Global API management market stood at more than $ 1.3 billion in 2019 and is projected to grow at a CAGR of over 22% during 2021-2026, on account of increasing demand for modern application programming interface (API) to connect various applications and devices. Growing need to decode data of enterprises so that it can be used by other sections of the organizations is boosting the growth of the market. Application programming interface (API) management can be defined as the process of publishing, documenting and overseeing application programming interfaces in reliable and secure environment. Advancement of Internet of Things and big data and rising demand to manage API traffic is anticipated to propel global API management market through 2026. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3894 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/api-management-market/3894.html Major players operating in global API management market include Software AG, International Business Machine Corporation, SAP SE, Red Hat Inc., CA Technologies, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In 2020, RedHat Inc. acquired software developing company, Noobaa, to manage data storage services across multi-cloud environments.

Global API management market stood at more than $ 1.3 billion in 2019 and is projected to grow at a CAGR of over 22% during 2021-2026, on account of increasing demand for modern application programming interface (API) to connect various applications and devices. Growing need to decode data of enterprises so that it can be used by other sections of the organizations is boosting the growth of the market. Application programming interface (API) management can be defined as the process of publishing, documenting and overseeing application programming interfaces in reliable and secure environment. Advancement of Internet of Things and big data and rising demand to manage API traffic is anticipated to propel global API management market through 2026. Major players operating in global API management market include Software AG, International Business Machine Corporation, SAP SE, Red Hat Inc., CA Technologies, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. In 2020, RedHat Inc. acquired software developing company, Noobaa, to manage data storage services across multi-cloud environments. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3894 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/api-management-market/3894.html

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