APIs: The backbone of digital business, but are we keeping up?

Welcome to the LinkedIn edition of apiscene!

You may already know apiscene as a leading hub for API insights, with a community of 300,000+ reading our expert-led content. Now, we’re bringing the conversation to LinkedIn.

? Why? Because the best API insights shouldn’t just be read—they should be discussed.

What to expect from apiscene on LinkedIn?

? API trends & expert insights

? Security & compliance updates to keep you ahead of threats

? API success stories from industry leaders

? Engaging discussions—your thoughts, your opinions

We know you're busy. That’s why apiscene on LinkedIn will be punchy, practical, and interactive.

The API economy isn’t just growing—it’s accelerating at breakneck speed.

• The API cloud marketplace is projected to skyrocket from $610M in 2021 to $2.9B by 2030.
• The global economic impact of APIs is expected to exceed $17 trillion by 2030.
• 71% of organizations now consume third-party APIs, fueling new digital ecosystems.

These aren’t just numbers. These are the building blocks of the modern economy. But are we ready for what’s next?

?? The API State of the Market, published by apidays & Platformable and sponsored by Boomi , dives into the state of API-driven business—mapping industry shifts, emerging risks, and the next wave of API innovation.

?? Read the full report here: Download the State of the API Market Report 2024

Key takeaways stats State of the API Market Report 2024

• APIs are the internet’s foundation 57% of dynamic internet traffic is powered by API calls ( Cloudflare ). 71% of all internet traffic consists of API requests ( Imperva ).
• Regulation is reshaping API strategy Financial services, healthcare, and government regulations are now mandating API adoption for data access and interoperability. The EU Digital Markets Act and U.S. healthcare API mandates are forcing companies to standardize and open up.
• The rise of API-driven revenue 43% of businesses generate more than 25% of their revenue via APIs ( Postman ). Indonesian bank BRI generated $50M in additional revenue over 5 years through API monetization.
• Complexity is becoming a major roadblock API sprawl is at an all-time high, with shadow APIs and duplication increasing costs. Federated API management is emerging as a solution to manage API governance at scale.
• AI is no longer hype—it’s changing how APIs are built and consumed 13% of API tool vendors now include AI-powered capabilities. AI is helping developers automate API design, improve governance, and optimize API security.

?? Get the full breakdown

What industry leaders are saying

“APIs are the backbone of modern software and application development. They have become a cornerstone of modern architectures that enable businesses to stay agile and compete effectively.”

— Steve Lucas , CEO at Boomi

Where do we go from here?

The API-first era is evolving—and the next phase will be about simplifying complexity, adapting to regulation, and embracing AI-powered API strategies.

?? How is your company navigating the shift from platform thinking to API-driven ecosystems?

???Drop your thoughts in the comments

?? Exclusive apidays Singapore 2025 discount

Want to go deeper and meet the experts? Join us at apidays Singapore (April 15-16) to hear from the builders, leaders, and visionaries shaping the API economy.

?? Marina Bay Sands, Singapore

?? Exclusive for apiscene subscribers: Get 10% off any regular ticket by using APISG10 at checkout. Grab your discounted ticket here

Not in Singapore? Explore the full apidays global event lineup here.