1. Market Research
  2. > Advanced IT Market Trends
API Management Market by Component, Deployment Type, Organization Size, Vertical and Region - Global Forecast to 2027

API Management Market by Component, Deployment Type, Organization Size, Vertical and Region - Global Forecast to 2027

  • July 2022
  • 206 pages
  • ID: 4796894
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

The API management market size is expected to grow from USD 4.5 billion in 2022 to USD 13.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. The increase in SaaS and hybrid deployments is boosting the growth of API management market.

API security solutions to grow at a higher CAGR during the forecast period
API security is a way of protecting APIs from external or internal cyberattacks.As APIs are very frequently used and enable access to sensitive software functions and data, they are becoming the main target for hackers and attackers.

API security is a core component of modern web application security. Thus, API security solutions support regulatory compliance, and enhanced API security is necessary to develop, deploy, manage, and operate APIs.

Retail & consumer goods industry vertical to hold second largest market share in 2022
APIs are driving every aspect of retail transformation, from improving customer experiences to store operations.API is a critical technology that enables retailers to transform their IT infrastructure and systems.

It has provided retailers access to their remote customers with services, such as online orders, pick-up, order deliveries through delivery partners, and personalized recommendations while shopping online.

Europe to hold a significant market share of API management market in 2022
Europe is expected to hold the second-largest market share of the API management market.The UK, Germany, France, and the rest of Europe are considered to study the API management market.

The increasing competition among organizations and the growing adoption of digital initiatives are compelling organizations to adopt the API technology.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people.

The breakup of the profiles of the primary participants as follows:
• By Company Type: Tier I: 33%, Tier II: 42%, and Tier III: 25%
• By Designation: C-Level: 36%, D-Level: 45%, and Others: 19%
• By Region: North America: 42%, Europe: 35%, APAC: 15%, Row: 8%

The report profiles the following key vendors:
1. Google (US)
2. IBM(US)
3. Amazon Web Services (US)
4. Microsoft (US)
5. MuleSoft (US)
6. Akamai Technologies (US)
7. WSO2(US)
8. Broadcom(US)
9. Axway (France)
10. TIBCO Software (US)
11. Oracle (US)
12. Software AG (Germany)
13. Red Hat (US)
14. SAP (Germany)
15. Torry Harris Business Solutions (US)
16. Sensedia(Brazil)
17. Postman (US)
18. Workato (US)
19. Boomi (US)
20. Kong, Inc. (US)
21. Tray.io (US)

Research Coverage
The report segments the API management market by component(solutions and services), deployment type(on-premises, cloud), organization size (SMEs, large enterprises), vertical, and regions.The component segment includes solutions and services.

Based on solutions, the market is segmented into API platform, API analytics, and API security.Based on services, the market is categorized into integration & implementation, consulting, support & maintenance, and training & education.

Based on deployment type, the market is segmented into on-premises and cloud.The market is segmented based on organization size as SMEs and large enterprises.

Different Vertical using API management solutions include BFSI, IT & telecom, retail & consumer goods, travel & transportation, government, media & entertainment, healthcare & life sciences, manufacturing and other industry verticals.
The geographic analysis of the API management market is spread across five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in the API management market with information on the closest approximations of the revenue numbers for the overall API management market and the subsegments.The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Digital Transformation Market by Component, Technology, Deployment Mode, Organization Size, Business Function, Vertical and Region - Global Forecast to 2027

  • $ 4950
  • August 2022
  • 323 pages

The global digital transformation market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period, to reach USD 1,548.9 Billion by 2027 from USD 594.5 Billion ...

  • World
  • North America
  • Advanced IT
  • Industry analysis
  • Cloud Services Penetration
  • Internet Penetration


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on