Market Research Report
Global API Management Market Research and Forecast, 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||801109|
Delivery time: 2-3 business days
|Global API Management Market Research and Forecast, 2019-2025|
|Published: February 18, 2019||Content info:||
Global API Management Market Size, Share & Trends Analysis Report by Solutions (API Portal, Security, Monetization, API Gateway, and API Analytics), by Deployment (Cloud-Based and On-Premise) and Forecast, 2019-2025
Application Programming Interfaces (APIs) are sets of tools, and protocols used to develop software applications, considered as the intermediate of communication code and software programs and enable to monitor data of various applications. There are huge investments in API, which helps systems for data sharing and interoperability. The APIs develop an interface between connected devices and the Internet, which enables to enhance data and application functionality. API management is expanding its capabilities in various sectors; Google provides Cloud Healthcare API, which reinforces standards-driven data formats and protocols of healthcare technologies. The Cloud Healthcare API has the capability to connect data to advanced Google Cloud capabilities, which includes scalable analytics with BigQuery, data processing with Cloud Dataproc, and machine learning with Cloud ML Engine. The healthcare sector is accelerated by using API, as it supports in the development and sharing of digital healthcare data. The connected healthcare ecosystem enables to share selected data and applications through mobile devices, cloud and the Internet of Things (IoT), which enables to share information directly to patients and offers service to expand patient outcomes. In the healthcare sector, the API is strategic technology, which connects electronic health data with cloud platforms via mobile apps or connected medical devices. The API enables to reduce development time, storage & save space on endpoint devices.
Google cloud prediction API and BigML, which connects cloud data such as Google drive or Google data via API; develops data structured data sets, builds a model and creates predictions. The Watson APIs integrated cognitive computing components in their applications. The company provides products with embedded cognitive capabilities, which includes IBM Watson IoT platform and IBM Watson Analytics for social media. The big data plays an essential role in the rising adoption of API management. Most of the cloud provider develops cross-platform cloud API that offers high level abstracting through translating cloud provider API into standard generic form. The cloud storage API connects the nearby application to the cloud-based storage system, which enables the user to send and access data through stored data. The user needs cloud API such as network API that implements cloud products and services.
There are various companies involved in the API Management such as Cloud Element, Inc., Crosscheck Networks, Inc., DigitalML, Distil, Inc., Fiorano Software, Inc., Google, LLC, Hewlett Packard Enterprise Co., IBM Corp., Kong, Inc., Mashape, Inc., and Red Hat, Inc. The 3scale offers flexible API management platform from Red Hat, Inc. The company offers on-premise and cloud-based delivery tools for API management platform. The company integrated cloud-based providers such as Heroku, Amazon Web Services and Red Hat OpenShift for more effective deployments. The market players are focusing to provide advancement to hold their position in the market. In December 2018, Microsoft Corporation introduced Azure API management, which allows customers to secure, publish, transform, and monitor APIs. The authentication, authorization, version management, logging, and tracing are controlled through API management.
The market study of the global API management market is incorporated by extensive primary and secondary research conducted by a research team. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for the API service provider, companies, research, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.