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(IT-NEWSWIRE.COM, September 15, 2018 ) The Global API Testing Market was valued at USD 388.5 million in 2016 and is projected to reach USD 1977.67 million by 2025, growing at a CAGR of 19.82% from 2017 to 2025.
API or application information interface testing is a type of test conducted on software to determine if the software meets the necessary requirements of security, performance, and reliability. The API tests the software for effectiveness with respect to functionality and time, the independence of the language and simple installation.
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The increasing implementation of artificial intelligence (AI), Internet of things (IoT), and machine learning technologies has led to an increase in the growth of the global testing market. Other aspects that are boosting the global testing market include businesses that are adopting an open API strategy and the increasing amount of software development using agile practices. The concerns for data security and the lack of knowledge about this technology causes restrains in the global API testing market growth.
Competitive Landscape:
The major players in the market are as follows:
Smartbear Software Oracle Corporation IBM Corporation Qualitylogic Parasoft Runscope Tricentis Centrify Corporation Cigniti Bleum CA Technologies Infosys
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Source: EmailWire.Com
Source: EmailWire.com
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