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WiseGuyRerports.com Presents “Global Full Life Cycle API Management Market Size, Status and Forecast 2019-2025” New Document to its Studies Database
Transportation procedure modifies the inherited formats into the unique consumable formats. Once the code-snippets are properly documented, the model is now ready to enter the next phase. The API control phase deals with the deployment and maintenance of the API. This phase involves several procedures that enhance the security and scalability of API. The control phase includes procedures that manage access to API and enhance the quality of service via SLA’s and rate-limiting. The consumption phase involves publishing, discovering, and invoking the API. Once the product is properly published and invoked, the organization can further apply an effective rate plan policy to generate revenue from the developed API.
Full Life Cycle API Management refers to the term that depicts the requirement to manage all steps that are involved in the development life cycle of an application program interface. Full life cycle API management deals with all the phases of API development starting from creation to the API retirement. Application programming interfaces are proliferating, as they are vital for digital business. The major challenge for organizations is to handle and fulfill the growing demand for modern APIs, by developing the APIs timely and controlling them by maintaining a proper catalogue and enforcing a robust security level. Once the APIs are successfully developed, they are further utilized by the organization itself or consumed by the third-party developer.
The full life cycle API management technique delivers a holistic viewpoint on how to manage the distinct development phases in the lifecycle of an API, starting from its creation to retirement. There are several steps involved in the development of an API. Some of the crucial steps include creating, controlling, and consuming. The creation phase deals with overall API implementation. There are three basic procedures involved in this phase. The modelling step is the most crucial, as it visually/programmatically specifies the data required for API development. In the next step, Orchestration combines and normalize the data gathered from multiple sources.
Amazon Web Services
Red Hat (3scale)
The global full life cycle API management market can be analyzed on the basis of product types, application areas, leading market players, and regional markets.
Major product types-
Different services offered by the full life cycle API management software vendors include training, implementation, consulting, management, and support. API security, API analytics, and API monetization are the major solutions offered by the API lifecycle management.
The full life cycle API management offers a user-friendly interface, enhanced usability. This system can help in reducing operational overhead. It provides an organization with automated development infrastructure and offers convenient maintenance. Such factors are extensively driving the growth of the full life cycle API management market.
North America, Europe, Asia Pacific, Southeast Asia, and Central & South America are the major regions driving the global API lifecycle management market. North America is considered a prominent market for full life cycle API management. The growth of this region is attributed to the constantly rising demand for advanced API across major IT industry verticals. Furthermore, factors like technological advancements, product innovation, availability of competent software developers, and advancement in the IT sector, are expected to strengthen the growth of this regional market. The availability of modern IT infrastructure, and economic and industrial development in the emerging countries, such as India and China, are expected to drive the product demand in the Asia Pacific region.
IBM, a dominant software and services provider, serves to the demands of several prominent IT organizations across the world. The organization has recently launched a new full life cycle API management, known as IBM API Connect. API Connect is developed with a motive to offer extraordinary API lifecycle management services to IBM’s global clients. IBM’s API Connect is an efficient system that addresses the critical phases involved in the API development lifecycle. API connect will assist the IT enterprises in creating, controlling, managing, and deploying advanced and secure APIs.
Table Of Content:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Product
5 Breakdown Data by End User
6 North America
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis