Market Overview:
The global cloud API market size reached US$
976.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$
2,621.8 Million by 2028, exhibiting a growth rate (CAGR) of
17.6% during 2023-2028.
A cloud application programming interface (API) is a software that allows developers to link cloud computing services together. Platform as a service (PaaS), software as a service (SaaS), cross-platform and infrastructure-as-a-Service (IaaS) are some of the types of cloud APIs. They work as a gateway for middleware to provide indirect and direct cloud infrastructure and software services to end-users, such as storage resources, compute infrastructure and monitoring tools. Cloud API aids in enhancing customer experience, increasing productivity, and improving connectivity, collaboration, and cost-effectiveness. As a result, it finds extensive application across manufacturing, healthcare, education, media and entertainment, education, information technology (IT), and banking, financial services and insurance (BFSI) industries.
Cloud API Market Trends:
The increasing adoption of cloud technology across sectors due to its various advantages, such as remote location access, flexibility and cost-effectiveness, is one of the key factors creating a positive outlook for the market. Additionally, the widespread product adoption by small- and medium-sized enterprises (SMEs) as it provides faster communication means and software patched distribution with ease to streamline updates is favoring the market growth. Apart from this, various technological advancements, such as the integration of complex predictive maintenance that provides expected mean time between mechanical failures, are providing an impetus to the market growth. Moreover, the increasing demand for SaaS APIs due to the rise in software-centric approaches, such as mobile applications, and the inflating sales of smartphones are positively impacting the market growth. Other factors, including extensive research and development (R&D) activities, increasing demand for technologically advanced services among migrating industries, rising need for high operational efficiency, and rapid digitization, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud API market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, enterprise size and industry vertical.
Breakup by Type:
- SaaS APIs
- PaaS APIs
- IaaS APIs
- Cross-platform APIs
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Breakup by Industry Vertical:
- Healthcare
- BFSI
- IT and Telecommunication
- Manufacturing
- Education
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Broadcom Inc., Citrix Systems Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Technology Inc., Salesforce Inc., SAP SE and Tibco Software Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2022 |
| Historical Period |
2017-2022 |
| Forecast Period |
2023-2028 |
| Units |
US$ Million |
| Segment Coverage |
Type, Enterprise Size, Industry Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Amazon Web Services Inc. (Amazon.com Inc.), Broadcom Inc., Citrix Systems Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Technology Inc., Salesforce Inc., SAP SE and Tibco Software Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global cloud API market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cloud API market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the enterprise size?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cloud API market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cloud API Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 SaaS APIs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 PaaS APIs
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 IaaS APIs
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cross-platform APIs
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Enterprise Size
7.1 Large Enterprises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Small and Medium Enterprises (SMEs)
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Industry Vertical
8.1 Healthcare
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 BFSI
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 IT and Telecommunication
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Manufacturing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Education
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Media and Entertainment
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Broadcom Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Citrix Systems Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Dell Technologies Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Google LLC (Alphabet Inc.)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 International Business Machines Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Microsoft Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Oracle Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Rackspace Technology Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Salesforce Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 SAP SE
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Tibco Software Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 SWOT Analysis
List of Figures
Figure 1: Global: Cloud API Market: Major Drivers and Challenges
Figure 2: Global: Cloud API Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Cloud API Market: Breakup by Type (in %), 2022
Figure 5: Global: Cloud API Market: Breakup by Enterprise Size (in %), 2022
Figure 6: Global: Cloud API Market: Breakup by Industry Vertical (in %), 2022
Figure 7: Global: Cloud API Market: Breakup by Region (in %), 2022
Figure 8: Global: Cloud API (SaaS APIs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Cloud API (SaaS APIs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Cloud API (PaaS APIs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Cloud API (PaaS APIs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Cloud API (IaaS APIs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Cloud API (IaaS APIs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Cloud API (Cross-platform APIs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Cloud API (Cross-platform APIs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Cloud API (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Cloud API (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Cloud API (Small and Medium Enterprises-SMEs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Cloud API (Small and Medium Enterprises-SMEs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Cloud API (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Cloud API (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Cloud API (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Cloud API (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Cloud API (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Cloud API (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Cloud API (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Cloud API (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Cloud API (Education) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Cloud API (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Cloud API (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Cloud API (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Cloud API (Others Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Cloud API (Others Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: North America: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: North America: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: United States: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: United States: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Canada: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Canada: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Asia-Pacific: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Asia-Pacific: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: China: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: China: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Japan: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Japan: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: India: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: India: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: South Korea: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: South Korea: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Australia: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Australia: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Indonesia: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Indonesia: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Others: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Others: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Europe: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Europe: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Germany: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Germany: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: France: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: France: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: United Kingdom: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: United Kingdom: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Italy: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Italy: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Spain: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Spain: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Russia: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Russia: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Latin America: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Latin America: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Brazil: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Brazil: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Mexico: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Mexico: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Middle East and Africa: Cloud API Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Middle East and Africa: Cloud API Market: Breakup by Country (in %), 2022
Figure 82: Middle East and Africa: Cloud API Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Global: Cloud API Industry: SWOT Analysis
Figure 84: Global: Cloud API Industry: Value Chain Analysis
Figure 85: Global: Cloud API Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Cloud API Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Cloud API Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Cloud API Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
Table 4: Global: Cloud API Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 5: Global: Cloud API Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Cloud API Market: Competitive Structure
Table 7: Global: Cloud API Market: Key Players