About This ShortList

API Management (APIM) is the strategic practice of publishing, securing, and governing APIs (Application Programming Interfaces) that connect applications and services. It acts as a central hub, controlling access, enforcing policies, and collecting valuable data on API usage.

APIM provides streamlined access and documentation to attract and retain developers while providing centralized controls to mitigate API-related vulnerabilities. Faster API deployment fosters collaboration and accelerates digital transformation. It also helps create additional monetization opportunities as APIs can unlock new revenue streams.

The APIM market is expected to reach $20 billion by 2029, fueled by the ever-growing dependency on digital connectivity and API-driven development.

Threshold Criteria

Constellation considers the following criteria for these solutions:

  • API Gateway: Acts as a single entry point for API access, enforcing security policies and rate limits.
  • Developer Portal: Provides developers with documentation, tools, and sandboxes to explore and integrate with APIs.
  • Analytics and Monitoring: Tracks API usage patterns, performance metrics, and potential security threats.
  • Lifecycle Management: Streamlines API creation, versioning, deprecation, and retirement.
  • Automating manual tasks: AI can handle repetitive tasks like API documentation generation and anomaly detection, freeing up resources for strategic efforts.
  • Personalizing developer experiences: AI can recommend relevant APIs and tailor documentation based on developer needs.
  • Enhancing security: AI can identify and mitigate potential security risks with greater accuracy and speed.

The Constellation ShortList™

Constellation evaluates more than 30 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects market share and internal research.

  • Apigee (Google Cloud)
  • Axway
  • Boomi
  • IBM
  • Kong
  • KrakenD
  • Mulesoft
  • Postman
  • Software AG
  • Tray.io

Frequency of Evaluation

Each Constellation ShortList is updated at least once per year. Updates may occur after six months if deemed necessary.

Evaluation Services

Constellation clients can work with the analyst and research team to conduct a more thorough discussion of this Constellation ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.

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