API Management Market Worth $16.93 Billion By 2029 - Exclusive Report By Marketsandmarketstm

(MENAFN- PR Newswire) North America's API Management market is expected to grow significantly in the near future as the region demonstrates constant digitalization prevalence of cloud, microservice, and mobile applications. APIs are used in almost all business sectors, such as banking, healthcare, retail, and telecommunication, to support business functions, improve the customer experience, and integrate with third-party service providers. Large vendors such as Google, IBM, Microsoft, and MuleSoft drive this market through integrated API management platforms, including API design, development, security, and monitoring. These companies rely on horizontal and vertical growth to bring up their portfolios and meet customers' needs. The market is also experiencing growth due to the increasing need for more secure and expandable API platforms, which is resulting from increasing security concerns and compliance issues. Moreover, the demands for digital banking, the emergence of fintech solutions, and the influence of IoT devices positively impact the adoption of API management platforms in the region. High maturity and adoption of IT solutions in the North American market, along with several prominent investments in technology infrastructure, makes it an essential region in the API Management Market, especially with considerable US dominance in investments and innovation.

Top Key Companies in API Management Market:

Some of the significant API management vendors include Google (US), IBM (US), AWS (US), Microsoft (US), MuleSoft (US), Axway (France), Software AG (Germany), WSO2 (US), Broadcom (US), and TIBCO Software (US).

Browse Adjacent Markets :
Software and Services Market Research Reports & Consulting

Related Reports:

Project Portfolio Management Market - Global Forecast to 2029

Video Surveillance Storage Market - Global Forecast to 2029

Autonomous Enterprise Market - Global Forecast to 2029

3D Digital Asset Market - Global Forecast to 2029

Embedded Finance Market - Global Forecast to 2029

Get access to the latest updates on
API Management Companies
and
API Management Industry

About MarketsandMarketsTM

MarketsandMarketsTM has been recognized as one of America's best management consulting firms by Forbes , as per their recent report.

MarketsandMarketsTM is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStoreTM (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit TM or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarketsTM INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website:

Logo:

SOURCE MarketsandMarkets

MENAFN26092024003732001241ID1108719368