IoT API Market Gains Prominence Worldwide, States Mind Commerce in Its In-Demand Report Available at MarketPublishers.com07 Feb 2017 • by Natalie Aster
LONDON – The wide usage of application programming interfaces (APIs) provides operational flexibility and scalability, and also enhanced opportunities for the deployment of new applications and services. In the world of Internet of Things (IoT), APIs are set to grow into table stakes for interoperability between devices, platforms and gateways. Furthermore, IoT APIs are poised to turn into a crucial part of leading IoT applications and service developer programmes.
IoT APIs play a particularly vital part in the support of signaling, communications, and data exchange between specific major trustworthy databases encompassing permissions database, identity database and device discovery database. Each of these databases are expected to be accessed using IoT APIs in support of the major functional components of the IoT ecosystem, such as mediation function, required for the scalability of IoT systems and networks in the long run. Additionally, IoT APIs will be at the heart of information interchange in the emerging IoT DaaS sector.
In-demand research study “Internet of Things API Marketplace: IoT API Use Cases, Solutions, Market Outlook and Forecasts 2017 - 2022” created by Mind Commerce offers an all-round analysis of the marketplace on a global scale. It gives unbiased, deep insights into the market challenges and opportunities pertaining to the development and support of IoT APIs. The study contains details about the prominent API management solution providers, key solutions and technologies, IoT protocols and standards necessitating APIs, and various use cases. It examines the role that IoT APIs play in support of IoT key functional components. The research publication contains detailed projections for IoT API revenue on a global level and region-wise, and based on industry verticals from 2017 through to 2022. The factors driving the IoT APIs market are included, too.
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