Blockchain Press Releases
USD 47 billion Growth in API Management Market Size – Industry Analysis, Market Trends, Market Growth, Opportunities
NEW YORK, July 19, 2023 /PRNewswire/ — According to Facts and Factors, the global API Management market size was worth around USD 5.4 billion in 2021 and is predicted to grow to around USD 47 billion by 2030 with a compound annual growth rate (CAGR) of roughly 31.1% during the forecast period (2023- 2030).
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API Management Market: Overview
API management revolves around designing followed by publishing and documenting the aspects of the Application programming interface (API). Another critical part of API management is the analysis of API systems in a safe and secure environment. By deploying a concrete and functioning API management system, businesses can ensure that the internal and public APIs created by them for the live market are secure and consumable by the end-users. These solutions encompass multiple facets and features.
However, in the majority of cases, API management tools include tasks like API design where the solution is responsible for providing its users, including partners and developers, with the ability that allows them with the designing, publish, and deployment of APIs along with documentation, descriptions, security policies runtime capabilities, usage limits, and other important or relevant information. Furthermore, the API gateway is another essential feature of modern-age API management systems. This acts as a gatekeeper from all the other application programming interfaces.
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- Includes an Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors Methodology
Key Industry Insights & Findings of the API Management Market Reports:
- As per the analysis, the API Management market share is likely to grow above a CAGR of around 31.1% between 2023 and 2030.
- The API Management market size was worth around USD 5.4 billion in 2021 and is estimated to hit approximately USD 47 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The market is projected to grow at a significant rate due to the growing investments by businesses to integrate information technology (IT) setup
- Based on deployment segmentation, on-premises was predicted to show maximum market share in the year 2021
- Based on end-user segmentation, banking & financial institutes were the leading users in 2021
- On the basis of region, North America was the leading revenue generator in 2021
Facts and Factors published the latest report titled “API Management Market Size, Share, Growth Analysis Report By Deployment (Cloud and On-Premises), By Component (Services and Solutions), By End-User (Retail, Banking & Financial Institutes, Consumer Goods, and Others), By Organization Type (Small & Medium Enterprises and Large Enterprises), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030” into their research database.
API Management Market: Growth Drivers
The global API management market is projected to benefit from the growing trend observed in businesses that tend to incorporate data-driven decision-making for operational purposes. Information technology (IT) has allowed businesses to analyse records and predict future trends making them less vulnerable to business environment changes. API and its management tools make use of advanced systems and technologies to help companies understand consumer expectations and deliver as per the requirement. They contribute to making smart and informed decisions by using data-first monitoring techniques making certain that the data remains uncompromised and safe for further use. The system security provided by API management tools is high and companies are investing in resources that can help them maintain privacy and data security.
Additionally, the global market is projected to benefit from the rising e-commerce industry which is currently one of the largest consumers of API management programs. They require these tools to maintain the high requirement of agility in the business along with data security and workflow automation. Since API programs can help businesses make better use of operation time while also reducing unnecessary expenses, they are projected to create a stronghold in the end-user segment during the forecast period.
API Management Market: Restraints
One of the key growth restrictions that the API management industry players may face would be in terms of the lack of availability of adequate skilled professionals that can meet the growing performance expectations in the segment. This is especially applicable to underdeveloped economies that do not have the necessary and supportive infrastructure to train such skills further discouraged by the lack of knowledge amongst students about the growing applications or API management and its importance.
The research toward the development of accommodative programs may provide growth opportunities whereas navigating through multi-cloud management programs could act as a major challenge.
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Global API Management Market: Segmental Overview
The global API management market is segmented based on deployment, component, end-user, organization type, and region
Based on deployment, the global market is divided into cloud and on-premises
- The on-premises segment is expected to generate the highest revenue during the forecast period since it is the most preferred way in terms of large-scale deployments
- On-premises systems allow better accessibility to the clients since systems are located at the consumer’s site. They also offer higher control over the programs as compared to cloud-based services
- Companies operating in the banking or financing businesses prefer to use on-premise tools and programs
- In the last decade, Bank of America has consistently spent over USD 3 billion on new technology-oriented initiatives
Based on component, the global market is segmented into services and solutions
- In 2021, the API management industry registered the highest growth in the solutions segment and is anticipated to continue the same trend during the forecast period
- The growth is propelled by the rise in the number of high-technology applications along with the growing integration of internet of things (IoT) technologies
- Under such situations, businesses are required to ensure that more data passes through API systems for providing an enhanced external and internal customer experience
- The expense of using IBM API connect starts at around USD 100 per month
Based on end-user, the API management industry is divided into retail, banking & financial institutes, consumer goods, and others. By organization type, the market is divided into small & medium enterprises and large enterprises
Recent Developments:
- In April 2021, Google announced the launch of Apigee X. The newly launched product is the next-generation version of the Apigee API management platform which the company acquired in 2016. The company stated that the platform is responsible for handling more than 2.2 API calls annually
- In December 2021, Mulesoft, the world’s leading provider of integration and API platform, registered the launch of a new universal API management capacities that can manage and secure all APIs from any place in the world
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Competitive Players
The report contains qualitative and quantitative research on the global API Management Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness.
Some of the main players in the global API Management market include;
- IBM
- Microsoft
- Software AG
- Oracle Corporation
- Broadcom Inc.
- Red Hat
- TIBCO Software
- Kong Inc.
- Akana Inc.
- Cloud Elements Inc.
- CA Technologies Inc.
- Mashape Inc.
- Hewlett-Packard Enterprises Co.
- SAP SE
- Mulesoft Inc.
- WSO2
- Akamai Technologies
- Kony, and others
Key questions answered in this report:
- What is the growth rate forecast and market size for API Management Market?
- What are the key driving factors propelling the API Management Market forward?
- What are the most important companies in the API Management Market Industry?
- What segments does the API Management Market cover?
- How can I receive a free copy of the API Management Market sample report and company profiles?
Report Scope:
|
Report Attribute |
Report Details |
|
Market Size in 2021 |
USD 5.4 Billion |
|
Market Forecast in 2030 |
USD 47 Billion |
|
Growth Rate |
CAGR of 31.1% |
|
Base Year |
2021 |
|
Forecast Years |
2023- 2030 |
|
Key Companies Covered |
IBM, Google, Microsoft, Software AG, Oracle Corporation, Broadcom Inc., Red Hat, TIBCO software, Kong Inc., Akana Inc., Cloud Elements Inc., CA Technologies Inc., Mashape Inc., Hewlett-Packard Enterprises Co., SAP SE, Mulesoft Inc., WSO2, Akamai Technologies, Kony, Axeway, Broadcom company, Sensedia, Rogue Wave Software, Tyk Technologies, Torry Harris Business Solutions, Dell Boomi, Osaango, Postman, Amazon Web Services., and others. |
|
Segments Covered |
By Deployment, Component, End-User, Organization Type, and Region |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
|
Customization Scope |
Avail customized purchase options to meet your exact research needs. |
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Regional Overview:
The global API management market is projected to witness the highest growth in North America owing to the large-scale adoption of these systems across industries in the countries of the US and Canada. The highly developed IT infrastructure of these regions allows them to stay ahead in the game as they create a supportive environment for further research and development. Growth in Europe may be driven by the increasing rate of commercialization and growing technology adoption amongst businesses.
Asia-Pacific is anticipated to emerge as a lucrative market as the countries like India and China are making constant technological advancements and are likely to become the next IT hub worldwide. India is registering a high influx of foreign player entries while at the same time witnessing a growth in the number of local players.
Global API Management Market is segmented as follows:
By Deployment
- Cloud
- On-Premises
By Component
- Services
- Solutions
By End-User
- Retail
- Banking & Financial Institutes
- Consumer Goods
- Others
By Organization Type
- Small & Medium Enterprises
- Large Enterprises
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Browse Through Facts and Factors Coverage of the Global IT Industry
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The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:
-
Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.
-
NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.
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OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.
-
Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.
-
FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.
These stories underscore three key trends reshaping the ecosystem:
-
Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.
-
Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.
-
Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.
Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.
1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments
What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph
Analysis & Commentary
-
Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.
-
Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.
-
Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.
Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.
2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda
What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:
-
A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.
-
Partnerships with CUNY and Columbia University for blockchain research and talent development.
-
Deployment of a blockchain-based public record system for land titles and business registrations.
Source: GovTech
Analysis & Commentary
-
Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.
-
Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.
-
Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.
Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.
3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token
What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:
-
Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.
-
Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.
-
Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
Source: PR Newswire
Analysis & Commentary
-
Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.
-
Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.
-
Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.
Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.
4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown
What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire
Analysis & Commentary
-
Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.
-
User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.
-
Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.
Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.
5. FIFA Taps Avalanche to Power Its NFT Platform
What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)
Analysis & Commentary
-
Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.
-
Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.
-
Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.
Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.
Conclusion
Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:
-
Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.
-
Community-driven tokens are redefining governance and monetization in sports and niche domains.
-
Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.
Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.
As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.
The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.
Blockchain Press Releases
CM Global Services (CMGS) Secures Exclusive Multi-Year Logistics & Procurement Partnerships with Compass Mining and NovoMod
DENVER, May 22, 2025 /PRNewswire/ — CM Global Services LLC (CMGS) proudly announces its official designation as the exclusive logistics and procurement partner for Compass Mining Inc. and NovoMod LLC, two leaders in the Bitcoin mining and modular infrastructure sectors. These multi-year partnerships reinforce CMGS’s growing influence as the supply chain backbone powering some of the most advanced digital infrastructure projects in the world.
Founded with a mission to eliminate the bottlenecks and fragmentation that plague traditional supply chains, CMGS is a fully integrated logistics and infrastructure services firm specializing in Bitcoin mining services, data center development, and high-demand electrical infrastructure. From sourcing crypto mining machine parts and network hardware to coordinating the full deployment of large scale sites, CMGS is designed to scale with our clients and move at the speed they need.
For Compass Mining and NovoMod, CMGS serves as more than a vendor; we are an embedded partner, streamlining critical operations and bringing transparency to every stage of the infrastructure lifecycle. Our team leads:
- Global sourcing and procurement of critical components, from power distribution units (PDUs) and switchgear to Ethernet cables, breakers, and enclosures.
- Inbound logistics and Customs navigation, moving sensitive equipment efficiently across Asia, LATAM, and North America on time, on budget, and compliantly.
- Refurbishment and redeployment of crypto mining machines, ensuring optimal uptime, performance, and recovery value from aging or idle equipment.
- Infrastructure buildout support, including on-site coordination, material staging, labor oversight, and final commissioning of modular and large-scale mining sites.
By centralizing sourcing, logistics, testing, and deployment under one roof, CMGS is helping Compass Mining and NovoMod compress timelines, reduce operational overhead, and eliminate costly inefficiencies that historically slowed down crypto mining and infrastructure projects.
While our partnerships with Compass Mining and NovoMod are foundational, CMGS also supports a growing number of mining companies, original equipment manufacturers, and infrastructure developers behind the scenes. Quietly powering the supply chains of both public and private firms across the U.S., LATAM, and Asia. In a market where downtime is costly and speed is currency, CMGS brings industrial discipline, real-world experience, with timely execution.
CMGS covers the full supply chain lifecycle, including:
- Global logistics and freight management
- Strategic sourcing and vendor negotiations
- Crypto mining machine parts sales, sourcing, and testing
- Full-site infrastructure build outs
- Cleaning, repair, and redeployment programs
- Consulting for operational optimization and supply chain resilience
As the digital infrastructure landscape grows more complex, CMGS is positioned to be the silent engine behind the most ambitious operators, ensuring they have what they need, where they need it, exactly when it’s needed.
About CMGS
CM Global Services (CMGS) is a full service logistics and procurement company specializing in Bitcoin mining and high performance computing industries. CMGS helps clients source equipment, manage global freight, deploy infrastructure, and streamline operations across every stage of the supply chain. With a commitment to reliability, speed, and cost efficiency, CMGS enables miners and data center operators to scale smarter.
To learn more about CM Global Services visit cmglobalservices.io
Media Contact
BlocksBridge Consulting
consult@blocksbridge.com
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Blockchain Press Releases
Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown Livestream
DUBAI, UAE, May 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is taking novel trading challenges to new heights with the announcement of the Chicken Trader special, an unprecedented livestream session where professional crypto traders will have their authority challenged by their own pet chickens.
Scheduled to air on May 23, 2025 at 8AM UTC, the first-of-its-kind spectacle will feature Dylon Lord of Entry, Crypto trader & host at Crypto Banter, and DaviddTechI, Crypto trader & Co-Founder at DaviddTech, two seasoned trading pros whose market fortunes will temporarily rest on the shoulders of their feathered advisors.
Highlights
- Chickens Calling the Shots: Each chicken will peck at different treats representative of various trading options to channel their instruction. Yielding the strategizing power to the beaks of the chickens, both traders will be asked to execute the trading decisions faithfully.
- Live PnL Showdown: The resulting profit and loss (PnL) percentage will be tracked real-time during the livestream—and promises to shock the traders and the audience.
- Predictions and Live Giveaways: The audience will share in a 1,000 USDT prize pool by voting and participating in the red packets giveaway.
The special edition at Bybit Live is for entertainment purposes only and does not constitute financial or investment advice. Participants should be mindful of the risks associated with crypto trading.
No animals are harmed in the process. Terms and conditions and usual disclaimers apply. The not-to-be-missed battle will go live on May 23, and users may subscribe to upcoming session on Bybit Live.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
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