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Global Application Programming Interface (API) Security Market Size study & Forecast, by Offering (Platform & Solutions, Services), by Deployment Mode (On-Premises, Cloud, Hybrid), by Organization Size (SMEs, Large Enterprise), by Vertical (BFSI, IT & ITS, Telecom, Government, Manufacturing, Other Verticals) and Regional Analysis, 2023-2030

August 2023 | 200 pages | ID: G09BCB7729D9EN
Bizwit Research & Consulting LLP

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Global Application Programming Interface (API) Security Market is valued at approximately USD 561.5 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 32.5% over the forecast period 2023-2030. API security refers to the set of practices, technologies, and measures implemented to protect application programming interfaces (APIs) from unauthorized access, data breaches, and malicious activities. It involves ensuring the integrity, confidentiality, and availability of data exchanged through APIs, as well as preventing API-specific attacks such as injection, spoofing, and unauthorized API access. API security encompasses authentication, authorization, encryption, rate limiting, threat monitoring, and adherence to industry best practices to safeguard the API ecosystem and maintain trust among API consumers and providers. The driving factors boosting the market growth are the increasing adoption of cloud computing and growing cybersecurity concerns.

According to Statista, the global cloud applications market was valued at USD 133.6 billion in 2021 and is projected to reach USD 168.6 billion by 2025. The market for cloud applications software is expected to grow at a CAGR of 4.8 percent. Moreover, increasing adoption of APIs and advancements in API security solutions may create abundant opportunities in the market. However, the rapidly evolving threat landscape and lack of awareness and understanding of Application Programming Interface (API) Security stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Application Programming Interface (API) Security Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 because of the well-developed cybersecurity industry, high level of awareness about the importance of cybersecurity and significant investments in the industry. However, Asia Pacific is expected to become the fastest growing region during the forecast period, owing to factors such as increasing digitalization, growing cybersecurity concerns, and rapid adoption of cloud computing and Software-as-a-Service (SaaS) solutions.

Major market player included in this report are:
Okta, Inc.
Akamai Technologies, Inc.
International Business Machines Corporation
Imperva, Inc.
Ping Identity Holding Corp.
MuleSoft, LLC
Google LLC
Amazon Web Services, Inc.
Broadcom Inc.
Axway Inc.

Recent Developments in the Market:
In April 2023, Noname Security, a prominent API security company, announced a strategic partnership with MindPoint Group, a trusted cybersecurity consulting firm. The partnership aims to provide organizations with comprehensive cybersecurity solutions, helping them identify and address threats, enhance security measures, automate controls, and manage risk effectively.
In June 2022, Google launched Apigee Advanced API security, a powerful solution that helps customers meet their growing API security needs. This offering from Google provides robust capabilities to enhance API security, assisting organizations in safeguarding their APIs against evolving threats and vulnerabilities.

Global Application Programming Interface (API) Security Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Offering, Deployment Mode, Organization Size, Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:
Platform & Solutions
Services

By Deployment Mode:
On-Premises
Cloud
Hybrid

By Organization Size:
SMEs
Large Enterprise

By Vertical:
BFSI
IT & ITS
Telecom
Government
Manufacturing
Healthcare
Retail & E-Commerce
Media & Entertainment
Energy & Utilities
Other Verticals

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
  1.2.1. Application Programming Interface (API) Security Market, by Region, 2020-2030 (USD Million)
  1.2.2. Application Programming Interface (API) Security Market, by Offering, 2020-2030 (USD Million)
  1.2.3. Application Programming Interface (API) Security Market, by Deployment Mode, 2020-2030 (USD Million)
  1.2.4. Application Programming Interface (API) Security Market, by Organization Size, 2020-2030 (USD Million)
  1.2.5. Application Programming Interface (API) Security Market, by Vertical, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET DYNAMICS

3.1. Application Programming Interface (API) Security Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing adoption of cloud computing
    3.1.1.2. Growing cybersecurity concerns
  3.1.2. Market Challenges
    3.1.2.1. Rapidly evolving threat landscape
    3.1.2.2. Lack of awareness and understanding
  3.1.3. Market Opportunities
    3.1.3.1. Increasing adoption of APIs
    3.1.3.2. Advancements in API Security solutions

CHAPTER 4. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET, BY OFFERING

5.1. Market Snapshot
5.2. Global Application Programming Interface (API) Security Market by Offering, Performance - Potential Analysis
5.3. Global Application Programming Interface (API) Security Market Estimates & Forecasts by Offering 2020-2030 (USD Million)
5.4. Application Programming Interface (API) Security Market, Sub Segment Analysis
  5.4.1. Platform & Solutions
  5.4.2. Services

CHAPTER 6. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET, BY DEPLOYMENT MODE

6.1. Market Snapshot
6.2. Global Application Programming Interface (API) Security Market by Deployment Mode, Performance - Potential Analysis
6.3. Global Application Programming Interface (API) Security Market Estimates & Forecasts by Deployment Mode 2020-2030 (USD Million)
6.4. Application Programming Interface (API) Security Market, Sub Segment Analysis
  6.4.1. On-Premises
  6.4.2. Cloud
  6.4.3. Hybrid

CHAPTER 7. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET, BY ORGANIZATION SIZE

7.1. Market Snapshot
7.2. Global Application Programming Interface (API) Security Market by Organization Size, Performance - Potential Analysis
7.3. Global Application Programming Interface (API) Security Market Estimates & Forecasts by Organization Size 2020-2030 (USD Million)
7.4. Application Programming Interface (API) Security Market, Sub Segment Analysis
  7.4.1. SMEs
  7.4.2. Large Enterprise

CHAPTER 8. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET, BY VERTICAL

8.1. Market Snapshot
8.2. Global Application Programming Interface (API) Security Market by Vertical, Performance - Potential Analysis
8.3. Global Application Programming Interface (API) Security Market Estimates & Forecasts by Vertical 2020-2030 (USD Million)
8.4. Application Programming Interface (API) Security Market, Sub Segment Analysis
  8.4.1. BFSI
  8.4.2. IT & ITS
  8.4.3. Telecom
  8.4.4. Government
  8.4.5. Manufacturing
  8.4.6. Healthcare
  8.4.7. Retail & E-Commerce
  8.4.8. Media & Entertainment
  8.4.9. Energy & Utilities
  8.4.10. Other Verticals

CHAPTER 9. GLOBAL APPLICATION PROGRAMMING INTERFACE (API) SECURITY MARKET, REGIONAL ANALYSIS

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Application Programming Interface (API) Security Market, Regional Market Snapshot
9.4. North America Application Programming Interface (API) Security Market
  9.4.1. U.S. Application Programming Interface (API) Security Market
    9.4.1.1. Offering breakdown estimates & forecasts, 2020-2030
    9.4.1.2. Deployment Mode breakdown estimates & forecasts, 2020-2030
    9.4.1.3. Organization Size breakdown estimates & forecasts, 2020-2030
    9.4.1.4. Vertical breakdown estimates & forecasts, 2020-2030
  9.4.2. Canada Application Programming Interface (API) Security Market
9.5. Europe Application Programming Interface (API) Security Market Snapshot
  9.5.1. U.K. Application Programming Interface (API) Security Market
  9.5.2. Germany Application Programming Interface (API) Security Market
  9.5.3. France Application Programming Interface (API) Security Market
  9.5.4. Spain Application Programming Interface (API) Security Market
  9.5.5. Italy Application Programming Interface (API) Security Market
  9.5.6. Rest of Europe Application Programming Interface (API) Security Market
9.6. Asia-Pacific Application Programming Interface (API) Security Market Snapshot
  9.6.1. China Application Programming Interface (API) Security Market
  9.6.2. India Application Programming Interface (API) Security Market
  9.6.3. Japan Application Programming Interface (API) Security Market
  9.6.4. Australia Application Programming Interface (API) Security Market
  9.6.5. South Korea Application Programming Interface (API) Security Market
  9.6.6. Rest of Asia Pacific Application Programming Interface (API) Security Market
9.7. Latin America Application Programming Interface (API) Security Market Snapshot
  9.7.1. Brazil Application Programming Interface (API) Security Market
  9.7.2. Mexico Application Programming Interface (API) Security Market
9.8. Middle East & Africa Application Programming Interface (API) Security Market
  9.8.1. Saudi Arabia Application Programming Interface (API) Security Market
  9.8.2. South Africa Application Programming Interface (API) Security Market
  9.8.3. Rest of Middle East & Africa Application Programming Interface (API) Security Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Okta, Inc.
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Recent Developments
  10.3.2. Akamai Technologies, Inc.
  10.3.3. International Business Machines Corporation
  10.3.4. Imperva, Inc.
  10.3.5. Ping Identity Holding Corp.
  10.3.6. MuleSoft, LLC
  10.3.7. Google LLC
  10.3.8. Amazon Web Services, Inc.
  10.3.9. Broadcom Inc.
  10.3.10. Axway Inc.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
12. List ofTables
TABLE 1. Global Application Programming Interface (API) Security Market, report scope
TABLE 2. Global Application Programming Interface (API) Security Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Application Programming Interface (API) Security Market estimates & forecasts by Offering 2020-2030 (USD Million)
TABLE 4. Global Application Programming Interface (API) Security Market estimates & forecasts by Deployment Mode 2020-2030 (USD Million)
TABLE 5. Global Application Programming Interface (API) Security Market estimates & forecasts by Organization Size 2020-2030 (USD Million)
TABLE 6. Global Application Programming Interface (API) Security Market estimates & forecasts by Vertical 2020-2030 (USD Million)
TABLE 7. Global Application Programming Interface (API) Security Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Application Programming Interface (API) Security Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Application Programming Interface (API) Security Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Application Programming Interface (API) Security Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Application Programming Interface (API) Security Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Application Programming Interface (API) Security Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Application Programming Interface (API) Security Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Application Programming Interface (API) Security Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Application Programming Interface (API) Security Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. Global Application Programming Interface (API) Security Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 18. U.S. Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. U.S. Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 21. Canada Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. Canada Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 24. UK Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. UK Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 27. Germany Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. Germany Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 30. France Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. France Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 33. Italy Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Italy Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 36. Spain Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. Spain Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 39. RoE Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. RoE Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 42. China Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. China Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 45. India Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. India Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 48. Japan Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. Japan Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 51. South Korea Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. South Korea Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 54. Australia Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. Australia Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 57. RoAPAC Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. RoAPAC Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 60. Brazil Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Brazil Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 63. Mexico Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. Mexico Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 66. RoLA Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. RoLA Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. Saudi Arabia Application Programming Interface (API) Security Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 69. South Africa Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. RoMEA Application Programming Interface (API) Security Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71. 12. List ofsecondary sources, used in the study of global Application Programming Interface (API) Security Market
TABLE 72. 12. List ofprimary sources, used in the study of global Application Programming Interface (API) Security Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
12. List oftables and figures and dummy in nature, final lists may vary in the final deliverable
12. List offigures
FIG 1. Global Application Programming Interface (API) Security Market, research methodology
FIG 2. Global Application Programming Interface (API) Security Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Application Programming Interface (API) Security Market, key trends 2022
FIG 5. Global Application Programming Interface (API) Security Market, growth prospects 2023-2030
FIG 6. Global Application Programming Interface (API) Security Market, porters 5 force model
FIG 7. Global Application Programming Interface (API) Security Market, pest analysis
FIG 8. Global Application Programming Interface (API) Security Market, value chain analysis
FIG 9. Global Application Programming Interface (API) Security Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Application Programming Interface (API) Security Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Application Programming Interface (API) Security Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Application Programming Interface (API) Security Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Application Programming Interface (API) Security Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Application Programming Interface (API) Security Market, regional snapshot 2020 & 2030
FIG 15. North America Application Programming Interface (API) Security Market 2020 & 2030 (USD Million)
FIG 16. Europe Application Programming Interface (API) Security Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Application Programming Interface (API) Security Market 2020 & 2030 (USD Million)
FIG 18. Latin America Application Programming Interface (API) Security Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Application Programming Interface (API) Security Market 2020 & 2030 (USD Million)
12. List oftables and figures and dummy in nature, final lists may vary in the final deliverable


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