Api Management Market Size To Hit Usd 93.19 Billion By 2032; Rising Investment In Cloud Solutions To Propel Growth: The Brainy Insights

The Brainy Insights estimates that the API management market will grow from USD 4.56 billion in 2022 to USD 93.19 billion by 2032. The North American region is the most significant global API Management market, with a revenue share of 43.10% in 2022. Factors driving the growth of the API management market include the rise in internet use, investments in cloud technology, adoption of cloud technologies, IoT, etc. The on-premises segment is expected to augment the market during the forecast period.