Cloud Application Programming Interface (API) is a type of API that enables the creation of services and applications for the provisioning of cloud platforms, software, and hardware. A cloud application programming interface (API) serves as an interface or gateway that connects users to direct and indirect cloud software and infrastructure services. The cloud application programming interface varies depending on the service and solution. Services are classified into three types: software as a service, platform as a service, and infrastructure as a service. APIs (Application layer) for software as a service aid in integration with the cloud and underlying IT infrastructure. Platform as a service APIs (Service level) aid in providing cloud access and functionality. Similarly, Infrastructure as a Service APIs (at the infrastructure level) aid in the management of cloud resources and distributions.
The global Cloud API Market was worth US$ 610 million in 2021 and is expected to be worth US$ 2947.3 million by 2030, growing at a 9.5% CAGR between 2022 and 2030.
Leading Companies in the Cloud API Industry:
1. Amazon Web Services, Inc.
AWS (Amazon Web Services) is Amazon's comprehensive, evolving cloud computing platform that includes a mix of infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and packaged-software-as-a-service (SaaS) offerings.
Mergers and Acquisitions IT Integration Improved with AWS Application Discovery Service.
2. CA Technologies, Inc.
CA Technologies, formerly known as CA, Inc. and Computer Associates International, Inc., is a New York-based American multinational corporation.
CA Technologies will acquire Layer 7 Technologies, a privately held leader in API management and security.
3. Citrix Systems, Inc.
Citrix Systems, Inc. is a multinational cloud computing and virtualization technology company headquartered in the United States that offers server, application, and desktop virtualization, networking, software as a service, and cloud computing technologies.
Citrix updated on pending acquisition by Vista Equity Partners and Evergreen Coast Capital Affiliates
4. Google Inc.
Google LLC is a multinational technology company based in California that specialises in search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics.
Apigee, an API company, will be acquired by Google for $625 million.
5. International Business Machines Corporation
The International Business Machines Corporation is a multinational technology corporation based in Armonk, New York, with operations in over 171 countries.
IBM Completes $34 Billion Acquisition of Red Hat; Defines Open, Hybrid Cloud Future.
6. Microsoft Corporation
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington, that produces computer software, consumer electronics, personal computers, and related services.
With the acquisition of Nuance, Microsoft accelerates its industry cloud strategy for healthcare.
7. Oracle Corporation
Oracle Corporation is a multinational computer technology company based in Austin, Texas. Oracle was the world's third-largest software company by revenue and market capitalization in 2020.
Oracle expands its cloud offering with the acquisition of Apiary API management tool.
8. Rackspace Inc.
Rackspace Technology, Inc. is an American cloud computing company headquartered in Windcrest, Texas, a San Antonio suburb.
Just Analytics, a leading provider of cloud-based data, analytics, and artificial intelligence services, will be acquired by Rackspace Technology.
*Definition: A cloud application programming interface (cloud API) allows applications to communicate and exchange data in the cloud. Cloud APIs allow you to create cloud-based applications and services. APIs can also connect multiple clouds or cloud and on-premises applications.
