
• API Management service providers
• Research organizations and consulting companies
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to API Management
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global API management market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Component:
- Solutions
API Platform
API Analytics
API Security
- Services
Integration
Consulting
Support & Maintenance
Training & Education
• Market, by Deployment Mode:
- On-premise
- Cloud
• Market, by Organization Size:
- Small & Medium Sized Enterprises
- Large Enterprises
• Market, by End User:
- BFSI
- IT & Telecom
- Retail
- Government
- Healthcare
- Others
• Market, by Region:
- North America
United States
Canada
Mexico
- Europe
United Kingdom
France
Germany
Italy
Spain
- Asia Pacific
China
Japan
India
Australia
South Korea
- Middle East & Africa
UAE
Saudi Arabia
Turkey
South Africa
- South America
Brazil
Argentina
Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global API management market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global API Management Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component
5.2.1.1. By Solutions (API Platform, API Analytics and API Security)
5.2.1.2. By Services (Integration, Consulting, Support & Maintenance, and Training & Education),
5.2.2. By Deployment Mode (Cloud and On-premise)
5.2.3. By Organization Size (SME and Large Enterprise)
5.2.4. By End-User (BFSI, IT & Telecom, Government, Retail, Healthcare and Others)
5.2.5. By Region (North America; Europe; Asia Pacific; Middle East & Africa and South America)
5.2.6. By Company (2018)
5.3. Market Attractiveness Index
6. North America API Management Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Deployment Mode
6.2.3. By End-User
6.2.4. By Country (United States; Canada; and Mexico)
6.3. North America: Country Analysis
6.3.1. United States API Management Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Deployment Mode
6.3.1.2.2. By End User
6.3.2. Canada API Management Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Deployment Mode
6.3.2.2.2. By End User
6.3.3. Mexico API Management Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Deployment Mode
6.3.3.2.2. By End User
7. Europe API Management Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Deployment Mode
7.2.3. By End-User
7.2.4. By Country (UK; Italy; Spain; Germany; France; and Rest of Europe)
7.3. Europe: Country Analysis
7.3.1. United Kingdom API Management Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Deployment Mode
7.3.1.2.2. By End User
7.3.2. France API Management Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Deployment Mode
7.3.2.2.2. By End User
7.3.3. Germany API Management Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Deployment Mode
7.3.3.2.2. By End User
7.3.4. Italy API Management Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Deployment Mode
7.3.4.2.2. By End User
7.3.5. Spain API Management Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Deployment Mode
7.3.5.2.2. By End User
8. Asia-Pacific API Management Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Deployment Mode
8.2.3. By End-User
8.2.4. By Country (China; Japan; India; Australia; South Korea; and Rest of Asia Pacific)
8.3. Asia-Pacific: Country Analysis
8.3.1. China API Management Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Deployment Mode
8.3.1.2.2. By End User
8.3.2. Japan API Management Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Deployment Mode
8.3.2.2.2. By End User
8.3.3. India API Management Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Deployment Mode
8.3.3.2.2. By End User
8.3.4. Australia API Management Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Deployment Mode
8.3.4.2.2. By End User
8.3.5. South Korea API Management Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Deployment Mode
8.3.5.2.2. By End User
9. Middle East & Africa API Management Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Deployment Mode
9.2.3. By End-User
9.2.4. By Country (UAE, Saudi Arabia, Turkey, South Africa and Rest of Middle East & Africa)
9.3. MEA: Country Analysis
9.3.1. UAE API Management Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Deployment Mode
9.3.1.2.2. By End User
9.3.2. Saudi Arabia API Management Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Deployment Mode
9.3.2.2.2. By End User
9.3.3. Turkey API Management Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Deployment Mode
9.3.3.2.2. By End User
9.3.4. South Africa API Management Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Deployment Mode
9.3.4.2.2. By End User
10. South America API Management Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Deployment Mode
10.2.3. By End-User
10.2.4. By Country (Brazil; Argentina; Colombia; and Rest of South America)
10.3. South America: Country Analysis
10.3.1. Brazil API Management Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Deployment Mode
10.3.1.2.2. By End User
10.3.2. Argentina API Management Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Deployment Mode
10.3.2.2.2. By End User
10.3.3. Colombia API Management Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Deployment Mode
10.3.3.2.2. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles (Partial List of Leading Companies)
13.2.1. Software AG
13.2.2. International Business Machine Corporation
13.2.3. SAP SE
13.2.4. Red Hat Inc.
13.2.5. CA Technologies.
14. Strategic Recommendations
(Note: The companies list can be customized based on the client requirements.)

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Report Title: Global API (Application Programming Interface) Management Market By Component (Solution & Service), By Deployment Mode (Cloud & On-premise), By Organization Size (SME & Large Enterprise), By End User (BFSI, IT & Telecom, Government, Retail, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2024


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