By Type (Carbon Identity Management, Maps & Location, Speech/Voice), Solution (Security, API Gateway, API Portal, API Lifecycle Management, API Analytics, Monetization, Administration), Service (Integration, Support Maintenance, Training Consulting), Deployment Type (On-premises, Cloud), Organization Size (Large Enterprises, Small and Medium Enterprises), Industry Vertical (IT & Telecommunication, Government & Defence, Banking, Financial, Services and Insurance (BFSI), Media & Entertainment, Healthcare, Retail & Consumer Goods, Transportation, Manufacturing), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Industry Trends and Forecast to 2025
The application programming interfaces (APIs) are a set of protocols, tools and subroutines that are used to develop software applications. These APIs are the intermediate of communication code and software programs, thereby assuring the smooth flow of operations. It offers enhanced customer experience and ensures ease of data management. API management helps in building and publishing web APIs, controlling access of application and also enforces usage policies. Also, it helps in collecting and analyzing the usage statistics as well as provides a report of the performance. The API management includes components such as gateway, publishing tools, reporting and analytics and monetization.
The global API management market is segmented into six notable segments which are type, solution, service, deployment type, organization size and industrial size.
On the basis of type the global API management market is segmented into carbon identity management, maps & location, and speech/ voice.
On the basis of solution the global API management market is segmented into API portal, security, monetization, API gateway, API analytics, API lifecycle management and administration.
On the basis of service the global API management market is segmented into training consulting, support maintenance and integration.
On the basis of deployment type the global API management market is segmented into cloud and on-premises.
On the basis of organization size the global API management market is segmented into large enterprises and small and medium enterprises.
On the basis of industry vertical the global API management market is segmented into banking, financial services and insurance (BFSI), IT & telecommunication, government & defense, media & entertainment, healthcare, transportation, retail & consumer goods, manufacturing and others.
Some of the major players operating in this market are Axway, Palo Alto Research Center Incorporated, Microsoft, Rogue Wave Software, Inc., SAP SE, Oracle, Red Hat, Inc., CA Technologies, Inc., Fiorano Software and Affiliates,, Software AG, Boomi, Inc., International Business Machines Corp., , Nexright, SnapLogic, TYK Technologies, digitalML, Mashape Inc., Mulesoft, Inc., Sensedia, Tibco Software, Inc., WSO2, Inc., Amazon Web Services Inc., and others.