Press release
Cloud API Market is an Impressive CAGR of more than 19% over and get close to a US$ 9 Bn valuation by 2031
Cloud API Market during 2022-2031
Cloud API Market 2022-2031The global cloud API market is estimated to register a high CAGR of over 19% during the forecast period (2022-2031). The market is set to expand around 6X and close in on a valuation of US$ 9 Bn by 2031.
Request for Free Sample Report of “Cloud API” Market @ https://www.persistencemarketresearch.com/samples/8059
Due to wide adoption of mobile and cloud platforms for back-end services, use of cloud API management platforms has significantly increased, especially among small- and medium-scale enterprises. This has aided enterprises in integrating and moving more workloads to public, private, and hybrid clouds.
Open APIs enable efficient machine-to-machine interface, thereby increasing cloud-based application processing requirements. By 2025, over 85% of IT organizations will adapt to hybrid cloud architecture, which is expected to directly impact implementation of cloud APIs and management platforms.
Additionally, several advantages of microservices-based architecture include eliminating long-term commitment to a single technology stack and improving fault isolation, which has led many enterprises to shift to this model from other conventional models. Microservices refers to a software architectural style, in which an application is made up of small, independent processes that use API to communicate with each other.
In the recent past, companies have been offering services to a wide range of clients across different verticals using various platforms by making use of microservices to deliver data due, to ease of use. This has led to increase in usage of cloud API services across regions.
Key Players:
The report has profiled some of the Important players prevalent in the global like – IBM Corporation, Google LLC, Oracle Corporation, Microsoft Corporation, SAP SE, Amazon Web Services, Inc., Apigee Corporation, Broadcom Inc., Red Hat, Inc., TIBCO Mashrey, Axway Software SA, Salesforce.com, Inc., Dell Inc., Adobe Inc., Citrix Systems, Inc. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Cloud API.
Key Takeaways from Market Study
Demand for cross-platform APIs is estimated to surge. However, SaaS APIs are estimated to continue to hold a significant market share through 2031.
The healthcare sector expected to emerge as a high-growth market. This is mainly due to increase in adoption of API-integrated electronic health records (EHRs) that provide ease of data accessibility.
By enterprise size, large enterprises are estimated to hold substantial market share during the forecast period; however, SMEs are expected to expand faster at a CAGR of over 20% over the next ten years.
The South Asia & Pacific cloud API market is expected to register a high CAGR, owing to major shift toward open architectures and cloud computing services across developing countries in the region.
The market for cloud APIs in Japan and the U.K. is expected to surge ahead at growth rates of around 22% and 19%, respectively.
Cloud API integration in the U.S. is anticipated to witness strong growth of over 14% through 2031.
The Mexico market for cloud API is projected to expand at are markable CAGR of close to 21% through 2031.
“API and integration product vendors are investing heavily in advancing features and capabilities of their platforms. With disruptive and aspirational use cases such as artificial intelligence (AI), robotic process automation (RPA), machine learning (ML), blockchain, and the Internet of Things (IoT) gaining traction, vendors are working harder than ever to ensure that their platforms / products are equipped to meet these demands of the near future,” says a Persistence Market Research analyst.
Request For Customization@ https://www.persistencemarketresearch.com/request-customization/8059
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Cloud API Market Manufacturers
Cloud API Market Distributors/Traders/Wholesalers
Cloud API Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Major Highlights of the Cloud API Market Report:
The Cloud API Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Cloud API Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Click Here to Buy this Report@ https://www.persistencemarketresearch.com/checkout/8059
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud API Market is an Impressive CAGR of more than 19% over and get close to a US$ 9 Bn valuation by 2031 here
News-ID: 2547844 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for API
Api 607 Vs API 608: A Comprehensive Comparison Guide Of Industrial Valve
Introduction: Why are API standards so important for industrial valves?
In high-risk industries such as oil and gas, chemicals and power, the safety and reliability of valves can directly affect the stability of production systems. The standards set by API (American Petroleum Institute) are the technical bible of industrial valves around the world. Among them, API 607 and API 608 are key specifications frequently cited by engineers and buyers.
This article will…
Vehicle API Market 2023 | Futuristic Technology- CarAPI, Caruso, One Auto API, A …
The Vehicle API market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Vehicle API report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Vehicle API research report also provides insights of different regions that are…
Face Recognition API Market Growth, Business Overview 2023, and Forecast to 2030 …
Facial recognition is a way of recognizing a human face through technology. A facial detection system uses biometrics to map facial features from a photograph or video. It compares information with a database of known faces to find a match. Moreover, the accuracy of facial recognition systems has improved way better in the last decade. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger,…
API Management Market Report 2018: Segmentation by Solution (API Portal, API Gat …
Global API Management market research report provides company profile for Akana, Inc. (U.S.), Apiary, Inc. (U.S.), Axway, Inc. (France), CA Technologies, Inc. (U.S.), Cloud Elements, Inc. (U.S.), Dell Boomi, Inc. (U.S.), DigitalML (U.S.), Fiorano Software, Inc. (U.S.), Google, Inc. (U.S.), Hewlett-Packard Enterprises Co. (U.S.), IBM Corporation (U.S.), Mashape Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical…
Telecom API Market: OTT Service Providers Continue Cutting into Telecom API Prof …
The highly fragmented market of telecom API holds a staggering number of service providers and aggregators that are already offering their APIs to various telecom carriers. Alcatel Lucent, Apigee Corp., and Fortumo OU were the leading providers of telecom API from a global perspective in 2014. Telecom carriers have partnered with them and other prominent players in the past to launch APIs in the market.
According to Transparency Market Research’s latest…
Small Molecule API Market Growth Drivers 2018 | by Types Synthetic/Chemical API, …
Complete Study of Small Molecule API Market Research Report is added on MarketResearchFuture.com with Latest Advancement. Detail analysis on possible segments and sub segments of the Small Molecule API Market. Along with this regional analysis of the market which includes North America, Europe, Asia Pacific and Middle East and Africa.
Global Small Molecule API Market – Overview
Development in the small molecule API can be attributed due to the growth observed in…
