Segmentation: Global API Management Market

The API management market is segmented into five notable segments which are type, solution, service, deployment type, organization size, industrial size and geography

On the basis of type the global API management market is segmented into carbon identity management, maps & location, speech/ voice. In 2018, carbon identity management segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.

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IDEMIA (France) and Sentryo (France) are few of the companies that provide APIs for identity management.
On the basis of solution the global API management market is segmented into API portal, security, monetization, API gateway, API analytics, API lifecycle management and administration. In 2018, security segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2018 to 2025.

Open Authorization (OAUTH) which is a token approval framework, is widely recognized API security measure which does not permit API customer from getting to the clients’ data.

Competitive Analysis: Global API Management Market

Some of the prominent participants operating in this market are Axway, Palo Alto Research Center Incorporated, Microsoft, Rogue Wave Software, Inc., SAP SE, Oracle, Red Hat, Inc., CA Technologies, Inc., Fiorano Software and Affiliates, Software AG, Boomi, Inc.

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Product Launch:

In July, Microsoft (U.S.) announced the launch of Azure API Management (APIM) integration with Azure Application Insights (AI). This feature will allow customers to add APIM telemetry to AI and use AI’s rich set of capabilities to monitor and troubleshoot their APIs.

In March, Microsoft (U.S.) launched a new service Custom Vision service under Azure Portal. This is used as cloud-hosted APIs that which ensures developers to add AI capabilities for vision, speech, language, knowledge and search.

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