Rise in cloud computing adoption, improved operational efficiency & DevOps automation, and surge in adoption of microservices by organizations drive the growth of the global cloud API market. On the other hand, cloud API security issues hamper the growth to certain extent. However, rise in demand for cloud native API is expected to create lucrative opportunities in the near future.
Request Sample Report (Get Full Insights in PDF – 284 Pages) at:
https://www.alliedmarketresearch.com/request-sample/6046
The cloud API market is segmented on the basis of type, enterprise size, industry vertical, and region. Based on type, the market is categorized into PaaS APIs, SaaS APIs, IaaS APIs, and cross-platform APIs. Based on enterprise size, it is divided into large enterprises and small & medium enterprises (SMEs). Depending on industry vertical, it is categorized into BFSI, IT and telecommunication, manufacturing, education, healthcare, media & entertainment, and others. Based on region, the global cloud API market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
If you have any questions, Please feel free to contact our analyst at:
https://www.alliedmarketresearch.com/connect-to-analyst/6046
Based on type, the SaaS APIs segment contributed to more than half of the global cloud API market share in 2018 and is expected to dominate throughout the forecast period. Rise in number of connected devices and smartphones that are driven by software applications across the globe, specifically in the Asia-Pacific region is one of the major reasons driving the growth of SaaS APIs segment in the market. The IaaS APIs segment, on the other hand, is projected to grow at the fastest CAGR of 21.6% during 2019–2026.
Based on enterprise size, the large enterprises segment accounted for more than four-fifths of the global cloud API market revenue in 2018 and is anticipated to rule the roost by 2026. This is due to availability of investments among these organizations. Simultaneously, the small and medium enterprises (SMEs) segment would register the fastest CAGR of 23.7% by 2026.
Enquiry Before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/6046
Based on geography, North America held the major share in 2018, generating nearly half of the global cloud API market. This is due to adoption of cloud API at a high rate to bring great improvements in operational efficiency in IT infrastructure. At the same time, the Asia-Pacific region would cite the fastest CAGR of 23.7% till 2026. This is due to strong penetration of software-based services and increase in digitalization in developing economies such as China and India.
Major players operating in this market have witnessed high growth in demand for predictive analytics solutions especially due to Industry 4.0 evolution. This study includes cloud API market analysis, trends, and future estimations to determine the imminent investment pockets. Some key players are Amazon Web Services Inc., CA Inc., Dell Inc., Google Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation,Salesforce.com Inc., SAP SE and TIBCO Software Inc.
Buy Now & Get Exclusive Discount on this Report (284 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/cloud-api-market/purchase-options
Key Findings of the Study:
✓ By type, the SaaS APIs segment dominated the cloud API market. However, the IaaS APIs segment is expected to exhibit significant growth during the forecast period in the cloud API industry.
✓ Based on enterprise size, the large enterprise segment accounted for the highest revenue in 2018.
✓ Depending on industry vertical, the healthcare industry generated the highest revenue in 2018. However, IT and telecommunications sector is expected to witness considerable growth in the near future.
✓ Region wise, Asia-Pacific is expected to witness significant growth in terms of CAGR in the upcoming years.
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research