Global API Market Analysis to 2025 Lead By Google, Microsoft, Oracle, Red Hat, IBM, CA Technologies, Boomi, Apiary, Axway and SAP SE
Some of the key players influencing the market are CA Technologies, Inc., Boomi, Inc., Apiary, Inc., Axway, Inc., Google, Inc., Microsoft Corporation, Oracle Corporation, Red Hat, Inc., IBM Corporation, and SAP SE among others.
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Application Programming Interface (API) is defined as the set of protocols, routines, and tools which is being used for building software applications. An API is specifically used to make an interaction between software and external system. APIs are available for mobile operating system as well as desktop operating system. The rising number of mobile devices and demand of private and public APIs will boost the application programming interface market in the forecast period. The factor that can act as a restraint in the growth of the market is the issues faced the availability of servers and the security problem of APIs may hamper the API market. However, the increasing demand of IoT with the advancement in technologies day-by-day and growth in the popularity of Web base APIs will create new opportunities in the market of API.
The report aims to provide an overview of global API market with detailed market segmentation by production forms, solutions, deployment type, enterprise size, application, and geography. The global API market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key API market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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