https://www.maximizemarketresearch.com/market-report/global-api-management-market/28013/
The API Management Market size was valued at USD 5.32 Billion in 2023 and the total API Management Market revenue is expected to grow at a CAGR of 25.54% from 2024 to 2030, reaching nearly USD 26.15 Billion.
API Management Market Overview:
API management includes a suite of tools, protocols, and subroutines crucial for constructing software applications. It facilitates the creation and publication of web application programming interfaces (APIs), enforcing usage policies, controlling access, fostering subscriber communities, collecting and analysing usage statistics, and reporting performance metrics. The central aim of API management is to empower organizations to effectively publish APIs and oversee their lifecycle, ensuring seamless tracking and management of interfaces throughout their operational journey.
The API Management Market size was valued at USD 5.32 Billion in 2023 and the total API Management Market revenue is expected to grow at a CAGR of 25.54% from 2024 to 2030, reaching nearly USD 26.15 Billion.
API Management Market Overview:
API management includes a suite of tools, protocols, and subroutines crucial for constructing software applications. It facilitates the creation and publication of web application programming interfaces (APIs), enforcing usage policies, controlling access, fostering subscriber communities, collecting and analysing usage statistics, and reporting performance metrics. The central aim of API management is to empower organizations to effectively publish APIs and oversee their lifecycle, ensuring seamless tracking and management of interfaces throughout their operational journey.
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