Application Programming Interface (API) Security Market Research
According to Straits Research, the global API security market size was valued at USD 874.20 million in 2024 and is projected to grow from USD 1,027 million in 2025 to reach USD 3,732 million by 2033, growing at a CAGR of 17.5% during the forecast period (2025-2033).
The Application Programming Interface (API) Security Market, an evolving segment in the industry, is witnessing substantial expansion fueled by avant-garde technologies and escalating consumer demand. Market analysts scrupulously gather data through polls, focus groups, and in-depth scrutiny of industry patterns. These analysts utilize both quantitative and qualitative methodologies to ensure a comprehensive and precise market report. The report encompasses intricate insights on market size, growth prospects, competitive milieu, and consumer predilections. By harnessing advanced analytical instruments and expert acumen, the report delivers invaluable recommendations and strategic guidance for stakeholders, empowering them to make enlightened decisions and seize emerging prospects within the Application Programming Interface (API) Security Market.
Competitive Players
The competitive landscape of the Application Programming Interface (API) Security Market includes several key players who have a significant impact on market dynamics. Major companies operating in this market include:
DataTheorem
Salt Security
Akanoc Solutions
APIsec
DataDome, Inc.
Micro Focus
Imvision
Wallarm
Snyk
42Crunch
Latest Trends in Application Programming Interface (API) Security Market
Enhanced Attention to AI-Driven Security: In an effort to improve API security, businesses are embracing AI technology more and more. Approximately 77% of businesses are investigating or have already used AI tools to automate processes and increase vulnerability detection efficiency.
Integration with DevSecOps: API security is increasingly being incorporated into DevSecOps procedures, highlighting the necessity of integrating security measures at every stage of the development process rather than as an afterthought.
Increasing Identification of API Sprawl: Managing API sprawl has grown increasingly difficult as businesses implement more APIs. 43% of businesses admit to having trouble monitoring and protecting their vast API ecosystems.
Transition to Specialized API Security Solutions: Rather than depending on conventional web application firewalls (WAFs), there is a trend toward the adoption of specialized API security solutions. Numerous firms are realizing that the special difficulties presented by APIs are frequently not adequately addressed by the solutions currently in use.
Emphasis on Behavior Baseline Monitoring: In order to better identify anomalies and possible dangers, organizations are putting more and more effort into setting baseline behaviors for their APIs. Many still lack reliable systems for this monitoring, though.
Better documentation and visibility are required because API modifications happen so quickly (38% of firms update their APIs at least weekly), which makes documenting more difficult and may result in security flaws because of out-of-date information.
Key Statistics
API Security Incidents: Over the past year, the number of API security incidents has more than doubled, underscoring the growing attack surface brought on by rising API usage. A hack involving APIs that compromised sensitive data and vital systems was reported by about 23% of enterprises.
Authentication Issues: Unauthenticated users carry out an astounding 61% of API attacks, suggesting that attackers are employing a variety of strategies to take advantage of vulnerabilities without requiring legitimate credentials.
Executive understanding: As a result of increased understanding of the business risks associated with API security, roughly 46% of C-level executives now view it as a crucial concern.
Application rollout delays caused by security flaws in their APIs have affected 55% of firms, which can result in lost revenue and irate clients.
Just 12% of businesses are extremely confident in the correctness of their API inventory, and over a third are completely unconfident.
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Application Programming Interface (API) Security Market Segmentation
The comprehensive Application Programming Interface (API) Security Market analysis has been divided into categories such as category, application, and delivery mode, with each subset examined according to geographical segmentation. This research will keep marketers updated and assist in pinpointing target demographics for a product or service, including insights into market share.
By Offerings
Platform & Solutions
Services
By Deployment Mode
On-Premises
Cloud
Hybrid
By Organization Size
Large Enterprises
Small and Medium Enterprises (SMEs)
By Vertical
BFSI
ITand Telecom
Government
Manufacturing
Healthcare
Others
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Regional Analysis
The Application Programming Interface (API) Security Market is studied, and market size insights and trends are offered by nation, kind, form, and application, as previously said. The report's regional analysis section provides a thorough study of many regional and national industries to help players establish successful development strategies.
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Key Highlights
The purpose of this study is to examine the manufacturers of Application Programming Interface (API) Security Market, including profiles, primary business activities, news, sales and price, revenue, and market share.
It illustrates the market subdivided by type and application, with details on sales, price, revenue, market share, and growth rate broken down by type and application.
The research covers key regions by manufacturers, categories, and applications, including North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.
It also investigates production costs, essential raw materials, and production methods.
Principal Motives Behind the Purchase:
To gain deep analyses of the industry and understand the commercial landscape of the global market.
To analyze production processes, key problems, and potential solutions to mitigate future issues.
To understand the most influential driving and restraining factors in the Application Programming Interface (API) Security Market industry and their global market impact.
To gain insights into the market strategies employed by the most successful firms.
To understand the market's future and potential.
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