Telecommunications News
Telecommunications News
Press release distribution service

Home > Telecom Services Search Engine                                 

Telecommunication News

API Testing Market worth 1099.1 Million USD by 2022
(Telecom-NewsWire.Net, October 08, 2019 ) According to new research report "API Testing Market by Component (API Testing Software/Tools and API Testing Services), Deployment Type (Cloud Based and On-Premises), Vertical, and Region - Global Forecast to 2022", the global API testing market size is expected to grow from USD 447.4 Million in 2017 to USD 1,099.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.69% during the forecast period.

Adoption of Agile and DevOps practices for software development and open API strategies by businesses are some of the driving factors of the API testing market.

Browse 73 Market Data Tables and 30 Figures spread through 124 Pages and in-depth TOC on "API Testing Market"
Early buyers will receive 10% customization on this report.

Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227082545

API Testing Tools/Software is expected to play key role in the API Testing market by 2022

API Testing Tools/Software is projected to hold the largest market share in the API testing component market during the forecast period, as the API testing tools segment encompasses all the software testing tools that enable API testing at the business layer of a software application. Deployed on-premises, on-cloud or on-private cloud, these tools help software teams to test API’s functionality, performance, and security to ensure the quality and timely delivery of the software. The API testing services segment has the highest market growth rate during the forecast period.

BFSI sector is expected to record the highest growth rate

In the API testing market, the BFSI vertical is expected to grow at the highest rate during the forecast period. The Open API movement in the banking industry which exposes a wide range of banking APIs with other businesses is driving the API test market.

North America is expected to contribute the largest market share in the API testing market

North Americais expected to hold the largest market share in the API testing market during the forecast period, as APIs enable businesses across industries to monetize their services by exposing their APIs to the external world. North America is at the forefront in the adoption of such APIs that enable businesses to create value by offering their APIs. APAC is expected to grow at the highest CAGR during the forecast period, as the region has the presence of creditable organizations that are gradually enabling the embracement of advance technologies.

Major vendors in the API testing market are Astegic (Virginia, US), Axway (Arizona, US), Bleum (Shanghai, China), CA Technologies (New York, US), Cigniti Technologies (Hyderabad, India), Cygnet Infotech (Ahmedabad, India), IBM (New York, US), Inflectra Corporation (Maryland,US), Infosys (Bengaluru, India), Load Impact (Stockholm, Sweden), LogiGear Corporation (California, US), Micro Focus(Formerly HPE) (Berkshire, UK), Nevatech (Georgia, US), Oracle (Apiary) Corporation (California, US), Parasoft Corporation (California, US), QASource (California, US), QSG Technologies (Bengaluru, India), QualityLogic (Idaho, US), SmartBear Software (Massachusetts, US), SendGrid, Inc. (Colorado, US), Sybrant Technologies (Chennai, India), Runscope (California, US), Trantor (California, US), Tricentis (Vienna, Austria), and Vector Software (Rhode Island, US).


MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Wireless & Cell Phones
  • Cell Phone News
  • Bluetooth
  • Best Video Phones
  • Camera Phones
  • Accessories
  • Flip Phones
  • Best GPS Phones
  • Smart Phones
  • Telecom Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    RFID Business Value - Making the Case for RFID
    The 2008 Enterprise Mobility Benchmark Report
    MissionCritical Communications

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Telecom-Newswire.Net is a telecom news service of GroupWeb Media LLC