API Management Market

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primary Profiles
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Bottom-Up and Top-Down Approaches
           2.3.2 Top-Down Approach
           2.3.3 Bottom-Up Approach
    2.4 Market Forecast
    2.5 Assumptions for the Study
    2.6 Limitations of the Study

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Market Opportunities in the API Management Market
    4.2 Market, By Industry and Country (2018)
    4.3 Market: Major Countries

5 Market Overview and Industry Trends (Page No. - 34)
    5.1 Introduction
    5.2 Evolution
    5.3 Lifecycle of API
    5.4 Types of API
    5.5 Case Study 1: MuleSoft
    5.6 Case Study 2: Red Hat
    5.7 Technology Trends and Standards
           5.7.1 Introduction
           5.7.2 Standards and Guidelines for API Management
                    5.7.2.1 Oauth 2.0
                    5.7.2.2 Odata (Open Data Protocol)
                    5.7.2.3 Distributed Management Task Force (DMTF)
                    5.7.2.4 Telecommunication Industry Association (TIA)
    5.8 Market Dynamics
           5.8.1 Drivers
                    5.8.1.1 Growing Demand for Api-Led Connectivity
                    5.8.1.2 Need for Public and Private Apis to Accelerate Digital Transformation
           5.8.2 Restraints
                    5.8.2.1 API Security and Governance to Restrain the Growth of the Market
           5.8.3 Opportunities
                    5.8.3.1 API Management Solutions Powered With Advanced Analytics Capabilities
                    5.8.3.2 Low-Code Platform for API Development
           5.8.4 Challenges
                    5.8.4.1 Dearth of Skilled Developers Required for Developing and Implementing API Management Solutions

6 API Management Market, By Component (Page No. - 41)
    6.1 Introduction
    6.2 Solution
           6.2.1 API Platform
                    6.2.1.1 the Growing Need Among Organizations to Seamlessly Integrate Systems and Its Components With Apps and Devices is Driving the Demand for API Platform
                    6.2.1.2 API Portal
                    6.2.1.3 API Gateway
                    6.2.1.4 API Administration
                    6.2.1.5 API Monetization
           6.2.2 API Analytics
                    6.2.2.1 The Growing Need Among Organizations to Get Insights on API Usage is Driving the Demand for API Analytics
           6.2.3 Security
                    6.2.3.1 Demand for A Solution to Improve API Security is Driving the Growth of API Security Solutions
    6.3 Services
           6.3.1 Integration and Implementation
                    6.3.1.1 The Growing Need Among Organizations to Improve System Functionalities is Driving the Demand for Integration and Implementation Services
           6.3.2 Consulting
                    6.3.2.1 A Growing Focus of Organizations to Deal With Complexities Involved in Configuring the API is Driving the Growth of Consulting Services
           6.3.3 Support and Maintenance
                    6.3.3.1 Focus on Improving the Performance of Applications is Driving the Growth of API Support and Maintenance Services
           6.3.4 Training and Education
                    6.3.4.1 Need to Educate and Enhance the Skills of Employees is Driving the Growth of Training and Educational Services

7 API Management Market, By Deployment Type (Page No. - 52)
    7.1 Introduction
    7.2 On-Premises
           7.2.1 Security Concern Among Enterprises is the Major Reason to Drive the Adoption of On-Premises API Management Solution
    7.3 Cloud
           7.3.1 Scalability and Cost-Effectiveness are the Major Advantages of Adopting Cloud-Based API Management Solution

8 Market, By Organization Size (Page No. - 56)
    8.1 Introduction
    8.2 Small and Medium Enterprises
           8.2.1 The Need for Cost-Effective API Management Solutions That Offer Great Scalability and Enhance System Performance is Driving the Growth of API Management Solution
    8.3 Large Enterprises
           8.3.1 Increasing Need for Organizations to Streamline API Connections is Driving the Demand for API Management Solutions

9 API Management Market, By Industry (Page No. - 60)
    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
           9.2.1 The Demand of Enterprises to Streamline Their Digital Businesses is Driving the Growth of API Management Solution in the BFSI Vertical
    9.3 IT and Telecom
           9.3.1 A Growing Focus of Organizations to Deliver A Seamless Experience to Consumers is Driving the Growth of API Management Solution in the IT and Telecom Vertical
    9.4 Government
           9.4.1 Increasing Digitalization Among Government Institutions is Driving the Demand for API Management Solution
    9.5 Healthcare and Life Sciences
           9.5.1 Demand for Proactive Services to Enhance the Patient Experience is Driving the Growth of API Management Solution
    9.6 Retail and Consumer Goods
           9.6.1 Increasing Need to Offer Multi-Channel Experiences to Customers is Driving the Growth of API Management Solution
    9.7 Media and Entertainment
           9.7.1 The Growing Need for Organizations to Provide Personalized Contents and Cater to Dynamic Customer Preferences is Driving the Growth of API Management Solution
    9.8 Travel and Transportation
           9.8.1 Need for Application Providing Accurate Information to Take Business Decisions is Driving the Growth of API Management Solution
    9.9 Manufacturing
           9.9.1 The Increasing Need for Real-Time Production Planning and Demand Forecasting is Driving the Growth of API Management Solutions
    9.1 Others

10 Geographic Analysis (Page No. - 71)
     10.1 Introduction
     10.2 North America
             10.2.1 United States
                       10.2.1.1 Data-Driven Methodology for Managing and Increasing the Revenue Stream of the Enterprises Through API Monetization is Driving the Growth of the API Management Market
             10.2.2 Canada
                       10.2.2.1 Efficient Management of Internal and Public Apis is Fueling the Growth of the Market
     10.3 Europe
             10.3.1 Germany
                       10.3.1.1 Developed It Infrastructure is Propelling the Growth of the Market
             10.3.2 United Kingdom
                       10.3.2.1 Need to Meet the Regulatory Compliance in the Country is Expected to Boost the Market Growth
             10.3.3 Rest of Europe
     10.4 Asia Pacific
             10.4.1 Australia and New Zealand
                       10.4.1.1 Need to Expand Business Reach Digitally is Expected to Increase the Adoption of API Management Solution
             10.4.2 Japan
                       10.4.2.1 API Monetization to Create A New Revenue Stream for the Business is Expected to Fuel the Growth of API Management Market
             10.4.3 Rest of Asia Pacific
     10.5 Middle East and Africa
             10.5.1 Kingdom of Saudi Arabia
                       10.5.1.1 Increasing Investment in the Development of Connected Infrastructure is Driving the Growth of the Market
             10.5.2 South Africa
                       10.5.2.1 Faster Time to Market is Expected to Boost the Market
             10.5.3 Rest of Middle East and Africa
     10.6 Latin America
             10.6.1 Brazil
                       10.6.1.1 Growing Digital Transformation in the Country is Expected to Boost the Market Growth
             10.6.2 Mexico
                       10.6.2.1 Need to Enhance Customers Satisfaction in the Country is Expected to Boost the API Management Market Growth
             10.6.3 Rest of Latin America

11 Competitive Landscape (Page No. - 94)
     11.1 Overview
     11.2 Competitive Scenario
             11.2.1 Product/Solution Launches and Enhancements
             11.2.2 Business Expansions
             11.2.3 Acquisitions
             11.2.4 Partnerships, Agreements, and Collaborations
     11.3 Microquadrant Overview
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies

12 Company Profiles (Page No. - 101)
     12.1 Axway
(Business Overview, Products and Solutions Offered, Recent Developments, and MnM View)*
     12.2 CA Technologies
     12.3 Google
     12.4 IBM
     12.5 Microsoft
     12.6 MuleSoft
     12.7 Oracle
     12.8 Red Hat
     12.9 SAP
     12.10 Software AG
     12.11 TIBCO Software
     12.12 Amazon Web Services
     12.13 Dell Boomi
     12.14 Kony
     12.15 Osaango
     12.16 Postman
     12.17 Rogue Wave Software
     12.18 Sensedia
     12.19 Torry Harris Business Solutions
     12.20 Tyk
     12.21 WSOT

*Details on Business Overview, Products and Solutions Offered, Recent Developments, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 132)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details

List of Tables (71 Tables)

Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Factor Analysis
Table 3 API Management Market Size, By Component, 2016–2023 (USD Million)
Table 4 Market Size, By Solution, 2016–2023 (USD Million)
Table 5 Solution: Market Size, By Region, 2016–2023 (USD Million)
Table 6 API Platform: Market Size, By Region, 2016–2023 (USD Million)
Table 7 API Analytics: Market Size, By Region, 2016–2023 (USD Million)
Table 8 Security: Market Size, By Region, 2016–2023 (USD Million)
Table 9 Market Size, By Service, 2016–2023 (USD Million)
Table 10 Services: API Management Market Size, By Region, 2016–2023 (USD Million)
Table 11 Integration and Implementation Market Size, By Region, 2016–2023 (USD Million)
Table 12 Consulting Market Size, By Region, 2016–2023 (USD Million)
Table 13 Support and Maintenance Market Size, By Region, 2016–2023 (USD Million)
Table 14 Training and Education Market Size, By Region, 2016–2023 (USD Million)
Table 15 Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 16 On-Premises: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 18 Market Size, By Organization Size, 2016–2023 (USD Million)
Table 19 Small and Medium Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 20 Large Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Market Size, By Industry, 2016–2023 (USD Million)
Table 22 Banking, Financial Services, and Insurance: API Management Market Size, By Region, 2016–2023 (USD Million)
Table 23 IT and Telecom: Market Size, By Region, 2016–2023 (USD Million)
Table 24 Government: Market Size, By Region, 2016–2023 (USD Million)
Table 25 Healthcare and Life Sciences: Market Size, By Region, 2016–2023 (USD Million)
Table 26 Retail and Consumer Goods: Market Size, By Region, 2016–2023 (USD Million)
Table 27 Media and Entertainment: Market Size, By Region, 2016–2023 (USD Million)
Table 28 Travel and Transportation: Market Size, By Region, 2016–2023 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 2016–2023 (USD Million)
Table 30 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 31 API Management Market Size, By Region, 2016–2023 (USD Million)
Table 32 North America: Market Size, By Component, 2016–2023 (USD Million)
Table 33 North America: Market Size, By Solution, 2016–2023 (USD Million)
Table 34 North America: Market Size, By Service, 2016–2023 (USD Million)
Table 35 North America: Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 36 North America: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 37 North America: Market Size, By Industry, 2016–2023 (USD Million)
Table 38 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: API Management Market Size, By Component, 2016–2023 (USD Million)
Table 40 Europe: Market Size, By Solution, 2016–2023 (USD Million)
Table 41 Europe: Market Size, By Service, 2016–2023 (USD Million)
Table 42 Europe: Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 43 Europe: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 44 Europe: Market Size, By Industry, 2016–2023 (USD Million)
Table 45 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 46 Asia Pacific: API Management Market Size, By Component, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size, By Solution, 2016–2023 (USD Million)
Table 48 Asia Pacific: Market Size, By Service, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 50 Asia Pacific: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 51 Asia Pacific: Market Size, By Industry, 2016–2023 (USD Million)
Table 52 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 53 Middle East and Africa: API Management Market Size, By Component, 2016–2023 (USD Million)
Table 54 Middle East and Africa: Market Size, By Solution, 2016–2023 (USD Million)
Table 55 Middle East and Africa: Market Size, By Service, 2016–2023 (USD Million)
Table 56 Middle East and Africa: Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 57 Middle East and Africa: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 58 Middle East and Africa: Market Size, By Industry, 2016–2023 (USD Million)
Table 59 Middle East and Africa: Market Size, By Country, 2016–2023 (USD Million)
Table 60 Latin America: API Management Market Size, By Component, 2016–2023 (USD Million)
Table 61 Latin America: Market Size, By Solution, 2016–2023 (USD Million)
Table 62 Latin America: Market Size, By Service, 2016–2023 (USD Million)
Table 63 Latin America: Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 64 Latin America: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 65 Latin America: Market Size, By Industry, 2016–2023 (USD Million)
Table 66 Latin America: Market Size, By Country, 2016–2023 (USD Million)
Table 67 Product/Solution Launches and Enhancements, 2018
Table 68 Business Expansions, 2018
Table 69 Acquisitions, 2016-2018
Table 70 Partnerships, Agreements, and Collaborations, 2018
Table 71 Evaluation Criteria
 
 
List of Figures (37 Figures)
 
Figure 1 API Management Market: Research Design
Figure 2 Market: Bottom-Up and Top-Down Approaches
Figure 3 API Platform to Hold the Highest Market Shares in the Market in 2018
Figure 4 North America to Account for the Highest Share in the Market in 2018
Figure 5 Increased Demand for Modern API to Manage Connectivity Between Applications and Devices to Drive the Growth of the Market
Figure 6 BFSI Industry and the US to Account for the Highest Shares in the North American Market in 2018
Figure 7 Australia and New Zealand to Grow at the Highest Rate During the Forecast Period
Figure 8 Evolution of API Management
Figure 9 Stages of API Lifecycle
Figure 10 Drivers, Restraints, Opportunities, and Challenges: API Management Market
Figure 11 Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 12 API Security Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Support and Maintenance Services Segment to Grow at the Highest CAGR During the Forecast Period
Figure 14 Cloud Deployment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 15 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 Retail and Consumer Goods Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 North America is Expected to Hold the Largest Market Share in 2018: Regional Snapshot (2016–2023)
Figure 18 Asia Pacific is Expected to Witness A Significant Growth During the Forecast Period
Figure 19 North America: Market Snapshot
Figure 20 Asia Pacific: Market Snapshot
Figure 21 Key Developments in the Market, 2016–2018
Figure 22 Market Evaluation Framework
Figure 23 API Management Market (Global) Competitive Leadership Mapping, 2018
Figure 24 Axway: Company Snapshot
Figure 25 CA Technologies: Company Snapshot
Figure 26 SWOT Analysis: CA Technologies
Figure 27 Google: Company Snapshot
Figure 28 SWOT Analysis: Google
Figure 29 IBM: Company Snapshot
Figure 30 SWOT Analysis: IBM
Figure 31 Microsoft: Company Snapshot
Figure 32 SWOT Analysis: MuleSoft
Figure 33 Oracle: Company Snapshot
Figure 34 Red Hat: Company Snapshot
Figure 35 SAP: Company Snapshot
Figure 36 Software AG: Company Snapshot
Figure 37 SWOT Analysis: Software AG

The study involved 4 major activities in estimating the current market size for the Application Programming Interface (API) management market. Exhaustive secondary research was done to collect information on the API management market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the market.

Secondary research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva, have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary research

The API management market comprises several stakeholders, such as API management vendors, application development platform providers, cloud solution providers, cloud service brokers, system integrators, consulting service providers, managed service providers, resellers and distributors, research organizations, government agencies, enterprise users, venture capitalists, private equity firms, and startup companies. The demand side of the market consists of enterprises from different industry verticals, such as BFSI, IT and telecom, retail and consumer goods, travel and transportation, government, media and entertainment, healthcare and life sciences, manufacturing, education, and energy and utilities. The supply side includes API management providers, offering API management solutions and services. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of the primary respondents:

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the API management market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
• All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both demand and supply sides.

Report objectives

• To define, describe, and forecast the API management market by component (solutions and services), deployment type, organization size, industry, and region
• To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
• To analyze the market with respect to individual growth trends, prospects, and contributions to the market
• To forecast the market size of the 5 main regional segments, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
• To profile the key players in the market and comprehensively analyze their core competencies in each microsegment
• To analyze the competitive developments, such as agreements, partnerships, alliances, and acquisitions, in the market

Scope Of The API Management Market Research Report

Report Metrics	Details
Market size available for years	2016-2023
Base year considered	2017
Forecast period	2018-2023
Forecast units	Value (USD) and Volume (kT)
Segments covered	Components (Solutions and Services), Deployment Type, Organization Size, Industry, and Region
Geographies covered	North America, Europe, APAC, Latin America, and MEA
Companies covered	It includes 21 major vendors, namely, IBM (US), Google (US), Oracle (US), Red Hat (US), Software AG (Germany), Axway (US), MuleSoft (US), Microsoft (US), SAP SE (Germany), AWS (US), CA Technologies, a Broadcom company (US), TIBCO (US), Kony (US), Rogue Wave Software (US), Sensedia (Brazil), Torry Harris Business Solutions (US), Tyk Technologies (England), WSO2 (US), Osaango (Finland), Dell Boomi (US), and Postman (US).

This research report categorizes the market to forecast revenues and analyze trends in each of the following submarkets:

On the basis of Components, the API management market has been segmented as follows:

• Solutions
• API platform
• API analytics
• API security
• Services
• Integration and implementation
• Consulting
• Support and maintenance
• Training and education

On the basis of Deployment Types, the market has been segmented as follows:

• On-premises
• Cloud

On the basis of Organization size, the API management market has been segmented as follows:

• SMEs
• Large enterprises

On the basis of Industries, the market has been segmented as follows:

• BFSI
• IT and telecom
• Government
• Healthcare and life sciences
• Retail and consumer goods
• Media and entertainment
• Travel and transportation
• Manufacturing
• Others (Education, and energy and utilities)

On the basis of Regions, the API management market has been segmented as follows:

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • Rest of Europe
• APAC
  • Australia and New Zealand (ANZ)
  • Japan
  • Rest of APAC
• MEA
  • Kingdom of Saudi Arabia (KSA)
  • South Africa
  • Rest of MEA
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

• Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

• Further breakup of the European API management market into countries
• Further breakup of the APAC market into countries
• Further breakup of the MEA market into countries
• Further breakup of the Latin American market into countries

Company Information

• Detailed analysis and profiling of additional market players