API Security Market Size Worth $6.3 Billion By 2030: IndustryARC>
– contentenginellc
According to a recent report from IndustryARC, the global API Security market size is expected to reach $63 billion by 2030.
The market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2020 to 2030.
The growth of the market is being driven by the increasing number of cyber attacks, increasing digitalization, and rising demand for secure APIs and application programming interfaces (APIs) in enterprises.
Additionally, government regulations and compliance requirements are expected to drive the market forward.
Key players operating in the API security market include Microsoft, Akamai, Oracle, CA Technologies, Apigee, Axway, IBM, Cloudflare, and MuleSoft.
These companies are investing in research and development to introduce innovative products and solutions, which is expected to enhance their market positions.
Link: https://contentenginellc.com/2023/10/05/api-security-market-size-worth-63-billion-by-2030-industryarc/