Application Programming Interface (API) Security Market Size and Share Forecast Outlook

The revenue generated by the application programming interface (API) security market was USD 560.2 million in 2023 and is projected to increase to USD 760.8 million in 2024. The demand for API security is anticipated to soar at an astounding CAGR of 32.8% between 2024 and 2034, achieving USD 12,980.0 million by 2034 because of the increasing frequency of harmful attacks on APIs.

Emerging technologies like AI and cloud computing drive the demand for API security solutions. This allows API security suppliers to create creative solutions that satisfy the demands of API security companies using these new technologies.

Many companies need to learn how to use API management tools or know the advantages of API security. One of the main obstacles to the global application programming interface (API) security market expansion is ignorance and lack of awareness.

Attributes Details
Market Value for 2024 USD 760.8 million
Market Size for 2034 USD 12,980.0 million
Market CAGR from 2024 to 2034 32.8%

Key Drivers Fueling Growth in the API Security Market

An Upsurge in API Adoption:

As APIs are used more widely in various industries to provide smooth communication and integration between a range of services and applications, there is an increased chance of security risks. The growing use cases and the vital role that APIs play in contemporary software development are the driving forces behind the application programming interface (API) security market growth.

Digital Transformation Campaigns:

Organizations worldwide are experiencing digital transformation to improve productivity, creativity, and customer experiences. Due to this, there is a greater reliance on APIs to link heterogeneous systems and provide digital services. API security is crucial for protecting private information and maintaining the integrity of digital ecosystems.

Growing Intricacy of Cyberthreats:

Attackers are always developing new strategies to exploit weaknesses, making cyber threats more complex. Since APIs are a desirable target for cybercriminals, enterprises must employ sophisticated security measures to identify and stop attacks and vulnerabilities connected to APIs. This factor surges the sales of application programming interface (API) security.

Attributes Details
Market Value for 2019 USD 160.0 million
Market Size for 2023 USD 560.2 million
Market CAGR from 2019 to 2023 36.8%

Restraints Impacting API Security Technology Adoption

The ever-changing nature of cybersecurity threats challenges API security. Security solutions fail to keep up with the rapid emergence of new attack avenues and advanced threats, inhibiting the application programming interface (API) security market growth.

Due to restricted resources and budgetary constraints, organizations cannot invest in reliable API security solutions, compromising security and hampering the application programming interface (API) security market expansion.

Balancing user-friendliness and implementing strong security measures are difficult. While adequate security results in vulnerabilities, more stringent security measures make APIs less functional.

Category-wise Insights in the API Security Market

The segmented market analysis of application programming interface (API) security is included in the following subsection. Based on comprehensive studies, the platform and solutions sector is leading the offering category, and the BFSI segment is commanding the vertical category.

Platform and Solutions Sector to Expand at a CAGR of 32.5% Through 2034

The platform and solutions segment is expected to accelerate at a CAGR of 32.5% through 2034. In light of the following, this dominance makes sense:

Top Segment Platform and Solutions
Segment HCAGR 36.6%
  • API security platforms and solutions provide thorough frameworks that guarantee a comprehensive approach to protecting digital assets.
  • By adopting platforms and solutions, businesses implement standardized security controls that guarantee uniformity and compliance throughout their API ecosystem.
  • Platforms and solutions are the go-to options because of their scalability and versatility in handling changing security concerns, surging the sales of application programming interface security solutions.

The BFSI Sector is Likely to Advance at a CAGR of 32.3% Through 2034

The BFSI segment is anticipated to develop at a CAGR of 32.3% from 2024 to 2034. Several factors about the preference:

Top Segment BFSI
Segment HCAGR 36.4%
  • Government rules in the BFSI sector demand strict API security measures to control financial fraud and data breaches, solidifying the industry's dedication to strong security protocols.
  • As financial institutions work to preserve client trust in an increasingly digital environment, API security becomes essential due to the fintech industry's constant innovation and the growing acceptance of digital banking. This is anticipated to surge the application programming interface security market expansion.
  • Positioning API security as a top priority becomes strategically necessary to reduce risks and maintain the resilience of financial ecosystems as the BFSI sector responds to rapidly changing cyber threats.

Analysis of Top Countries Regulating and Adopting API Security

The application programming interface security market can be observed in the subsequent tables, focusing on the leading economies in Japan, China, South Korea, the United Kingdom, and the United States.

A comprehensive evaluation demonstrates that Japan has enormous opportunities due to its resilient application programming interface (API) security manufacturers.

API Security Market in Japan

The Japan application programming interface (API) security market is expected to develop at a 34.1% CAGR through 2034. This expansion is sustained by:

Nation Japan
Market Size (2034) USD 1,448.4 million
  • API security adoption in industrial processes is rising due to Japan's commitment to Industry 4.0, which has increased attention to the security of these interfaces against cyber threats.
  • With a focus on protecting connected devices and guaranteeing the integrity of data flows, API security conversations are shaped by Japan's leadership in IoT adoption.
  • The convergence of contemporary digital developments and traditional business practices in Japan generates a distinct API security environment that calls for customized solutions that compromise innovation and risk reduction.

API Security Market in South Korea

Through 2034, the South Korea application programming interface (API) security market is predicted to flourish at a 34.0% CAGR. Below is an outline of this:

Nation South Korea
Market Size (2034) USD 842.1 million
  • The demand for application programming interface (API) security solutions to protect vital infrastructure and communication networks is rising due to South Korea's emphasis on adopting 5G technologies.
  • The growing digital transformation trend in South Korea pushes enterprises to focus on API security as they connect varied applications and services.
  • The emergence of fintech innovation in South Korea has led to increased cybersecurity risks related to APIs, which has prompted increased awareness and investments in strong security measures.

API Security Market in China

Through 2034, the China application programming interface (API) security market is projected to expand at a strong rate of 33.6% CAGR. This is clarified by:

Country China
Market Size (2034) USD 2,115.3 million
  • China's growing e-commerce and online payment sectors are propelling the demand for application programming interface security solutions that guarantee the integrity and confidentiality of transactional data.
  • The adoption of API security in protecting sensitive data and deterring cyber threats is increasing in China due to the country's fast digitization and extensive usage of mobile applications.
  • Incorporating artificial intelligence (AI) and cloud technologies into China's tech environment affects API security tactics and calls for flexible solutions to counteract changing cyber threats.

API Security Market in the United Kingdom

Through 2034, the United Kingdom application programming interface (API) security market is anticipated to evolve at a 33.4% CAGR. The following sources support this expansion:

Nation The United Kingdom
Market Size (2034) USD 529.4 million
  • The adoption of API security measures is driven by the United Kingdom's emphasis on open banking and data-sharing efforts, which aim to protect the confidentiality and integrity of financial data.
  • The United Kingdom's API security landscape is shaped by integrating APIs into healthcare systems, emphasizing safeguarding private patient information and ensuring that industry rules are followed.
  • Organizations in the United Kingdom are forced to reevaluate and fortify their API security measures to conform to the changing regulatory environment due to the impact of Brexit on data protection legislation.

API Security Market in the United States

Through 2034, the United States application programming interface (API) security market is anticipated to endure at a 32.9% CAGR. This is explained as follows:

Nation The United States
Market Size (2034) USD 2,279.0 million
  • The growing adoption of cloud-native applications and microservices architecture, which calls for sophisticated defense against potential vulnerabilities, contrives the United States application programming interface security market.
  • The United States networked critical infrastructure makes application programming interface security increasingly more important, emphasizing thwarting any cyber threats that interfere with vital services.
  • Organizations are pushed to implement creative API security solutions to protect sensitive financial data due to the financial sector, increasing its awareness of API-related cyber dangers.

Competitive Landscape of the API Security Market

The market has a dynamic competitive environment, and key API security suppliers influence its development. Manufacturers of application programming interface security, such as Symantec, Palo Alto Networks, and IBM, are using their vast experience to offer reliable API security solutions.

Prominent API security businesses such as Imperva and Akamai Technologies substantially contribute by providing all-encompassing security services. Pioneering application programming interface security providers such as 42Crunch and Salt Security disrupt established conventions in the market with their fresh ideas and agility.

Strategic alliances and collaborations characterize the competitive ecosystem as businesses look to improve their capacities and tackle changing security issues. Advanced threat detection and prevention strategies are always sought in the application programming interface security market, and every vendor is vying for a significant share with a distinct value offer.

With the ever-changing digital landscape, these leading API security companies negotiate the competitive landscape to maintain the resilience and integrity of API ecosystems.

Notable Advancements

Company Details
Noname Security Noname Security, a United States-based company, and MindPoint Group, a cybersecurity consulting firm, entered a strategic partnership in April 2023. They created a sophisticated API security framework with a safe OVA deployment structure. Through this partnership, customers can quickly secure their API inventory and ensure the platform is secure by design.
Salt Security, Inc. To highlight the growing significance of API security, Salt Security, Inc. worked with API testing leaders in August 2023 to enhance API security capabilities. The goal was to increase threat detection and mitigation within APIs.
Google Google (Apigee) (United States) unveiled Apigee Advanced API Security in June 2022. The foundation of this extensive suite of API security capabilities is Apigee, Google's platform for managing APIs. Using Advanced API Security, organizations better identify and mitigate security threats within their APIs.
Imperva Imperva (United States) launched Imperva API Security in March 2022, providing data classification and continuous API discovery. This software guarantees data protection and visibility for both cloud-native and legacy applications. It can be used as a stand-alone solution or with Imperva Cloud Web Application Firewall (WAF) to efficiently safeguard APIs in developer environments vulnerable to security flaws and unintentional exposure.

Top Application Programming Interface Security Providers

  • IBM
  • Imperva
  • Wallarm
  • Salt Security
  • Google
  • Oracle
  • Software AG
  • Axway
  • MuleSoft
  • Microsoft
  • Akana
  • Moesif
  • Avanan
  • Cequence Security
  • Data Theorem API

Top Segments Studied in the API Security Market Research Report

By Offering:

  • Platform and Solutions
  • Services

By Vertical:

  • BFSI
  • Government
  • IT and Telecom
  • Manufacturing
  • Retail and E-commerce
  • Media and Entertainment
  • Healthcare
  • Energy and Utilities
  • Others

By Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

By Deployment Mode:

  • Cloud
  • On-premise
  • Hybrid

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Asia

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Offering
    • 5.1. Platform & Solutions
    • 5.2. Services
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vertical
    • 6.1. BFSI
    • 6.2. Government
    • 6.3. IT & Telecom
    • 6.4. Manufacturing
    • 6.5. Retail & Ecommerce
    • 6.6. Media & Entertainment
    • 6.7. Healthcare
    • 6.8. Energy & Utilities
    • 6.9. Others
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Organization Size
    • 7.1. Large Enterprises
    • 7.2. Small & Medium Enterprises
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Deployment Mode
    • 8.1. Cloud
    • 8.2. On-premise
    • 8.3. Hybrid
  • 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 9.1. North America
    • 9.2. Latin America
    • 9.3. Western Europe
    • 9.4. Eastern Europe
    • 9.5. South Asia and Pacific
    • 9.6. East Asia
    • 9.7. Middle East and Africa
  • 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 17. Key Countries Market Analysis
  • 18. Market Structure Analysis
  • 19. Competition Analysis
    • 19.1. Google LLC (Alphabet Inc.)
    • 19.2. Salt Security Inc.
    • 19.3. Noname Security
    • 19.4. Akamai Technologies, Inc.
    • 19.5. Data Theorem, Inc.
    • 19.6. Axway Software SA
    • 19.7. Imperva, Inc.
    • 19.8. Traceable Inc.
    • 19.9. Palo Alto Networks, Inc.
    • 19.10. Fortinet, Inc.
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 4: Global Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 6: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 8: North America Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 10: North America Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 11: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 12: Latin America Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 14: Latin America Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 16: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 17: Western Europe Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 18: Western Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 19: Western Europe Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 20: Western Europe Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 21: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 22: Eastern Europe Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 23: Eastern Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 24: Eastern Europe Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 26: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 27: South Asia and Pacific Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 28: South Asia and Pacific Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 29: South Asia and Pacific Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 30: South Asia and Pacific Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 31: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: East Asia Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 33: East Asia Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 34: East Asia Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 35: East Asia Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

Table 36: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 37: Middle East and Africa Market Value (US$ Million) Forecast by Offering, 2019 to 2034

Table 38: Middle East and Africa Market Value (US$ Million) Forecast by Vertical, 2019 to 2034

Table 39: Middle East and Africa Market Value (US$ Million) Forecast by Organization Size, 2019 to 2034

Table 40: Middle East and Africa Market Value (US$ Million) Forecast by Deployment Mode, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Offering, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 4: Global Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 5: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 6: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 9: Global Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 13: Global Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 14: Global Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 15: Global Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 16: Global Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 17: Global Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 18: Global Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 19: Global Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 20: Global Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 21: Global Market Attractiveness by Offering, 2024 to 2034

Figure 22: Global Market Attractiveness by Vertical, 2024 to 2034

Figure 23: Global Market Attractiveness by Organization Size, 2024 to 2034

Figure 24: Global Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 25: Global Market Attractiveness by Region, 2024 to 2034

Figure 26: North America Market Value (US$ Million) by Offering, 2024 to 2034

Figure 27: North America Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 28: North America Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 29: North America Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 30: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 31: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 34: North America Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 37: North America Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 38: North America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 39: North America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 40: North America Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 41: North America Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 42: North America Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 43: North America Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 44: North America Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 45: North America Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 46: North America Market Attractiveness by Offering, 2024 to 2034

Figure 47: North America Market Attractiveness by Vertical, 2024 to 2034

Figure 48: North America Market Attractiveness by Organization Size, 2024 to 2034

Figure 49: North America Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 50: North America Market Attractiveness by Country, 2024 to 2034

Figure 51: Latin America Market Value (US$ Million) by Offering, 2024 to 2034

Figure 52: Latin America Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 53: Latin America Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 54: Latin America Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 55: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 56: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 57: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 58: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 59: Latin America Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 60: Latin America Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 61: Latin America Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 62: Latin America Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 65: Latin America Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 66: Latin America Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 67: Latin America Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 68: Latin America Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 69: Latin America Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 70: Latin America Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 71: Latin America Market Attractiveness by Offering, 2024 to 2034

Figure 72: Latin America Market Attractiveness by Vertical, 2024 to 2034

Figure 73: Latin America Market Attractiveness by Organization Size, 2024 to 2034

Figure 74: Latin America Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 75: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 76: Western Europe Market Value (US$ Million) by Offering, 2024 to 2034

Figure 77: Western Europe Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 78: Western Europe Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 79: Western Europe Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 80: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 81: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 82: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 83: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 84: Western Europe Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 85: Western Europe Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 86: Western Europe Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 87: Western Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 88: Western Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 89: Western Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 90: Western Europe Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 91: Western Europe Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 93: Western Europe Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 94: Western Europe Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 95: Western Europe Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 96: Western Europe Market Attractiveness by Offering, 2024 to 2034

Figure 97: Western Europe Market Attractiveness by Vertical, 2024 to 2034

Figure 98: Western Europe Market Attractiveness by Organization Size, 2024 to 2034

Figure 99: Western Europe Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 100: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 101: Eastern Europe Market Value (US$ Million) by Offering, 2024 to 2034

Figure 102: Eastern Europe Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 103: Eastern Europe Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 104: Eastern Europe Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 105: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 106: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 110: Eastern Europe Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 111: Eastern Europe Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 112: Eastern Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 113: Eastern Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 114: Eastern Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 115: Eastern Europe Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 116: Eastern Europe Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 117: Eastern Europe Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 118: Eastern Europe Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 119: Eastern Europe Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 120: Eastern Europe Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 121: Eastern Europe Market Attractiveness by Offering, 2024 to 2034

Figure 122: Eastern Europe Market Attractiveness by Vertical, 2024 to 2034

Figure 123: Eastern Europe Market Attractiveness by Organization Size, 2024 to 2034

Figure 124: Eastern Europe Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 125: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 126: South Asia and Pacific Market Value (US$ Million) by Offering, 2024 to 2034

Figure 127: South Asia and Pacific Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 128: South Asia and Pacific Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 129: South Asia and Pacific Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 130: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 131: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 132: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: South Asia and Pacific Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 138: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 139: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 140: South Asia and Pacific Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 141: South Asia and Pacific Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 142: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 143: South Asia and Pacific Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 144: South Asia and Pacific Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 145: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 146: South Asia and Pacific Market Attractiveness by Offering, 2024 to 2034

Figure 147: South Asia and Pacific Market Attractiveness by Vertical, 2024 to 2034

Figure 148: South Asia and Pacific Market Attractiveness by Organization Size, 2024 to 2034

Figure 149: South Asia and Pacific Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 150: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 151: East Asia Market Value (US$ Million) by Offering, 2024 to 2034

Figure 152: East Asia Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 153: East Asia Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 154: East Asia Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 155: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 156: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 157: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 158: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 159: East Asia Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 160: East Asia Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 161: East Asia Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 162: East Asia Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 163: East Asia Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 164: East Asia Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 165: East Asia Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 166: East Asia Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 167: East Asia Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 168: East Asia Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 169: East Asia Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 170: East Asia Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 171: East Asia Market Attractiveness by Offering, 2024 to 2034

Figure 172: East Asia Market Attractiveness by Vertical, 2024 to 2034

Figure 173: East Asia Market Attractiveness by Organization Size, 2024 to 2034

Figure 174: East Asia Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 175: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 176: Middle East and Africa Market Value (US$ Million) by Offering, 2024 to 2034

Figure 177: Middle East and Africa Market Value (US$ Million) by Vertical, 2024 to 2034

Figure 178: Middle East and Africa Market Value (US$ Million) by Organization Size, 2024 to 2034

Figure 179: Middle East and Africa Market Value (US$ Million) by Deployment Mode, 2024 to 2034

Figure 180: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 182: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 183: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 184: Middle East and Africa Market Value (US$ Million) Analysis by Offering, 2019 to 2034

Figure 185: Middle East and Africa Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034

Figure 186: Middle East and Africa Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034

Figure 187: Middle East and Africa Market Value (US$ Million) Analysis by Vertical, 2019 to 2034

Figure 188: Middle East and Africa Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034

Figure 189: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034

Figure 190: Middle East and Africa Market Value (US$ Million) Analysis by Organization Size, 2019 to 2034

Figure 191: Middle East and Africa Market Value Share (%) and BPS Analysis by Organization Size, 2024 to 2034

Figure 192: Middle East and Africa Market Y-o-Y Growth (%) Projections by Organization Size, 2024 to 2034

Figure 193: Middle East and Africa Market Value (US$ Million) Analysis by Deployment Mode, 2019 to 2034

Figure 194: Middle East and Africa Market Value Share (%) and BPS Analysis by Deployment Mode, 2024 to 2034

Figure 195: Middle East and Africa Market Y-o-Y Growth (%) Projections by Deployment Mode, 2024 to 2034

Figure 196: Middle East and Africa Market Attractiveness by Offering, 2024 to 2034

Figure 197: Middle East and Africa Market Attractiveness by Vertical, 2024 to 2034

Figure 198: Middle East and Africa Market Attractiveness by Organization Size, 2024 to 2034

Figure 199: Middle East and Africa Market Attractiveness by Deployment Mode, 2024 to 2034

Figure 200: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

What is the Current Application Programming Interface (API) Security Market Valuation?

The application programming interface security market to secure a valuation of USD 760.8 million in 2024.

How Big Can the Application Programming Interface (API) Security Market Be by 2034?

The API security market is estimated to reach USD 12,980.0 million by 2034.

What is the Growth Potential of the Application Programming Interface (API) Security Market?

Through 2034, the application programming interface security market is anticipated to expand at a 32.8% CAGR.

What Was the Historical Outlook of The Application Programming Interface (API) Security Market?

From 2019 to 2023, the application programming interface security market recorded a 36.8% CAGR.

Which Offering Segment to Dominate in the Application Programming Interface (API) Security Market?

The platform and solutions sector is likely to advance at a CAGR of 32.5% from 2024 to 2034.

Which Vertical Segment to Lead the Application Programming Interface (API) Security Market?

The BFSI sector is anticipated to develop at a CAGR of 32.3% between 2024 and 2034.

Explore Digital Transformation Insights

Future Market Insights

Application Programming Interface (API) Security Market