The global cloud API, management platforms, and middleware market are likely to reach USD 1,553.7 million by 2033, up from USD 1,077.0 million in 2023, advancing at a CAGR of 3.7% during the forecast period.
During the forecasting period, the development of Internet of things (IoT) holds the potential to expand new cloud API and management platforms and middleware opportunities, eventually increasing the market growth.
The market cloud API, management platforms, and middleware are expected to enhance in the coming years due to the rise in demand for high operational efficiency and DevOps automation among development engineers to shorten the time to market for product launches.
Moreover, it has been observed that a number of standalone API vendors (pure-plays) have been acquired by large-scale enterprises in order to capitalize on the opportunity in cloud API and management platforms and the middleware market in the long run.
| Attribute | Details |
|---|---|
| Market Value (2023) | USD 1,077.0 million |
| Market Anticipated Forecast Value (2033) | USD 1,553.7 million |
| Market Projected Growth Rate (2023 to 2033) | 3.7% |
The primary growth factor behind the rise of cloud API market is identified as the emergence of the Internet of Things. As connected devices increase with the rise of IoT, the need of analysis and monitoring of those devices are also increasing, which can be done though cloud APIs.
In addition to this, several start-ups and small-scale enterprises are adopting assemble from components methodology that enables end users to use APIs to connect apps to IT assets, resulting in growth in the usage of cloud APIs.
Owing to the widespread use of cloud computing and the rise in the business demand of micro-services, the cloud API and management platforms and middleware market is expected to grow. On the other hand, rise in digitization and intense adoption of analytics and cloud technologies are also having positive impact on the market.
Cloud API and management platforms and the middleware market are fast picking up due to the wide adoption of mobile and cloud applications for back-end services and the wide adoption of microservices-based architectures by enterprises.
These applications comprise small, independent processes that communicate via API, creating demand for cloud API and management platforms and middleware.
The challenge faced by the market is that many large-scale enterprises have applications with point-to-point integration, which is not well documented, thereby making integrating these applications with modern apps. Hence, if there is a restriction on the company's IT budget (spending), the companies tend to side-line services comprising cloud APIs.
Apart from this, the cloud API management solutions also offer additional services such as security, analytics, and platform add-ons such as bot prevention by stopping bad bot traffic, internet of thing APIs by building apps that connect to multiple devices, and monetization by offering flexible rate plans.
Cloud API and management platforms and middleware market share are currently dominated by the North American region and account for over 50% in 2022 on account of the increase in the use of cloud-based services. Due to the presence of advanced IT infrastructure, several significant players are operating in this area, shaping the market trends.
Additionally, during the projected period, North American nations' high IT expenditure capacity significantly contributes to the expansion of cloud API and management platforms and the middleware market in this region.
By 2022, Europe is anticipated to get hold of cloud API and management platforms and a middleware market share of 25.5% in 2022 as healthcare and government sectors are shifting towards the usage of cloud-based services.
The European Union (EU) Information and Communication Technology (ICT) sector contributed USD 644.75 billion to the market for cloud API and management platforms and middleware in 2015, indicating that it is experiencing a period of sustained expansion.
Business models vary throughout time, sometimes due to market shifts and other times due to technological advancements, which leads to the birth of exciting new trends.
Such cloud API and management platforms and middleware market trends are brought about by numerous start-ups that are emerging in the market lately.
Upbound is a cloud-native computing firm offering businesses a multi-cloud platform to combine various cloud environments into a single cloud environment.
Users can use multiple private and public cloud environments to run, scale, and optimize their services. It offers a platform for automation that enables businesses to create scalable cloud services. Cost optimization, capacity overflow, failover, policy enforcement, and portability between clouds are among the features.
Top companies in the cloud API and management platforms and middleware market are involved in various organic and inorganic strategies, including mergers and acquisitions, partnerships, and collaborations, thereby augmenting the market share.
A few of the recent developments in cloud API and management platforms and the middleware market are listed below:
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.7% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Enterprises, Industry, Region |
| Regions Covered | North America; Latin America; Asia Pacific; The Middle East and Africa; Europe |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Google; Software Inc.; IBM; Microsoft; TIBCO; Amazon Web Services, Inc.; Broadcom; Dell Inc.; Oracle; Salesforce; Axway; SAP SE; VMware, Inc.; Red Hat, Inc.; TWILIO INC.; UpCloud Ltd.; RACKSPACE US, INC.; Mulesoft, LLC; Informatica; Celigo, Inc.; Boomi, Inc. |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 4: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: Latin America Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 11: Western Europe Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 12: Western Europe Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Eastern Europe Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 15: Eastern Europe Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: East Asia Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Enterprise, 2018 to 2033
Table 24: Middle East and Africa Market Value (US$ Million) Forecast by Industry, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Industry, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 7: Global Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 13: Global Market Attractiveness by Enterprise, 2023 to 2033
Figure 14: Global Market Attractiveness by Industry, 2023 to 2033
Figure 15: Global Market Attractiveness by Region, 2023 to 2033
Figure 16: North America Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 17: North America Market Value (US$ Million) by Industry, 2023 to 2033
Figure 18: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 23: North America Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 24: North America Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 28: North America Market Attractiveness by Enterprise, 2023 to 2033
Figure 29: North America Market Attractiveness by Industry, 2023 to 2033
Figure 30: North America Market Attractiveness by Country, 2023 to 2033
Figure 31: Latin America Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 32: Latin America Market Value (US$ Million) by Industry, 2023 to 2033
Figure 33: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 43: Latin America Market Attractiveness by Enterprise, 2023 to 2033
Figure 44: Latin America Market Attractiveness by Industry, 2023 to 2033
Figure 45: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 46: Western Europe Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 47: Western Europe Market Value (US$ Million) by Industry, 2023 to 2033
Figure 48: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 52: Western Europe Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 58: Western Europe Market Attractiveness by Enterprise, 2023 to 2033
Figure 59: Western Europe Market Attractiveness by Industry, 2023 to 2033
Figure 60: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 61: Eastern Europe Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 62: Eastern Europe Market Value (US$ Million) by Industry, 2023 to 2033
Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 70: Eastern Europe Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 73: Eastern Europe Market Attractiveness by Enterprise, 2023 to 2033
Figure 74: Eastern Europe Market Attractiveness by Industry, 2023 to 2033
Figure 75: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 76: South Asia and Pacific Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 77: South Asia and Pacific Market Value (US$ Million) by Industry, 2023 to 2033
Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 88: South Asia and Pacific Market Attractiveness by Enterprise, 2023 to 2033
Figure 89: South Asia and Pacific Market Attractiveness by Industry, 2023 to 2033
Figure 90: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: East Asia Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 92: East Asia Market Value (US$ Million) by Industry, 2023 to 2033
Figure 93: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 97: East Asia Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 98: East Asia Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 100: East Asia Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 101: East Asia Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 102: East Asia Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 103: East Asia Market Attractiveness by Enterprise, 2023 to 2033
Figure 104: East Asia Market Attractiveness by Industry, 2023 to 2033
Figure 105: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 106: Middle East and Africa Market Value (US$ Million) by Enterprise, 2023 to 2033
Figure 107: Middle East and Africa Market Value (US$ Million) by Industry, 2023 to 2033
Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Enterprise, 2018 to 2033
Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Enterprise, 2023 to 2033
Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Enterprise, 2023 to 2033
Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by Industry, 2018 to 2033
Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by Industry, 2023 to 2033
Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by Industry, 2023 to 2033
Figure 118: Middle East and Africa Market Attractiveness by Enterprise, 2023 to 2033
Figure 119: Middle East and Africa Market Attractiveness by Industry, 2023 to 2033
Figure 120: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The growth potential of the market is 3.7% through 2033.
Budget limits drive enterprises to skip cloud API due to undocumented integrations.
North America is projected to lead the market.
Rapid adoption of mobile/cloud apps, and microservices in enterprises.
Cloud services adoption in healthcare and government sectors propels Europe’s growth.
Explore Similar Insights
Cloud API And Management Platforms And Middleware Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
