Application security is in more demand in the region due to the adoption of cloud computing, mobile technology, and IoT. The Asia Pacific region acquired $152.2 million revenue in 2022, due to the government of India (GoI) initiates policies to make all government services digitally accessible to residents through various channels, such as the web, mobile devices, and common service delivery outlets.
New York, Aug. 30, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Application Programming Interface Security Market Size, Share & Industry Trends Analysis Report By Offering, By Vertical, By Organization Size, By Deployment Mode, By Regional Outlook and Forecast, 2023 – 2030” – https://www.reportlinker.com/p06487629/?utm_source=GNW
Organizations like APCERT, ACSC, NCCS, and Japan’s Cybersecurity Strategy Council support research, enable coordinated responses and give resources. These initiatives further align with global organizations, including OWASP, ISO, and CSA. Over the past few years, cloud computing has become popular as companies and organizations seek to shift away from on-premises IT infrastructure and toward more adaptable, scalable, and affordable cloud-based solutions.
The major strategies followed by the market participants are Partnerships as the key developmental strategy to keep pace with the changing demands of end users. For instance, In June, 2023, Traceable partnered with Wiz. Organizations are better protected against API attacks in the cloud because of this integration. With the ability to correlate and prioritize threats across architectural levels, IT and security teams may now significantly lower their risk without sacrificing efficiency or productivity. Additionally, In April, 2023, Imperva announced a partnership and resale agreement with Kong. Kong Enterprise clients will be able to use the Imperva API Security plugin. This enables developers to completely encrypt their APIs and safeguard sensitive data and business applications from illegal access.
Based on the Analysis presented in the Cardinal matrix, Google LLC is the major forerunner in the Market. Companies such as Noname Security, Salt Security, Inc., and Fortinet, Inc. are some of the key innovators in the Market. In June, 2023, Salt Security signed a partnership and bi-directional platform integration with Wiz, to offer a comprehensive and robust understanding of
