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Industry Landscape
The API security industry is rapidly expanding, driven by the proliferation of APIs and increasing cyber threats. It's moving towards more automated, integrated solutions within DevSecOps, with a significant emerging focus on securing AI/ML-driven applications and LLMs. Compliance and real-time monitoring are paramount.
Industries:
Total Assets Under Management (AUM)
API Security Market Size in United States
~Over 2.2 billion USD
(24.5% CAGR)
- Driven by increasing API adoption across industries.
- Escalating cyber threats and data breaches necessitate robust security.
- Regulatory compliance (e.g., GDPR, CCPA) mandates API protection.
Total Addressable Market
12.9 billion USD
Market Growth Stage
Low
Medium
High
Pace of Market Growth
Accelerating
Deaccelerating
Emerging Technologies
AI-Powered API Threat Detection
Leveraging artificial intelligence and machine learning