Press release
Top Companies of "Global API Testing Market" like Astegic, Axway, Bleum, CA Technologies, Cigniti Technologies Are Dominating The Industry With CAGR of 21.01% During 2017-2024
Global API Testing Market ? Industry Trends and Forecast to 2024
The Global API Testing Market accounted for USD 405.02 billion in 2016 growing at a CAGR of 21.01% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors :
• Astegic,
• Axway,
• Bleum,
• CA Technologies,
• Cigniti Technologies,
• Cygnet Infotech,
• IBM,
• Inflectra Corporation,
• Infosys,
• Load Impact,
• LogiGear Corporation,
• Micro Focus,
• Nevatech,
• Oracle Parasoft Corporation,
• Tricentis,
• Vector Software
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Competitive Analysis :
The report for global API testing include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Major Market Drivers & Restraints:
• Businesses adopting open API strategies.
• Adoption of Agile Practices for Software Development
• Data Regulations and Policies
Market Segmentation:
On the basis of deployment model:- On-premises, and cloud.
On the basis of component:- API testing tools/software, API testing services.
The API testing services segment is further sub segmented on the basis of type into managed services, and professional services
On the basis of vertical:- IT and telecommunication banking, financial services, and insurance, retail and ecommerce, media and entertainment, healthcare, manufacturing, government, and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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