5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 28 Drivers, Restraints, Opportunities, and Challenges: Api Management Market
5.2.1 Drivers
5.2.1.1 Growing Utilization of Data-Driven Decision-Making
5.2.1.2 Automation and Customization to Streamline Workflow
5.2.1.3 Growing Need for APIs to Increase Digital Transformation
5.2.2 Restraints
5.2.2.1 Lack of Skilled Professionals for Implementing Api Management Solutions
5.2.3 Opportunities
5.2.3.1 Low-Code Api Development Platforms
5.2.3.2 Api Management Platforms with Advanced Analytics Capabilities
5.2.4 Challenges
5.2.4.1 Introduction of Multi-Cloud Api Management
5.2.4.2 Development in Api Governance and Portfolio
5.3 Case Study Analysis
5.3.1 Case Study 1: Mulesoft Accelerated Smcp Group's Delivery Through Business Automation
5.3.2 Case Study 2: IBM Simplified Customer Transactions of Rbl Bank by Reducing Technology Costs
5.3.3 Case Study 3: Lindsay Fox Made Logistics Smarter with Customer-First Integration of Software Ag
5.3.4 Case Study 4: Ws02 Provided Fully Connected Experience for Customers of Qantas
5.3.5 Case Study 5: Red Hat Streamlined Api Management of Weathernews Inc to Meet Weather Demand
5.4 Supply Chain Analysis
Figure 29 Api Management Market: Supply Chain
5.5 Ecosystem
Figure 30 Market: Ecosystem
5.6 COVID-19-Driven Market Dynamics
5.6.1 Drivers and Opportunities
5.6.2 Restraints and Challenges
5.7 Technology Analysis
5.7.1 Internet of Things
5.7.2 Data Analytics
5.7.3 Artificial Intelligence
5.8 Pricing Analysis
Table 3 Pricing Analysis of Vendors in Api Management Market
5.9 Key Stakeholders and Buying Criteria
5.9.1 Key Stakeholders in Buying Process
Table 4 Key Stakeholders in Buying Process for Top Three Industry Verticals
5.9.2 Buying Criteria
Table 5 Api Management Vendor Selection Criteria
5.10 Emerging Trends in Market
Figure 31 Major Ycc Trends to Drive Future Revenue Prospects in Api Management
5.11 Patent Analysis
Figure 32 Number of Patents Published, 2012-2022
Figure 33 Top Five Patent Owners (Global)
Table 6 Top Ten Patent Applicants (United States)
Table 7 Market - Patents Granted to Api Management Solution Providers
5.12 Porter's Five Forces Analysis
Figure 34 Api Management Market: Porter's Five Forces Analysis
Table 8 Market: Porter's Five Forces Analysis
5.12.1 Degree of Competition
5.12.2 Bargaining Power of Suppliers
5.12.3 Bargaining Power of Buyers
5.12.4 Threat of New Entrants
5.12.5 Threat of Substitutes
5.13 Key Conferences and Events in 2022-2023
Table 9 Market: Key Conferences and Events
5.14 Tariffs and Regulatory Landscape
5.14.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Rest of World: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.14.2 Regulations
5.14.2.1 North America
5.14.2.2 Europe
5.14.2.3 Asia-Pacific
5.14.2.4 Middle East & Africa
5.14.2.5 Latin America
6 Api Management Market, by Component
6.1 Introduction
Figure 35 Services Segment to Grow at Higher CAGR During Forecast Period
Table 14 Market, by Component, 2016-2020 (USD Million)
Table 15 Market, by Component, 2021-2027 (USD Million)
6.1.1 Components: Market Drivers
6.1.2 Components: COVID-19 Impact
6.2 Solutions
Figure 36 Api Security Segment to Grow at Highest CAGR During Forecast Period
Table 16 Market, by Solution, 2016-2020 (USD Million)
Table 17 Market, by Solution, 2021-2027 (USD Million)
Table 18 Solutions: Market, by Region, 2016-2020 (USD Million)
Table 19 Solutions: Market, by Region, 2021-2027 (USD Million)
6.2.1 Api Platform
Table 20 Api Platform: Api Management Market, by Region, 2016-2020 (USD Million)
Table 21 Api Platform: Market, by Region, 2021-2027 (USD Million)
6.2.1.1 Api Portal
6.2.1.2 Api Gateway
6.2.1.3 Api Administration
6.2.1.4 Api Monetization
6.2.2 Api Analytics
Table 22 Api Analytics: Market, by Region, 2016-2020 (USD Million)
Table 23 Api Analytics: Market, by Region, 2021-2027 (USD Million)
6.2.3 Api Security
Table 24 Api Security: Market, by Region, 2016-2020 (USD Million)
Table 25 Api Security: Market, by Region, 2021-2027 (USD Million)
6.3 Services
Figure 37 Support & Maintenance Services to Grow at Highest CAGR During Forecast Period
Table 26 Api Management Market, by Service, 2016-2020 (USD Million)
Table 27 Market, by Service, 2021-2027 (USD Million)
Table 28 Services: Market, by Region, 2016-2020 (USD Million)
Table 29 Services: Market, by Region, 2021-2027 (USD Million)
6.3.1 Integration & Implementation
Table 30 Integration & Implementation: Market, by Region, 2016-2020 (USD Million)
Table 31 Integration & Implementation: Market, by Region, 2021-2027 (USD Million)
6.3.2 Consulting
Table 32 Consulting: Market, by Region, 2016-2020 (USD Million)
Table 33 Consulting: Market, by Region, 2021-2027 (USD Million)
6.3.3 Support & Maintenance
Table 34 Support & Maintenance: Market, by Region, 2016-2020 (USD Million)
Table 35 Support & Maintenance: Market, by Region, 2021-2027 (USD Million)
6.3.4 Training & Education
Table 36 Training & Education: Market, by Region, 2016-2020 (USD Million)
Table 37 Training & Education: Market, by Region, 2021-2027 (USD Million)
7 Api Management Market, by Deployment Type
7.1 Introduction
Figure 38 Cloud Deployment Type to Grow at Higher CAGR During Forecast Period
Table 38 Market, by Deployment Type, 2016-2020 (USD Million)
Table 39 Market, by Deployment Type, 2021-2027 (USD Million)
7.1.1 Deployment Types: Market Drivers
7.1.2 Deployment Types: COVID-19 Impact
7.2 On-Premises
Table 40 On-Premises: Market, by Region, 2016-2020 (USD Million)
Table 41 On-Premises: Market, by Region, 2021-2027 (USD Million)
7.3 Cloud
Table 42 Cloud: Market, by Region, 2016-2020 (USD Million)
Table 43 Cloud: Market, by Region, 2021-2027 (USD Million)
8 Api Management Market, by Organization Size
8.1 Introduction
8.1.1 Organization Sizes: Market Drivers
8.1.2 Organization Sizes: COVID-19 Impact
Figure 39 Small and Medium-Sized Enterprises Segment to Grow at Higher CAGR During Forecast Period
Table 44 Market, by Organization Size, 2016-2020 (USD Million)
Table 45 Market, by Organization Size, 2021-2027 (USD Million)
8.2 Large Enterprises
Table 46 Large Enterprises: Market, by Region, 2016-2020 (USD Million)
Table 47 Large Enterprises: Market, by Region, 2021-2027 (USD Million)
8.3 Small and Medium-Sized Enterprises
Table 48 Small and Medium-Sized Enterprises: Market, by Region, 2016-2020 (USD Million)
Table 49 Small and Medium-Sized Enterprises: Market, by Region, 2021-2027 (USD Million)
9 Api Management Market, by Vertical
9.1 Introduction
Figure 40 Banking, Financial Services, and Insurance Vertical to Account for Largest Market Size During Forecast Period
Table 50 Market, by Vertical, 2016-2020 (USD Million)
Table 51 Market, by Vertical, 2021-2027 (USD Million)
9.1.1 Verticals: Market Drivers
9.1.2 Verticals: COVID-19 Impact
9.2 Bfsi
Table 52 Banking, Financial Services, and Insurance: Market, by Region, 2016-2020 (USD Million)
Table 53 Banking, Financial Services, and Insurance: Market, by Region, 2021-2027 (USD Million)
9.3 It & Telecom
Table 54 It & Telecom: Market, by Region, 2016-2020 (USD Million)
Table 55 It & Telecom: Market, by Region, 2021-2027 (USD Million)
9.4 Government
Table 56 Government: Api Management Market, by Region, 2016-2020 (USD Million)
Table 57 Government: Market, by Region, 2021-2027 (USD Million)
9.5 Healthcare & Life Sciences
Table 58 Healthcare & Life Sciences: Market, by Region, 2016-2020 (USD Million)
Table 59 Healthcare & Life Sciences: Market, by Region, 2021-2027 (USD Million)
9.6 Retail & Consumer Goods
Table 60 Retail & Consumer Goods: Market, by Region, 2016-2020 (USD Million)
Table 61 Retail & Consumer Goods: Market, by Region, 2021-2027 (USD Million)
9.7 Media & Entertainment
Table 62 Media & Entertainment: Market, by Region, 2016-2020 (USD Million)
Table 63 Media & Entertainment: Market, by Region, 2021-2027 (USD Million)
9.8 Travel & Transportation
Table 64 Travel & Transportation: Api Management Market, by Region, 2016-2020 (USD Million)
Table 65 Travel & Transportation: Market, by Region, 2021-2027 (USD Million)
9.9 Manufacturing
Table 66 Manufacturing: Market, by Region, 2016-2020 (USD Million)
Table 67 Manufacturing: Market, by Region, 2021-2027 (USD Million)
9.10 Other Verticals
Table 68 Other Verticals: Market, by Region, 2016-2020 (USD Million)
Table 69 Other Verticals: Market, by Region, 2021-2027 (USD Million)
10 Api Management Market, by Region
10.1 Introduction
Figure 41 Asia-Pacific to Show Highest Growth Rate During Forecast Period
Table 70 Market, by Region, 2016-2020 (USD Million)
Table 71 Market, by Region, 2021-2027 (USD Million)
10.2 North America
10.2.1 North America: Market Drivers
10.2.2 North America: COVID-19 Impact
Figure 42 North America: Market Snapshot
Table 72 North America: Api Management Market, by Component, 2016-2020 (USD Million)
Table 73 North America: Market, by Component, 2021-2027 (USD Million)
Table 74 North America: Market, by Solution, 2016-2020 (USD Million)
Table 75 North America: Market, by Solution, 2021-2027 (USD Million)
Table 76 North America: Market, by Service, 2016-2020 (USD Million)
Table 77 North America: Market, by Service, 2021-2027 (USD Million)
Table 78 North America: Api Management Market, by Deployment Type, 2016-2020 (USD Million)
Table 79 North America: Market, by Deployment Type, 2021-2027 (USD Million)
Table 80 North America: Market, by Organization Size, 2016-2020 (USD Million)
Table 81 North America: Market, by Organization Size, 2021-2027 (USD Million)
Table 82 North America: Market, by Vertical, 2016-2020 (USD Million)
Table 83 North America: Market, by Vertical, 2021-2027 (USD Million)
Table 84 North America: Market, by Country, 2016-2020 (USD Million)
Table 85 North America: Market, by Country, 2021-2027 (USD Million)
10.2.3 United States
Table 86 United States: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 87 United States: Market, by Organization Size, 2021-2027 (USD Million)
10.2.4 Canada
Table 88 Canada: Market, by Organization Size, 2016-2020 (USD Million)
Table 89 Canada: Market, by Organization Size, 2021-2027 (USD Million)
10.3 Europe
10.3.1 Europe: Market Drivers
10.3.2 Europe: COVID-19 Impact
Table 90 Europe: Api Management Market, by Component, 2016-2020 (USD Million)
Table 91 Europe: Market, by Component, 2021-2027 (USD Million)
Table 92 Europe: Market, by Solution, 2016-2020 (USD Million)
Table 93 Europe: Market, by Solution, 2021-2027 (USD Million)
Table 94 Europe: Market, by Service, 2016-2020 (USD Million)
Table 95 Europe: Market, by Service, 2021-2027 (USD Million)
Table 96 Europe: Market, by Deployment Type, 2016-2020 (USD Million)
Table 97 Europe: Api Management Market, by Deployment Type, 2021-2027 (USD Million)
Table 98 Europe: Market, by Organization Size, 2016-2020 (USD Million)
Table 99 Europe: Market, by Organization Size, 2021-2027 (USD Million)
Table 100 Europe: Market, by Vertical, 2016-2020 (USD Million)
Table 101 Europe: Market, by Vertical, 2021-2027 (USD Million)
Table 102 Europe: Market, by Country, 2016-2020 (USD Million)
Table 103 Europe: Market, by Country, 2021-2027 (USD Million)
10.3.3 United Kingdom
Table 104 United Kingdom: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 105 United Kingdom: Market, by Organization Size, 2021-2027 (USD Million)
10.3.4 Germany
Table 106 Germany: Market, by Organization Size, 2016-2020 (USD Million)
Table 107 Germany: Market, by Organization Size, 2021-2027 (USD Million)
10.3.5 France
Table 108 France: Market, by Organization Size, 2016-2020 (USD Million)
Table 109 France: Market, by Organization Size, 2021-2027 (USD Million)
10.3.6 Rest of Europe
Table 110 Rest of Europe: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 111 Rest of Europe: Market, by Organization Size, 2021-2027 (USD Million)
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Market Drivers
10.4.2 Asia-Pacific: COVID-19 Impact
Figure 43 Asia-Pacific: Market Snapshot
Table 112 Asia-Pacific: Api Management Market, by Component, 2016-2020 (USD Million)
Table 113 Asia-Pacific: Market, by Component, 2021-2027 (USD Million)
Table 114 Asia-Pacific: Market, by Solution, 2016-2020 (USD Million)
Table 115 Asia-Pacific: Market, by Solution, 2021-2027 (USD Million)
Table 116 Asia-Pacific: Market, by Service, 2016-2020 (USD Million)
Table 117 Asia-Pacific: Market, by Service, 2021-2027 (USD Million)
Table 118 Asia-Pacific: Market, by Deployment Type, 2016-2020 (USD Million)
Table 119 Asia-Pacific: Market, by Deployment Type, 2021-2027 (USD Million)
Table 120 Asia-Pacific: Market, by Organization Size, 2016-2020 (USD Million)
Table 121 Asia-Pacific: Api Management Market, by Organization Size, 2021-2027 (USD Million)
Table 122 Asia-Pacific: Market, by Vertical, 2016-2020 (USD Million)
Table 123 Asia-Pacific: Market, by Vertical, 2021-2027 (USD Million)
Table 124 Asia-Pacific: Market, by Country, 2016-2020 (USD Million)
Table 125 Asia-Pacific: Market, by Country, 2021-2027 (USD Million)
10.4.3 China
Table 126 China: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 127 China: Market, by Organization Size, 2021-2027 (USD Million)
10.4.4 Japan
Table 128 Japan: Market, by Organization Size, 2016-2020 (USD Million)
Table 129 Japan: Market, by Organization Size, 2021-2027 (USD Million)
10.4.5 Australia and New Zealand
Table 130 Australia and New Zealand: Market, by Organization Size, 2016-2020 (USD Million)
Table 131 Australia and New Zealand: Market, by Organization Size, 2021-2027 (USD Million)
10.4.6 Rest of Asia-Pacific
Table 132 Rest of Asia-Pacific: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 133 Rest of Asia-Pacific: Market, by Organization Size, 2021-2027 (USD Million)
10.5 Middle East & Africa
10.5.1 Middle East & Africa: Market Drivers
10.5.2 Middle East & Africa: COVID-19 Impact
Table 134 Middle East & Africa: Api Management Market, by Component, 2016-2020 (USD Million)
Table 135 Middle East & Africa: Market, by Component, 2021-2027 (USD Million)
Table 136 Middle East & Africa: Market, by Solution, 2016-2020 (USD Million)
Table 137 Middle East & Africa: Market, by Solution, 2021-2027 (USD Million)
Table 138 Middle East & Africa: Market, by Service, 2016-2020 (USD Million)
Table 139 Middle East & Africa: Market, by Service, 2021-2027 (USD Million)
Table 140 Middle East & Africa: Market, by Deployment Type, 2016-2020 (USD Million)
Table 141 Middle East & Africa: Market, by Deployment Type, 2021-2027 (USD Million)
Table 142 Middle East & Africa: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 143 Middle East & Africa: Market, by Organization Size, 2021-2027 (USD Million)
Table 144 Middle East & Africa: Market, by Vertical, 2016-2020 (USD Million)
Table 145 Middle East & Africa: Market, by Vertical, 2021-2027 (USD Million)
Table 146 Middle East & Africa: Market, by Country, 2016-2020 (USD Million)
Table 147 Middle East & Africa: Market, by Country, 2021-2027 (USD Million)
10.5.3 Kingdom of Saudi Arabia
Table 148 Kingdom of Saudi Arabia: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 149 Kingdom of Saudi Arabia: Market, by Organization Size, 2021-2027 (USD Million)
10.5.4 South Africa
Table 150 South Africa: Market, by Organization Size, 2016-2020 (USD Million)
Table 151 South Africa: Market, by Organization Size, 2021-2027 (USD Million)
10.5.5 Rest of Middle East & Africa
Table 152 Rest of Middle East & Africa: Market, by Organization Size, 2016-2020 (USD Million)
Table 153 Rest of Middle East & Africa: Market, by Organization Size, 2021-2027 (USD Million)
10.6 Latin America
10.6.1 Latin America: Market Drivers
10.6.2 Latin America: COVID-19 Impact
Table 154 Latin America: Api Management Market, by Component, 2016-2020 (USD Million)
Table 155 Latin America: Market, by Component, 2021-2027 (USD Million)
Table 156 Latin America: Market, by Solution, 2016-2020 (USD Million)
Table 157 Latin America: Market, by Solution, 2021-2027 (USD Million)
Table 158 Latin America: Market, by Service, 2016-2020 (USD Million)
Table 159 Latin America: Market, by Service, 2021-2027 (USD Million)
Table 160 Latin America: Market, by Deployment Type, 2016-2020 (USD Million)
Table 161 Latin America: Market, by Deployment Type, 2021-2027 (USD Million)
Table 162 Latin America: Market, by Organization Size, 2016-2020 (USD Million)
Table 163 Latin America: Api Management Market, by Organization Size, 2021-2027 (USD Million)
Table 164 Latin America: Market, by Vertical, 2016-2020 (USD Million)
Table 165 Latin America: Market, by Vertical, 2021-2027 (USD Million)
Table 166 Latin America: Market, by Country, 2016-2020 (USD Million)
Table 167 Latin America: Market, by Country, 2021-2027 (USD Million)
10.6.3 Brazil
Table 168 Brazil: Api Management Market, by Organization Size, 2016-2020 (USD Million)
Table 169 Brazil: Market, by Organization Size, 2021-2027 (USD Million)
10.6.4 Mexico
Table 170 Mexico: Market, by Organization Size, 2016-2020 (USD Million)
Table 171 Mexico: Market, by Organization Size, 2021-2027 (USD Million)
10.6.5 Rest of Latin America
Table 172 Rest of Latin America: Market, by Organization Size, 2016-2020 (USD Million)
Table 173 Rest of Latin America: Market, by Organization Size, 2021-2027 (USD Million)