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, according to a new report by MarketsandMarkets™. Strong digital transformation and multiple foreign investments, and growing internet penetration are some of the major factors driving the demand for API management solutions globally.
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