DUBLIN--(BUSINESS WIRE)--The "Global API Management Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.
The global API management market is driven by several key drivers including growing demand for private and public APIs, rising popularity of web APIs, growing number of mobile device users. The total number of mobile device users in 2015 were approximately 4.43 billion; that increased to 4.61 billion mobile device users in 2016 and is continuing to grow, which is expected to drive healthy growth in the global API management market. Since huge amounts of digital data is consistently growing in amount, produced by the digital devices such as laptops, mobile phones, smartphones, Kindles, etc. And the year-over-year growing number of mobile devices is expected to boost the global API management market growth.
Some of the major growth opportunities for the global API Management market include rising adoption of Internet of Things (IoTs), service-oriented architecture (SOA) and platform as a service (PAAS). However, the growth in global API Management market is restricted by major restraint including security-related issues linked to APIs. The limitation of server availability, performance monitoring and legacy investments in SOA are expected to be some of the key challenges in the growth across the global API Management market over the forecast period 2016-2023.
Geographically, North America is expected to be the dominating region by revenue while Asia Pacific is expected to be the fastest growing region for the global API Management market over the forecast period 2016-2023.
Companies Mentioned
- Akana, Inc.
- Apiary, Inc.
- Axway, Inc.
- Ca Technologies, Inc.
- Cloud Elements, Inc.
- Dell Boomi, Inc.
- Digitalml
- Fiorano Software, Inc.
- Google, Inc.
- Hewlett Packard Enterprises Co.
- IBM Corporation
- Mashape Inc.
- Microsoft Corporation
- Mulesoft, Inc.
- Oracle Corporation
Key Topics Covered:
1. Introduction
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Global Application Programming Interface Management Market By Region
7. Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/knr2q2/global_api
