Global API Testing Market

Global API Testing Market was valued US$ 380.66 Mn in 2018 and is estimated to reach US$ US$ XX Mn by 2026 at a CAGR of about XX % during a forecast period.Global API Testing Market, By GeographyGlobal API Testing Market can be segmented into Component Type, Deployment Models, Vertical and Geography. On the basis of deployment model, global API testing market divided into on-premises, and cloud. The global API testing market is categorised on the basis ofcomponent into API testing software and API testing services. Vertical segment is classified into IT and telecommunication banking, financial services, and insurance, retail and ecommerce, media and entertainment, healthcare, manufacturing, government, and others. Geographically, Global API Testing Market is classified into North America, Asia Pacific, Latin America and Middle East and Africa.

Espousal of agile and devops practices for software development is one of the factor driving the API testing market. Adoption of modern techniques of application software enquires for modern testing methods such as the automated API testing. Along with the more complexities in the IT sector, key players are making starts in terms of capitals and time to invest on testing. Testing has been an essential part of the after development software process which provide the complete software solutions with quality standard.

By deployment type, the cloud-based solution is estimated to grow at the highest CAGR during the forecast period. Cloud-based solution has ease of deployment, improved service Testing-as-a-Service and reduced cost of ownership. Furthermore, on-premises API testing is projected to have a larger market share during the forecast period. This estimation can be attributed owing to the businesses refraining from adopting cloud-based platforms to test their API as baring the public and internal API .Cloud platform encompasses high data security risks.