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Infinity Business Insights has just released a new study named “The API Security Testing Tools Market by Type, and Application: Country Opportunity Analysis and Industry Forecast, 2023-2030.”
API Security Testing Tools Market Overview:
The API Security Testing Tools market is experiencing notable growth as businesses and organizations increasingly recognize the critical importance of securing their Application Programming Interfaces (APIs) against cyber threats and vulnerabilities. This market encompasses software tools and solutions designed to assess, test, and protect APIs from potential security risks and breaches. Key drivers include the growing reliance on APIs for application integration, the rise in cyberattacks targeting APIs, and the need for compliance with data privacy regulations. API Security Testing Tools empower businesses to identify and remediate security vulnerabilities in their APIs, ensuring data protection, authentication, and authorization protocols are robust and resilient.
Global API security testing tools market is expected to grow at a CAGR of 17.1% from 2023 to 2030, reaching a value of $4.5 billion by 2030
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Major Players:
QATTS, Appknox, Postman, Katalon, Tricentis, SoapUI, Apache JMeter, SmartBear, Apigee, Assertible, Swagger, Edgescan, REST Assured
Total Market by Segment:
API Security Testing Tools Market By Type, 2023-2030, (USD Billion, Thousand Units)
Cloud Based
On-premises
API Security Testing Tools Market By Type, 2023-2030, (USD Billion, Thousand Units)
SMEs
Large Enterprises
API Security Testing Tools Market Dynamics:-
The API Security Testing Tools market dynamics are shaped by several factors. Firstly, the increasing complexity of API ecosystems, often involving third-party integrations and microservices architectures, is driving the demand for comprehensive testing solutions that can assess security across multiple API endpoints and data flows. Secondly, the evolving threat landscape, including sophisticated API-specific attacks such as API scraping, injection attacks, and API key exposure, is compelling organizations to invest in tools that can proactively detect and mitigate these risks. Moreover, the importance of automation in API security testing is increasing, with businesses seeking solutions that can continuously monitor APIs for vulnerabilities, making it easier to respond rapidly to emerging threats.
Future Growth and Trends:-
API Security Testing Tools market is evolving with several noteworthy trends. Firstly, there is a growing focus on runtime protection and API traffic monitoring, allowing organizations to detect and respond to API security incidents in real time, preventing potential data breaches and unauthorized access. Secondly, the adoption of DevSecOps practices is leading to the integration of API security testing into the software development lifecycle, enabling early detection and resolution of security issues. Moreover, the development of API-specific threat intelligence feeds and databases is enhancing organizations’ ability to stay informed about emerging API vulnerabilities and attack patterns.
API Security Testing Tools Market Regional Analysis:
The API Security Testing Tools Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.
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Crucial Elements from the Table of Contents of Global API Security Testing Tools Market:
Chapter 1: API Security Testing Tools Market Overview
Chapter 2: Global API Security Testing Tools Market Competition, Profiles/Analysis, Tactics
Chapter 3: Global API Security Testing Tools Capacity, Production, Revenue (Value) by Region (2017-2022)
Chapter 4: Global API Security Testing Tools Supply (Production), Consumption, Export, Import by Region (2017-2022)
Chapter 5: Global API Security Testing Tools Market Regional Highlights
Chapter 6: Marketing Strategy Analysis, Distributors/Traders
Chapter 7: Business Chain, Tracking Strategy, and Downstream Buyers
Chapter 8: Market Decisions for the present scenario
Chapter 9: Market Effect Factors Analysis
Chapter 10: Global API Security Testing Tools Market Forecast (2023-2030)
Chapter 11: Case Studies
Chapter 12: Research Findings and Conclusion
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