Some of the major growth opportunities for the global API Management market

Steadily, one can observe that, some of the major growth opportunities for the global API Management market include rising adoption of Internet of Things (IoTs), service-oriented architecture (SOA) and platform as a service (PAAS).

But, the growth in global API Management market is restricted by major restraint including security-related issues linked to APIs. The limitation of server availability, performance monitoring and legacy investments in service-oriented architecture (SOA) are expected to be some of the key challenges in the growth across the global API Management market over the forecast period 2016-2023, according to Research and Markets.