openPR Logo
Press release

API Management Market: Lucrative Opportunities across Globe

API Management Market: Lucrative Opportunities across Globe

The need to manage the usage of application programming interfaces (APIs) to decode the data of systems or enterprises in a bid to make it usable for other sections of the organization or for third-party organizations in novel ways is boosting the global API management market. The rising need for the governance and a life-cycle framework for APIs is also fueling the demand for API management solutions, which is reflecting positively on this market.

The significant rise in the popularity of web APIs, together with the augmenting demand for public as well as private APIs are projected to drive the growth of the worldwide API management market remarkably in the years to come. Apart from this, the mobility of these solutions and apps explosion are also anticipated to favor this market tremendously over the next few years.

The worldwide market for API management is characterized by the rivalry between the established multinational as well as local players. The market participants rely heavily on the advancements in technology for the growth of their businesses. Over the coming years, they are likely to shift their focus towards strategic alliance in order to gain strength in the global market.

Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15560

Global API Management Market: Overview

Application programming interface (API) stands for a set to protocols, tools, and subroutines that are used to build software applications. Acting as a communication code between software programs, API management enables an organization to monitor the functionalities of the interface and meet the requirements of the application and developers. API management allows traffic monitoring of individual applications and helps in cache memory management to improve the performance of the application. As API management software can either be built in-house by an organization or can be imported from third-party providers, and has become an essential tool for several business vendors to enhance their customer experience. Consequently, the demand in the global API management market is projected to expand at a healthy rate during the forecast period of 2016 to 2024.

This report on the global API management market provides qualitative and quantitative examination of the market in its current scenario and analyzes all the factors that may influence the demand in the near future, to estimate the condition of the market until 2024. This report is meant for audiences such as organizations, network operators, and solution providers, aspiring to serve as a credible document to make more informed business choices. The report contains a dedicated section on company profiles, exploring several prominent players for their market share and product portfolio, in order to present a clear picture of the competitive landscape.

The global market for API management can be segmented on the basis of services into analytics, portal, gateway, governance, security, and other services. By end-use industries, the market can be categorized into aerospace and defense, banking and finance, automotive and transportation, public sector and government, retail and consumer, healthcare and life sciences, and technology and media. Geographically, the report examines the opportunities available for API management market in regions such as North America, the Middle East and Africa, Asia Pacific, Europe, and Latin America.

Global API Management Market: Trends & Opportunities

Mobility and App proliferation is the primary factor augmenting the demand for API management. With growing number of mobile subscribers, the rise of social media, and penetration of ecommerce, vendors from various sectors can now provide information in interactively to their consumers and thereby increment their sales. The advancements of the Internet of Things and Big Data as well as cost and feature benefits are other two major factor favoring the global API market. Moreover, as API management helps in systematic enforcement of policies and visualization of insightful analytics, the demand is expected to expand to several organizations that desire to expand their productivity.

Conversely, some of the factors expected to challenge the market from attaining its full potential are: data security, legacy investments in SOA, and performance monitoring by skilled professionals. System integrators, digital transformation, and SOA and PaaS integrations are some of the new opportunity avenues available for the players in this market.

Global API Management Market: Regional Outlook

North America and Europe currently serve the maximum demand for API management, owing to high adoptability of new technology. However, several emerging economies in Asia Pacific such as India, China, Japan, and South Korea house several end-use organizations that offer vast untapped opportunities.

Companies mentioned in the research report

Amazon, CA Technologies, RedHat, Apiary.io, Apigee, Stormpath, Telenity, Akana, Axway, Crosscheck Networks, Dell Boomi, Fiorano Software, Inc., IBM, Distil Networks, Mashape, MuleSoft, Nevatech, NGINX Software Inc., Mashery (Tibco), Microsoft, Restlet, SAP, Sapience, Oracle, RepreZen, Socrata, Software AG, and Torry Harris are some of the leading players currently functional in the global API management market.

Get TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=15560

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.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 API Management Market: Lucrative Opportunities across Globe here

News-ID: 995870 • Views: 157

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for API

Tagraxofusp - API Insight, 2018
Tagraxofusp, sold under the brand name of Elzonris, is an Interleukin 3 (IL-3) conjugated truncated diphtheria toxin. It is composed of catalytic and translocation domains of diphtheria toxin fused via Met-His linker to a full-length human IL-3. Download the sample report @ https://www.pharmaproff.com/request-sample/1168 Tagraxofusp was developed by Stemline Therapeutics Inc. and was approved in December 2018, as the first therapy for blastic plasmacytoid dendritic cell neoplasm. This drug achieved approval after
Cabozantinib- API Insight, 2018
Cabozantinib, sold under the brand name of Cabometyx and Cometriq, is used for the treatment of medullary thyroid cancer and a second line treatment for renal cell carcinoma. It is a small molecule inhibitor of the tyrosine kinases c-Met and VEGFR2, and also inhibits AXL and RET. Download the sample report @ https://www.pharmaproff.com/request-sample/1164 Discovered and developed by Exelixis Inc., its side-effects include increased liver enzymes, diarrhea, low calcium, mouth sores, decreased
Tyk API Management v2.3
After months working-out in the gym, the new version of Tyk is ready to flex its muscles.   Tyk v2.3 is twice as fast, leaner, more extendable and is still available for FREE! London, United Kingdom 8th December, 2016. Tyk Technologies is pleased to announce the v2.3 release of Tyk, the popular open-source API Management platform.   Tyk v2.3 builds upon the success of previous releases. The feedback and contributions from Tyk’s thriving open source community, as well as enterprise clients, drove
Telecom API Helps Application Developers to Integrate Various API Services
Telecom API market represents an overall Application Programming Interface (API) services provided by telecom carriers, service providers and aggregators to application developers in order to create mobile applications. Telecom API helps application developers to integrate various services such as payment, voice, SMS and WebRTC into their mobile application. This helps application developers to enhance their customer experience and market their mobile applications among end-users. Telecom API provides many benefits to
Biotech API Surging Worldwide
According to a new research report by RNCOS, entitled “Global Biotech API Market Analysis”, geographies across the world are showing insurgent growth in the biotech API Industry. The US occupied more than half of the share in the global market in 2011, and is the largest producer of biotech APIs. Western European countries occupy around 15% share globally among which, the UK is the largest producer of biotechnology-based APIs. The
Global Biotech API Market Analysis
RNCOS has recently added a new Market Research Report titled, “Global Biotech API Market Analysis” to its report gallery. Biotech APIs contribute a very low share in the global API market with synthetic API’s accounting for majority of the formulations. However, with the revolutionary growth in the biopharmaceutical industry and gaining applications of biotech drugs, biotech API’s are sure to see a highly prospective market in the future. As per our