The tech industry is undergoing a paradigm shift driven by the proliferation of powerful APIs. These application programming interfaces are acting as digital bridges, connecting businesses and customers in innovative ways.

The global API Management market is expected to grow steadily from 2023 to 2030. In 2021, it was valued at US$2176.88 million and is projected to reach US$5695.06 million by 2027, growing at a rate of 17.38 per cent annually.