Third-party assessment of top 17 API management vendors

Gartner's 2024 Magic Quadrant for API Management evaluates 17 vendors managing, governing, and securing APIs, crucial for digital transformation. The report highlights leaders: Google Cloud Apigee, Graviteeio, IBM, Kong, MuleSoft, and SmartBear, with AWS as a Challenger and Postman as a Visionary.
Key trends include:
· Organizations choosing unbundled API management from multiple vendors
· Demand for distributed API management across gateways
· Focus on AI initiatives needing more API consumption and security
The market reached $3.3 billion in 2023, growing at 13.7%, underscoring API management's importance. Read the full Magic Quadrant to choose the best API management vendor.