At 19+% CAGR API Testing Market Potentially Worth $1,099.1 Million by 2022 Led by API Testing Tools/Software
PUNE, India, Sept. 14, 2017 /PRNewswire-iReach/ -- The API testing services segment is projected to grow at the highest rate in the API testing market during the forecast period. The growth in the API testing services segment is expected to be driven by the growing significance of partnerships between the software development teams and the Quality Assurance (QA) services or an offshore QA teams. The API testing tools/software segment is expected to hold the largest market share in the API testing software market during the forecast period. Browse 73 Market Data Tables and 30 Figures spread through 124 Pages and in-depth TOC on "API Testing Market by Component (API Testing Software/Tools and API Testing Services), Deployment Type (Cloud Based and On-Premises), Vertical, and Region - Global forecast to 2022" http://www.reportsnreports.com/reports/1184165-api-testing-market-by-component-api-testing-software-tools-and-api-testing-services-deployment-type-cloud-based-and-on-premises-vertical-and-region-global-forecast-to-2022.html .
The API testing market in APAC is expected to grow at the highest rate during the forecast period. APAC is expected to grow at the highest CAGR during the forecast period, as the region has the presence of creditable organizations that are gradually enabling the embracement of advance technologies. In Japan, China, and India, the adoption of API testing solutions has primarily been gaining competitive advantage over the others, to enable the continuous delivery of software development. North America is expected to hold the largest market share in the API testing market during the forecast period.
In the API testing market, the BFSI vertical is expected to grow at the highest rate during the forecast period. Adoption of Agile and Dev Ops practices for software development is driving the API testing market. However, data policies and regulations about API testing is one of the restraining factors that may hamper business critical functions in the API testing market.
The On-Premises deployment is expected to hold the largest market share in the API testing market during the forecast period. This is due to businesses refraining from adopting cloud-based platforms to test their APIs, as exposing the public and internal APIs to cloud platform involves high data security risks. The cloud-based deployment type is expected to have the highest growth rate in the API testing market during the forecast period.
This research study is obliging for following audience:
1. API platform providers
2. API testing service provider
3. Software testing solution providers
4. Quality assurance solution and services providers
5. Communication service providers
6. Managed service providers
7. Third-party system integrators
8. Regulatory agencies
9. Government
The key vendors in the API testing market are IBM, Micro Focus (Formerly HPE), Smart Bear Software, Para soft Corporation, Tricentis, Cigniti, CA Technologies, Infosys, Oracle (Apiary), Quality Logic, Runscope and Bleum. Inquire for Discount on "API Testing Market by Component (API Testing Software/Tools and API Testing Services), Deployment Type (Cloud Based and On-Premises), Vertical, and Region - Global forecast to 2022" research report at http://www.reportsnreports.com/contacts/discount.aspx?name=1184165 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (27%), Tier 2 (31%), and Tier 3 (42%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level Executives (35%), Director Level (40%), and Others (25%) from various key organizations operating in the global API testing market. The primary interviews were conducted worldwide covering regions such as North America (42%), Europe (34%), and Asia-Pacific (24%).
Research Coverage: The API testing market has been segmented on the basis of component, deployment type, vertical, and region. A detailed analysis of the key industry players has been done to provide key insights into their business overview, products and services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and competitive landscape associated with the API testing market.
Another research titled eGRC Market Global Forecast to 2022 says, the eGRC market is expected to grow from $22.14 billion in 2017 to $43.87 billion by 2022, at a CAGR of 14.7%. Integration service segment is expected to have the largest market share during the forecast period. Finance business function is expected to have the largest market size during the forecast period. Asia Pacific (APAC) is expected to witness the highest growth rate during the forecast period. Companies such as Microsoft (Washington, US), BWise (Rosmalen, Netherlands), SAS Institute Inc. (North Carolina, US), IBM Corporation (New York, U.S.), FIS (Florida, US), Thomson Reuters (New York, US), Wolters Kluwer (Alphen aan den Rijn, Netherlands), MetricStream Inc. (California, US), EMC Corporation (Massachusetts, US), Oracle (California, US), SAP SE (Walldorf, Germany) have been profiled in this 143 pages research report available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1128080 .
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