The top 5 API trends for the coming years.
Get to know the 5 main trends in the use of APIs
Application Programming Interfaces (APIs) have been a key part of software development in recent years, enabling communication between different applications and platforms. As technology advances, new trends emerge, and APIs continue to evolve to meet the needs of the market. In this article, we will explore the trends in API usage for the coming years, with current and relevant data.
1 - Increasing use of APIs for system integration
With the proliferation of different systems and platforms, data integration has become a critical need for many companies. APIs have become a popular solution for system integration, allowing different applications to communicate efficiently. According to a survey by IT consulting firm Gartner, by 2023, more than 50 percent of large global enterprises will use APIs for system integration.
2 - APIs for IoT
The number of devices connected to the Internet is constantly growing, and the Internet of Things (IoT) is becoming increasingly popular. APIs play a critical role in integrating IoT devices and communicating between them. According to research by MarketsandMarkets, the global market for IoT APIs is expected to grow at a compound annual growth rate of 23.7% through 2025.
3 - APIs for Artificial Intelligence (AI) and Machine Learning (ML)
AI and ML have been widely adopted in various industries, including healthcare, finance, and retail. APIs play a key role in the development and deployment of AI and ML applications, allowing developers to easily integrate AI and ML functionality into their applications. According to a Zion Market Research survey, the global AI APIs market is expected to grow at a compound annual growth rate of 22.1% through 2026.
4 - APIs for the platform economy
The platform economy is a business model in which companies act as intermediaries between producers and consumers, creating value by enabling interaction between the parties. APIs are fundamental to the platform economy, allowing different applications and services to communicate and create value for the end user. According to Accenture research, the use of APIs is a critical component to the success of the platform economy.
5 - APIs for microservices
Microservices are a software architecture model that divides an application into smaller, independent, and scalable components. APIs are an essential part of the microservices architecture, allowing each component to communicate with the others and offering significant flexibility in application development and deployment. According to research by MarketsandMarkets, the global market for microservices APIs is expected to grow at a compound annual growth rate of 17.8% through 2026.
APIs play an increasingly critical role in the communication between applications and systems, enabling the integration of different platforms and the creation of new solutions for the market. Trends show that the use of APIs will continue to grow in several areas, such as system integration, IoT, AI and ML, platform economics, and microservices.
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