The API management market size was valued at US$ 4.29 billion in 2022 and is expected to reach US$ 35.40 billion by 2030; it is estimated to record a CAGR of 30.2% from 2022 to 2030.
The API management market growth has been significantly aided by the increasing requirement for APIs to support digital transformation. Customers' preferences have changed due to the expanding connectivity through social media and smartphone experiences. Organizations worldwide implement application program interface management techniques to respond promptly to evolving client demands. This is the primary factor anticipated to sustain the development of the global API management market.
The number of companies implementing cloud-based IT infrastructure has increased significantly in recent years, along with the growth of the cloud computing sector. With the emergence of cloud computing, the majority of businesses employed a single-cloud strategy, which involved using the services of a single cloud provider for all of their cloud requirements. However, there has been an increasing trend in recent years toward multi-cloud adoption, which refers to businesses using the services of several different cloud providers. Several factors are driving the evolution from single-cloud to multi-cloud, including the growing availability of cloud services from several suppliers. There were only a few significant cloud providers in the early days of cloud computing, with Amazon Web Services (AWS) holding the lead position. However, in recent years, several cloud providers have entered the market, highlighting a notable increase in the number of providers. As a result, businesses have more freedom and options when selecting cloud service providers as per their requirements.
The growing need for flexibility and agility is another factor propelling the shift from single- to multi-cloud computing. Organizations must have the flexibility to swiftly adjust to changes in their business requirements in today's rapidly evolving business environment. Organizations can get this agility and flexibility by transferring workloads between cloud providers as needed with the support of a multi-cloud strategy. A multi-cloud strategy can have a significant positive impact on the API management market.
Broadcom Inc.; Microsoft Corporation; Oracle Corporation; Software AG; IBM Corporation; Postman, Inc; TIBCO Software Inc.; SAP SE; Red Hat; and Amazon Web Services are among the key API management market players profiled in this market study. Several other essential API management market players were analyzed for a holistic view of the market and its ecosystem.
The overall API management market size has been derived using both primary and secondary sources. To begin the API management market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the API management market. The process also serves the purpose of obtaining an overview and market forecast of the API management market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the API management market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. API Management Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 List of Vendors in the Value Chain
5. API Management Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. API Management Market - Global Market Analysis
6.1 API Management - Global Market Overview
6.2 API Management - Global Market and Forecast to 2030
7. API Management Market - Revenue Analysis (USD Million) - By Component, 2020-2030
7.1 Overview
7.2 Solutions
 7.2.1 API Platform
 7.2.2 API Analytics
 7.2.3 API Security
7.3 Services
 7.3.1 Integration and Implementation
 7.3.2 Consulting
 7.3.3 Support and Maintenance
 7.3.4 Training and Education
8. API Management Market - Revenue Analysis (USD Million) - By Deployment Type, 2020-2030
8.1 Overview
8.2 On-Premises
8.3 Cloud Based
9. API Management Market - Revenue Analysis (USD Million) - By Organization Size, 2020-2030
9.1 Overview
9.2 SMEs
9.3 Large Enterprises
10. API Management Market - Revenue Analysis (USD Million) - By End User, 2020-2030
10.1 Overview
10.2 BFSI
10.3 IT and Telecom
10.4 Healthcare
10.5 Government
10.6 Manufacturing
10.7 Others
11. API Management Market - Revenue Analysis (USD Million), 2020-2030 - Geographical Analysis
11.1 North America
 11.1.1 North America API Management Market Overview
 11.1.2 North America API Management Market Revenue and Forecasts to 2030
 11.1.3 North America API Management Market Revenue and Forecasts and Analysis - By Component
 11.1.4 North America API Management Market Revenue and Forecasts and Analysis - By Deployment Type
 11.1.5 North America API Management Market Revenue and Forecasts and Analysis - By Organization Size
 11.1.6 North America API Management Market Revenue and Forecasts and Analysis - By End User
 11.1.7 North America API Management Market Revenue and Forecasts and Analysis - By Countries
 11.1.7.1 United States API Management Market
 11.1.7.1.1 United States API Management Market, by Component
 11.1.7.1.2 United States API Management Market, by Deployment Type
 11.1.7.1.3 United States API Management Market, by Organization Size
 11.1.7.1.4 United States API Management Market, by End User
 11.1.7.2 Canada API Management Market
 11.1.7.2.1 Canada API Management Market, by Component
 11.1.7.2.2 Canada API Management Market, by Deployment Type
 11.1.7.2.3 Canada API Management Market, by Organization Size
 11.1.7.2.4 Canada API Management Market, by End User
 11.1.7.3 Mexico API Management Market
 11.1.7.3.1 Mexico API Management Market, by Component
 11.1.7.3.2 Mexico API Management Market, by Deployment Type
 11.1.7.3.3 Mexico API Management Market, by Organization Size
 11.1.7.3.4 Mexico API Management Market, by End User
 Note - Similar analysis would be provided for below mentioned regions/countries
 
11.2 Europe
 11.2.1 Germany
 11.2.2 France
 11.2.3 Italy
 11.2.4 United Kingdom
 11.2.5 Russia
 11.2.6 Rest of Europe
11.3 Asia-Pacific
 11.3.1 Australia
 11.3.2 China
 11.3.3 India
 11.3.4 Japan
 11.3.5 South Korea
 11.3.6 Rest of Asia-Pacific
11.4 Middle East and Africa
 11.4.1 South Africa
 11.4.2 Saudi Arabia
 11.4.3 U.A.E
 11.4.4 Rest of Middle East and Africa
11.5 South and Central America
 11.5.1 Brazil
 11.5.2 Argentina
 11.5.3 Rest of South and Central America
12. Pre and Post Covid-19 Impact
13. Industry Landscape
13.1 Mergers and Acquisitions
13.2 Agreements, Collaborations, Joint Ventures
13.3 New Product Launches
13.4 Expansions and Other Strategic Developments
14. Competitive Landscape
14.1 Heat Map Analysis by Key Players
14.2 Company Positioning and Concentration
15. API Management Market - Key Company Profiles
15.1 IBM Corporation
 15.1.1 Key Facts
 15.1.2 Business Description
 15.1.3 Products and Services
 15.1.4 Financial Overview
 15.1.5 SWOT Analysis
 15.1.6 Key Developments
 Note - Similar information would be provided for below list of companies
 
15.2 Microsoft Corporation
15.3 Oracle Corporation
15.4 Google LLC
15.5 Broadcom
15.6 Software AG
15.7 Postman, Inc
15.8 Akamai Technologies
15.9 SAP SE
15.10 TIBCO Software Inc.
16. Appendix
16.1 Glossary
16.2 About
16.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - API Management Market
- Broadcom Inc.
- Microsoft Corporation
- Oracle Corporation
- Software AG
- IBM Corporation
- Postman, Inc
- TIBCO Software Inc.
- SAP SE
- Red Hat
- Amazon Web Services