Api Management Market To Grow By Usd 6.70 Billion Between 2021 - 2026 | Growth Driven By Growing Use Of Digital Payment Solutions - Technavio

• Market Challenge - A lack of a strong and high-quality network challenges the growth of the API management market.
  In order to use software seamlessly, enterprises need to maintain
  a constant Inteconnection around the clock.
  In case
  the software is unable to update real-time transactions, especially in the investment banking sector, it can lead to huge monetary losses for
  enterprises. In December 2021, the average broadband Intespeed in emerging economies
  was 50% slower than the global broadband Intespeed. Hence, such challenges impede the growth of API management during the forecast period.
  Learn about additional key drivers, trends, and challenges available with Technavio. Read Free Sample PDF Report Now

The API management market has been segmented by Deployment (cloud and on-premise) and Geography (North America, APAC, Europe, South America, and Middle East and Africa).

• The
  cloud
  segment will be significant during the forecast period. This type of
  API allows applications to communicate and transfer data to and from the cloud and it
  also integrates
  different cloud and on-premises applications, supporting developers and administrators
  even further in automating API provisioning, activation, setup, monitoring, and troubleshooting. Hence, such factors drive the growth of the cloud segment of the API management market during the forecast period.
• 26%
  of the global market's growth will originate from North America during the forecast period. Factors like increased smartphone penetration and connectivity
  will facilitate the
  application programming interfaces management market
  growth in North America.
  View the Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the API management market:

Akamai Technologies Inc., Alphabet Inc., AmazonInc., Axway Software SA, Boomi LP, International Business Machines Corp., Kong Inc, Microsoft Corp., Oracle Corp., SalesforceInc., SAP SE, Sensedia SA, Software AG, TISoftware Inc., Torry Harris Business Solutions, Workato, WSO2 Inc., BroaInc., Postman Inc.

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Deployment

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers,
Challenges, &
Trends

Company Landscape

Company Analysis

Appendix

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