API Management Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

API Management market size was valued at USD 1.8 billion in 2021 and is projected to reach USD 13.56 billion by 2028, growing at a CAGR of 28% from 2022 to 2028. Advances in Internet of Things and Big Data, cost and feature advantages, and development prerequisites for overseeing API traffic are expected to drive the API management market overall. However, a framework integrator and a combination of SOA and PaaS are needed to articulate an attractive opportunity for the API management market.

Company Profile

Some of the major players such as IBM, Google, Oracle, Red Hat, Software AG, Axway, mulesoft, Microsoft, SAP SE, AWS, CA Technologies, Broadcom company, TIBCO, Kony, Rogue Wave Software, Sensedia, Torry Harris Business Solutions, Tyk Technologies, WSO2, Osaango, Dell Boomi, and Postman.

Market Segmentation

On the basis of Components

• Solutions
• API platform
• API analytics
• API security

On the basis of Deployment Types

• On-premises
• Cloud

On the basis of Organization size

• SMEs
• Large enterprises

On the basis of Industries

• BFSI
• IT and telecom
• Government

Scope of the Report

The research study analyzes the API Management Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by API Management Market Report

1. What was the API Management Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of API Management Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the API Management Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.