Cloud API And Management Platforms And Middleware Market Growth Analysis 2026

Enterprises are gradually shifting towards making use of REST (Representational State Transfer) framework for cloud API as compared to SOAP (Simple Object Access Protocol) due to ease of usage as it is simpler to interact with as it supports multiple data formats and makes efficient use of bandwidth due to less verbosity in comparison to SOAP. The Cloud API and management platforms and middleware market vendors can be categorized into: pure-plays, PaaS and Integration Specialists, System Integrators and Platforms for API’s, governance and SOA. Over the past few years it has been observed that a number of standalone API vendors (pure-plays) have been acquired by large scale enterprises in order to capitalize on the opportunity in cloud API and management platforms and middleware market in the long run.

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Cloud API and management Platforms and MiddlewareMarket: Drivers and Challenges

Cloud API and management platforms and middleware market is fast picking up pace due to wide adoption of mobile and cloud applications for back-end services and wide adoption of microservices based architectures by enterprises. These applications comprise of small, independent processes that communicate via API, thereby creating demand for cloud API and management platforms. Emergence of Internet of Things also has a pivotal role to play in the growth of cloud API market as more number of connected devices requires more analysis and monitoring at a fast rate that can be done through cloud APIs. In addition to this several start-ups and small scale enterprises are adopting assemble from components methodology that enables end users to use APIs to connect apps to IT assets, resulting in growth in usage of cloud APIs.

The challenge faced by cloud API and management platforms and middleware market is that many large scale enterprises have applications that have point to point integration which are not well documented thereby making the integration of these applications challenging with modern apps. Hence if there is a restriction on the IT budget (spending) of the company, the companies tend to sideline services comprising cloud APIs.

Cloud API and management Platforms and MiddlewareMarket: Regional Overview

Cloud API and management Platforms and Middleware market is currently dominated by North America region and accounts for over 50% of the market share. Europe Cloud API and management Platforms and Middleware market follows next as healthcare and government sectors are shifting towards usage of cloud-based services. Asia-Pacific excluding Japan Cloud API and management Platforms and Middleware market is expected to grow at an exponential rate owing to small and medium scale enterprises adopting cloud-based services; in turn leading to growing demand of Cloud API platform.

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