Red Hat and Oracle announced the general availability of Red Hat OpenShift on Oracle Cloud Infrastructure (OCI) Compute Virtual Machines (VMs).
The Global API Testing Market Size Is Estimated to Grow from USD 447.4 Million in 2017 to USD 1,099.1 Billion by 2022, according to the "API Testing Market by Component (API Testing Software/Tools and API Testing Services), Deployment Type (Cloud Based and On-Premises), Vertical, and Region - Global Forecast to 2022" report from Research and Markets.
Adoption of Agile and DevOps practices for software development and open API strategies by businesses are some of the driving factors of the API testing market. However, data policies and regulations about API testing is one of the restraining factors that may hamper business critical functions in the API testing market.
The API testing services segment is the fastest growing market segment that helps in driving the API testing market during the forecast period. The growth in the API testing services segment is expected to be driven by the growing significance of partnerships between the software development teams and the Quality Assurance (QA) services or an offshore QA teams. The API testing tools/software segment is expected to hold the largest market share in the API testing software market during the forecast period.
The API testing on-premises deployment model is expected to hold the largest market share during the forecast period. This is due to businesses refraining from adopting cloud-based platforms to test their APIs, as exposing the public and internal APIs to cloud platform involves high data security risks. The cloud-based deployment type is expected to have the highest growth rate in the API testing market during the forecast period.
APAC is expected to grow at the highest CAGR during the forecast period, as the region has the presence of creditable organizations that are gradually enabling the embracement of advance technologies. In Japan, China, and India, the adoption of API testing solutions has primarily been gaining competitive advantage over the others, to enable the continuous delivery of software development. North America is expected to hold the largest market share in the API testing market during the forecast period.
Industry News
The Software Engineering Institute at Carnegie Mellon University announced the release of a tool to give a comprehensive visualization of the complete DevSecOps pipeline.
Synopsys has entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners.
Postman released v11, a significant update that speeds up development by reducing collaboration friction on APIs.
Sysdig announced the launch of the company’s Runtime Insights Partner Ecosystem, recognizing the leading security solutions that combine with Sysdig to help customers prioritize and respond to critical security risks.
Nokod Security announced the general availability of the Nokod Security Platform.
Drata has acquired oak9, a cloud native security platform, and released a new capability in beta to seamlessly bring continuous compliance into the software development lifecycle.
Amazon Web Services (AWS) announced the general availability of Amazon Q, a generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.4, the latest version of the enterprise Linux platform.
ActiveState unveiled Get Current, Stay Current (GCSC) – a continuous code refactoring service that deals with breaking changes so enterprises can stay current with the pace of open source.
Lineaje released Open-Source Manager (OSM), a solution to bring transparency to open-source software components in applications and proactively manage and mitigate associated risks.
Synopsys announced the availability of Polaris Assist, an AI-powered application security assistant on the Synopsys Polaris Software Integrity Platform®.
Backslash Security announced the findings of its GPT-4 developer simulation exercise, designed and conducted by the Backslash Research Team, to identify security issues associated with LLM-generated code. The Backslash platform offers several core capabilities that address growing security concerns around AI-generated code, including open source code reachability analysis and phantom package visibility capabilities.
Azul announced that Azul Intelligence Cloud, Azul’s cloud analytics solution -- which provides actionable intelligence from production Java runtime data to dramatically boost developer productivity -- now supports Oracle JDK and any OpenJDK-based JVM (Java Virtual Machine) from any vendor or distribution.