Global API Testing Market Overview
According to SPER Market Research, the Global API Testing Market is estimated to reach USD 6.98 billion by 2032 with a CAGR of 20.62%.
Application programming interfaces (APIs) are tested both directly and as part of integration testing to see whether they meet requirements for functionality, dependability, performance, and security. This sort of software testing is called as API testing. The message layer is where API testing is done because APIs don't have a graphical user interface (GUI). Since GUI tests are challenging to maintain given the short release cycles and rapid changes typical of Agile software development and DevOps, APIs are now the major interface to application functionality and are deemed essential for automating testing.
The adoption of agile and DevOps processes for software development, open API strategy, and an increase in the use of AI, machine learning, and Internet of Things technologies are just a few of the drivers driving the predicted growth of the global API testing market. The market will expand as more people become aware of the many advantages, including the protection from malicious code and breakage, the ease with which applications can be accessed without user interference, the reduced cost of testing, and the growing demand for more performance testing of software. Businesses have adopted technology quickly, creating a complicated structure that calls for the need for an upgraded API testing tool. A rise in the need for testing and quality assurance teams, as well as the adoption of AI-related skill sets, is also being brought on by the adoption of an open API strategy. Among the new skill sets that are irreplaceable are learning data science, statistics, and math. However, this will lead to enterprises having a cost-effective testing programme and organisations acquiring enhanced API testing.
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Impact of COVID-19 on the Global API Testing Market
The COVID-19 epidemic caused a significant on Global API Testing Market. Most sectors around the world have been badly impacted by the COVID-19 pandemic epidemic. The supply chain for network equipment and electronic components has also been hampered by efforts to restrict and stop the movement of non-essential resources and goods in many nations. Spending on technology consulting and system integration services is also temporarily slowing down and is anticipated to fall. However, it is projected that most areas of the industry will experience a decline. The weakest sector is probably that of IT and equipment investment, followed by system integration and technology spending. Fortunately, businesses continue to anticipate rising demand for cloud infrastructure services and increased spending on specialised software.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Deployment Type, By Component, By Vertical.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Bleum, CA Technologies, Centrify Corporation, Cigniti, IBM Corporation, Infosys, Micro Focus, Oracle Corporation, Parasoft, Qualitylogic, Runscope, Smartbear Software, Tricentis.
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Global API Testing Market Segmentation:
1. By Deployment Type:
2. By Component:
3. By Vertical:
- Telecommunication and IT
- Banking, Financial Services, and Insurance
- Retail and Ecommerce
- Media and Entertainment
- Healthcare
- Manufacturing
- Government
- Others
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global API Testing Market (FY’2019-FY’2032)
- Overview of Global API Testing Market
- Segmentation of Global API Testing Market By Deployment Type (On-Premises, Cloud)
- Segmentation of Global API Testing Market By Component (API Testing Tools/Software, API Testing Services)
- Segmentation of Global API Testing Market By Vertical (Telecommunication and IT, Banking, Financial Services, and Insurance, Retail and Ecommerce, Media and Entertainment, Healthcare, Manufacturing, Government, Others)
- Statistical Snap of Global API Testing Market
- Growth Analysis of Global API Testing Market
- Problems and Challenges in Global API Testing Market
- Competitive Landscape in the Global API Testing Market
- Impact of COVID-19 and Demonetization on Global API Testing Market
- Details on Recent Investment in Global API Testing Market
- Competitive Analysis of Global API Testing Market
- Major Players in the Global API Testing Market
- SWOT Analysis of Global API Testing Market
- Global API Testing Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global API Testing Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global API Testing Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global API Testing Market
7. Global API Testing Market, By Deployment Type, 2019-2032 (USD Million)
7.1. On-Premises
7.2. Cloud
8. Global API Testing Market, By Component, 2019-2032 (USD Million)
8.1. On-Premises
8.2. Cloud
9. Global API Testing Market, By Vertical, 2019-2032 (USD Million)
9.1. Telecommunication and IT
9.2. Banking, Financial Services, and Insurance
9.3. Retail and Ecommerce
9.4. Media and Entertainment
9.5. Healthcare
9.6. Manufacturing
9.7. Government
9.8. Others
10. Global API Testing Market, By Region, 2019-2032 (USD Million)
10.1. Global API Testing Market Size and Market Share by Region (2019-2025)
10.2. Global API Testing Market Size and Market Share by Region (2026-2032)
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. United Kingdom
10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa
10.6. North America
10.6.1. Canada
10.6.2. Mexico
10.6.3. United States
10.7. Latin America
10.7.1. Argentina
10.7.2. Brazil
10.7.3. Rest of Latin America
11. Company Profiles
11.1. Bleum
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. CA Technologies
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Centrify Corporation
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Cigniti
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. IBM Corporation
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Infosys
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Micro Focus
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Oracle Corporation
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Parasoft
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Qualitylogic
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Runscope
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments
11.12. Smartbear Software
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments
11.13. Tricentis
11.13.1. Company details
11.13.2. Financial outlook
11.13.3. Product summary
11.13.4. Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
