Press Release

API Testing Market is expected to grow at a CAGR of 11.47%

Global API Testing Market is expected to grow owing to proliferation of APIs in the digital landscape, including web APIs, third-party APIs, and internal API throughout the forecast period

According to TechSci Research report, “API Testing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029”, the Global API Testing Market is expected to register robust growth during the forecast period. The global surge in software development activities across various industries is a primary driver for the API Testing Market. As organizations strive to deliver innovative and high-quality software products, APIs play a critical role in enabling communication between different software components. API testing ensures that these interfaces function as intended, leading to reliable and seamless software applications. The growing demand for feature-rich applications and digital services contributes to the increased adoption of API testing solutions.

The adoption of microservices architecture is growing globally as organizations seek more scalable and flexible solutions. With microservices, applications are composed of smaller, independently deployable services. API testing becomes crucial in ensuring the seamless communication and integration between these microservices. As organizations increasingly transition towards microservices, there is a rising demand for API testing solutions that can effectively validate the interactions between microservices, ensuring overall system reliability.

 

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Based on deployment type, the Cloud-Based segment is expected to dominate the market during the forecast period. Cloud-based API testing aligns well with the principles of automation and Continuous Integration/Continuous Delivery (CI/CD). Many cloud-based testing platforms seamlessly integrate with CI/CD pipelines, allowing organizations to automate the testing process within their development workflows. This integration ensures that API tests are executed consistently with each code change, contributing to the adoption of DevOps practices and accelerating the overall software development lifecycle. Cloud service providers invest heavily in security measures and compliance certifications. This enhances the overall security posture of cloud-based API testing solutions. Organizations can leverage the security features provided by cloud platforms, including encryption, access controls, and compliance with industry standards. This is particularly crucial in API testing, where sensitive data may be involved, and adherence to regulatory requirements is paramount. Cloud-based solutions alleviate the burden of updates and maintenance on organizations. Cloud service providers take care of infrastructure maintenance, ensuring that testing tools and environments are up-to-date with the latest features and security patches. This allows organizations to focus on their core activities without the overhead of managing and maintaining testing infrastructure. In conclusion, the cloud-based segment in the Global API Testing Market is witnessing robust growth due to its scalability, cost efficiency, global accessibility, automation capabilities, and enhanced security features. As organizations continue to embrace cloud technologies, the demand for cloud-based API testing solutions is expected to increase, driving innovation and competition in the market.

Based on end-user, the IT & Telecommunications segment is projected to dominate the market throughout the forecast period. The IT & Telecommunications industry deals with sensitive customer data, making security a top priority. API testing is critical in identifying and mitigating security vulnerabilities within APIs. Telecom companies need to ensure that APIs are secure, adhering to industry regulations and compliance standards. As cyber threats continue to evolve, API testing tools within this sector must be equipped to handle sophisticated security scenarios, including encryption, authentication, and authorization, to safeguard customer information and maintain regulatory compliance. The IT & Telecommunications segment is at the forefront of adopting next-generation technologies such as 5G, edge computing, and Internet of Things (IoT). API testing becomes instrumental in ensuring the seamless integration of these technologies into existing infrastructure. Telecom companies rely on APIs to enable communication between IoT devices, manage edge computing resources, and deliver high-speed data services through 5G networks. API testing tools in this context must be adaptable to the unique requirements of these emerging technologies. Many IT & Telecommunications organizations are undergoing digital transformation initiatives, including the migration of infrastructure to cloud environments. Cloud-based API testing solutions align with this trend, providing the flexibility and scalability required to test APIs in cloud-based telecom services. As telecom companies leverage the benefits of cloud infrastructure, API testing tools that integrate seamlessly with cloud platforms become increasingly valuable. API testing tools within this sector must evolve to meet the specific demands of the telecommunications industry, ensuring the delivery of reliable and secure software applications and services.

 

Key market players in the Global API Testing Market are:-

  • Astegic Inc.
  • Axway
  • Cigniti Technologies
  • Cygnet Infotech
  • IBM
  • Inflectra Corporation
  • LogiGear Corporation
  • Micro Focus
  • Oracle
  • QualityLogic  

 

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“The Global API Testing Market in Asia-Pacific is poised to be the dominant force in the industry. North America, particularly the United States, is home to a mature and dynamic IT industry with a well-established software development ecosystem. The region is a hub for technology companies, startups, and enterprises that heavily rely on software applications for various purposes. The demand for API testing solutions in North America is driven by the need to maintain high-quality software products and accelerate the development lifecycle. As organizations strive to deliver innovative solutions, API testing becomes integral to ensuring the reliability and performance of interconnected software components.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“API Testing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Component (API Testing Tools/ Software, API Testing Services), By Deployment Type (On-Premises and Cloud-Based), By End-User (IT & Telecommunications, BFSI, E-commerce, Healthcare, Manufacturing, Government and Others), By Region, and By Competition 2019-2029 has evaluated the future growth potential of Global API Testing Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global API Testing Market.

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