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 objectives of the report are to . 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. 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. During the same period, overall API traffic per customer grew 168%, indicating that API usage is also exploding. API Security Gartner - By 2022, Gartner estimates that the most popular attack vector will be spear phishing, resulting in violations of company web applications. 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 . January is the time of predictions for the year ahead. As you might expect, this has led to some consolidations, as the bigger SOA governance vendors buy out smaller API management vendors. The Investor Relations website contains information about Akamai Technologies Inc.'s business for stockholders, potential investors, and financial analysts. Apigee has the best monetization tools. pure-play is a company focused on API security. 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. In this year's report, Google (Apigee) is placed highest among all the vendors for the ability to execute. The Market Guide defines email security market challenges, outlines categories and Representative Vendors, and provides . The rising number of cyber-attacks on sensitive information and government strict rules to avoid . This is the third year in a row Splunk was named the leader in this segment. Although this niche is relatively young, startups have raised hundreds of millions, and a couple has reached unicorn status. 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.. Broad native support for protocols, technologies and message formats (REST, SOAP, JMS, JSON), security . API security is an important aspect of web application security. The API Protection Tools enables breach detection and . MuleSoft is best in connecting applications. Organizations use API protection tools to prevent malicious attacks or misuse of application program interfaces (API). This means that we can provide API security scan results for every single commit. 3scale is best for its developer portal. * 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. 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. [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. API gateways: Runtime management, security and usage monitoring for APIs. 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. 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. The startup API security market is coming into its own. 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.. 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. 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. DOWNLOAD PDF. In total, the application service governance market was valued at around $474 million last year, Gartner states. In a new market guide, Gartner highlighted the importance of capabilities that Avanan and other API vendors leverage in email security. Major factors . API security has become a key part of WAAP evaluations, Gartner has found, with WAAP providers competing against more specialized API threat protection vendors. Gartner predicts that by 2022, application programming interface (API) attacks will become the most-frequent attack vector, causing data breaches for enterprise web applications. Jan 18, 2022. It adds security capabilities within applications to prevent . API Security Market Size And Forecast. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well . The pain of protecting APIs against . stage 4 predator 212. PALO ALTO, Calif. - February 10, 2022 - Salt Security, the leading API security company, today announced that it raised $140 million in Series D funding, led by CapitalG, Alphabet's independent growth fund, with participation from all existing investors. Similar change in application security has now been defined by an annual report with a new name. Gartner predicts that by 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications. Last week, Gartner published the 2021 edition of its Market Guide for SaaS Management Platforms (SMPs). Market Overview: The global network security market size reached US$ 25.14 Billion in 2021. Weak API security can result in painful, damaging consequences . 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. 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. 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. In the most recent quarter of 2021 alone, Wallarm analyzed more than 44 trillion application and API requests. Kong is an open source API management platform. This can be attributed to the increasing number of cyber-attacks or API attacks incidence across the globe. Mergers and acquisitions are taking place in order to pursue global projects 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. . The global API Management will grow at a CAGR of 29% with market size of around USD 21.68 billion by 2028. 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. With API proliferation and each API being an additional and potentially unique attack vector, traditional application . Analyst Landscape 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. GC Security has 1 review with an overall average rating of 5. . However, system integrators and SOA and PaaS integrations are . The market comprises tools offering core testing capabilities e.g., static, dynamic and interactive testing; software composition analysis (SCA); and various . 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. Already, many well-publicized API security vulnerabilities affected a wide range of organizations. This report follows the release of the 2020 Gartner . 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. Akana provides the best lifecycle management tool. The Gartner Market Guide for Security Awareness Computer Based Training provides organizations excellent guidance on the key issues for training users on safe computing. 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. In 2018, Kong was first positioned onto the Gartner Magic Quadrant for Full Lifecycle API Management Market as a Visionary. 1 Gartner Market Guide for Operational Technology Security, Katell Thielemann, Wam Voster, Barika Pace, Ruggero Contu. The report analyzes and forecasts API management market on a global and regional level. 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 Company focuses on stopping API attacks before they result in a breach. This in itself was a very impressive feat given that Kong was started as an open source project just three years before that. Mashery is best for conversion to RESTful and SOAP protocols. In this guide, Gartner provides a comprehensive list of capabilities that security leaders should look for in an email security solution. Too many organizations see API management, and API security in particular, in purely defensive terms. 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. Download the full report here. Netskope is the only vendor listed within the Market Guide report that is also a Leader in the . That's what Gartner explores in its recently published 2021 Market Guide for Email Security report. Cloud WAAPs are cloud-delivered services that primarily protect public-facing web applications and . 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 . 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. Opinions: Threat predictions for 2020. * APIs allow millions of connected devices to talk to backend servers, access data and communicate with partners, customers and employees. An eff +1(646) 600-5072. . The base year considered for the study is 2016 and the forecast period is 2017-2022. Gartner estimates that the entire security market grew 10% year-over-year to $49.7B billion, with the SIEM market consisting . 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 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. 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 . Application security is the process of securing applications by finding, fixing, and enhancing the security of apps. Gartner analysts said the strong growth rate reflects continuing demand for remote worker . 2 Gartner, API Security: What You Need to Do to Protect ThreatX has been named in the 2022 Magic Quadrant for Cloud Web Application and API Protection for the second consecutive year. Enterprises need to create an industry vision for digital business. 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. Companies are increasing their size to face global competition. 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. Safeguarding devices connected to the internet that protect from various threats in the cyberspace are referred to as cyber security. API breaches are continuing to occur frequently. All rights . With the development in API economy, data and services can be easily accessed. 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 Indian API market is segmented on the basis of type, type of synthesis, manufacturer type, therapeutics, and region. Gartner estimates that API attacks will soon become . Welcome to the API Economy. 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