Gartner® Report

Hype Cycle for APIs, 2022

Gartner notes that APIs are core to digital business — and consequently, there have been many innovations in API products, API platforms and API security. Software engineering leaders can leverage this report  to identify API technologies that will help organizations gain a competitive advantage.      

Specifically this Hype Cycle report highlights several important trends with APIs including:

  • API usage: API usage  is on the rise in recent years, across the four main categories of APIs: internal APIs, public APIs provided by third-parties, private APIs provided by partners and organizations publicly exposing their APIs

  • API growth: This growth in APIs spawned corresponding growth in API security technologies, API management, and API platforms. API marketplaces have also grown in usage for both internal- and external-facing API scenarios.

  • API products and marketplaces: There has been a growth of industry API products and the marketplaces for these APIs. This year’s Hype Cycle reflects the growth of API products in financial services (financial data APIs), insurance, digital commerce (e-commerce), healthcare and telecom (communications service provider [CSP] open APIs). 

  • API formats: API technology is moving beyond REST. Event-driven APIs are climbing up the Hype Cycle, reflecting growing awareness and usage of AsyncAPI and other technologies for asynchronous API consumption. Graph APIs are also in the Innovation Trigger stage, as organizations follow the lead of early adopters.

Hype Cycle for APIs, 2022, 10 August 2022, Mark O’Neil & John Santoro. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the US and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

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Gartner® Report​

Hype Cycle for APIs, 2022

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