Press release
API Testing Market Valued at USD 937.37 Million in 2022, Anticipated to Grow at a CAGR of 20.5% till 2029
API Testing Market
The Application Programming Interface (API) serves as a vital framework facilitating data and logic transfer across systems and applications. API testing tools validate APIs, ensuring their usability, reliability, performance, and security. The aim of API testing is to detect errors, inconsistencies, or deviations from the norm, thus ensuring uninterrupted functionality even with public access.
The comprehensive report on the API Testing Market presents in-depth insights backed by rigorous research methodology. It covers market values, drivers, restraints, and regional insights to offer a clear view of the market's performance and growth potential.
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What are API Testing Market Dynamics?
The API testing market is driven by the adoption of open APIs by organizations, which demands improved testing tools and AI/ML (Artificial Intelligence/Machine Learning) capabilities. However, the market faces challenges related to data security issues and lack of awareness about the API testing process, hindering its growth.
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API Testing Market Segmentation?
Based on deployment type, on-premises deployment is favored by organizations for supporting secure zone initiatives and custom portals. In terms of components, services are widely used for API testing using HTTP or SOAP protocols. The banking and financial services vertical is projected to grow rapidly due to the Open API movement.
by Deployment Type
On-Premises
Cloud
by Component
API Testing Tools
API Testing Services
by Vertical
Telecommunication and IT
Banking, Financial
Services and Insurance
Retail and E-Commerce
Media and Entertainment
Healthcare
Manufacturing
Government
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Who are API Testing Market Key Players?
Bleum
2. CA Technologies
3. Cigniti
4. IBM
5. Infosys
6. Micro Focus
7. Oracle
8. Parasoft
9. Qualitylogic
10.Runscope
11.Smartbear Software
12.Tricentis
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Table of content for the API Testing Market includes:
Global API Testing Market : Research Methodology
Global API Testing Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global API Testing Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global API Testing Market Segmentation
Global Market, by Deployment Type (2021-2029)
Global Market, by Component (2021-2029)
Global Market, by Vertical (2021-2029)
Global Regional API Testing Market (2021-2029)
Regional Market, by Deployment Type (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Global Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
North America dominated the market in 2021 with a 44% share, driven by the rising usage of APIs to improve business processes and the presence of major companies like Oracle, IBM, and CA Technologies. The Asia-Pacific region is expected to witness significant growth during the forecast period.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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