The API management market is projected to grow from USD 4.5 billion in 2022 to USD 13.7 billion by 2027, at a CAGR of 25.1% during the forecast period. The growth is driven by strong digital transformation efforts, increasing foreign investments, and growing internet penetration worldwide.
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The major players in the API management market include:
Top Companies in API Management
- Google (US)
- IBM (US)
- Microsoft (US)
- Axway Software (US)
- Broadcom Inc. (US)
- MuleSoft (US)
- Oracle Corporation (US)
- Software AG (Germany)
- Kong Inc. (US)
- Red Hat (US)
- SAP SE (Germany)
- TIBCO Software (US)
- Amazon Web Services (US)
- Boomi (US)
- Postman (US)
These companies are recognized for their significant contributions to the API management market, offering a range of solutions and services that help organizations manage, secure, and optimize their APIs.
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