API Testing Market is expected to grow at a significant CAGR in the period from 2022 to 2028. The Application Program Interface (API) allows software programmes to communicate and coordinate more easily. It is a collection of tools and protocols for developing software and apps. It helps the organization keep track of the interface’s lifecycle and ensures that the requirements of the apps and developers are met. API testing is utilized in a variety of industries, including banking, financial services, and insurance, retail and ecommerce, media and entertainment, healthcare, manufacturing, and government. To authenticate, authorize, and govern data access, API tools use security methods.
Increased demand for API testing has been enabled by technological breakthroughs in software development technologies. API testing is becoming more popular as the information technology industry becomes more complicated. Small and medium-sized economies’ high adoption rate of API testing will drive up market value greatly in the future. The API testing market will see even more profitable development prospects as the internet of things and artificial intelligence become more widely adopted.
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Company Profile
- Micro Focus (Formerly HPE Software)
- SmartbearSoftware
- Parasoft
- Tricentis
- Cigniti
- CA Technologies
- Infosys
- Oracle
- Qualitylogic
- Runscope
- Bleum
Market Segmentation
By Component:
- API Testing Tools/Software
- API Testing Services
By End User:
- IT & Telecommunication
- BFSI
- Retail & E-Commerce
- Media & Entertainment
- Health Care
- Manufacturing
Scope of the Report
The research study analyzes the API Testing Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by API Testing Market Report
- What was the API Testing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of API Testing Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the API Testing Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the API Testing market.
- The market share of the API Testing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the API Testing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the API Testing market.
About Us:
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