Global API Management Market will touch US$ 2130 Million by 2022 - Akana, Apiary, Axway, CA Technologies


Posted November 15, 2018 by amarsasane

“API Management Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022).

 
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 Global API Management Market solution manages the use of API to open up enterprises or a system’s data in order that it can be utilized by other parts of the organization or perhaps third-party organizations in useful and novel ways. API Management should provide an easy, efficient and effective experience for the development society that is supposed to be using these APIs. API management also provides a life-cycle framework and governance for API.

Global API Management Market is segmented on the basis of Component, Solution, Service, Deployment Type, Organization Size, Industry and Region. Based on Security solutions segment is expected to witness the highest CAGR during the period 2018 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 CAGR during the forecast period.

On the basis of Service segment is support and maintenance services are expected to grow at the highest CAGR 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 2018 due to the technological advancements and presence of key Cloud Service Providers (CSPs) in the region. The market in APAC is expected to grow at the highest CAGR between 2018 and 2022. The primary driving forces for this growth are growing acceptance of cloud-based solutions, emerging technologies such as internet of things (IoT), 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.)

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 2018

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 API Management Market Forecast 2018-2022

8 API Management Segmentation Type

9 API Management Segmentation Industry

10 API Management Cost Analysis

11 Conclusion

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Tags akana , api management , api management industry analysis , api management market , api management market size , apiary , axway , global api management market
Last Updated November 15, 2018