However, system integrators and SOA and PaaS integrations are . Companies are increasing their size to face global competition. It adds security capabilities within applications to prevent . * Gartner, API Security: What You Need to Do to Protect Your APIs, 2021, Mark O'Neill, Dionisio Zumerle, Jeremy D'Hoinne, Refreshed 01 March 2021, Published 28 August 2019. Safeguarding devices connected to the internet that protect from various threats in the cyberspace are referred to as cyber security. Although this niche is relatively young, startups have raised hundreds of millions, and a couple has reached unicorn status. Netskope is the only vendor listed within the Market Guide report that is also a Leader in the . . * APIs allow millions of connected devices to talk to backend servers, access data and communicate with partners, customers and employees. With API proliferation and each API being an additional and potentially unique attack vector, traditional application . Looking forward, IMARC Group expects the market to reach US$ 66.2 Billion by 2027, exhibiting a growth rate (CAGR) of 16.10% during 2022-2027. The global application security market size was valued at $5,973.00 million in 2020, and is projected to reach $33,941.00 million by 2030, registering a CAGR of 18.7%. Opinions: Threat predictions for 2020. Security concerns associated with API might impede the market growth of API management for a fixed period. Attack activity continues to keep pace with this dramatic API usage growth and now . In 2018, Kong was first positioned onto the Gartner Magic Quadrant for Full Lifecycle API Management Market as a Visionary. The Global API Management Market size is expected to reach $6.2 billion by 2024, rising at a market growth of 28.4% CAGR during the forecast period. The global cyber security market size was valued at $197.36 billion in 2020, and is projected to reach $478.68 billion by 2030, growing at a CAGR of 9.5% from 2021 to 2030. The base year considered for the study is 2016 and the forecast period is 2017-2022. The global mobile security market size was valued at USD 19.83 Billion in 2019, and is projected to reach USD 122.89 Billion by 2027, growing at a CAGR of 25.8% from 2020 to 2027. The market comprises tools offering core testing capabilities e.g., static, dynamic and interactive testing; software composition analysis (SCA); and various . Integrating other tools at this stage of the SDLC is typically difficult, at best. Company focuses on stopping API attacks before they result in a breach. The digital revolution and the need to understand customers are increasing which in turn . The API, in general, includes several protocols, tools, and subroutines that can be used to develop . The objectives of the report are to . Here's how email security from Proofpoint lets customers have their cakeand eat it, too. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. On October 7 2021, Gartner published their latest 'Market Guide for Email Security', a research document derived from more than 1,400 Gartner client interactions between June 2020 and June 2021 that covers the ongoing evolution of the email security market [1]. It entails safeguarding software, data . Gartner estimates that the entire security market grew 10% year-over-year to $49.7B billion, with the SIEM market consisting . The study offers past data of 2016 along with forecast from 2021 to 2028 based on . Kong is an open source API management platform. Palo Alto, Calif. - June 2, 2020 - Salt Security, the leading API security company, today announced that it has been named a May 2020 Cool Vendor in API Strategy by Gartner Inc., the world's leading research and advisory company.The report recognizes "three vendors offering innovative solutions that tackle emerging . Too many organizations see API management, and API security in particular, in purely defensive terms. While there was a slight decline in its market share from 32.4% in 2019, its revenue grew by 28% year-on-year in 2020. Welcome to the API Economy. Application leaders can use this research to learn instead how to leverage technologies such as OAuth to gain business advantage from APIs. This year's Gartner Market Share: All Software Markets, Worldwide 2020 report places Splunk as No. Already, many well-publicized API security vulnerabilities affected a wide range of organizations. Gartner published the 2021 Magic Quadrant for Web Application and API Protection and, despite the new name and expanded scope, Imperva has been named a Leader and rated highest for Completeness of Vision consistently throughout. Jan 18, 2022. API breaches are continuing to occur frequently. Gartner predicts that by 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications. CISOMAG has published "5 Threat Predictions for 2020" by Raj Samani, Chief Scientist and McAfee Fellow at McAfee. CSPM stands for Cloud Security Posture Management, an IT security tool that offers real-time visibility, aids in monitoring existing resources, enables team members to discover misconfiguration issues and compliance risks in the cloud. All rights . This in itself was a very impressive feat given that Kong was started as an open source project just three years before that. Cloud WAAPs are cloud-delivered services that primarily protect public-facing web applications and . 1 Gartner Market Guide for Operational Technology Security, Katell Thielemann, Wam Voster, Barika Pace, Ruggero Contu. The right API management platform can help you get the most value from your data, whether you're looking to accelerate innovation, improve efficiency or open new revenue channels. In the most recent quarter of 2021 alone, Wallarm analyzed more than 44 trillion application and API requests. Cloud web application and API protection platforms (WAAPs) mitigate a broad range of runtime attacks, notably the Open Web Application Security Project (OWASP) top 10 for web application threats, automated threats and specialized attacks on APIs. Last week, Gartner published the 2021 edition of its Market Guide for SaaS Management Platforms (SMPs). Last year's infamous Gartner Hype Cycle for API-driven architecture attempts to map out the the direction the API economy is heading. Gartner's materials are usually only available for purchase or to their corporate clients. The API security market is expected to grow 26.3% between 2022 and 2032, according to research from Future Market Insights earlier this month. Built to scale, Wallarm API Security Platform is used to protect the world's largest APIs against emerging attacks, such as OWASP Top 10 threats, API abuse, account takeover, bad bots, and more. API Management Market Size (2022 - 2027) The global application programming interface management (API) market size will grow from US $4.1 billion in 2021 to US $8.41 billion in 2027, recording a CAGR of about 34% during the forecast period. Gartner lists four big acquisitions since the last edition of this report in 2011: Axway acquired . The API Protection Tools enables breach detection and . Dell Boomi is best in integrating cloud applications. Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences, and do not represent the views of Gartner . Apigee has the best monetization tools. The report analyzes and forecasts API management market on a global and regional level. See how the recognized platforms compare in the 2021 Gartner Magic Quadrant for Full Life . API security is an important aspect of web application security. However, next month Gartner will be hosting a webinar on API security, by O'Neill and Zumerle, available to anyone (free registration is still required): API Security: Protect your APIs from Attacks and Data Breaches July 15, 2021 8:00 a.m. PDT The worldwide API Security market is expected to grow at a booming CAGR of 2022-2030, rising from USD billion in 2021 to USD billion in 2030. The Gartner Market Guide for Security Awareness Computer Based Training provides organizations excellent guidance on the key issues for training users on safe computing. API security has become a key part of WAAP evaluations, Gartner has found, with WAAP providers competing against more specialized API threat protection vendors. Major factors . APIs enable millions of connected devices to communicate with backend servers, gain access to data, and communicate with one another. This can be attributed to the increasing number of cyber-attacks or API attacks incidence across the globe. DOWNLOAD PDF. With the development in API economy, data and services can be easily accessed. Summary. Analyst Landscape This report follows the release of the 2020 Gartner . An eff +1(646) 600-5072. . In total, the application service governance market was valued at around $474 million last year, Gartner states. In fact, according to the report authors, "Gartner estimates end-user spending in this expanded AST market reached $2.2 billion worldwide in 2020." This year, Gartner decided to expand the scope of AST to include API and Infrastructure as Code (IaC) testing, among others. Gartner has released their latest report on API security: "API Security: What You Need to Do to Protect Your APIs" by Dionisio Zumerle, Jeremy D'Hoinne, and Mark O'Neill. The startup API security market is coming into its own. . . He predicts the following trends in cyber security: Broader deepfake capabilities will be available even for attackers with less skills. . June 09, 2016. PALO ALTO, Calif. - February 10, 2022 - Salt Security, the leading API security company, today announced that it raised $140 million in Series D funding, led by CapitalG, Alphabet's independent growth fund, with participation from all existing investors. On the basis of type, the market is divided into a generic API and branded API. The global API Management market accounted for USD 2493.9 Million in 2020 and is expected to reach USD 6263.0 Million by 2028, growing at a CAGR of 11.3% from 2021 to 2028. Download the full report here. 2022 to 2030. Gartner just released a new report on API Security, Predicts 2022: APIs Demand Improved Security and Management. This means that we can provide API security scan results for every single commit. The Investor Relations website contains information about Akamai Technologies Inc.'s business for stockholders, potential investors, and financial analysts. Investment cements Salt Security as the leader in API security and supercharges its growth to drive global innovation in API security. [124 Pages Report] The global API testing market size is expected to grow from USD 384.3 Million in 2016 to USD 1,099.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.69% from 2017 to 2022. Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, has been recognized by Gartner as a Leader in the 2021 Magic Quadrant. On the curve, private APIs are deemed established as a model for business process improvement and innovation, which in turn affects the rest of the predictions and insights that Gartner makes. API Security Market Size And Forecast. The Application Security Market was valued at USD 6.38 billion in 2020 and is expected to reach USD 15.76 billion by 2026, at a CAGR of 16.4% over the forecast period 2021 - 2026. Low security in the API can lead to painful and damaging effects . The Indian pharmaceutical market has increased by 7.4 % and reached around $19.0 billion in 2017 and expected to reach nearly $29.0 billion in 2022. Gartner estimates that API attacks will soon become . 2 Gartner, API Security: What You Need to Do to Protect Organizations use API protection tools to prevent malicious attacks or misuse of application program interfaces (API). METHODOLOGY. View Sample Report. January is the time of predictions for the year ahead. Worldwide spending on information security and risk management technology and services is forecast to grow 12.4% to reach $150.4 billion in 2021, according to the latest forecast from Gartner, Inc. Security and risk management spending grew 6.4% in 2020. The easy integration of API security scanning early in the software development life cycle is a unique position that GitLab has in the API Security market. In this year's report, Google (Apigee) is placed highest among all the vendors for the ability to execute. DOWNLOAD PDF. More vendors have introduced decent . Indusface WAAP is a fully managed solution that protects web applications and APIs seamlessly. The 2022 Gartner Magic Quadrant for Web Application and API Protection . Central to full life cycle API management offerings' capabilities is support in the following functional areas: Developer portals: A self-service catalog of APIs for enabling, marketing to, and governing ecosystems of developers who produce and consume APIs. Gartner defines the application security testing (AST) market as the buyers and sellers of products and services designed to analyze and test applications for security vulnerabilities. We're excited to share that Gartner has recognized Google Cloud's Apigee as a Leader in the 2021 Magic Quadrant for Full Life Cycle API Management, marking the sixth time in a row we've earned this recognition.We believe this achievement is a testimony to Google Cloud's differentiated vision for API management and strong track record of delivering continuous product innovation. ThreatX has been named in the 2022 Magic Quadrant for Cloud Web Application and API Protection for the second consecutive year. From an analyst perspective, Gartner couples web application security and API protection into WAAP, where Akamai . Application security is the process of securing applications by finding, fixing, and enhancing the security of apps. [215 Pages Report] The 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. 1 in the SIEM market with 29% market share. Web application and API security is a big and growing concern, and ThreatX delivers an integrated platform that empowers customers to protect APIs and web apps against attacks in real time.. It also shows the Show more View Detail The term CSPM was coined by an IT research and advisory firm - Gartner in a 2019 innovation paper. Personalize your research by company size, industry or region. Enterprises need to create an industry vision for digital business. Weak API security can result in painful, damaging consequences . API Security Gartner - By 2022, Gartner estimates that the most popular attack vector will be spear phishing, resulting in violations of company web applications. The global API Management will grow at a CAGR of 29% with market size of around USD 21.68 billion by 2028. pure-play is a company focused on API security. 2021 Gartner Magic Quadrant for Full Life Cycle API Management. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well . These "Gartner Predicts" reports, released every year, address the technologies analysts see as a critical priority, sharing top-level guidance on how to approach the latest challenges in that particular space. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. The Market Guide defines email security market challenges, outlines categories and Representative Vendors, and provides . Mashery is best for conversion to RESTful and SOAP protocols. The API security market is estimated to rise at 26.3% CAGR between 2022 and 2032 in comparison with the 24.0% CAGR registered during 2017-2021. Market Overview: The global network security market size reached US$ 25.14 Billion in 2021. Mergers and acquisitions are taking place in order to pursue global projects With effective security awareness programs, organizations can mitigate people-centric threats. Contributor: Christy Pettey. GC Security has 1 review with an overall average rating of 5. . Application security has become a necessity with an increasing number of companies looking to develop their own apps, in addition to purchasing a record number of . That's what Gartner explores in its recently published 2021 Market Guide for Email Security report. APIs vendors are praised for ease of "evaluating and deploying" while improving" detection accuracy." As the report notes, by 2025, 20% of anti-phishing solutions will be delivered via API, up from 5% today. Gartner predicts API violence. We're excited to share that Gartner has recognized Google (Apigee) as a Leader in the 2020 Magic Quadrant for Full Life Cycle API Management, marking the fifth time in a row we've earned this recognition. Gartner cites the following as being the most important capabilities and features associated with API testing and service virtualization tools: "Seamless integration between service virtualization solution and the service/API testing tool. stage 4 predator 212. GC Security is present in 1 market with 1 product. 6 GLOBAL API SECURITY MARKET, BY ORGANIZATION SIZE 6.1 Overview 6.2 Small enterprises 6.3 Medium enterprises 6.4 Large enterprises 7 GLOBAL API SECURITY MARKET, BY INDUSTRIES 7.1 Overview 7.2 BFSI 7.3 IT & Telecom 7.4 Government 7.5 Healthcare and life sciences 7.6 Retail and consumer goods 7.7 Others 8 GLOBAL API SECURITY MARKET, BY GEOGRAPHY . As the Internet of Things (IoT) gets smarter, things using an application programming interface (API) to communicate, transact and even negotiate with one another will become the norm. In this guide, Gartner provides a comprehensive list of capabilities that security leaders should look for in an email security solution. In a new market guide, Gartner highlighted the importance of capabilities that Avanan and other API vendors leverage in email security. The API market is increasingly a global business integrated in the supply chain of pharmaceuticals, in which APIs constitute the most important components in terms of clinical efficacy and value. 3scale is best for its developer portal. 4 August 2022. Proofpoint's Security Awareness Training is empowering thousands of organizations . Gartner predicts that by 2022, application programming interface (API) attacks will become the most-frequent attack vector, causing data breaches for enterprise web applications. API Security Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. This is the third year in a row Splunk was named the leader in this segment. Salt customer data shows the average number of APIs per customer grew 82% over last year, up from 89 in July 2021 to more than 162 in July 2022. Gartner analysts said the strong growth rate reflects continuing demand for remote worker . In this report, you'll find insights from Gartner into why single-vendor SASE delivers converged network and security capabilities connecting and securing distributed users, devices, and locations to resources in the cloud, edge, and on-premises. Kong Named a Leader in the 2020 Gartner Magic Quadrant for Full Lifecycle API Management. This post is also available in: Japanese We are proud and honored to be scored highest in two out of four Use Cases (3.57/5 for API and 3.66/5 for High Security Use Cases) in the latest 2020 Critical Capabilities for Application & API Protection report*, and we believe we are the only vendor to be scored highest in 2 out of 4 use cases.. The Indian API market is segmented on the basis of type, type of synthesis, manufacturer type, therapeutics, and region. Similar change in application security has now been defined by an annual report with a new name. Broad native support for protocols, technologies and message formats (REST, SOAP, JMS, JSON), security . Gartner defines WAAP (Web Application and API Protection) as the evolution of the web application firewall market (WAF), expanding WAF capabilities to four core features: WAF, DDoS protection, bot management and API protection. See More: Azure's Skyrocketing Growth Drives Record Revenue for Microsoft Meanwhile, global cloud spending has been significant, reaching $39.9 billion in Q4 last year - up to $10 billion year-on-year. MuleSoft is best in connecting applications. During the same period, overall API traffic per customer grew 168%, indicating that API usage is also exploding. As you might expect, this has led to some consolidations, as the bigger SOA governance vendors buy out smaller API management vendors. The pain of protecting APIs against . Akana provides the best lifecycle management tool. API gateways: Runtime management, security and usage monitoring for APIs. The rising number of cyber-attacks on sensitive information and government strict rules to avoid . APIs are commonly used as a key to programming web-based interactions enabling access to sensitive software functions and data, thus becoming a primary target for attackers.