[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

API Management Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), End User (IT & Telecom, BFSI, Healthcare, Government, Manufacturing, and Others), and Geography

June 2024 | 184 pages | ID: A700E0C65336EN
The Insight Partners

US$ 5,190.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The API Management market size is estimated to grow from US$ 4.29 billion in 2023 to US$ 35.40 billion by 2031; it is projected to grow at a CAGR of 30.2% from 2023 to 2031.

The API Management market in Europe is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Businesses across Europe are under pressure to adapt to digital engagement models and digital sales models in their customer and front-end approaches. Increasing revenue generation with additional currency streams is essential for European organizations and is the primary source of investment in API programs. Also, beyond new sources of revenue and new prospective markets, organizations invest in APIs to drive operational enhancements, including improved integration between disparate business operations, enhanced speed of business execution, and improved ability to innovate at product and business model levels. For many organizations in Europe, APIs are a key tool to support business integration, such as the integration of disparate business units, functions, and geographies.

Moreover, the landscape of open banking is rapidly evolving, fueled in no small part by the EU's Revised Payment Services Directive (PSD2) aimed at enhancing authentication and regulating third-party access to financial data. PSD2 has positively impacted the industry, helping usher in a new generation of standards, such as open banking. Europe has its API standards facilitated by the Financial Data Exchange organization.

The telecom industry in the UK is growing, and various companies are taking several initiatives to increase the deployment of cell towers. In September 2023, UK mobile operator EE, a part of the BT Group, deployed 5G connectivity at 18 stations on the London Underground. Central line customers at Oxford Circus and Tottenham Court Road stations can benefit from access to the EE's 5G network, with coverage available on the Central line platforms, within the ticket halls, and within the tunnel between the two stations. The telecom business model depends on secure and smooth connections across networks, connecting one telecom provider to another-nationally and internationally-and cross-charging for such calls between the providers. All such business practices have been supported through common processes vocabulary, called APIs. Thus, the growing telecom industry across the UK bolsters the UK API management market growth.

Based on end user, the market is bifurcated into IT & Telecom, BFSI, Healthcare, Government, Manufacturing, and Others. The IT and telecom segment held the largest share of the API management market in 2023. API management tool empowers IT and Telecom companies to enhance customer experiences, drive innovation, and unlock new revenue streams. It helps maintain smooth communication among different systems and applications, enabling seamless integration and data exchange. By providing standardized interfaces, it simplifies the process of connecting various software components, both internally and externally. This enables companies to leverage the power of diverse ecosystems, collaborate with partners, and deliver integrated solutions to customers. It leads to improved efficiency, reduced operational costs, and accelerated time-to-market.

IBM Corporation, Microsoft Corporation, Oracle Corporation, Google LLC., Broadcom, Software AG, Akamai Technologies, SAP SE, Postman, Inc., and Amazon Web Services Inc. are among the major players operating in the API management market. Many other companies are operating in the market and contributing substantial revenues to propel the API management market growth.

The overall API Management market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the API Management market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes 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.

1. INTRODUCTION

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. EXECUTIVE SUMMARY

2.1 Key Insights
2.2 Market Attractiveness

3. RESEARCH METHODOLOGY

3.1 Secondary Research
3.2 Primary Research
  3.2.1 Hypothesis formulation:
  3.2.2 Macro-economic factor analysis:
  3.2.3 Developing base number:
  3.2.4 Data Triangulation:
  3.2.5 Country level data:

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 API Management Market – Key Market Dynamics
5.2 Market Drivers
  5.2.1 Increasing Adoption of API Management Across Industries
  5.2.2 Growing Focus on Data-Driven Decision Making
  5.2.3 Rising Digital Transformation
5.3 Market Restraints
  5.3.1 Complexity of API
5.4 Market Opportunities
  5.4.1 Integration of API with Artificial Intelligence (AI)
5.5 Future Trends
  5.5.1 Multi-Cloud API Management
5.6 Impact of Drivers and Restraints:

6. API MANAGEMENT MARKET – GLOBAL MARKET ANALYSIS

6.1 API Management Market Revenue (US$ Million), 2021–2031
6.2 API Management Market Forecast Analysis

7. API MANAGEMENT MARKET ANALYSIS – BY COMPONENT

7.1 Solutions
  7.1.1 Overview
  7.1.2 Solutions: API Management Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Services
  7.2.1 Overview
  7.2.2 Services: API Management Market – Revenue and Forecast to 2031 (US$ Million)

8. API MANAGEMENT MARKET ANALYSIS – BY DEPLOYMENT

8.1 Cloud
  8.1.1 Overview
  8.1.2 Cloud: API Management Market – Revenue and Forecast to 2031 (US$ Million)
8.2 On-premises
  8.2.1 Overview
  8.2.2 On-premises: API Management Market – Revenue and Forecast to 2031 (US$ Million)

9. API MANAGEMENT MARKET ANALYSIS – BY ORGANIZATION SIZE

9.1 Large Enterprises
  9.1.1 Overview
  9.1.2 Large Enterprises: API Management Market – Revenue and Forecast to 2031 (US$ Million)
9.2 SMEs
  9.2.1 Overview
  9.2.2 SMEs: API Management Market – Revenue and Forecast to 2031 (US$ Million)

10. API MANAGEMENT MARKET ANALYSIS – BY END USER

10.1 IT and Telecom
  10.1.1 Overview
  10.1.2 IT and Telecom: API Management Market – Revenue and Forecast to 2031 (US$ Million)
10.2 BFSI
  10.2.1 Overview
  10.2.2 BFSI: API Management Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Healthcare
  10.3.1 Overview
  10.3.2 Healthcare: API Management Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Government
  10.4.1 Overview
  10.4.2 Government: API Management Market – Revenue and Forecast to 2031 (US$ Million)
10.5 Manufacturing
  10.5.1 Overview
  10.5.2 Manufacturing: API Management Market – Revenue and Forecast to 2031 (US$ Million)
10.6 Others
  10.6.1 Overview
  10.6.2 Others: API Management Market – Revenue and Forecast to 2031 (US$ Million)

11. API MANAGEMENT MARKET – GEOGRAPHICAL ANALYSIS

11.1 Overview
11.2 North America
  11.2.1 North America API Management Market Overview
  11.2.2 North America: API Management Market – Revenue and Forecast to 2031 (US$ Million)
  11.2.3 North America: API Management Market Breakdown, by Component
    11.2.3.1 North America: API Management Market – Revenue and Forecast Analysis – by Component
  11.2.4 North America: API Management Market Breakdown, by Deployment
    11.2.4.1 North America: API Management Market – Revenue and Forecast Analysis – by Deployment
  11.2.5 North America: API Management Market Breakdown, by Organization Size
    11.2.5.1 North America: API Management Market – Revenue and Forecast Analysis – by Organization Size
  11.2.6 North America: API Management Market Breakdown, by End User
    11.2.6.1 North America: API Management Market – Revenue and Forecast Analysis – by End User
  11.2.7 North America: API Management Market – Revenue and Forecast Analysis – by Country
    11.2.7.1 North America: API Management Market – Revenue and Forecast Analysis – by Country
    11.2.7.2 United States: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.2.7.2.1 United States: API Management Market Breakdown, by Component
      11.2.7.2.2 United States: API Management Market Breakdown, by Deployment
      11.2.7.2.3 United States: API Management Market Breakdown, by Organization Size
      11.2.7.2.4 United States: API Management Market Breakdown, by End User
    11.2.7.3 Canada: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.2.7.3.1 Canada: API Management Market Breakdown, by Component
      11.2.7.3.2 Canada: API Management Market Breakdown, by Deployment
      11.2.7.3.3 Canada: API Management Market Breakdown, by Organization Size
      11.2.7.3.4 Canada: API Management Market Breakdown, by End User
    11.2.7.4 Mexico: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.2.7.4.1 Mexico: API Management Market Breakdown, by Component
      11.2.7.4.2 Mexico: API Management Market Breakdown, by Deployment
      11.2.7.4.3 Mexico: API Management Market Breakdown, by Organization Size
      11.2.7.4.4 Mexico: API Management Market Breakdown, by End User
11.3 Europe
  11.3.1 Europe API Management Market Overview
  11.3.2 Europe: API Management Market – Revenue and Forecast to 2031 (US$ Million)
  11.3.3 Europe: API Management Market Breakdown, by Component
    11.3.3.1 Europe: API Management Market – Revenue and Forecast Analysis – by Component
  11.3.4 Europe: API Management Market Breakdown, by Deployment
    11.3.4.1 Europe: API Management Market – Revenue and Forecast Analysis – by Deployment
  11.3.5 Europe: API Management Market Breakdown, by Organization Size
    11.3.5.1 Europe: API Management Market – Revenue and Forecast Analysis – by Organization Size
  11.3.6 Europe: API Management Market Breakdown, by End User
    11.3.6.1 Europe: API Management Market – Revenue and Forecast Analysis – by End User
  11.3.7 Europe: API Management Market – Revenue and Forecast Analysis – by Country
    11.3.7.1 Europe: API Management Market – Revenue and Forecast Analysis – by Country
    11.3.7.2 United Kingdom: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.2.1 United Kingdom: API Management Market Breakdown, by Component
      11.3.7.2.2 United Kingdom: API Management Market Breakdown, by Deployment
      11.3.7.2.3 United Kingdom: API Management Market Breakdown, by Organization Size
      11.3.7.2.4 United Kingdom: API Management Market Breakdown, by End User
    11.3.7.3 Germany: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.3.1 Germany: API Management Market Breakdown, by Component
      11.3.7.3.2 Germany: API Management Market Breakdown, by Deployment
      11.3.7.3.3 Germany: API Management Market Breakdown, by Organization Size
      11.3.7.3.4 Germany: API Management Market Breakdown, by End User
    11.3.7.4 France: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.4.1 France: API Management Market Breakdown, by Component
      11.3.7.4.2 France: API Management Market Breakdown, by Deployment
      11.3.7.4.3 France: API Management Market Breakdown, by Organization Size
      11.3.7.4.4 France: API Management Market Breakdown, by End User
    11.3.7.5 Russia: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.5.1 Russia: API Management Market Breakdown, by Component
      11.3.7.5.2 Russia: API Management Market Breakdown, by Deployment
      11.3.7.5.3 Russia: API Management Market Breakdown, by Organization Size
      11.3.7.5.4 Russia: API Management Market Breakdown, by End User
    11.3.7.6 Italy: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.6.1 Italy: API Management Market Breakdown, by Component
      11.3.7.6.2 Italy: API Management Market Breakdown, by Deployment
      11.3.7.6.3 Italy: API Management Market Breakdown, by Organization Size
      11.3.7.6.4 Italy: API Management Market Breakdown, by End User
    11.3.7.7 Rest of Europe: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.3.7.7.1 Rest of Europe: API Management Market Breakdown, by Component
      11.3.7.7.2 Rest of Europe: API Management Market Breakdown, by Deployment
      11.3.7.7.3 Rest of Europe: API Management Market Breakdown, by Organization Size
      11.3.7.7.4 Rest of Europe: API Management Market Breakdown, by End User
11.4 Asia Pacific
  11.4.1 Asia Pacific API Management Market Overview
  11.4.2 Asia Pacific: API Management Market – Revenue and Forecast to 2031 (US$ Million)
  11.4.3 Asia Pacific: API Management Market Breakdown, by Component
    11.4.3.1 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by Component
  11.4.4 Asia Pacific: API Management Market Breakdown, by Deployment
    11.4.4.1 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by Deployment
  11.4.5 Asia Pacific: API Management Market Breakdown, by Organization Size
    11.4.5.1 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by Organization Size
  11.4.6 Asia Pacific: API Management Market Breakdown, by End User
    11.4.6.1 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by End User
  11.4.7 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by Country
    11.4.7.1 Asia Pacific: API Management Market – Revenue and Forecast Analysis – by Country
    11.4.7.2 China: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.2.1 China: API Management Market Breakdown, by Component
      11.4.7.2.2 China: API Management Market Breakdown, by Deployment
      11.4.7.2.3 China: API Management Market Breakdown, by Organization Size
      11.4.7.2.4 China: API Management Market Breakdown, by End User
    11.4.7.3 Japan: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.3.1 Japan: API Management Market Breakdown, by Component
      11.4.7.3.2 Japan: API Management Market Breakdown, by Deployment
      11.4.7.3.3 Japan: API Management Market Breakdown, by Organization Size
      11.4.7.3.4 Japan: API Management Market Breakdown, by End User
    11.4.7.4 India: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.4.1 India: API Management Market Breakdown, by Component
      11.4.7.4.2 India: API Management Market Breakdown, by Deployment
      11.4.7.4.3 India: API Management Market Breakdown, by Organization Size
      11.4.7.4.4 India: API Management Market Breakdown, by End User
    11.4.7.5 South Korea: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.5.1 South Korea: API Management Market Breakdown, by Component
      11.4.7.5.2 South Korea: API Management Market Breakdown, by Deployment
      11.4.7.5.3 South Korea: API Management Market Breakdown, by Organization Size
      11.4.7.5.4 South Korea: API Management Market Breakdown, by End User
    11.4.7.6 Australia: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.6.1 Australia: API Management Market Breakdown, by Component
      11.4.7.6.2 Australia: API Management Market Breakdown, by Deployment
      11.4.7.6.3 Australia: API Management Market Breakdown, by Organization Size
      11.4.7.6.4 Australia: API Management Market Breakdown, by End User
    11.4.7.7 Rest of APAC: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.4.7.7.1 Rest of APAC: API Management Market Breakdown, by Component
      11.4.7.7.2 Rest of APAC: API Management Market Breakdown, by Deployment
      11.4.7.7.3 Rest of APAC: API Management Market Breakdown, by Organization Size
      11.4.7.7.4 Rest of APAC: API Management Market Breakdown, by End User
11.5 Middle East and Africa
  11.5.1 Middle East and Africa API Management Market Overview
  11.5.2 Middle East and Africa: API Management Market – Revenue and Forecast to 2031 (US$ Million)
  11.5.3 Middle East and Africa: API Management Market Breakdown, by Component
    11.5.3.1 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by Component
  11.5.4 Middle East and Africa: API Management Market Breakdown, by Deployment
    11.5.4.1 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by Deployment
  11.5.5 Middle East and Africa: API Management Market Breakdown, by Organization Size
    11.5.5.1 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by Organization Size
  11.5.6 Middle East and Africa: API Management Market Breakdown, by End User
    11.5.6.1 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by End User
  11.5.7 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by Country
    11.5.7.1 Middle East and Africa: API Management Market – Revenue and Forecast Analysis – by Country
    11.5.7.2 United Arab Emirates: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.5.7.2.1 United Arab Emirates: API Management Market Breakdown, by Component
      11.5.7.2.2 United Arab Emirates: API Management Market Breakdown, by Deployment
      11.5.7.2.3 United Arab Emirates: API Management Market Breakdown, by Organization Size
      11.5.7.2.4 United Arab Emirates: API Management Market Breakdown, by End User
    11.5.7.3 Saudi Arabia: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.5.7.3.1 Saudi Arabia: API Management Market Breakdown, by Component
      11.5.7.3.2 Saudi Arabia: API Management Market Breakdown, by Deployment
      11.5.7.3.3 Saudi Arabia: API Management Market Breakdown, by Organization Size
      11.5.7.3.4 Saudi Arabia: API Management Market Breakdown, by End User
    11.5.7.4 South Africa: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.5.7.4.1 South Africa: API Management Market Breakdown, by Component
      11.5.7.4.2 South Africa: API Management Market Breakdown, by Deployment
      11.5.7.4.3 South Africa: API Management Market Breakdown, by Organization Size
      11.5.7.4.4 South Africa: API Management Market Breakdown, by End User
    11.5.7.5 Rest of Middle East and Africa: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.5.7.5.1 Rest of Middle East and Africa: API Management Market Breakdown, by Component
      11.5.7.5.2 Rest of Middle East and Africa: API Management Market Breakdown, by Deployment
      11.5.7.5.3 Rest of Middle East and Africa: API Management Market Breakdown, by Organization Size
      11.5.7.5.4 Rest of Middle East and Africa: API Management Market Breakdown, by End User
11.6 South and Central America
  11.6.1 South and Central America API Management Market Overview
  11.6.2 South and Central America: API Management Market – Revenue and Forecast to 2031 (US$ Million)
  11.6.3 South and Central America: API Management Market Breakdown, by Component
    11.6.3.1 South and Central America: API Management Market – Revenue and Forecast Analysis – by Component
  11.6.4 South and Central America: API Management Market Breakdown, by Deployment
    11.6.4.1 South and Central America: API Management Market – Revenue and Forecast Analysis – by Deployment
  11.6.5 South and Central America: API Management Market Breakdown, by Organization Size
    11.6.5.1 South and Central America: API Management Market – Revenue and Forecast Analysis – by Organization Size
  11.6.6 South and Central America: API Management Market Breakdown, by End User
    11.6.6.1 South and Central America: API Management Market – Revenue and Forecast Analysis – by End User
  11.6.7 South and Central America: API Management Market – Revenue and Forecast Analysis – by Country
    11.6.7.1 South and Central America: API Management Market – Revenue and Forecast Analysis – by Country
    11.6.7.2 Brazil: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.6.7.2.1 Brazil: API Management Market Breakdown, by Component
      11.6.7.2.2 Brazil: API Management Market Breakdown, by Deployment
      11.6.7.2.3 Brazil: API Management Market Breakdown, by Organization Size
      11.6.7.2.4 Brazil: API Management Market Breakdown, by End User
    11.6.7.3 Argentina: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.6.7.3.1 Argentina: API Management Market Breakdown, by Component
      11.6.7.3.2 Argentina: API Management Market Breakdown, by Deployment
      11.6.7.3.3 Argentina: API Management Market Breakdown, by Organization Size
      11.6.7.3.4 Argentina: API Management Market Breakdown, by End User
    11.6.7.4 Rest of South and Central America: API Management Market – Revenue and Forecast to 2031 (US$ Million)
      11.6.7.4.1 Rest of South and Central America: API Management Market Breakdown, by Component
      11.6.7.4.2 Rest of South and Central America: API Management Market Breakdown, by Deployment
      11.6.7.4.3 Rest of South and Central America: API Management Market Breakdown, by Organization Size
      11.6.7.4.4 Rest of South and Central America: API Management Market Breakdown, by End User

12. COMPETITIVE LANDSCAPE

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. INDUSTRY LANDSCAPE

13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers and Acquisitions
13.5 Partnerships and Collaboration

14. COMPANY PROFILES

14.1 International Business Machines Corp
  14.1.1 Key Facts
  14.1.2 Business Description
  14.1.3 Products and Services
  14.1.4 Financial Overview
  14.1.5 SWOT Analysis
  14.1.6 Key Developments
14.2 Microsoft Corp
  14.2.1 Key Facts
  14.2.2 Business Description
  14.2.3 Products and Services
  14.2.4 Financial Overview
  14.2.5 SWOT Analysis
  14.2.6 Key Developments
14.3 Oracle Corp
  14.3.1 Key Facts
  14.3.2 Business Description
  14.3.3 Products and Services
  14.3.4 Financial Overview
  14.3.5 SWOT Analysis
  14.3.6 Key Developments
14.4 Google LLC
  14.4.1 Key Facts
  14.4.2 Business Description
  14.4.3 Products and Services
  14.4.4 Financial Overview
  14.4.5 SWOT Analysis
  14.4.6 Key Developments
14.5 Broadcom Inc
  14.5.1 Key Facts
  14.5.2 Business Description
  14.5.3 Products and Services
  14.5.4 Financial Overview
  14.5.5 SWOT Analysis
  14.5.6 Key Developments
14.6 Software AG
  14.6.1 Key Facts
  14.6.2 Business Description
  14.6.3 Products and Services
  14.6.4 Financial Overview
  14.6.5 SWOT Analysis
  14.6.6 Key Developments
14.7 Akamai Technologies Inc
  14.7.1 Key Facts
  14.7.2 Business Description
  14.7.3 Products and Services
  14.7.4 Financial Overview
  14.7.5 SWOT Analysis
  14.7.6 Key Developments
14.8 SAP SE
  14.8.1 Key Facts
  14.8.2 Business Description
  14.8.3 Products and Services
  14.8.4 Financial Overview
  14.8.5 SWOT Analysis
  14.8.6 Key Developments
14.9 Amazon Web Services Inc
  14.9.1 Key Facts
  14.9.2 Business Description
  14.9.3 Products and Services
  14.9.4 Financial Overview
  14.9.5 SWOT Analysis
  14.9.6 Key Developments
14.10 Postman, Inc
  14.10.1 Key Facts
  14.10.2 Business Description
  14.10.3 Financial Overview
  14.10.4 SWOT Analysis
  14.10.5 Key Developments

15. APPENDIX

15.1 About The Insight Partners


More Publications