API Management Market Projected to Reach US$ 2130 Million by 2022 - Akana, Apiary, Axway, Google, IBM, Mashape


Posted January 16, 2019 by amarsasane

“API Management Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2022).

 
Global API Management Market overview:

With the slowdown in world economic growth, the API Management industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, API Management market size to maintain the average annual growth rate of 20.79% from 387 million $ in 2014 to 682 million $ in 2017, Market analysts believe that in the next few years, API Management Market size will be further expanded, we expect that by 2022, The market size of the API Management will reach 2130 million $.

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The major factor driving the API Management Market are the growing demand for Private and Public APIs, growing popularity of Web APIs and growing number of Mobile Device Users. The API Management Market is growing rapidly to manage the increasing API Traffic.

The Global API Management Market is segmented on the basis of Component, Solutions, Services, Industry Verticals Region. Based on Solutions segment, the security solutions is expected to witness the highest Compound Annual Growth Rate during the period 2019 to 2022. API security solutions provide data Encryption, Perimeter Security, Authentication & Authorization and Threat Prevention. Moreover, they provide Mediation, Protocol Transformation and Scripting. These benefits are driving the market and are anticipated to help in propelling the security market to grow at the highest Compound Annual Growth Rate during the forecast period.

Based on Services segment, the support and maintenance services are expected to grow at the highest Compound Annual Growth Rate over the forecast period owing to the rapid adoption of API management solutions in large enterprises, which require third party assistance for maintenance and management of API Management solutions. They provide most recent fixtures and enhancements to the API Management solutions.

Regionally, North America is expected to hold the largest share of the API Management Market in 2019 due to the technological advancements and presence of key Cloud Service Providers (CSPs) in the region. The API Management Market in Asia-Pacific is expected to grow at the highest Compound Annual Growth Rate between 2019 and 2022. The primary driving forces for this growth are growing acceptance of cloud-based solutions, emerging technologies such as Internet of Things, Big Data Analytics and Mobility.

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Major Key Players:

1 Akana Inc. (U.S.)

2 Apiary Inc. (U.S.)

3 Axway Inc. (France)

4 CA Technologies Inc. (U.S.)

5 Cloud Elements Inc. (U.S.)

6 Dell Boomi Inc. (U.S.)

7 DigitalML (U.S.)

8 Fiorano Software, Inc. (U.S.)

9 Google Inc. (U.S.)

10 Hewlett-Packard Enterprises Co. (U.S.)

11 IBM Corporation (U.S.)

12 Mashape Inc. (U.S.) and More ………………………

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global API Management Market Report 2019

1 API Management Definition

2 Global API Management Market Major Player Share and Market Overview

3 Major Player API Management Business Introduction

4 Global API Management Market Segmentation (Region Level)

5 Global API Management Market Segmentation (Type Level)

6 Global API Management Market Segmentation (Industry Level)

7 Global API Management Market Segmentation (Channel Level)

8 API Management Market Forecast 2019-2022

9 API Management Segmentation Type

10 API Management Segmentation Industry

11 API Management Cost Analysis

12 Conclusion

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Last Updated January 16, 2019