Global Application Program Interface as a Service Market 2016-2020

Published: Mar 2016 Pages: 57 SKU: IRTNTR8940

Outlook of the global application program interface (API) as a service market

Application program interface (API) as a service allows businesses to attain digital transformation and also drive revenue channels. In businesses, API as a service promotes the standard use of enterprise-approved services and helps to reduce IT costs across organizations. The ability of API as a service to deliver available company data and services in the form of software response queries, predict the next plan of action, and build applications faster will result in its augmented adoption during the forecast period. Technavio’s market research analyst has estimated the global API as a service market to grow significantly at a CAGR of over 30% until the end of 2020.

The recent rise in cloud-based API integration will be the primary growth driver for this market. Most organizations prefer cloud-based API services as they help enterprises to explore additional channels and allow easy integration with legacy applications. API integration helps companies to build a single hybrid cloud environment, which will aid organizations to keep track of disparate systems. The capability of this service to aid employees in accessing systems and to define how other systems communicate with each other will result in its increased adoption until the end of the forecast period.

Competitive landscape and key vendors

The global API as a service market will experience intense competition among leading as well as niche players. The API as a service market is an attractive market where cloud players acquire niche players to strengthen their web API application services.

Leading vendors analyzed in this market research are -

  • CA Technologies
  • IBM
  • MuleSoft
  • TIBCO Software

Other prominent vendors in this market are 3Scale, Akana, Apigee, Axway, Citrix Systems, Forum Systems, Intel, Mashery, Microsoft, Rackspace, SAP, VMware, and WSO2.

Geographical segmentation of the API as a service market

  • Americas
  • APAC
  • EMEA

Technavio analysts in this market research report have estimated the Americas to account for nearly 64% of the total market share by 2020. Factors like the expansion of IoT services and the increase in partnership between network operators, device makers, and platform providers to address customer demands will foster the prospects for market growth in this region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global API as a service market?
  • What are the key market trends impacting the growth of the global API as a service market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global API as a service market?
  • What are the market opportunities and threats faced by the vendors in the API as a service market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global API as a service market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 05: Geographical segmentation

  • Global API as a service market by geography
  • Americas
  • EMEA
  • APAC

PART 06: Market drivers

PART 07: Impact of drivers

PART 08: Market challenges

PART 09: Impact of drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 12: Key vendor analysis

  • CA Technologies
  • IBM
  • MuleSoft
  • TIBCO Software

PART 13: Appendix

  • List of abbreviations

PART 14: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

PURCHASE FULL REPORT OF

market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis