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    Api Security Market

    ID: MRFR/ICT/23149-HCR
    100 Pages
    Aarti Dhapte
    October 2025

    Api Security Market Research Report: By Target Environment (On-Premise, Cloud-Based), By API Type (SOAP, REST, GraphQL), By Deployment Model (Gateway, Out-of-Band), By Functionality (Authentication and Authorization, Traffic Control and Monitoring, Data Protection and Encryption) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Summary Table of Contents Segmentation Download PDF

    Api Security Market Summary

    The Global API Security Market is projected to grow from 8.54 USD Billion in 2024 to 48.82 USD Billion by 2035.

    Key Market Trends & Highlights

    Api Security Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 18.87% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 48.8 USD Billion, indicating substantial growth potential.
    • in 2024, the market is valued at 8.54 USD Billion, reflecting the increasing importance of API security.
    • Growing adoption of cloud services due to the rising need for secure data management is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.54 (USD Billion)
    2035 Market Size 48.82 (USD Billion)
    CAGR (2025-2035) 17.17%

    Major Players

    Akamai Technologies, Inc., Imperva, Inc., F5 Networks, Check Point Software Technologies, Auth0, PingID, Okta, Citrix Systems, ForgeRock, Microsoft, Ping Identity, IBM, Thales, CA Technologies, Google

    Api Security Market Trends

    Due to the rise in API technology adoption, increase in the number of APIs being used in the economy and worries over risks associated with lost API security, considerable growth is expected in the API security market. Companies’ APIs must be secured against unauthorized access, data breaches, and other security threats to the market. There is also a high demand for API security solutions because of cloud computing, IoT and microservices architecture. Complex API environments, sophisticated attacks through APIs and changing regulatory frameworks are among the drivers for the API markets.

    More organizations are viewing API security as an integral part of their cybersecurity strategy.

    This has led to increased investments in API security solutions like API gateways, API management platforms, and API vulnerability test tools. Some emerging trends include AI-powered threat detection systems with machine learning capabilities integration between different types of security applications together with cloud-based services for securing APIs. Therefore it is predicted that these changes will dominate even more in coming years when companies would like to get better protection for their application program interfaces.

    Figure 1: Api Security Market, 2025 - 2034

    The increasing reliance on APIs for digital transformation initiatives underscores the necessity for robust security measures to protect sensitive data and maintain user trust.

    U.S. Department of Commerce

    Api Security Market Drivers

    Rising Cybersecurity Threats

    The increasing frequency and sophistication of cyberattacks are driving the Global Api Security Market Industry. Organizations face a myriad of threats, including data breaches and unauthorized access, which necessitate robust API security measures. For instance, the number of reported data breaches has surged, prompting businesses to invest in security solutions. This trend is reflected in the projected market size, which is expected to reach 7.29 USD Billion in 2024. As companies prioritize safeguarding sensitive information, the demand for API security solutions is likely to grow, indicating a shift towards more secure digital infrastructures.

    Market Segment Insights

    Api Security Market Target Environment Insights

    The growth can be attributed to the rising adoption of cloud-based services and the growing consciousness about API security concerns. The market is segmented in accordance with the target environment into on-premise and cloud-based. The on-premise segment led the market with the majority of share in 2023, but the cloud-based segment is estimated to grow at the highest rate during the 2023 to 2032 forecast period. The growth is supported by the rising popularity of cloud-based services and their advantages, such as scalability, flexibility, and cost-effectiveness.

    The on-premise segment is projected to value USD 2.8 Billion by 2023; however, the cloud-based segment is projected to value USD 3.42 Billion by 2023. Moreover, the cloud-based segment is projected to remain dominant during the forecast period and touch USD 12.6 Billion by 2032. The growth can be attributed to the mounting adoption of cloud-based services across all organization sizes. The trend of increasing cloud-based service adoption is leading to an enhanced demand for API security solutions to protect APIs on the cloud.

    Cloud-based API security solutions have numerous advantages over on-premise ones, such as centralized management, scalability, and flexibility, thus leading to a high demand for cloud-based API security solutions. Figure 2: Api Security Market, By Condition, 2023 & 2032

    Api Security Market API Type Insights

    The API type segment is a crucial aspect of the Api Security Market segmentation. It categorizes the market based on the different types of APIs used in various applications. Key API types considered in this segment include SOAP, REST, and GraphQL. SOAP (Simple Object Access Protocol) is a widely adopted API type that follows a structured XML-based messaging format. It provides a standardized way to exchange data between applications and services, making it a popular choice for enterprise-level integrations. REST (Representational State Transfer) is another prominent API type that utilizes a simpler and more flexible approach.

    It leverages HTTP methods and resource-oriented architecture to interact with data and services. RESTful APIs are commonly used in modern web and mobile applications due to their ease of use and scalability. GraphQL (Graph Query Language) is an emerging API type that has gained significant traction in recent years. It allows clients to request specific data from a server in a flexible and efficient manner. GraphQL APIs provide a more dynamic and customizable approach compared to traditional API types, making them well-suited for complex data fetching scenarios.

    According to market data, the Api Security Market revenue for the SOAP API type is projected to reach approximately USD 1.8 billion by 2024, growing at a steady pace due to its established presence in enterprise environments. The REST API type is expected to hold a significant market share with a valuation of around USD 2.2 billion in 2024, driven by its widespread adoption in modern web and mobile applications.

    Api Security Market Deployment Model Insights

    The deployment model segment of the Api Security Market is segmented into Gateway and Out-of-Band. In 2023, the Gateway segment held a larger market share, and it is expected to maintain its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing adoption of API gateways as a centralized solution for managing and securing APIs. Out-of-Band deployment is expected to witness significant growth over the forecast period due to its ability to provide additional security measures beyond the capabilities of API gateways.

    The Api Security Market revenue for the Gateway segment is projected to reach USD 10.2 billion by 2024, growing at a CAGR of 18.5%. The Out-of-Band segment is expected to reach USD 4.3 billion by 2024, growing at a CAGR of 19.2%.

    Api Security Market Functionality Insights

    The Api Security Market segmentation by Functionality includes Authentication and Authorization, Traffic Control and Monitoring, and Data Protection and Encryption. The Authentication and Authorization segment is expected to hold the largest share of the market in 2023, owing to the increasing need for protecting APIs from unauthorized access. The Traffic Control and Monitoring segment is expected to grow at the highest CAGR during the forecast period due to the rising demand for solutions that can help enterprises monitor and control API traffic.

    The Data Protection and Encryption segment is expected to account for a significant share of the market in 2023 as enterprises focus on protecting sensitive data from breaches and cyberattacks.

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    Regional Insights

    The Api Security Market revenue was valued at 6.22 USD Billion in 2023. The market is segmented into regions including North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023, with a significant contribution from the United States and Canada. The region's high adoption of cloud computing and the presence of major technology companies drive its dominance. Europe is the second-largest regional market, with key markets in Germany, the United Kingdom, and France. Growing awareness of data security regulations and the increasing adoption of APIs fuel market growth in the region.

    The APAC region is expected to witness the highest growth rate over the forecast period, driven by the rapid digital transformation and the rising number of internet users in countries like China, India, and Japan. South America and MEA are emerging markets with growing potential, as businesses in these regions increasingly recognize the importance of API security. Figure 3: Api Security Market, By Regional, 2023 & 2032

    Api Security Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Api Security Market industry are continuously investing in research and development to enhance their offerings and gain a competitive edge. Leading Api Security Market players are focusing on developing innovative solutions that address the evolving security challenges faced by businesses. The Api Security Market development landscape is characterized by strategic partnerships and acquisitions as companies seek to expand their capabilities and strengthen their market position. The competitive landscape is expected to remain dynamic, with new entrants and disruptive technologies shaping the market dynamics.

    Several key players are actively involved in mergers and acquisitions to expand their product portfolios and gain market share.

    Akamai Technologies, Inc. is a leading provider of cloud-based security and content delivery solutions. The company offers a comprehensive suite of API security solutions designed to protect APIs from a wide range of threats, including DDoS attacks, OWASP Top 10 vulnerabilities, and data breaches. Akamai's API security solutions leverage machine learning and artificial intelligence to detect and mitigate threats in real time. The company has a global customer base and serves a diverse range of industries, including financial services, healthcare, and retail.

    One of Akamai Technologies, Inc.'s key competitors in the Api Security Market is Imperva, Inc. Imperva is a leading provider of data security solutions. The company offers a range of API security solutions, including API gateways, API firewalls, and API threat detection and response solutions. Imperva's API security solutions are designed to protect APIs from a variety of threats, including data breaches, DDoS attacks, and OWASP Top 10 vulnerabilities. The company has a strong global presence and serves a diverse range of industries, including financial services, healthcare, and retail.

    Key Companies in the Api Security Market market include

    Industry Developments

    • Q4 2024: Postman breach leaked real API keys and sensitive data In December 2024, it was discovered that 30,000 Postman workspaces were exposed, containing live API keys, access tokens, and sensitive payloads, including healthcare records and enterprise credentials. The breach was due to publicly shared workspaces lacking security controls.
    • Q1 2025: 99% of organizations report API security incidents In February 2025, a security provider reported that 99% of surveyed organizations experienced at least one API security issue in the prior 12 months, with injection attacks and Broken Object Level Authorization (BOLA) being the most common threats.

    Future Outlook

    Api Security Market Future Outlook

    The Global API Security Market is projected to grow at an 17.17% CAGR from 2025 to 2035, driven by increasing cyber threats, regulatory compliance, and the rise of cloud-native applications.

    New opportunities lie in:

    • Develop AI-driven security solutions to enhance threat detection and response capabilities. Expand API security services tailored for IoT devices to capture emerging market segments. Invest in partnerships with cloud service providers to integrate security solutions seamlessly.

    By 2035, the API Security Market is expected to achieve substantial growth, reflecting heightened security demands and technological advancements.

    Market Segmentation

    Api Security Market API Type Outlook

    • {""=>["Gateway"
    • "Out-of-Band"]}

    Api Security Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Api Security Market Functionality Outlook

    • {""=>["North America"
    • "Europe"
    • "South America"
    • "Asia Pacific"
    • "Middle East and Africa"]}

    Api Security Market Deployment Model Outlook

    • {""=>["Authentication and Authorization"
    • "Traffic Control and Monitoring"
    • "Data Protection and Encryption"]}

    Api Security Market Target Environment Outlook

    • {""=>["SOAP"
    • "REST"
    • "GraphQL"]}

    Report Scope

    Report Attribute/MetricDetails
    Market Size 20248.54 (USD Billion)
    Market Size 202510.89 (USD Billion)
    Market Size 203548.82 (USD Billion)
    Compound Annual Growth Rate (CAGR)17.17% (2025 - 2035)
    Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2023
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledF5 Networks,  Check Point Software Technologies, Auth0, PingID, Okta, Citrix Systems, Imperva, ForgeRock, Microsoft, Ping Identity, IBM, Thales, CA Technologies, Akamai Technologies, Google
    Segments CoveredTarget Environment, API Type, Deployment Model, Functionality, Regional
    Key Market OpportunitiesRising API-led connectivity Growing cloud and SaaS adoption Increasing security threats Regulatory compliance mandates Need for real-time API protection
    Key Market DynamicsIncreasing API Adoption Growing Threat Landscape Regulatory Compliance Cloud Migration Need for Proactive Security
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    FAQs

    What is the market size of the Api Security Market?

    The Api Security Market is expected to reach a valuation of USD 7.29 billion in 2023 and is projected to grow at a CAGR of 17.17% to reach a valuation of USD 41.66 billion by 2034.

    What are the key regions driving growth in the API Security Market?

    North America is expected to dominate the API Security Market, followed by Europe and Asia-Pacific. The growth in these regions can be attributed to the increasing adoption of cloud services, the rising number of API-driven applications, and stringent government regulations related to data security.

    What are the key application areas of API Security?

    API Security is used in a wide range of applications, including e-commerce, banking, healthcare, and government. It is used to protect APIs from unauthorized access, data breaches, and other security threats.

    Who are the key competitors in the API Security Market?

    Key competitors in the API Security Market include Imperva, Akamai Technologies, F5 Networks, IBM, and Microsoft. These companies offer a range of API security solutions, including API gateways, API security scanners, and API threat intelligence.

    What are the key trends shaping the API Security Market?

    Key trends shaping the API Security Market include the increasing adoption of cloud-based API platforms, the growing use of APIs in mobile applications, and the increasing sophistication of API attacks.

    What are the challenges facing the API Security Market?

    Challenges facing the API Security Market include the lack of awareness about API security risks, the shortage of skilled API security professionals, and the increasing complexity of API ecosystems.

    What are the opportunities for growth in the API Security Market?

    Opportunities for growth in the API Security Market include the growing demand for API-driven applications, the increasing adoption of cloud services, and the increasing awareness of API security risks.

    What is the forecast for the API Security Market?

    The API Security Market is expected to grow at a CAGR of 17.17% from 2025 to 2034, reaching a valuation of USD 41.66 billion by 2034.

    What is the impact of COVID-19 on the API Security Market?

    The COVID-19 pandemic has accelerated the adoption of digital technologies, leading to an increased reliance on APIs. This has, in turn, led to an increased demand for API security solutions.

    What are the key factors driving the growth of the API Security Market?

    Key factors driving the growth of the API Security Market include the increasing adoption of cloud-based API platforms, the growing use of APIs in mobile applications, and the increasing sophistication of API attacks.

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