Cloud API Market size is expected to grow at 18.8% throughout the forecast period, reaching nearly US$ 2341.6 Million by 2029. The global Cloud API market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Cloud API report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Definition of Cloud API:
A cloud application programming interface (API) is a type of API that enables the development of services and applications for cloud platforms, software, and hardware provisioning. APIs allow the platform to be extended, resulting in a larger feature set. They also direct more efficient management of platform security and speed up platform access.Cloud API Market Dynamics:
Increased adoption of cloud technology is expected to propel the global market forward during the forecast era. Other factors expected to accelerate the target market's growth include the increasing adoption rate of smartphones and cloud platforms. For instance, serverless API management, automatic scaling, and instant provisioning are all features of Microsoft's Azure API management platform. Furthermore, cloud systems are becoming more widely used in a variety of industries, including BFSI, education, healthcare, IT, and telecommunications. APIs are becoming increasingly popular among businesses as a means of digital transformation. APIs for businesses are gaining traction as a critical component for integrating old and new IT platforms and capturing and storing large amounts of data. Increased demand for cloud-native APIs are expected to open up new business opportunities. Other factors such as increased cloud computing adoption, technical advances, growing digitalization, and improvements in operational performance are expected to boost the cloud API market in the forecast period. Growing concerns about cloud API security are expected to restrict the market growth during the forecast period. According to a 2018 Cloud Element study titled "State of API Integration", 60 % of organizations claim API integration is crucial to their business strategy. Security, on the other hand, is a constant source of concern.Cloud API Market Segmentation:
Based on the APIs type, the cloud API market is segmented into cross-platform APIs, IaaS APIs, PaaS APIs, and SaaS APIs. The SaaS APIs segment accounts for the majority of the market. The factors that can be attributed to the rise in the development of software applications such as mobile apps, web apps, among others, which are in high demand among individuals all over the world, as well as the increase in migration activities among industries, especially in emerging economies, will boost demand for this segment. Based on the organization size, the market is classified into large enterprises and small & medium-sized enterprises. In 2021, large companies dominated the cloud API industry, and this trend is expected to continue over the forecast period. Large businesses are adopting cloud APIs as a strategic decision to take advantage of the full capabilities and services of cloud computing. Furthermore, due to an increase in the adoption of cloud services to stay ahead of the global market competition, small and medium-sized businesses are projected to grow at a moderate CAGR during the forecast period. Based on the industry vertical, the market can be classified into BFSI (Banking, Financial Services, and Insurance), IT and telecommunication, education, manufacturing, healthcare, media & entertainment, and others. During the forecast period, the BFSI is expected to register the highest CAGR. The BFSI industry is embracing cloud APIs as a critical component of software growth. Current applications in the BFSI sector are being modernized to provide new functionality and features.Cloud API Market Regional Insights:
The high dominance of digitalization and cloud platforms has been one of the major factors that have given the North American cloud application programming interface a dominant role. Furthermore, the existence of a large number of top-tier companies would help to boost the demand in this area. The cloud API market in this area has been boosted by the involvement of top leading companies such as Google, IBM, Microsoft, Oracle, and others. Due to factors such as a major shift toward open architectures and cloud computing services among developing countries in this area, Asia-Pacific is expected to grow at the fastest rate in terms of CAGR during the cloud API market forecast timeline. The objective of the report is to present a comprehensive analysis of the Global Cloud API Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Cloud API Market dynamics, structure by analyzing the market segments and project the global Cloud API market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Cloud API Market make the report investor’s guide.Cloud API Market Scope: Inquire before buying
Cloud API Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 701.15 Mn. Forecast Period 2023 to 2029 CAGR: 18.8% Market Size in 2029: US$ 2341.6 Mn. Segments Covered: by APIs Type Cross-platform APIs IaaS APIs PaaS APIs SaaS APIs by Organization Size Large Enterprise Small & Medium Enterprise by Industry Vertical BFSI IT and Telecommunication Education Manufacturing Healthcare Media & Entertainment Others by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)Key Players
1. Apigee Corporation 2. Citrix Systems, Inc. 3. Products/Brand Offerings 4. Company Highlights 5. Google Inc. 6. Scale AI, Inc. 7. Microsoft Corporation 8. SAP SE 9. CA Technologies, Inc. 10. TIBCO Mashrey 11. International Business Machine Corporation 12. Amazon Web Services, Inc. 13. Axway Software SA 14. Zend Technologies Ltd. 15. Rackspace Inc. 16. VMware, Inc. 17. Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Cloud API Market? Ans: Asia-Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Cloud API Market? Ans: The Global Cloud API Market is growing at a CAGR of 18.8% during forecasting period 2023-2029. 3. What is scope of the Global Cloud API market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Cloud API market? Ans: The important key players in the Global Cloud API Market are – Apigee Corporation, Citrix Systems, Inc., Products/Brand Offerings, Company Highlights, Google Inc., Scale AI, Inc., Microsoft Corporation, SAP SE, CA Technologies, Inc. 5. What is the study period of this market? Ans: The Global Cloud API Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Cloud API Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Cloud API Market 3.4. Geographical Snapshot of the Cloud API Market, By Manufacturer share 4. Global Cloud API Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Cloud API Market 5. Supply Side and Demand Side Indicators 6. Global Cloud API Market Analysis and Forecast, 2022-2029 6.1. Global Cloud API Market Size & Y-o-Y Growth Analysis. 7. Global Cloud API Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 7.1.1. Cross-platform APIs 7.1.2. IaaS APIs 7.1.3. PaaS APIs 7.1.4. SaaS APIs 7.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 7.2.1. Large Enterprise 7.2.2. Small & Medium Enterprise 7.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 7.3.1. BFSI 7.3.2. IT and Telecommunication 7.3.3. Education 7.3.4. Manufacturing 7.3.5. Healthcare 7.3.6. Media & Entertainment 7.3.7. Others 8. Global Cloud API Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Cloud API Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 9.1.1. Cross-platform APIs 9.1.2. IaaS APIs 9.1.3. PaaS APIs 9.1.4. SaaS APIs 9.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 9.2.1. Large Enterprise 9.2.2. Small & Medium Enterprise 9.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 9.3.1. BFSI 9.3.2. IT and Telecommunication 9.3.3. Education 9.3.4. Manufacturing 9.3.5. Healthcare 9.3.6. Media & Entertainment 9.3.7. Others 10. North America Cloud API Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Cloud API Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 12. Canada Cloud API Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 13. Mexico Cloud API Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 14. Europe Cloud API Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 15. Europe Cloud API Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Cloud API Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 17. France Cloud API Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 18. Germany Cloud API Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 19. Italy Cloud API Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 20. Spain Cloud API Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 21. Sweden Cloud API Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 22. CIS Countries Cloud API Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 23. Rest of Europe Cloud API Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 24. Asia Pacific Cloud API Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 25. Asia Pacific Cloud API Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Cloud API Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 27. India Cloud API Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 28. Japan Cloud API Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 29. South Korea Cloud API Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 30. Australia Cloud API Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 31. ASEAN Cloud API Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 32. Rest of Asia Pacific Cloud API Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 33. Middle East Africa Cloud API Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 34. Middle East Africa Cloud API Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Cloud API Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 36. GCC Countries Cloud API Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 37. Egypt Cloud API Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 38. Nigeria Cloud API Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 39. Rest of ME&A Cloud API Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 40. South America Cloud API Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 41. South America Cloud API Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Cloud API Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 43. Argentina Cloud API Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 44. Rest of South America Cloud API Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By APIs Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Organization Size, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Industry Vertical, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Cloud API Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. VMware Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Apigee Corporation 45.3.3. Citrix Systems, Inc. 45.3.4. Products/Brand Offerings 45.3.5. Company Highlights 45.3.6. Google Inc. 45.3.7. Scale AI, Inc. 45.3.8. Microsoft Corporation 45.3.9. SAP SE 45.3.10. CA Technologies, Inc. 45.3.11. TIBCO Mashrey 45.3.12. International Business Machine Corporation 45.3.13. Amazon Web Services, Inc. 45.3.14. Axway Software SA 45.3.15. Zend Technologies Ltd. 45.3.16. Rackspace Inc. 45.3.17. Other Key Players 46. Primary Key Insights