As of 2024, it’s safe to say that we live in an API economy. APIs serve as the backbone of modern software development. It is estimated that over 80% of internet traffic goes through APIs and even though the ‘API revolution’ has been around for a while, it still feels like early days.
Many organizations and developers are now spending the majority of their development efforts on APIs. After all, APIs power a wide portion of web, mobile, and desktop apps today and make it easy to adjust, transform, enrich, and consume data.
The API market continues to grow very strongly at 30% annually. This surge is driven by a rising demand for connectivity, interoperability, and innovation. The continuous progress of APIs can be attributed to two main trends.
Firstly, APIs have become the preferred method for software delivery due to their agility and capacity for rapid innovation and iteration. Secondly, the shift towards cloud, micro-services, and server-less applications has significantly amplified the number of programmable endpoints, necessitating APIs for interconnectivity within increasingly fragmented architectures.
According to RapidAPI’s most recent State of APIs report, there’s also been a significant increase in the utilization of public APIs — third-party and partner-facing APIs over the past four years.
However, despite their undeniable significance, API integration presents a myriad of challenges…(continue reading)
Originally published at https://leen.dev.
