Market Report: API Management

Gartner's 2024 Magic Quadrant for API Management evaluates 17 vendors managing, governing, and securing APIs, crucial for digital transformation. The report highlights leaders: Google Cloud Apigee, Graviteeio, IBM, Kong, MuleSoft, and SmartBear, with AWS as a Challenger and Postman as a Visionary.

Key trends include:

· Organizations choosing unbundled API management from multiple vendors
· Demand for distributed API management across gateways
· Focus on AI initiatives needing more API consumption and security

The market reached $3.3 billion in 2023, growing at 13.7%, underscoring API management's importance. Read the full Magic Quadrant to choose the best API management vendor.

Vendor:: SmartBear Software
Posted:: Mar 27, 2025
Published:: Mar 28, 2025
Format:: PDF
Type:: Gartner Magic Quadrant

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