Market Highlights
The growth of cloud technology has substantially impacted the global cloud API market. Market Research Future has discovered through intensive research that, the global cloud API market is poised to grow at a CAGR of 20% during the review period from 2016 to 2022. Cloud API or cloud application programming interface (API) is a type of API which allows the development of applications and other solutions as well as services for the provisioning of cloud hardware, software, and platforms. Essentially cloud API is a key component of any public cloud solution and is indispensable for the same.
Cloud APIs are available according to service or solution and include infrastructure as a service, software as a service, and platform as a service. Each performs vital functions in an enterprise and overall have been witnessing high adoption rates across the globe. The increasing focus on improving operational efficiency and reducing operational costs has been a significant boost to the growth of the global cloud API market. IaaS API's provide storage and raw computing, while SaaA APIs provide connectivity and software interaction, each API playing an important role. This has made it easier for small and medium enterprises to use these APIs as they do not require infrastructure and can be tailored to suit enterprise needs. The fact that cloud APIs are highly flexible is a huge advantage which encourages the market's growth. Additionally, the increasing number of applications being built using microservices architectural design is a major driver of the market. With new developer tools being launched and a strong presence of market players which are cornering niche cloud platform providers are expected to improve the market's opportunities in the future.
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Segmentation:
The global cloud API market has been segmented into 3 key components. These have been determined on the basis of end-users, verticals, and region. End-users of cloud API include large enterprises and small & medium enterprises.
Verticals, where cloud APIs are extensively employed, include BFSI, healthcare, manufacturing, IT & telecommunication, education, media & entertainment, and others.
The key regions covered in MRFR's report on the global cloud API market include North America, Asia Pacific, Europe, and the Rest of the World.
Regional Analysis
Due to the presence of many market players and the advanced nature of the regions technological adoption, the North American market has secured a leadership position for itself in the global cloud API market. Microservices are being adopted on a wide scale by organizations of every size in the region. Europe follows North America and has the second largest share of the global cloud API market.
The Asia Pacific is projected to witness high potential for growth and offer the global market a number of opportunities in the coming years. China, Japan, and India are just some of the leading countries in the region where implementation of cloud API is happening increasingly. Increased demand for operational efficiency in the region's enterprises will likely be a significant source of market growth.
Key Players
TIBCO Software Inc., Microsoft Corporation, CA Technologies Inc., VMware, Inc., Red Hat, Inc., International Business Machines Corporation, Oracle Corporation, Amazon Web Services, and Google Inc. are among the prominent players present in the global cloud API market. These players have been analyzed for their role in the market's competitive profile, and their successful growth strategies have been identified and recorded in MRFR's report.
Latest Industry News
- Kong Inc has released Kong 1.0 which is the latest version of its API gateway which focuses on hybrid and cloud-based architectures.
CareCloud has joined Google's cloud healthcare API to offer increased interoperability and improve patient experience.
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Cloud API Market by End-Users (Large Enterprises and Small & Medium Enterprises) and Vertical (BFSI, IT and Telecommunication, Manufacturing, Education, Healthcare, Media & Entertainment and Others) - Forecast to 2026
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Global Industry 4.0 Market: Demand Analysis and Growth ForecastThe transition to represent the revolution of automation is known as industry 4.0, which is a concoction of the Internet of Things (IoT), cyber-physical systems, cloud computing, and cognitive computing.
And, the market for the same is flourishing, according to a recent business intelligence report by IndustryARC, which has evaluated the global Industry 4.0 Market to be worth $75,000 million in 2018, and estimated the value to increment at CAGR of 20% during the forecast period of 2019 to 2025.
This report covers Industry 4.0 Market Size by technology and Connectivity Industry 4.0 Market share by top 5 companies and also the market share by start-ups during the forecast period.Apparently, industry 4.0 market size is related to sustainable production future that is solution-driven, human-centric, and inclusive benefits.
According to the World Economic Forum, 25 countries from Europe, North America, and East Asia are most benefited from the industry 4.0 in terms of nature of production, as these countries already account for over 75% of the global manufacturing value added (MVA).
Major countries have already adopted industry 4.0 that has led to a demand influx in the industry 4.0 market in those countries.View Full Table of Contents of Industry 4.0 Market:https://www.industryarc.com/Report/18544/industry-4-market.htmlReport Price (Single User): US $3850Global Industry 4.0 Market: Leading SegmentsIn Europe, France and Germany have the world’s largest manufacturing sector and are well-positioned owing to the developments in the industry 4.0 market.
Furthermore, the aeronautical communication market, between aircraft cockpits to control towers, has observed a significant growth after the revolution from industry 3.0 to industry 4.0.Global Industry 4.0 Market: Disruptive TrendsTechnologies driving the industry 4.0 market were largely created from significant investments in research and development with new and innovative ideas.
According to IMARC Group latest report titled” Mobile Device Management (MDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth.
The global Mobile Device Management (MDM) Market to continue its strong growth during the next five years.Market Trends and Drivers:Mobile device management (MDM) is a software-based application designed to help managers and administrators to control and secure mobile endpoints, such as laptops, smartphones, and tablets across the organization.
It is a key component of enterprise mobility management (EMM) that allows users to access official data and applications on personal devices.
As a result, it is extensively adopted across numerous industries, including retail, healthcare, BFSI, telecommunication, manufacturing, automotive, etc.Get a sample copy of this Report: https://www.imarcgroup.com/mobile-device-management-market/requestsampleThe increasing adoption of cloud-based services, along with rapid digitization across diverse industries, is primarily driving the market growth.
Moreover, the emerging trend of Bring-Your-Own-Devices (BYOD) enhances vulnerabilities to the company network and the risk of data breaches.
This, in turn, is increasing the focus of organizations on employing advanced systems, such as MDM, to secure their corporate data.
Whether you choose to have an app for Android users or iOS users or both, it can definitely provide you with a competitive advantage over other companies in your niche market.
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Let's take a quick glimpse at the most common types of logistics company websites.
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Here are some pieces of advice for designers who are going to work on any of the above-mentioned types of websites.
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Let the company speak with customers: use "Contact Us" forms throughout the website and/or links to the "Contact Us" page, and online chat software, thus prompting clients to send requests.
Global 3D Imaging Market to Soar at Robust CAGR of 26.8% by end of 2021The 3D imaging market is to widen extremely owing to the enhancement and modernization of technology in this sector.Especially in the sector of imaging has given the global 3D imaging market a palpablerise.
Our Research predicts that the global 3D imaging market is likely to take a hike worth US$17.99 bn by 2021 from US$3.51 bn in 2014.
During the forecast years of 2015 and 2021 the global market is estimated to deluge at a CAGR of 26.8%.An unique research is bought by our Analysts by which provides a profound understanding of the various market dynamics conducting the global 3D imaging market.
Complete with an executive summary and a competitive landscape, the research report targets to be a guiding hand to market enthusiasts and capatalists in the coming decade.
The ease of modeling, scanning, rendering, layout and animation, and reconstruction with the help of 3D technologies has truly segmented the global 3D imaging market in the past few years.
Areas such as ultrasound, computed tomography, and magnetic resonance imaging are conventional to show high adoption of 3D imaging technologies in the coming years.
