API Management Market Trend, Growth Rate, Latest Research News 2023
MarketsandMarkets expects the global Application Programming Interface (API) management market size to grow from USD 1.2 billion in 2018 to USD 5.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. The major growth drivers of the market include growing demand for API-led connectivity, and need for public and private APIs to accelerate digital transformation.
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