Press release
API Security Global Market Outlook 2025: A Booming $1.35 Billion Market with 32.8% CAGR, Driven by Cyber Threats and API Adoption Trends
Application Programming Interface API Security Market Forecast
What Is The Projected Market Size Of The Global Application Programming Interface (API) Security Global Market Report 2025 And Its Growth Rate?
The API security market is experiencing exponential growth attributed to cyber threats and the role of APIs in modern technology.
• It grew from $1.02 billion in 2024 to $1.35 billion in 2025, demonstrating a robust CAGR of 32.8%.
• The historic growth is spurred by increasing cyber threats, adoption of cloud computing, proliferation of APIs in software development, emergence of mobile applications, and regulatory compliance requirements.
• Looking forward, the market is projected to reach $4.28 billion in 2029, with a CAGR of 33.3%, driven by the growth of IoT devices and applications, expansion of microservices architecture, rising adoption of AI and machine learning in security, integration of blockchain technology, and a heightened focus on API security in DevOps practices.
What Is Driving The Growth In The Application Programming Interface (API) Security Global Market Report 2025?
The increasing prevalence of cyber threats is a significant driver propelling the API security market. These threats exploit vulnerabilities in computer systems, networks, and digital infrastructure, with businesses' increasing reliance on technology providing more opportunities for these exploits. API security helps implement proper authentication and authorization mechanisms, allowing only authorized users and applications to access the APIs and protecting sensitive data. For instance, the Internet Crime Report (IC3) by the Federal Bureau of Investigation (FBI) reported 880,418 cyber complaints in 2023 with losses exceeding $12.5 billion, marking a roughly 10% increase in complaints and a 22% increase in losses compared to 2022. As such, the growing complexity of cyber threats will continue to drive the growth of the API security market.
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Who Are the Key Players Driving Application Programming Interface (API) Security Global Market Report 2025 Growth?
• International Business Machines Corporation
• Oracle Corporation
• Palo Alto Networks Inc.
• Fortinet Inc.
• Akamai Technologies Inc.
• Software AG
• Axway Software SA
• MuleSoft
• Traceable Inc.
• WS02
• Ergon Informatik AG
• Sensidia
• Salt Security Inc.
• Avanan Inc.
• Cequence Security Inc.
• Data Theorem Inc.
• 42 Crunch Ltd.
• Apigee
• Noname Security
• Imperva Inc.
• Red Hat Inc.
• Moesif Inc.
• Forum Systems
• Wallarm Inc.
• Spherical Defense
What Are The Key Trends In The Application Programming Interface (API) Security Global Market Report 2025?
• API security automation
• Enhanced authentication mechanisms
• Increased emphasis on encryption and tokenization
• API security testing and vulnerability management
• Adoption of API security standards and best practices
What Are The Segments Of The Global Application Programming Interface (API) Security Global Market Report 2025?
• By Offering: Platform And Solutions, Services
• By Deployment Mode: Cloud, On-Premise
• By Organization Size: Large Enterprises, Small And Medium Enterprises
• By Vertical: Banking, Financial Services, And Insurance (BFSI), Government, IT And Telecom, Manufacturing, Retail And Ecommerce, Media And Entertainment, Healthcare, Energy And Utilities, Other Verticals
Which Region Leads The Application Programming Interface (API) Security Global Market Report 2025?
The most substantial share of the API security market belonged to the Asia-Pacific region in 2024. The regions covered in the API security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Application Programming Interface (API) Security Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Application Programming Interface (API) Security Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Application Programming Interface (API) Security Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Application Programming Interface (API) Security Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Application Programming Interface (API) Security Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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