Product Launch (Blog)

Mar, 27 2023

In 2022, Katalon, Inc., Launched Partner Program and Portal to Help Customers Scale Test And Adopt Automation Programs

 

The market is anticipated to grow in recent years because of the increasing demand for API testing across numerous industries. Additionally, increasing awareness of varied benefits related to application programming interface (API) testing, such as protection from malicious code and breakage, reduced testing costs, and easy access to applications without user interference, will surge the demand for this testing and improve the market growth.

According to Data Bridge Market Research, the Global Application Programming Interface (API) Testing Market is expected to reach USD 4,733.73 million by 2030, which is USD 1,071.99 million in 2022, at a CAGR of 20.40% during the forecast period.

" Increasing Adoption of Open Application Programming Interface by Organizations Surge the Market Growth"

The huge deployment of advanced technology in organizations led to the development of a complex structure that needs an improved application programming interface (API) testing tool. The wide adoption of open API strategy is also creating new demand for testing in quality assurance teams and increasing the adoption of AI-related skill sets. The advanced API testing will also provide businesses with a cost-effective testing program. Thus, organizations' growing adoption of open application programming interfaces will likely increase market growth. Thus, this factor boosts market growth.

What restraints the growth of the Global Application programming interface (API) testing Market?

" Lack of Awareness and Data Invasion with Application Programming Interface (API) Testing"

Lack of knowledge associated with application programming interface (API) testing procedure hinders the market. Furthermore, the API testing market is severely impacted because software and applications passed through testing can lead to data theft and concept theft, further obstructing market growth. All these major factors impede the growth of the market.  

Segmentation: Global Application Programming Interface (API) Testing Market

The global application programming interface (API) testing market is segmented on the basis of deployment model, component, and vertical.

  • On the basis of deployment model, the global application programming interface (API) testing market is classified into on-premises and cloud), component (tools/software and services.
  • On the basis of vertical, the global application programming interface (API) testing market is classified into I.T. and telecommunication banking, financial services, and insurance, retail and e-commerce, media and entertainment, healthcare, manufacturing and government.
  • On the basis of organization size, the global application programming interface (API) testing market is classified into large companies, small and mid-sized companies.

Regional Insights: North America is expected to dominate the Global Application Programming Interface (API) Testing Market

North America dominates the market because of the incidence of major players across countries in this region. Also, Canada and the USA have developed as major contributors in this region's application programming interface (API) testing market.

North America is expected to grow in 2023-2030 due to increased adoption of application performance-related solutions in this region. Also, the increasing usage of APIs to enhance business processes in the U.S.

To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-api-testing-market        

Recent Developments in Global Application Programming Interface (API) Testing Market

  • In 2022, SmartBear, a leading provider of quality tools and software development, and DiUS, an Australian technology consultancy, acquired Pactflow. This is the world's top contract testing platform to enhance their next-generation application programming interface (API) development platform.
  • In 2022, Katalon, Inc., a leading test automation platform provider, announced the Partner Program and Portal launch. The Katalon Solution Partner Program is a transparent and simple partnership framework designed to help customers scale, test and adopt different automation programs.

The Prominent Key Players Operating in the Global Application Programming Interface (API) Testing Market Include:

  • Astegic Inc. (U.S.)
  • Axway (France)
  • Bleum (China)
  • Broadcom (U.S.)
  • Cigniti Technologies (India)
  • Cygnet Infotech (India)
  • IBM (U.S.)
  • Inflectra Corporation (U.S.)
  • Infosys (India)
  • Load Impact (Sweden)
  • LogiGear Corporation (U.S.)
  • Micro Focus (U.K.)
  • Nevatech (U.S.)
  • Oracle (U.S.)
  • Parasoft (U.S.)
  • QASource (U.S.)
  • QSG (India)
  • QualityLogic (U.S.)

Above are the key players covered in the report, to know about more and exhaustive list of global application programming interface (API) testing market companies contact, https://www.databridgemarketresearch.com/contact

Research Methodology: Global Application Programming Interface (API) Testing Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.

 


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