API Management Market Report Forecasting CAGR 19.3% Growth by 2025: Comprehensive Competitors Report By Microsoft, Amazon Web Services (AWS), Axway, Palo Alto Research Center (PARC), Oracle, SAP, Red Hat, CA Technologies and others

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.
This API Management market research report is a verified and reliable source of information which gives telescopic view of the existing market trends, emerging products, situations and opportunities that drives your business in the right direction of success. In this API Management market report, competitor strategies are analysed with respect to their recent developments, new product launches, joint ventures, mergers and acquisition which helps figure out the scope of improvement for the client business. This API Management report is a great source of information for the major happenings and industry insights which is very valuable to thrive in this competitive age.

Market Analysis:
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.

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Major Players:
Some of the major players operating in the market are 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 and others.

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.

Drivers
INCREASING DEMAND OF MOBILE APPLICATION
API management solution, along with mobile phones, are leading contributors to the GDP of the country. Many industries in the region such as e-commerce, healthcare, retail, entertainment among others have initiated integrating the API management in mobile Apps. The API management applications in wireless/ automatic communication systems dominates the IT system in commercial and government application such as smart security system, automobile monitoring, military-grade security, precision monitoring of apps and many other applications.

• In December 2016, Software AG (Germany) launched a new version of web methods API Cloud that comprises of streamlined API Gateway, with the help of such solution the enterprises can attain cloud-based API Management service including API developer portal and the API security gateway in a single service. This development will help the company in increasing the product portfolio.. CA Technologies (U.S.) launched a mobile API gateway 4.1 which is beneficial in delivering the developer productivity, seamless security and a great chances to used the IoT (Internet of Things) cloud based application in mobile gateway.
RISING DEMAND OF WEB BASED API MANAGEMENT

The web based API management is used to improve the security in updating the software programs by patch security holes and fixing all the bugs. It is also used as web apps, that is built-in for user tracking depicting which figure shows the work is completed and hence determine to update the web programs.The operating system needs to be updated and use the Mac OS or Linux, Window XP or 10 for easy interface.
• According to the report, the employees of 1000 fortune companies around the globe are working from home or any other place, but they access the official work from the web applications that are created through API management. Nowadays, its observed that Quibb web community is created for reading and sharing links to the internet from any place.

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.

OPPORTUNITIES
GROWING ACCEPTANCE OF IOT APPLICATION
The API enabled IoT sensor application was witnessed in smart watch and fitness tracker that offers data like statistics on the number of steps, collecting information, wireless access to get Internet and provides backend that is running in the cloud. In Industrial IoT, in which API management is used are Fleet Management and Predictive Maintenance. It provides a protection to IoT devices, controls the provisioning, transform the data timely, create applications and integrate with enterprise systems.
• In December 2016, Software AG (Germany) launched a new version of web Methods API Gateway that involves and encompasses mediation and security capabilities and providing the enterprises the scalable, extensible and scalable assistance for digital transformation and improvised API Management. When the appropriate considerations are made in the design process, an API enabled IoT sensor can have a positive influence on the overall reliability of the equipment involved.

CHALLENGES
LACK OF SKILLED PROFESSIONAL
However, it oversees that companies have implemented strategy to drive down dependence on external software and establish APIs that can be molded and adapted to the business’ need. The skilled developer used to develop API management solution in different industries such are healthcare, automotive and electronics appliances.
The customer lifestyle is totally depends upon the technology driven software applications and consumer rapidly demand for more customized services and products from the companies. In this situation perfect developer are required to fulfil the needs of clients and end users and the maximum requirements are witnessed in mobile applications, wearables, cloud based applications and security systems application.
So government and private organisation required to invest a huge amount of capital to train or hire the equipped individual, those who are able to control and protect the data from the various system hackers and without SSI certified individuals.
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.

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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

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.
• 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.
• 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.
• 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.
• 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.
• 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.
• 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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