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API Management Market: Recent Developments | CA Technologies, Microsoft Corporation, Akana Inc, Apiary Inc., Google Inc., Red Hat Inc., Axway Inc., Mashape Inc., Fiorano Software, HP, MuleSoft

05-13-2019 08:14 PM CET | IT, New Media & Software

Press release from: Global Reports Store

API Management Market: Recent Developments | CA Technologies, Microsoft Corporation, Akana Inc, Apiary Inc., Google Inc., Red Hat Inc., Axway Inc., Mashape Inc., Fiorano Software, HP, MuleSoft

Global API Management Industry Industry was valued at USD $1.6 Billion in the year 2019. Global API Management Industry Industry is further estimated to grow at a CAGR of 33.2% from 2019 to reach USD $9.04 Billion by the year 2025.

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Major market players in API Management are CA Technologies, Microsoft Corporation, Akana Inc, Apiary Inc., Google Inc., Red Hat Inc., Axway Inc., Mashape Inc., Fiorano Software, HP, MuleSoft Inc., Sensedia, SAP SE, TYK Technologies, Tibco Software, IBM Corporation, and Cloud Elements Inc. and brief information of 5 more companies provided in the report.

Advancements of the Big Data and Internet of Things, increasing requirements to manage API traffic, and feature & cost benefits are some of the major factors assumed to tower the development of API managements Industry. Security problems associated to API is expected to restrain the development of API management industry in the forecast period. Nevertheless, PaaS and SOA integrations along with system integrators are expected to unlock up new alluring avenues in near future. Moreover, new product launches by market players are also set to power the development of API management market. For example, in August 20198 Microsoft announced plans for rolling a new BizTalk Server service in addition to details about its dream of Azure Integration Services.North America is likely to hold largest market share in coming years in API management industry. Rising popularity of web APIs will be the major boosting factors for development of API management industry in this area. The high acceptance rate of new tech is likely to support the development of API management industry in Europe.

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API Management Industry Overview, By Deployment

On-Premises
Cloud

API Management Industry Overview, By Solution

API Portal
Security
Monetization
API Gateway
API Analytics
Administration

API Management Industry Overview, By Service

Training & Consulting
Support & Maintenance
Integration

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API Management Industry Overview, By Region

North America

• USA

• Canada

Europe

• Germany

• U.K.

• France

• Italy

• Rest of Europe

APAC

• China

• India

• Japan

• Rest of Asia-Pacific

RoW

• Latin America

• Middle East & Africa

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