API Management Market Business Growth & Competitor Segment Analysis, With IBM, Google, Microsoft, Axway, MuleSoft, Nexright, Oracle, Red Hat, Sensedia, SnapLogic, Software AG, Akana, Apiary, CA Technologies, Dell Boomi, Torry Harris Business Solutions,

Many Successful Business In API Management Market Enjoy Longevity Because Of Understanding Industry key players and brand’s acquisitions, merges, joint ventures, recent developments, products launches and the competitive research And Regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors.

In This Market Report has been formed with the detailed market analysis that is performed by a team of industry experts, skilful analysts, dynamic forecasters and knowledgeable researchers. The market study of this report evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.

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Global API Management Market was valued at USD 708.8 million in 2017 and is expected to reach USD 2,495.6 million in 2025, growing at a healthy CAGR of 35.9% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

This Market research can be carried out at various stages of a business life cycle, from pre-launch and beyond. Having a greater understanding of your marketplace from the very start will enable to create a sound business strategy to establish and grow your brand into one that’s better than the competition.

Product Launch:

• 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.

Major Market Competitors:

• 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.

Competitive Landscape:

The global API management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of API management market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In 2017:- Oracle acquired Apiary, an API management start-up company. This acquisition expanded Oracle solutions for customers and third-parties to build design and govern APIs. The solutions Apiary was added in portfolio of Oracle and also offers integrated API solutions.

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Segmentation: Global API Management Market

The API management market is segmented into five notable segments which are type, solution, service, deployment type, organization size, industrial size and geography

• On the basis of type the global API management market is segmented into carbon identity management, maps & location, speech/ voice. In 2018, carbon identity management segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.

o IDEMIA (France) and Sentryo (France) are few of the companies that provide APIs for identity management.

• On the basis of solution the global API management market is segmented into API portal, security, monetization, API gateway, API analytics, API lifecycle management and administration. In 2018, security segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.

o 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.

• On the basis of service the global API management market is segmented into training consulting, support maintenance, integration. In 2018, integration segment is growing at the highest CAGR of in the forecast period of 2018 to 2025.

o Zomato application is integrated with google API for the working of google maps in the respective application.

• On the basis of deployment type the global API management market is segmented into cloud and on-premises. In 2018, cloudsegment is growing at the highest CAGR in the forecast period of 2018 to 2025.

o Google (U.S.) provides cloud facilities for the users.

• On the basis of organization size the global API management market is segmented into large enterprises and small and medium enterprises. In 2018, small and medium enterprises segment are growing at the highest CAGR in the forecast period of 2018 to 2025.

o NASA provides API platforms to the businesses to invite developers to contribute to their projects.

• On the basis of industry vertical the global API management market is segmented into banking, financial services and insurance (BFSI), IT & telecommunication, government & defense, media & entertainment, healthcare, transportation, retail & consumer goods, manufacturing, and others. In 2018, IT & telecommunication segment are growing at the highest CAGR in the forecast period of 2018 to 2025.

o 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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Research Methodology Use For Research Report

Primary market research is a kind of market research that can be carried out individually or as a business, with the aim of collecting unique data that can be used to improve products, services and overall functionality.

Primary market research covers the following:

o Monitoring the effectiveness of sales
o Ascertaining the quality of services provided by competitors
o Understanding the channels of communication used by competitors
o Assess the active competition within the market

Secondary market research is a different type of market research as it relies on information that’s already available from a variety of sources.

Secondary market research covers the following:

o Published company reports data
o Existing surveys and studies
o Newspaper reports
o Government data

The ‘savvy’ purchaser:-

This type of customer is someone that’s not necessarily concerned with the quality or effectiveness of a product or service, but is intent on getting the best possible value. A ‘savvy’ customer is someone that’s likely to be aware of all the prices offered by your major competitors, so you’ll need to carry out secondary market research to understand whether your products or services will be priced competitively.

The industry influencer:-

An industry expert will not be fixated on the price of a product or service, they are often more concerned with the value and quality. Industry influencers make for ideal candidates to use for primary market research, allowing them to use your products or services, garnering their opinion on them and the market as a whole.

The end-user:-

An end-user is a customer that will actually use your products or services on a day-to-day basis. End users also make for excellent candidates for primary market research, allowing you to understand their frustrations and limitations – ideal if you’re still in the process of developing and designing new products, giving you the edge over the competition.

Most new businesses will encounter three different types of customer; market research gives you the ability to understand how your target customers think and adapt to their needs in order to turn them into regular customers and brand advocates.

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