Press Release Description
Increasing Digital Transformation Drives Middle East API Management Market at a Projected CAGR of 15.78% During 2025-30
The Middle East API Management Market size was valued at around USD 56.99 Million in 2024 and is projected to reach USD 151.29 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.78% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The main reasons behind this growth are the advancements in technology and the increasing demand for effective exchange of data among software and applications. They increase the use of API for the same. As a result, the demand for API management solutions also increases to ensure the smooth and secure functioning of those APIs.
Moreover, the e-commerce sector is experiencing continuous growth in this region due to high smartphone and internet usage. As a result, there is a huge amount of data that is regularly required for various activities such as inventory management, payment management, shipping information, etc. Such data is provided to various customers also through their smartphones. Hence, e-commerce companies require API management to deal with those numerous APIs.
Furthermore, various countries in this region such as the UAE and Saudi Arabia have launched various smart city projects such as the NEOM smart city in Saudi Arabia. These smart cities require APIs to connect with various sectors such as transport, healthcare, etc. Hence, such projects will increase the demand for API management solutions to manage their big data and ensure the visitor’s satisfaction.
Additionally, the cyber-attacks in this region are rising. For instance, Dubai alone faces around 50,000 cyber-attacks every day. As a result, it becomes important for organizations to get robust API management solutions for the security of their data. Also, the governments of these regions are highly focused on digitalizing various sectors such as healthcare, transport, IT, etc., which will further increase the demand for APIs for governance and hence the API management solutions for their effective working, further states the research report, “Middle East API Management Market Analysis, 2025.”
Segmentation Analysis
Security Holds a Major Market Share
Based on the application, the market is further bifurcated into Gateway, Security, Analytics, Governance, and others. Here, the security segment leads the market with a share of around 50%. This is because the security of the data from cyber threats is considered the most important factor by any organization in this region. This is due to the increasing number of cyber-attacks. For instance, only Saudi Arabia faces around 110 million cases of cyber-attack in 2022. As a result, the API management solution providers are highly focused on making more advanced security features such as encryption, authentication, and authorization.
Additionally, countries such as the UAE and Saudi Arabia have strict rules regarding storing and managing data. Hence, security becomes the first priority for the APIs in order to align with the regulations. Therefore, due to the increasing number of cyber-attack cases, security has been the most important component offered by the API management market.
The UAE Leads the Middle East API Management Industry
Regionally, the UAE is the most prominent user of API management solutions with a market share of around 39%. This is because the UAE has highly advanced technological infrastructure with most of the companies focusing on digitalization. As a result, numerous companies use APIs in their operations to improve connectivity and streamline their operations. This further increases the demand for API management solutions to ensure the safe and efficient working of those APIs.
Additionally, emerging companies and start-ups are highly inclined towards services that align with their budgets. Such motives increase the use of cloud services in the UAE. Hence, to ensure the safety of data on those clouds from cyber threats, API management is highly used. Therefore, this combination of government strategy, business ecosystem, and technological infrastructure positions the UAE at the forefront of the market in the Middle East.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Microsoft, Amazon Web Services, Google Cloud, Red Hat, Oracle, Wipro, IBM, MuleSoft, SAP, Axway, WSO2, Perforce, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & service adoption?
- How has the competition been shaping up across the countries?
- How have buying behavior, customer inclination, and expectations from service been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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