Last year's infamous Gartner Hype Cycle for API-driven architecture attempts to map out the the direction the API economy is heading. Summary. Too many organizations see API management, and API security in particular, in purely defensive terms. On the curve, private APIs are deemed established as a model for business process improvement and innovation, which in turn affects the rest of the predictions and insights that Gartner makes. This year's Gartner Market Share: All Software Markets, Worldwide 2020 report places Splunk as No. From an analyst perspective, Gartner couples web application security and API protection into WAAP, where Akamai . The Market Guide defines email security market challenges, outlines categories and Representative Vendors, and provides . 2022 to 2030. This report follows the release of the 2020 Gartner . Palo Alto, Calif. - June 2, 2020 - Salt Security, the leading API security company, today announced that it has been named a May 2020 Cool Vendor in API Strategy by Gartner Inc., the world's leading research and advisory company.The report recognizes "three vendors offering innovative solutions that tackle emerging . Akana provides the best lifecycle management tool. It adds security capabilities within applications to prevent . Organizations use API protection tools to prevent malicious attacks or misuse of application program interfaces (API). Looking forward, IMARC Group expects the market to reach US$ 66.2 Billion by 2027, exhibiting a growth rate (CAGR) of 16.10% during 2022-2027. The global application security market size was valued at $5,973.00 million in 2020, and is projected to reach $33,941.00 million by 2030, registering a CAGR of 18.7%. Netskope is the only vendor listed within the Market Guide report that is also a Leader in the . The global mobile security market size was valued at USD 19.83 Billion in 2019, and is projected to reach USD 122.89 Billion by 2027, growing at a CAGR of 25.8% from 2020 to 2027. The API security market is expected to grow 26.3% between 2022 and 2032, according to research from Future Market Insights earlier this month. The Global API Management Market size is expected to reach $6.2 billion by 2024, rising at a market growth of 28.4% CAGR during the forecast period. . In fact, according to the report authors, "Gartner estimates end-user spending in this expanded AST market reached $2.2 billion worldwide in 2020." This year, Gartner decided to expand the scope of AST to include API and Infrastructure as Code (IaC) testing, among others. January is the time of predictions for the year ahead. Mashery is best for conversion to RESTful and SOAP protocols. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Personalize your research by company size, industry or region. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. pure-play is a company focused on API security. The worldwide API Security market is expected to grow at a booming CAGR of 2022-2030, rising from USD billion in 2021 to USD billion in 2030. Jan 18, 2022. CSPM stands for Cloud Security Posture Management, an IT security tool that offers real-time visibility, aids in monitoring existing resources, enables team members to discover misconfiguration issues and compliance risks in the cloud. Company focuses on stopping API attacks before they result in a breach. Kong is an open source API management platform. See how the recognized platforms compare in the 2021 Gartner Magic Quadrant for Full Life . The study offers past data of 2016 along with forecast from 2021 to 2028 based on . . Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well . [124 Pages Report] The global API testing market size is expected to grow from USD 384.3 Million in 2016 to USD 1,099.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.69% from 2017 to 2022. GC Security is present in 1 market with 1 product. Attack activity continues to keep pace with this dramatic API usage growth and now . PALO ALTO, Calif. - February 10, 2022 - Salt Security, the leading API security company, today announced that it raised $140 million in Series D funding, led by CapitalG, Alphabet's independent growth fund, with participation from all existing investors. DOWNLOAD PDF. The Application Security Market was valued at USD 6.38 billion in 2020 and is expected to reach USD 15.76 billion by 2026, at a CAGR of 16.4% over the forecast period 2021 - 2026. Worldwide spending on information security and risk management technology and services is forecast to grow 12.4% to reach $150.4 billion in 2021, according to the latest forecast from Gartner, Inc. Security and risk management spending grew 6.4% in 2020. 2021 Gartner Magic Quadrant for Full Life Cycle API Management. An eff +1(646) 600-5072. . However, next month Gartner will be hosting a webinar on API security, by O'Neill and Zumerle, available to anyone (free registration is still required): API Security: Protect your APIs from Attacks and Data Breaches July 15, 2021 8:00 a.m. PDT stage 4 predator 212. Already, many well-publicized API security vulnerabilities affected a wide range of organizations. Enterprises need to create an industry vision for digital business. Although this niche is relatively young, startups have raised hundreds of millions, and a couple has reached unicorn status. Gartner defines WAAP (Web Application and API Protection) as the evolution of the web application firewall market (WAF), expanding WAF capabilities to four core features: WAF, DDoS protection, bot management and API protection. API security has become a key part of WAAP evaluations, Gartner has found, with WAAP providers competing against more specialized API threat protection vendors. We're excited to share that Gartner has recognized Google Cloud's Apigee as a Leader in the 2021 Magic Quadrant for Full Life Cycle API Management, marking the sixth time in a row we've earned this recognition.We believe this achievement is a testimony to Google Cloud's differentiated vision for API management and strong track record of delivering continuous product innovation. The right API management platform can help you get the most value from your data, whether you're looking to accelerate innovation, improve efficiency or open new revenue channels. This can be attributed to the increasing number of cyber-attacks or API attacks incidence across the globe. With effective security awareness programs, organizations can mitigate people-centric threats. GC Security has 1 review with an overall average rating of 5. . The API security market is estimated to rise at 26.3% CAGR between 2022 and 2032 in comparison with the 24.0% CAGR registered during 2017-2021. API Management Market Size (2022 - 2027) The global application programming interface management (API) market size will grow from US $4.1 billion in 2021 to US $8.41 billion in 2027, recording a CAGR of about 34% during the forecast period. View Sample Report. We're excited to share that Gartner has recognized Google (Apigee) as a Leader in the 2020 Magic Quadrant for Full Life Cycle API Management, marking the fifth time in a row we've earned this recognition. The API market is increasingly a global business integrated in the supply chain of pharmaceuticals, in which APIs constitute the most important components in terms of clinical efficacy and value. The digital revolution and the need to understand customers are increasing which in turn . Major factors . Security concerns associated with API might impede the market growth of API management for a fixed period. However, system integrators and SOA and PaaS integrations are . The startup API security market is coming into its own. DOWNLOAD PDF. In this guide, Gartner provides a comprehensive list of capabilities that security leaders should look for in an email security solution. The API Protection Tools enables breach detection and . Gartner estimates that API attacks will soon become . This post is also available in: Japanese We are proud and honored to be scored highest in two out of four Use Cases (3.57/5 for API and 3.66/5 for High Security Use Cases) in the latest 2020 Critical Capabilities for Application & API Protection report*, and we believe we are the only vendor to be scored highest in 2 out of 4 use cases.. Mergers and acquisitions are taking place in order to pursue global projects Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences, and do not represent the views of Gartner . API Security Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. June 09, 2016. 2 Gartner, API Security: What You Need to Do to Protect Gartner defines the application security testing (AST) market as the buyers and sellers of products and services designed to analyze and test applications for security vulnerabilities. Cloud WAAPs are cloud-delivered services that primarily protect public-facing web applications and . APIs are commonly used as a key to programming web-based interactions enabling access to sensitive software functions and data, thus becoming a primary target for attackers. In a new market guide, Gartner highlighted the importance of capabilities that Avanan and other API vendors leverage in email security. On the basis of type, the market is divided into a generic API and branded API. Safeguarding devices connected to the internet that protect from various threats in the cyberspace are referred to as cyber security. Salt customer data shows the average number of APIs per customer grew 82% over last year, up from 89 in July 2021 to more than 162 in July 2022. 3scale is best for its developer portal. Built to scale, Wallarm API Security Platform is used to protect the world's largest APIs against emerging attacks, such as OWASP Top 10 threats, API abuse, account takeover, bad bots, and more. The Gartner Market Guide for Security Awareness Computer Based Training provides organizations excellent guidance on the key issues for training users on safe computing. In the most recent quarter of 2021 alone, Wallarm analyzed more than 44 trillion application and API requests. . The Investor Relations website contains information about Akamai Technologies Inc.'s business for stockholders, potential investors, and financial analysts. Gartner's materials are usually only available for purchase or to their corporate clients. This is the third year in a row Splunk was named the leader in this segment. Application leaders can use this research to learn instead how to leverage technologies such as OAuth to gain business advantage from APIs. The easy integration of API security scanning early in the software development life cycle is a unique position that GitLab has in the API Security market. Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, has been recognized by Gartner as a Leader in the 2021 Magic Quadrant. Gartner cites the following as being the most important capabilities and features associated with API testing and service virtualization tools: "Seamless integration between service virtualization solution and the service/API testing tool. While there was a slight decline in its market share from 32.4% in 2019, its revenue grew by 28% year-on-year in 2020. These "Gartner Predicts" reports, released every year, address the technologies analysts see as a critical priority, sharing top-level guidance on how to approach the latest challenges in that particular space. Similar change in application security has now been defined by an annual report with a new name. In this report, you'll find insights from Gartner into why single-vendor SASE delivers converged network and security capabilities connecting and securing distributed users, devices, and locations to resources in the cloud, edge, and on-premises. API breaches are continuing to occur frequently. All rights . With the development in API economy, data and services can be easily accessed. APIs enable millions of connected devices to communicate with backend servers, gain access to data, and communicate with one another. See More: Azure's Skyrocketing Growth Drives Record Revenue for Microsoft Meanwhile, global cloud spending has been significant, reaching $39.9 billion in Q4 last year - up to $10 billion year-on-year. Contributor: Christy Pettey. More vendors have introduced decent . Gartner has released their latest report on API security: "API Security: What You Need to Do to Protect Your APIs" by Dionisio Zumerle, Jeremy D'Hoinne, and Mark O'Neill. Dell Boomi is best in integrating cloud applications. In total, the application service governance market was valued at around $474 million last year, Gartner states. It entails safeguarding software, data . The objectives of the report are to . Market Overview: The global network security market size reached US$ 25.14 Billion in 2021. The Indian pharmaceutical market has increased by 7.4 % and reached around $19.0 billion in 2017 and expected to reach nearly $29.0 billion in 2022. He predicts the following trends in cyber security: Broader deepfake capabilities will be available even for attackers with less skills. Gartner predicts that by 2022, application programming interface (API) attacks will become the most-frequent attack vector, causing data breaches for enterprise web applications. API gateways: Runtime management, security and usage monitoring for APIs. Broad native support for protocols, technologies and message formats (REST, SOAP, JMS, JSON), security . This means that we can provide API security scan results for every single commit. Welcome to the API Economy. Here's how email security from Proofpoint lets customers have their cakeand eat it, too. The API, in general, includes several protocols, tools, and subroutines that can be used to develop . 1 in the SIEM market with 29% market share. The global cyber security market size was valued at $197.36 billion in 2020, and is projected to reach $478.68 billion by 2030, growing at a CAGR of 9.5% from 2021 to 2030. Web application and API security is a big and growing concern, and ThreatX delivers an integrated platform that empowers customers to protect APIs and web apps against attacks in real time.. Gartner estimates that the entire security market grew 10% year-over-year to $49.7B billion, with the SIEM market consisting . During the same period, overall API traffic per customer grew 168%, indicating that API usage is also exploding. . 4 August 2022. The global API Management will grow at a CAGR of 29% with market size of around USD 21.68 billion by 2028. [215 Pages Report] The API management market size is expected to grow from USD 4.5 billion in 2022 to USD 13.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. The rising number of cyber-attacks on sensitive information and government strict rules to avoid . On October 7 2021, Gartner published their latest 'Market Guide for Email Security', a research document derived from more than 1,400 Gartner client interactions between June 2020 and June 2021 that covers the ongoing evolution of the email security market [1]. Low security in the API can lead to painful and damaging effects . Indusface WAAP is a fully managed solution that protects web applications and APIs seamlessly. The market comprises tools offering core testing capabilities e.g., static, dynamic and interactive testing; software composition analysis (SCA); and various . The base year considered for the study is 2016 and the forecast period is 2017-2022. Investment cements Salt Security as the leader in API security and supercharges its growth to drive global innovation in API security. ThreatX has been named in the 2022 Magic Quadrant for Cloud Web Application and API Protection for the second consecutive year. Download the full report here. In 2018, Kong was first positioned onto the Gartner Magic Quadrant for Full Lifecycle API Management Market as a Visionary. Gartner analysts said the strong growth rate reflects continuing demand for remote worker . It also shows the Show more View Detail Companies are increasing their size to face global competition. Cloud web application and API protection platforms (WAAPs) mitigate a broad range of runtime attacks, notably the Open Web Application Security Project (OWASP) top 10 for web application threats, automated threats and specialized attacks on APIs. The global API Management market accounted for USD 2493.9 Million in 2020 and is expected to reach USD 6263.0 Million by 2028, growing at a CAGR of 11.3% from 2021 to 2028. METHODOLOGY. As you might expect, this has led to some consolidations, as the bigger SOA governance vendors buy out smaller API management vendors. Application security has become a necessity with an increasing number of companies looking to develop their own apps, in addition to purchasing a record number of . Proofpoint's Security Awareness Training is empowering thousands of organizations . Analyst Landscape MuleSoft is best in connecting applications. The 2022 Gartner Magic Quadrant for Web Application and API Protection . The pain of protecting APIs against . In this year's report, Google (Apigee) is placed highest among all the vendors for the ability to execute. API Security Gartner - By 2022, Gartner estimates that the most popular attack vector will be spear phishing, resulting in violations of company web applications. With API proliferation and each API being an additional and potentially unique attack vector, traditional application . Gartner predicts that by 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications.
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