Press release
Cloud Application Programming Interface Market Worth US$ 1.78 Bn by 2026
Cloud API Market
Interdependency of businesses with cloud computing is rapidly gaining traction among multiple industry verticals, necessitating the need for an Application Programming Interface (API) that enables cloud application accessibility to numerous users. Smartphones, mobiles, and other connectivity devices have attained a predominant presence in the global tech industry, working as an ideal dais for the global cloud API market growth. Development of cloud platforms and their integration in business infrastructure is being actively practiced by companies globally, especially in North America. In 2015, the cloud API market in North America surpassed US$ 100 million in revenues. With respect to global revenues, the US$ 295 million global cloud API market is expected to attain a steadfast growth and procure US$ 1,773.9 million over the forecast period of 2016-2026.
Global Cloud API Market: Research Highlights
• The global cloud API market size is estimated to expand vigorously at 19.6% CAGR during the period of assessment
• Top industries attuned with cloud API applications include healthcare, hospitality, media & entertainment, BFSI, retail, and IT & telecommunications
• By 2026, cloud API applications in the global BFSI sector are expected to yield revenues worth over US$ 350 million
• Cloud APIs in healthcare applications, however, are likely to incur a dip as the industry vertical’s market share is anticipated to descend over the forecast period
• Compared to SMEs, large corporations will dominate the global cloud API market, contributing over US$ 1 billion to global revenues by the end of 2026
• Despite the market’s exponential growth, improper documentation has been rendered as a crucial inhibitor for adoption of cloud API services, particularly in BFSI, retail and healthcare industry verticals.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/8059
A company-wise backdrop of the global cloud API market comprises distinguished participation from the world’s largest IT corporations, which induces faith among end-users of cloud API services. Backed by tech behemoths, cloud API solutions & services are being fundamentally incorporated into the regular cloud-based product offerings. Companies partaking in the development of the global cloud API market are being classified into four groups namely – Integration Specialists, Platform Management Providers, System Integrators, and Pure Players.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/cloud-api-market/toc
Companies such as Microsoft Corporation or Axway Software SA are identified as integration or Platform-as-a-Service (PaaS) specialists. Developing and delivering a customized cloud API management solution that easily integrates with the client’s business data system is a key offering of system integrators such as Accenture and The Hewlett-Packard Company. Correspondingly, Oracle Corporation and IBM Corporation are two of the leading players in the global cloud API market that manage API platforms by offering service governance. Apart from these, the global market for cloud API includes some core players such as Apigee Corporation, 3scale Inc., CA Technologies, Inc., Google Inc., SAP S.E., TIBCO Mashrey, and Amazon Web Services, Inc.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/8059
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Application Programming Interface Market Worth US$ 1.78 Bn by 2026 here
News-ID: 484043 • Views: …
More Releases from Persistence Market Research
Sportswear Fabric Market to Reach US$40.5 Bn by 2032, Growing at 5.0% CAGR
The global sportswear fabric market is undergoing a significant transformation as consumer expectations shift toward performance, comfort, sustainability, and style. As active lifestyles and fitness-oriented habits become the global norm rather than a niche trend, the fabrics used to manufacture sportswear garments are gaining immense attention among brands, manufacturers, and material innovators.
➤ Download Your Free Sample & Explore Key Insights:
https://www.persistencemarketresearch.com/samples/30859
According to recent industry projections, the sportswear fabric market size…
Image Guided Dentals Surgery Market Set to Transform Modern Implant Dentistry
Image-guided dental surgery (IGDS) represents one of the most transformative advancements in modern dentistry. As dental practices worldwide shift toward precision-driven, minimally invasive techniques, IGDS has emerged as a critical tool for improving patient outcomes, enhancing surgical accuracy, and elevating the quality of dental care. By integrating advanced imaging systems, 3D visualization, virtual planning tools, and computer-navigation technologies, IGDS systems allow clinicians to perform complex procedures with a higher degree…
Textile Sizing Chemicals Market: Growing Demand for High-Performance and Sustain …
Introduction
Textile sizing chemicals play a crucial role in the textile manufacturing chain, particularly during the weaving process. Sizing is the step where yarns-especially warp yarns-are coated with a protective adhesive film to improve strength, reduce friction, minimize hairiness, and lower breakage during weaving. This process enhances weaving efficiency and yields higher-quality fabrics with improved texture, durability, and uniformity. Without sizing chemicals, modern high-speed looms would not be able to achieve…
2-Ethylhexanoic Acid Market Trends Transforming the Industrial Chemicals Landsca …
Introduction
2-Ethylhexanoic Acid (2-EHA) is a widely used organic carboxylic acid known for its clear-to-yellowish appearance, mild odor, and excellent solubility in organic solvents. With strong chemical stability, high boiling point, and the ability to react with metals and alcohols to form esters or metal salts, 2-EHA serves as a versatile intermediate in several industrial applications. The global market for 2-EHA is deeply influenced by trends in downstream industries such as…
More Releases for API
API Management Market Size, Trends Analysis 2032 by Key Vendors- Google, Cloud A …
USA, New Jersey: According to Verified Market Research analysis, the global API Management Market size was valued at USD 4.37 Billion in 2024 and is projected to reach USD 33.07 Billion by 2032, growing at a CAGR of 28.77% from 2026 to 2032.
What is the current outlook of the API Management Market and its expected growth potential?
The API Management Market is witnessing robust expansion due to the growing need…
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…
