Press release
API Testing Market Emerging Technologies, Analysis And Development Trends
API Testing Market expected to reach USD 3457.96 Million by 2029 at a CAGR of 20.5 percentAPI Testing Market Report Scope and Research Methodology
The report highlights the competitive market view, segment analysis based on deployment type, by component, and by vertical. First, the market overview describes the market trends, key market drivers, market restraints, opportunities, and challenges for the API Testing Market. The market size and trends for the lobster market were analysed by using both primary and secondary data. Top down approach were used to estimate market size of the API Testing market.
Market projections were based on historical data, present sector developments, and future market opportunities and challenges. The SWOT analysis of the major market players, which included their strengths, weaknesses, opportunities, and threats, was also included in the research to provide a thorough knowledge of the market dynamics. By employing the PESTLE analysis, the operating environment of an organization can be assessed. Porter's analysis were used to identify crucial factors that directly affect market profitability.
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What are API Testing Market Dynamics?
The API Testing Market is very dynamic and growing in the industry. Rising adoption of open API by organisations and increasing demand for artificial intelligence and machine learning drives the growth of API Testing Market. Adopting an open API strategy is also creating new demand for testing and QA teams and driving adoption of AI-related skill sets. The emerging trends of the API Testing Market are Increased Adoption of Micro services and APIs, Shift-Left Testing, and AI and Machine Learning. There are also some challenges that the API Testing Market faces are complexity of APIs, Lack of expertise, security concern and high time and cost.
API Testing Market Segmentation?
Based on the type of deployment
In order to enable secure zone projects, custom portals, and different business divisions, organisations prefer the on-premises deployment strategy. Organisations without stand-up infrastructure utilise a cloud-based methodology for API testing. Over the course of the forecast period, on-premises API testing is expected to have a larger market share. Businesses' hesitation to test their APIs on cloud-based platforms is the cause of this. After all, exposing internal and open APIs to a cloud platform entails significant data security risks.
According to the component
Through the use of the HTTP or SOAP protocols, services test software programmes. Although there are various methods for deploying services, the most often used ones are REST (Representational State Transfer) and SOAP (Simple Object Access Protocol). Services provide data transmission and interoperability across software applications. Unlike SOAP, which is based on XML data transmission, REST is based on CML, JSON, and simple URL data communication. The WSDL language, which is based on XML, is used to specify the services made available by services like SOAP.
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Who are API Testing Market Key Players?
1. 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
Table of content for the API Testing Market includes:
Part 01: Executive Summary
Part 02: Scope of the API Testing Market Report
Part 03: Global API Testing Market Landscape
Part 04: Global API Testing Market Sizing
Part 05: Global API Testing Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
In 2021, the North America region dominates the market and expected to maintain its dominance during forecasted period. The North America market is growing rapidly due to the increasing use of APIs to enhance business processes in the USA. The US market is growing due to the presence of major players such as Oracle, IBM, and CA Technologies, among others. API testing market in Asia-Pacific is growing rapidly due to the rapid digitization and the growth of mobile apps and web services in the region. Companies in countries such as India, China and Southeast Asian countries are expanding their digital presence and adopting cloud based solutions, which means there is a growing need for reliable API testing solutions and services to guarantee the security and reliability of their digital products and services.
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