API Management Market Expected Statistical Growth In 2019 With IBM, Dell, Huawei Technologies, HP, Eaton, Panduit, Zellabox, Hitachi, Vertiv, Wipro Limited, Cognizant, Accenture, Microsoft, Axway, Red Hat, SAP, MuleSoft, Nexright,
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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
The Global API Management Market is driven by the many rising factors which result in fueling the market globally are included in this report. How an improvement in the economic growth is also boosting the API Management industry is given. Rising urbanization is expected to aid the market’s growth. Increased globalization is yet another factor benefitting the API Management industry. However, factors that may hamper the growth of the industry is also discussed in this report for the readers understanding.
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The report takes a close and analytical look at the various companies that strive for a higher share of the API Management Market. Data on the leading and fastest-growing segments along with what drives them has been given.
The global API Management market is driven by the many rising factors which result in fueling the market globally are included in this report. How an improvement in the economic growth is also boosting the API Management industry is given. Rising urbanization is expected to aid the market’s growth. Increased globalization is yet another factor benefitting the API Management industry. However, factors that may hamper the growth of the industry is also discussed in this report for the readers understanding.
The key market players –
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.
This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria.
A bird’s eye view of the API Management Industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the API Management market. Furthermore, the report evaluates challenges experienced from buyers and sellers side.
Major growing sectors under the market segmentation are as follows:
• In July, Microsoft (U.S.) announced the launch of Azure API Management (APIM) integration with Azure Application Insights (AI). This feature will allow customers to add APIM telemetry to AI and use AI’s rich set of capabilities to monitor and troubleshoot their APIs.
• In March, Microsoft (U.S.) launched a new service Custom Vision service under Azure Portal. This is used as cloud-hosted APIs that which ensures developers to add AI capabilities for vision, speech, language, knowledge and search.
• In March, International Business Machines Corp. launched IBM API Connect in order to integrate API directly from SwaggerHub, this solution will help in securing and providing stability and enhancing performance.
• In October, International Business Machines Corp. sponsored application programming interface (API) conferences in the world, the company’s primary initiative was to provide the opportunity for professional to solve real business problems.
• IDEMIA (France) and Sentryo (France) are few of the companies that provide APIs for identity management.
• 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.
• Zomato application is integrated with google API for the working of google maps in the respective application.
• Google (U.S.) provides cloud facilities for the users.
• 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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Provincially, the report looks into the past performance of the market in developed regions such as North America and Europe, as well as emerging economic powers such as Southeast Asia, China, Japan, and India. The steady support to the medical sector in developed regions is likely to enable their steady dominance in the API Management Market in the coming years, but the growing acknowledgment of the high volume of unmet demand in emerging regions has driven the sector in countries such as China, India, and Japan, notwithstanding other dynamic economies in the region such as South Korea, Malaysia, and Indonesia.
In addition, the API Management Market report is a synopsis of market definition, classifications, applications, and engagements for the API Management Market
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