The global cloud API market size was US$ 530 million in 2021. The global cloud API market size is forecast to reach US$ 2980 million by 2030, growing at a compound annual growth rate (CAGR) of 20.3% during the forecast period from 2022 to 2030.

Cloud APIs allow the development of applications and services used for the provisioning of software, cloud hardware, and platforms. Through this platform, users are able to access direct and indirect cloud infrastructure and software services. The cloud API interacts with the cloud infrastructure to allocate storage, computing, and network resources for cloud applications and services. Cloud APIs work as a middleware to deliver direct and indirect cloud infrastructure and software services to users. Cloud APIs typically use Representational State Transfer (REST) and straightforward Object Access Protocol (SOAP). APIs that are cross-platform and client-specific are also available.

Factors Influencing Market Growth

• Due to the increasing use of technological advances in migrating industries, cloud computing services are becoming increasingly popular among various industries. It is forecast to drive the growth of the global cloud API market.
• Growing demand for high operational efficiency and DevOps automation among development engineers in order to reduce the time-to-market of new products is driving the growth of the Cloud Application Programming Interface (API) market.
• A growing cyber threat to virtual networks may slow down the market to some extent due to cloud security concerns.
• Growth in R&D activities for developing cloud-native applications will provide opportunities for the global cloud API market.

Impact Analysis of COVID-19

• During the Covid-19 pandemic outbreak, the cloud API market had grown. Cloud APIs can upload real-time data to the cloud and display it to the front-line authorities such as researchers, health care professionals, and government experts.
• Moreover, the global lockdown has had no effect on the IT industry. When there is an active outbreak worldwide, cloud API providers such as Amazon Cloud Watch API can handle maintenance.

Regional Insights

In 2021, North America held a disproportionate share of the overall cloud API market. Due to its well-developed IT infrastructure, several major players operate from this region. In addition, the high IT spending capability of the North American countries also supports the growth of cloud API in this region at a significant rate during the forecast period. 

In terms of CAGR, Asia-Pacific is forecast to grow at the fastest rate during the forecast period. Developing countries in this region are moving toward open architectures and cloud computing due to the shift toward open architectures.

Leading Competitors

The leading prominent companies profiled in the global cloud API market are:

• Amazon Web Services, Incorporated
• CA, Incorporated
• Dell, Technologies Incorporated
• Google Incorporated
• International Business Machines Corporation (IBM)
• Microsoft Corporation
• Oracle Corporation
• Salesforce.com, Incorporated
• SAP SE
• TIBCO Software Incorporated
• Other Prominent Players

Scope of the Report

The global cloud API market segmentation focuses on Enterprise Size, Industry Vertical, Type, and Region.

Segmentation based on Enterprise Size 

• Large Enterprises
• Small & Medium Enterprises (SMEs)

Segmentation based on Industry Vertical

• BFSI
• IT and Telecommunication
• Manufacturing
• Education
• Healthcare
• Media & Entertainment
• Others

Segmentation based on Type

• Platform as a Service (PaaS) APIs
• Software as a service (SaaS) APIs
• Infrastructure as a service (IaaS) APIs
• Cross-platform APIs

Segmentation based on Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America

[TABLE OF CONTENTS]

1 INTRODUCTION OF GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET 
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES

4 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS

5 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET, BY ENTERPRISE SIZE
5.1 OVERVIEW
5.2 LARGE ENTERPRISE
5.3 SMALL & MEDIUM ENTERPRISE (SMES)

6 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET, BY INDUSTRY VERTICAL
6.1 OVERVIEW
6.2 BFSI
6.3 IT AND TELECOMMUNICATION
6.4 MANUFACTURING
6.5 EDUCATION
6.6 HEALTHCARE
6.7 MEDIA & ENTERTAINMENT
6.8 OTHERS

7 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET, BY TYPE
7.1 OVERVIEW
7.2 PLATFORM AS A SERVICE (PAAS) APIS
7.3 SOFTWARE AS A SERVICE (SAAS) APIS
7.4 INFRASTRUCTURE AS A SERVICE (IAAS) APIS
7.5 CROSS-PLATFORM APIS

8 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET, BY GEOGRAPHY
8.1 OVERVIEW

8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO

8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE

8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC

8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA

8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA

9 GLOBAL CLOUD API (APPLICATION PROGRAMMING INTERFACE) MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES

10 COMPANY PROFILES

10.1 AMAZON WEB SERVICES, INCORPORATED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS

10.2 CA, INCORPORATED
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS

10.3 DELL, TECHNOLOGIES INCORPORATED
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS

10.4 GOOGLE INCORPORATED
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS

10.5 INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS

10.6 MICROSOFT CORPORATION
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS

10.7 ORACLE CORPORATION
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS

10.8 SALESFORCE.COM, INCORPORATED
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS

10.9 SAP SE
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS

10.10 TIBCO SOFTWARE INCORPORATED
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS