API State of the Market

The trends, tools, and transformations shaping the API economy in 2024

Benchmark report

2024 Edition

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Whether you build, consume, or govern APIs, this report offers a front-row view into what’s happening now—and what to prepare for next.

What you'll learn

  • The key forces driving growth in API traffic, tooling, and regulation
  • Why federated API management is emerging as a must-have for digital maturity
  • How platform engineering is evolving API consumption practices
  • The role of AI in reshaping both API products and developer workflows
  • Why API security tools are entering a new rebundling phase

Why it matters

  • Complexity is rising and managing APIs today requires real strategy
  • Global regulations are driving mandatory API adoption
  • AI is becoming embedded, and it’s influencing how APIs are built, consumed, and governed
  • Security must scale with growth

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PDF

2024

English

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Mentioned in the report

APIs are the backbone of modern software and application development. They have become a cornerstone of modern architectures that enable businesses to stay agile and compete effectively.

Steve Lucas

at Boomi

Are your tools keeping up with the market?

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