Global API Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 (Based on 2020 COVID-19 Worldwide Spread)
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The API market is expected to grow from USD X.X million in 2021 to USD X.X million by 2027, at a CAGR of X.X% during the forecast period. The global API market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global API market. The report focuses on well-known providers in the global API industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the API Industry will develop is also analyzed in detail in Chapter 1.7 of the report.
In Chapter 2.4, we analyzed industry trends in the context of COVID-19.
In Chapter 3.5, we analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.
In Chapters 6 to 10 of the report, we analyze the impact of COVID-19 on various regions and major countries.
In chapter 13.5, the impact of COVID-19 on the future development of the industry is pointed out.
A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.
Key players in the global API market covered in Chapter 4:
Nexmo
ATandT
Twillo
Verizon
Vodafone Group PLC
Aspect Software
Tropo
Telefonica
Locationsmart
Axway
In Chapter 11 and 13.3, on the basis of types, the API market from 2016 to 2027 is primarily split into:
B2B
B2D
In Chapter 12 and 13.4, on the basis of applications, the API market from 2016 to 2027 covers:
Telco
Healthcare
Fintech
Logistics
LoT
Identity Management
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:
North America (Covered in Chapter 6 and 13)
United States
Canada
Mexico
Europe (Covered in Chapter 7 and 13)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8 and 13)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 9 and 13)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 10 and 13)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2021-2027
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global API Market Share by Type (2021-2027)
1.5.2 B2B
1.5.3 B2D
1.6 Market by Application
1.6.1 Global API Market Share by Application (2021-2027)
1.6.2 Telco
1.6.3 Healthcare
1.6.4 Fintech
1.6.5 Logistics
1.6.6 LoT
1.6.7 Identity Management
1.7 API Industry Development Trends under COVID-19 Outbreak
1.7.1 Global COVID-19 Status Overview
1.7.2 Influence of COVID-19 Outbreak on API Industry Development
2. Global Market Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
2.3 Industry News and Policies by Regions
2.3.1 Industry News
2.3.2 Industry Policies
2.4 Industry Trends Under COVID-19
3 Value Chain of API Market
3.1 Value Chain Status
3.2 API Manufacturing Cost Structure Analysis
3.2.1 Production Process Analysis
3.2.2 Manufacturing Cost Structure of API
3.2.3 Labor Cost of API
3.2.3.1 Labor Cost of API Under COVID-19
3.3 Sales and Marketing Model Analysis
3.4 Downstream Major Customer Analysis (by Region)
3.5 Value Chain Status Under COVID-19
4 Players Profiles
4.1 Nexmo
4.1.1 Nexmo Basic Information
4.1.2 API Product Profiles, Application and Specification
4.1.3 Nexmo API Market Performance (2016-2021)
4.1.4 Nexmo Business Overview
4.2 Google
4.2.1 Google Basic Information
4.2.2 API Product Profiles, Application and Specification
4.2.3 Google API Market Performance (2016-2021)
4.2.4 Google Business Overview
4.3 ATandT
4.3.1 ATandT Basic Information
4.3.2 API Product Profiles, Application and Specification
4.3.3 ATandT API Market Performance (2016-2021)
4.3.4 ATandT Business Overview
4.4 Twillo
4.4.1 Twillo Basic Information
4.4.2 API Product Profiles, Application and Specification
4.4.3 Twillo API Market Performance (2016-2021)
4.4.4 Twillo Business Overview
4.5 Verizon
4.5.1 Verizon Basic Information
4.5.2 API Product Profiles, Application and Specification
4.5.3 Verizon API Market Performance (2016-2021)
4.5.4 Verizon Business Overview
4.6 Vodafone Group PLC
4.6.1 Vodafone Group PLC Basic Information
4.6.2 API Product Profiles, Application and Specification
4.6.3 Vodafone Group PLC API Market Performance (2016-2021)
4.6.4 Vodafone Group PLC Business Overview
4.7 Aspect Software
4.7.1 Aspect Software Basic Information
4.7.2 API Product Profiles, Application and Specification
4.7.3 Aspect Software API Market Performance (2016-2021)
4.7.4 Aspect Software Business Overview
4.8 Tropo
4.8.1 Tropo Basic Information
4.8.2 API Product Profiles, Application and Specification
4.8.3 Tropo API Market Performance (2016-2021)
4.8.4 Tropo Business Overview
4.9 Telefonica
4.9.1 Telefonica Basic Information
4.9.2 API Product Profiles, Application and Specification
4.9.3 Telefonica API Market Performance (2016-2021)
4.9.4 Telefonica Business Overview
4.10 Locationsmart
4.10.1 Locationsmart Basic Information
4.10.2 API Product Profiles, Application and Specification
4.10.3 Locationsmart API Market Performance (2016-2021)
4.10.4 Locationsmart Business Overview
4.11 Axway
4.11.1 Axway Basic Information
4.11.2 API Product Profiles, Application and Specification
4.11.3 Axway API Market Performance (2016-2021)
4.11.4 Axway Business Overview
5 Global API Market Analysis by Regions
5.1 Global API Sales, Revenue and Market Share by Regions
5.1.1 Global API Sales by Regions (2016-2021)
5.1.2 Global API Revenue by Regions (2016-2021)
5.2 North America API Sales and Growth Rate (2016-2021)
5.3 Europe API Sales and Growth Rate (2016-2021)
5.4 Asia-Pacific API Sales and Growth Rate (2016-2021)
5.5 Middle East and Africa API Sales and Growth Rate (2016-2021)
5.6 South America API Sales and Growth Rate (2016-2021)
6 North America API Market Analysis by Countries
6.1 North America API Sales, Revenue and Market Share by Countries
6.1.1 North America API Sales by Countries (2016-2021)
6.1.2 North America API Revenue by Countries (2016-2021)
6.1.3 North America API Market Under COVID-19
6.2 United States API Sales and Growth Rate (2016-2021)
6.2.1 United States API Market Under COVID-19
6.3 Canada API Sales and Growth Rate (2016-2021)
6.4 Mexico API Sales and Growth Rate (2016-2021)
7 Europe API Market Analysis by Countries
7.1 Europe API Sales, Revenue and Market Share by Countries
7.1.1 Europe API Sales by Countries (2016-2021)
7.1.2 Europe API Revenue by Countries (2016-2021)
7.1.3 Europe API Market Under COVID-19
7.2 Germany API Sales and Growth Rate (2016-2021)
7.2.1 Germany API Market Under COVID-19
7.3 UK API Sales and Growth Rate (2016-2021)
7.3.1 UK API Market Under COVID-19
7.4 France API Sales and Growth Rate (2016-2021)
7.4.1 France API Market Under COVID-19
7.5 Italy API Sales and Growth Rate (2016-2021)
7.5.1 Italy API Market Under COVID-19
7.6 Spain API Sales and Growth Rate (2016-2021)
7.6.1 Spain API Market Under COVID-19
7.7 Russia API Sales and Growth Rate (2016-2021)
7.7.1 Russia API Market Under COVID-19
8 Asia-Pacific API Market Analysis by Countries
8.1 Asia-Pacific API Sales, Revenue and Market Share by Countries
8.1.1 Asia-Pacific API Sales by Countries (2016-2021)
8.1.2 Asia-Pacific API Revenue by Countries (2016-2021)
8.1.3 Asia-Pacific API Market Under COVID-19
8.2 China API Sales and Growth Rate (2016-2021)
8.2.1 China API Market Under COVID-19
8.3 Japan API Sales and Growth Rate (2016-2021)
8.3.1 Japan API Market Under COVID-19
8.4 South Korea API Sales and Growth Rate (2016-2021)
8.4.1 South Korea API Market Under COVID-19
8.5 Australia API Sales and Growth Rate (2016-2021)
8.6 India API Sales and Growth Rate (2016-2021)
8.6.1 India API Market Under COVID-19
8.7 Southeast Asia API Sales and Growth Rate (2016-2021)
8.7.1 Southeast Asia API Market Under COVID-19
9 Middle East and Africa API Market Analysis by Countries
9.1 Middle East and Africa API Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa API Sales by Countries (2016-2021)
9.1.2 Middle East and Africa API Revenue by Countries (2016-2021)
9.1.3 Middle East and Africa API Market Under COVID-19
9.2 Saudi Arabia API Sales and Growth Rate (2016-2021)
9.3 UAE API Sales and Growth Rate (2016-2021)
9.4 Egypt API Sales and Growth Rate (2016-2021)
9.5 Nigeria API Sales and Growth Rate (2016-2021)
9.6 South Africa API Sales and Growth Rate (2016-2021)
10 South America API Market Analysis by Countries
10.1 South America API Sales, Revenue and Market Share by Countries
10.1.1 South America API Sales by Countries (2016-2021)
10.1.2 South America API Revenue by Countries (2016-2021)
10.1.3 South America API Market Under COVID-19
10.2 Brazil API Sales and Growth Rate (2016-2021)
10.2.1 Brazil API Market Under COVID-19
10.3 Argentina API Sales and Growth Rate (2016-2021)
10.4 Columbia API Sales and Growth Rate (2016-2021)
10.5 Chile API Sales and Growth Rate (2016-2021)
11 Global API Market Segment by Types
11.1 Global API Sales, Revenue and Market Share by Types (2016-2021)
11.1.1 Global API Sales and Market Share by Types (2016-2021)
11.1.2 Global API Revenue and Market Share by Types (2016-2021)
11.2 B2B Sales and Price (2016-2021)
11.3 B2D Sales and Price (2016-2021)
12 Global API Market Segment by Applications
12.1 Global API Sales, Revenue and Market Share by Applications (2016-2021)
12.1.1 Global API Sales and Market Share by Applications (2016-2021)
12.1.2 Global API Revenue and Market Share by Applications (2016-2021)
12.2 Telco Sales, Revenue and Growth Rate (2016-2021)
12.3 Healthcare Sales, Revenue and Growth Rate (2016-2021)
12.4 Fintech Sales, Revenue and Growth Rate (2016-2021)
12.5 Logistics Sales, Revenue and Growth Rate (2016-2021)
12.6 LoT Sales, Revenue and Growth Rate (2016-2021)
12.7 Identity Management Sales, Revenue and Growth Rate (2016-2021)
13 API Market Forecast by Regions (2021-2027)
13.1 Global API Sales, Revenue and Growth Rate (2021-2027)
13.2 API Market Forecast by Regions (2021-2027)
13.2.1 North America API Market Forecast (2021-2027)
13.2.2 Europe API Market Forecast (2021-2027)
13.2.3 Asia-Pacific API Market Forecast (2021-2027)
13.2.4 Middle East and Africa API Market Forecast (2021-2027)
13.2.5 South America API Market Forecast (2021-2027)
13.3 API Market Forecast by Types (2021-2027)
13.4 API Market Forecast by Applications (2021-2027)
13.5 API Market Forecast Under COVID-19
14 Appendix
14.1 Methodology
14.2 Research Data Source
List of Tables and Figures
Table Global API Market Size Growth Rate by Type (2021-2027)
Figure Global API Market Share by Type in 2020 & 2026
Figure B2B Features
Figure B2D Features
Table Global API Market Size Growth by Application (2021-2027)
Figure Global API Market Share by Application in 2020 & 2026
Figure Telco Description
Figure Healthcare Description
Figure Fintech Description
Figure Logistics Description
Figure LoT Description
Figure Identity Management Description
Figure Global COVID-19 Status Overview
Table Influence of COVID-19 Outbreak on API Industry Development
Table SWOT Analysis
Figure Porter's Five Forces Analysis
Figure Global API Market Size and Growth Rate 2016-2027
Table Industry News
Table Industry Policies
Figure Value Chain Status of API
Figure Production Process of API
Figure Manufacturing Cost Structure of API
Figure Major Company Analysis (by Business Distribution Base, by Product Type)
Table Downstream Major Customer Analysis (by Region)
Table Nexmo Profile
Table Nexmo Production, Value, Price, Gross Margin 2016-2021
Table Google Profile
Table Google Production, Value, Price, Gross Margin 2016-2021
Table ATandT Profile
Table ATandT Production, Value, Price, Gross Margin 2016-2021
Table Twillo Profile
Table Twillo Production, Value, Price, Gross Margin 2016-2021
Table Verizon Profile
Table Verizon Production, Value, Price, Gross Margin 2016-2021
Table Vodafone Group PLC Profile
Table Vodafone Group PLC Production, Value, Price, Gross Margin 2016-2021
Table Aspect Software Profile
Table Aspect Software Production, Value, Price, Gross Margin 2016-2021
Table Tropo Profile
Table Tropo Production, Value, Price, Gross Margin 2016-2021
Table Telefonica Profile
Table Telefonica Production, Value, Price, Gross Margin 2016-2021
Table Locationsmart Profile
Table Locationsmart Production, Value, Price, Gross Margin 2016-2021
Table Axway Profile
Table Axway Production, Value, Price, Gross Margin 2016-2021
Figure Global API Sales and Growth Rate (2016-2021)
Figure Global API Revenue ($) and Growth (2016-2021)
Table Global API Sales by Regions (2016-2021)
Table Global API Sales Market Share by Regions (2016-2021)
Table Global API Revenue ($) by Regions (2016-2021)
Table Global API Revenue Market Share by Regions (2016-2021)
Table Global API Revenue Market Share by Regions in 2016
Table Global API Revenue Market Share by Regions in 2020
Figure North America API Sales and Growth Rate (2016-2021)
Figure Europe API Sales and Growth Rate (2016-2021)
Figure Asia-Pacific API Sales and Growth Rate (2016-2021)
Figure Middle East and Africa API Sales and Growth Rate (2016-2021)
Figure South America API Sales and Growth Rate (2016-2021)
Figure North America API Revenue ($) and Growth (2016-2021)
Table North America API Sales by Countries (2016-2021)
Table North America API Sales Market Share by Countries (2016-2021)
Figure North America API Sales Market Share by Countries in 2016
Figure United States API Sales and Growth Rate (2016-2021)
Figure Canada API Sales and Growth Rate (2016-2021)
Figure Mexico API Sales and Growth (2016-2021)
Figure Europe API Revenue ($) Growth (2016-2021)
Table Europe API Sales by Countries (2016-2021)
Table Europe API Sales Market Share by Countries (2016-2021)
Figure Germany API Sales and Growth Rate (2016-2021)
Figure UK API Sales and Growth Rate (2016-2021)
Figure France API Sales and Growth Rate (2016-2021)
Figure Italy API Sales and Growth Rate (2016-2021)
Figure Spain API Sales and Growth Rate (2016-2021)
Figure Russia API Sales and Growth Rate (2016-2021)
Figure Asia-Pacific API Revenue ($) and Growth (2016-2021)
Table Asia-Pacific API Sales by Countries (2016-2021)
Table Asia-Pacific API Sales Market Share by Countries (2016-2021)
Figure China API Sales and Growth Rate (2016-2021)
Figure Japan API Sales and Growth Rate (2016-2021)
Figure South Korea API Sales and Growth Rate (2016-2021)
Figure Australia API Sales and Growth Rate (2016-2021)
Figure India API Sales and Growth Rate (2016-2021)
Figure Southeast Asia API Sales and Growth Rate (2016-2021)
Figure Middle East and Africa API Revenue ($) and Growth (2016-2021)
Table Middle East and Africa API Sales by Countries (2016-2021)
Table Middle East and Africa API Sales Market Share by Countries (2016-2021)
Figure Saudi Arabia API Sales and Growth Rate (2016-2021)
Figure UAE API Sales and Growth Rate (2016-2021)
Figure Egypt API Sales and Growth Rate (2016-2021)
Figure Nigeria API Sales and Growth Rate (2016-2021)
Figure South Africa API Sales and Growth Rate (2016-2021)
Figure South America API Revenue ($) and Growth (2016-2021)
Figure Brazil API Sales and Growth Rate (2016-2021)
Figure Argentina API Sales and Growth Rate (2016-2021)
Figure Columbia API Sales and Growth Rate (2016-2021)
Figure Chile API Sales and Growth Rate (2016-2021)
Table Global API Sales by Types (2016-2021)
Table Global API Revenue ($) by Types (2016-2021)
Figure Global B2B Sales and Growth Rate (2016-2021)
Figure Global B2B Price (2016-2021)
Figure Global B2D Sales and Growth Rate (2016-2021)
Figure Global B2D Price (2016-2021)
Table Global API Sales by Applications (2016-2021)
Table Global API Sales Share by Applications (2016-2021)
Figure Global Telco Sales and Growth Rate (2016-2021)
Figure Global Telco Revenue and Growth Rate (2016-2021)
Figure Global Healthcare Sales and Growth Rate (2016-2021)
Figure Global Healthcare Revenue and Growth Rate (2016-2021)
Figure Global Fintech Sales and Growth Rate (2016-2021)
Figure Global Fintech Revenue and Growth Rate (2016-2021)
Figure Global Logistics Sales and Growth Rate (2016-2021)
Figure Global Logistics Revenue and Growth Rate (2016-2021)
Figure Global LoT Sales and Growth Rate (2016-2021)
Figure Global LoT Revenue and Growth Rate (2016-2021)
Figure Global Identity Management Sales and Growth Rate (2016-2021)
Figure Global Identity Management Revenue and Growth Rate (2016-2021)
Figure Global API Sales and Growth Rate (2021-2027)
Figure Global API Revenue ($) and Growth Rate (2021-2027)
Table Global API Sales Forecast by Regions (2021-2027)
Table Global API Revenue Forecast by Regions (2021-2027)
Figure North America API Sales Forecast (2021-2027)
Figure North America API Revenue Forecast (2021-2027)
Figure Europe API Sales Forecast (2021-2027)
Figure Europe API Revenue Forecast (2021-2027)
Figure Asia-Pacific API Sales Forecast (2021-2027)
Figure Asia-Pacific API Revenue Forecast (2021-2027)
Figure Middle East and Africa API Sales Forecast (2021-2027)
Figure Middle East and Africa API Revenue Forecast (2021-2027)
Figure South America API Sales Forecast (2021-2027)
Figure South America API Revenue Forecast (2021-2027)
Table Global API Sales Forecast by Types (2021-2027)
Table Global API Sales Market Share Forecast by Types (2021-2027)
Table Global API Revenue Market Share Forecast by Types (2021-2027)
Table Global API Sales Market Share Forecast by Applications (2021-2027)
Table Global API Revenue Forecast by Applications (2021-2027)
Table Global API Revenue Market Share Forecast by Applications (2021-2027)
Research Methodology:
API Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
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| Market Position of Top Company |
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| Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
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| Total Market |
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