Updated Research Report of Application Programming Interface (API) Market 2020-2026:
Wiseguyreports.Com Adds “Application Programming Interface (API) – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2026” To Its Research Database.
The global API management market stood at $ 1.1 billion in 2018 and is projected to grow at a CAGR of over 22% during 2019-2026 to reach $ 3.6 billion by 2026, on account of the increasing demand for modern application programming interface (API) to connect various applications and devices. A growing need to decode data of enterprises so that it can be used by other sections of the organizations is boosting the growth of the market. Application programming interface (API) management can be defined as the process of publishing, documenting and overseeing application programming interfaces in a reliable and secure environment. The advancement of Internet of Things and big data and a rising demand to manage API traffic is anticipated to propel the global API management market through 2026.
The global API management market can be segmented based on component, deployment mode, organization size and end-user. In terms of component, the market can be bifurcated into solutions and services. API management solutions can be deployed on-premise and cloud. On account of reduced costs with high scalability and flexibility to access solutions, there is a steep increase in the adoption of cloud-based deployment among organizations and the trend is likely to continue in the forthcoming years. Based on the organization size, the global API management market can be classified into small and medium enterprise (SME) and large enterprise. A surging need for streamlining API connections is driving the demand for API management solutions among large enterprises.
Market segment by Type, the product can be split into
Maps & Location
SMS, MMS & RCS
Market segment by Application, split into
Internal Telecom Developer
Long Tail Developer
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Based on regional and country-level analysis, the Application Programming Interface (API) market has been segmented as follows:
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
Rest of Middle East & Africa
In the competitive analysis section of the report, leading as well as prominent players of the global Application Programming Interface (API) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
The key players covered in this study
ZTE Soft Technology
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Major Key Points in Table of Content
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Application Programming Interface (API) Breakdown Data by Type (2015-2026)
5 Application Programming Interface (API) Breakdown Data by Application (2015-2026)
11 Key Players Profiles