API Management Market Key Company : Microsoft, Amazon Web Services, Inc., International Business Machines Corp. is Dominating the Global Industry in 2019
Global API management market is expected to reach million by 2025 and is projected to register a healthy CAGR of 19.3% in the forecast period of 2018 to 2025.The application programming interfaces (APIs) are a set of protocols, tools and subroutines that are used to develop software applications. These APIs are the intermediate of communication code and software programs, thereby assuring the smooth flow of operations. Further, it helps in monitoring the data of the application, which has become one of the most important parts of the organization. It can be developed by an organization either for internal use or can be purchased from third-party providers. It also offers enhanced customer experience and ensures ease of data management. API management helps in building and publishing web APIs, controlling access of application and also enforces usage policies. Also, it helps in collecting and analyzing the usage statistics as well as provides a report of the performance. The API management includes components such as gateway, publishing tools, reporting and analytics and monetization.
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Top Key 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.
Microsoft
Founded in 1975 and headquartered in Redmond, U.S. Microsoft deals in empowering digital transformation for the era of intelligent edge and intelligent cloud. Microsoft focusses on providing Software, PC and Devices, Entertainment, Business, Developer & IT and Others. Its business segment includes API management platform which deals in different products and services. These products include Microsoft Azure and have wide application in retail and consumer goods, government, healthcare, discrete manufacturing and banking and capital market.
The company has its geographic presence in North America, Europe, Asia Pacific, South America and Middle East and Africa. Some of the subsidiaries of Microsoft are Yammer, Skype Technologies, Xamarin, AltspaceVR, Microsoft Studios, Microsoft Research, Microsoft Mobile and among others.
Amazon Web Services, Inc.
Founded in 2006 and headquartered in Seattle, U.S. Amazon Web Services, Inc. offers IT infrastructure services to business commonly known as cloud computing. The company has its subsidiaries and they are Annapurna Labs, AWS Elemental, Sqrrl, Harvest.ai, Peritor GmbH, Amazon Web Services Japan K.K. and others. The company has its geographic presence in U.S., Canada, Asia Pacific, China, Europe, South America. Some of its subsidiaries are Annapurna Labs, AWS Elemental, Sqrrl, Harvest.ai, Peritor GmbH, Amazon Web Services Japan K.K. and others.
• The company deals in various products and solution which comprises of Analytics, AR and VR, Game Development, Internet of Things, Machine Learning, Database, Backup and Restore, Business productivity, Customer Engagement, Mobile Services and many more. Database Automation lies under Database segment as AWS Database Migration Service.
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Market Trends:
• On the basis of type the global API management market is segmented into carbon identity management, maps & location, speech/ voice.
• 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 a specific CAGR.
Topics Covered:
1.Introduction
2. Market Segmentation
3. Executive Summary
4. Market Overview
5. Premium Insights
6. Global API Management Market: Regulatory Scenario
7. Global API Management Market, By Type
8. Global API Management Market, By Distribution Channel
9. Global API Management Market, By End User
10. Global API Management, By Geography
11. Global API Management, Company Landscape
12. Company Profiles
13. Related Reports
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Restraint:
INCREASING CONCERN ABOUT API SECURITY
The API management solution consumers regularly face threats from the bad bots, hackers and internal threats on their mobile apps software. One of the major challenges that the enterprises are facing is to ensure the complete safety of the data. Due to this reason, Microsoft creates a certification authentication policy that mutually connects the back- end service and API management gateway to solve the malicious API traffic interception.
• In April 2015, according to the Condé Nast Company, major instances of cyber security hacks and software attacks are rising at an alarming rate, more than 120% estimates the number of connected devices through API management gets cyber-attack due to poor coding standards that doesn’t allows integration of API in a perfect ecosystem.
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