North America API Marketplace Set for Notable Growth: Latest Industry Trends & Market Analysis Revealed

Dublin, Jan. 22, 2024 (GLOBE NEWSWIRE) -- The "North America API Marketplace Market Size, Share & Industry Trends Analysis Report By Component (Platform and Services), By Organization Size, By End User, By Country and Growth Forecast, 2023 - 2030" report has been added to's offering.

A new comprehensive research report analyzing the ever-evolving dynamics of the North American API Marketplace has been made available, offering insights into the market's significant expansion and the key trends shaping its trajectory from 2023 through to the year 2030. The report underscores the pivotal role of API marketplaces in the technological ecosystem and provides an exhaustive exploration of components such as platforms and services, organization size, and the variegated end-user sectors.

Growth Drivers and Market Prospects

The North American market for API marketplaces is experiencing a sturdy uptick with a 16.2% CAGR projected over the forecast period. The findings suggest that robust growth is fueled by the increasing demand for seamless integration across services and applications, ensuring a superior user experience and driving both convenience and efficiency. This growth trajectory presents a bullish outlook for the future of API interactions within industries such as telecom, marketing, finance, and healthcare, as well as for API providers.

The study delves into the critical components underpinning the market, segmented into:

  • Platform
  • Services

Moreover, the analysis segments the market by organization size, including:

  1. Large Enterprises
  2. Small & Medium Enterprises

The end-user landscape is further broken down into:

  1. Consumer (Telecom & Marketing, Financial Services, Healthcare, and Others)
  2. API Providers

Geographic segments covered in the report consist of:

  • United States
  • Canada
  • Mexico
  • Rest of North America

Key Market Insights

The research highlights the United States as the predominant force in the North American API Marketplace, expecting to continue its dominance through the forecast period and potentially reaching a market value of $11.6 billion by 2030. Additionally, growth indicators imply that markets in Canada and Mexico are also poised for significant growth rates.

This notable study brings forth the analysis of key stakeholders and profiles of prominent companies within the ecosystem, detailing their roles and impact on the market's maturation. The compendium of data and trends provides a stratified picture of the current market landscape and predictive modeling to inform strategies for stakeholders and new entrants alike.

Companies Mentioned

  • R Software Inc.
  • Celigo, Inc.
  • Gravitee Topco Limited
  • Apilayer Data Products GmbH (Idera, Inc.)
  • CompanyHub IT Solutions Pvt. Ltd.
  • Abstract API Inc
  • Zapier, Inc.
  • Salesforce, Inc. (MuleSoft)
  • ServiceNow, Inc.
  • beNovelty Limited

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