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Discover the Global API testing market forecast to 2024

Global API Testing Market By Geography; Deployment Model (On-Premises, Cloud); Component (API Testing Tools/Software, API Testing Services); Vertical (IT and Telecommunication Banking, Financial Services, and Insurance, Retail and Ecommerce, Media and Entertainment, Healthcare, Manufacturing, Government) – Industry Trends and Forecast to 2024

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Global API Testing Market accounted for USD 405.02 billion in 2016 growing at a CAGR of 21.01% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

This report consists of below pages:
• No of pages : 350
• No of Figures: 60
• No of Tables:250

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Market Definition:

API stands for application program interface. It deals with access to the application without a user interface through collective form of software function and procedures.

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API software is less time consuming than that of GUI testing. XML or JSON can be used to exchange data which are language independent.

It has its wide application in IT and telecommunication banking, financial services, and insurance, retail and ecommerce, media and entertainment, healthcare, manufacturing, government. Adoption of open API strategies in businesses may act as a major driver in the growth of global API testing market.

On the other hand, data regulations and policies may hinder the market.
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Competitive Analysis :

The report for global API testing include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.   

Major Market Competitors :

Some of the major players of the global API testing market are Astegic, Axway, Bleum, CA Technologies, Cigniti Technologies, Cygnet Infotech, IBM, Inflectra Corporation, Infosys, Load Impact, LogiGear Corporation, Micro Focus, Nevatech, Oracle Parasoft Corporation, Tricentis, Vector Software, and others. 

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Major Market Drivers & Restraints:

  • Businesses adopting open API strategies.
  • Adoption of Agile Practices for Software Development
  • Data Regulations and Policies

Market Segmentation:

On the basis of deployment model, global API testing market is further segmented into on-premises, and cloud.

The global API testing market is segmented on the basis of component into API testing tools/software, API testing services. The API testing services segment is further sub segmented on the basis of type into managed services, and professional services

On the basis of vertical, the global API testing market is segmented into IT and telecommunication banking, financial services, and insurance, retail and ecommerce, media and entertainment, healthcare, manufacturing, government, and others.

On the basis of geography, global API testing market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market. 

How do we Work?

Our Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.

Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your enquiry.

Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.

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