Global Cloud API Market Projected to Reach $1.7 Billion by 2027 - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "Cloud API - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.coms offering. Large Enterprises, one of the segments analyzed in the report, is projected to grow at a 16.5% CAGR to reach US$1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the SMEs segment is readjusted to a revised 23.6% CAGR for the next 7-year period. China, the world second largest economy, is forecast to reach an estimated market size of US$288.4 Million in the year 2027 trailing a CAGR of 18.2% through 2027. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR while Rest of European market (as defined in the study) will reach US$288.4 Million by the year 2027.