Global API Testing
Market Report
2024
API Testing market size will be USD 908.98 million in 2024 and will expand at a compound annual growth rate (CAGR) of 19.80% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global API Testing market size will be USD 908.98 million in 2024 and will expand at a compound annual growth rate (CAGR) of 19.80% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global API Testing Market Sales Revenue 2024 | $ 908.98 Million |
Global API Testing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.8% |
Market Split by Deployment |
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Market Split by Component |
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Market Split by Vertical |
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Market Split by Organization |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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API Testing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The API testing market is a segment within the software testing industry focused on evaluating the functionality, reliability, performance, and security of application programming interfaces (APIs). APIs serve as the bridge between different software systems, enabling seamless communication and data exchange. API testing ensures that these interfaces function correctly and efficiently, adhering to specified requirements and standards. With the rapid growth of web services, mobile apps, and cloud computing, the demand for robust API testing solutions has surged. Key features of API testing tools include the ability to automate testing processes, simulate various usage scenarios, validate responses, and identify potential vulnerabilities. This market caters to a wide range of industries, including finance, healthcare, e-commerce, and telecommunications, where APIs play a critical role in enabling digital transformation and innovation.
Shift Towards Agile and DevOps Practices to Increase the Demand Globally - The widespread adoption of Agile development methodologies and DevOps practices emphasizes rapid and continuous software delivery. APIs play a crucial role in enabling seamless integration and collaboration between the development, testing, and deployment phases. API testing tools that support automation, continuous testing, and seamless integration with DevOps pipelines become essential for ensuring the quality and stability of APIs throughout the software development lifecycle as organizations embrace Agile and DevOps, the demand for API testing solutions escalates, driving market growth. Growth of API Usage- The proliferation of web services, mobile applications, and cloud computing has led to a significant increase in the adoption of APIs across industries.
Complexity of APIs- The intricate nature of modern APIs, including their diversity, versioning, and dependencies, presents challenges in comprehensively testing all functionalities, leading to potential gaps in test coverage and accuracy Security Concerns- Given the sensitive data often exchanged through APIs, security vulnerabilities pose a significant constraint on API testing adoption, requiring robust security testing protocols to safeguard against potential breaches and data compromises.
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In June 2022, Katalon Inc., a leading test automation platform provider, announced the launch of its Partner Program and Portal. This program is a transparent and simple partnership framework designed to assist customers in scaling tests and adopting automation programs.
(Source: https://katalon.com/)
Top Companies Market Share in API Testing Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue as the region is home to a large number of technology companies, including major players in the software development and testing space, fostering innovation and adoption of API testing solutions. Additionally, North America boasts a mature IT infrastructure, high digitalization rates across industries, and a strong emphasis on quality assurance and compliance standards. Moreover, the presence of a skilled workforce, advanced testing methodologies, and significant investments in research and development further bolster North America's leadership in the API testing market.
Asia-Pacific stands out as the fastest-growing region in the API Testing market due to the increasing adoption of digital technologies and cloud services across industries in countries like India, China, and Singapore drives the demand for robust API testing solutions to ensure seamless integration and performance. The burgeoning tech startup ecosystem and the expansion of multinational companies in the region amplify the need for reliable API testing tools to accelerate product development cycles and maintain competitiveness. This trend positions Asia-Pacific as the fastest-growing market segment for API testing solutions.
The current report Scope analyzes API Testing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global API Testing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing API Testing Industry growth. API Testing market has been segmented with the help of its Deployment, Component Vertical, and others. API Testing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for API Testing market.
Deployment of API Testing analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of API Testing from 2019 to 2031. This will also help to analyze the demand for API Testing across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Component of API Testing are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, BFSI is the dominating category due to its heavy reliance on APIs for various critical functions such as payment processing, customer account management, and data exchange between internal systems and third-party applications. With stringent regulatory requirements and high stakes for data security and transaction accuracy, BFSI organizations prioritize thorough API testing to ensure compliance, reliability, and seamless integration across diverse platforms and services. This drives significant investment and innovation in API testing solutions tailored to their specific needs.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global API Testing Market is witnessing significant growth in the near future.
In 2023, the On-Premises segment accounted for noticeable share of global API Testing Market and is projected to experience significant growth in the near future.
The Tools/Software segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM , SmartBear Software (Francisco Partners) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Deployment | On-Premises, Cloud |
Component | Tools/Software, Services |
Vertical | IT and Telecommunication, BFSI, Retail & E-Commerce, Media & Entertainment, Healthcare, Manufacturing |
Organization | Large Enterprises, SMEs |
List of Competitors | IBM, Micro Focus (OpenText), SmartBear Software (Francisco Partners), Parasoft, Tricentis GmbH, Infosys, Runscope (BlazeMeter), Adobe, Microsoft Corporation |
This chapter will help you gain GLOBAL Market Analysis of API Testing. Further deep in this chapter, you will be able to review Global API Testing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Deployment Analysis 2019 -2031, will provide market size split by Deployment. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Deployment Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Component Analysis 2019 -2031
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Chapter 12 Market Split by Vertical Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Organization Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global API Testing market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why On-Premises have a significant impact on API Testing market? |
What are the key factors affecting the On-Premises and Cloud of API Testing Market? |
What is the CAGR/Growth Rate of Tools/Software during the forecast period? |
By type, which segment accounted for largest share of the global API Testing Market? |
Which region is expected to dominate the global API Testing Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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