Today, the world has evolved into an era of the community-based building of digital solutions where a number of stakeholders share information for improved operations. It is for this fact that the global Application Programming Interface (API) management market is expected to grow from USD 1.2 billion in 2018 to USD 5.1 billion by 2023 with a Compound Annual Growth Rate (CAGR) of 32.9%.

With APIs becoming an integral part of business models, we see a number of API Management tools evolving. So, what are the options you have and what should you choose? Isn’t it a dilemma? I am sure, it is!

To begin with, let us understand what is “API Management”. It refers to the process of creating, analyzing, and publishing the web application programming interfaces (APIs) that connects various data and applications across the cloud. API management has different meanings for different organizations or even projects to project. Through the API management tools, organizations can guarantee smarter use of public and internal APIs they have created.

Majority of the organizations are implementing customized strategies to manage their APIs. So what is the API Management Tool you should consider?


SwaggerHub is an API Management Platform built for teams to drive discipline and consistency across the development workflow. It facilitates the teams to accelerate the designing process without losing quality. It provides standardized and faster API designs.

SwaggerHub has features such as a powerful editor which is merging with smart error feedback and syntax auto-completion. SwaggerHub also gives style validators for better design consistency across the multiple API.


Akana Platform offers an end to end API Management Solution for securing, managing and publishing APIs. It can boost up the digital transformation journey by extending their reach to multiple channels such as cloud, mobile, and internet.

This platform provides a comprehensive API design platform as it enables many enterprises to share data as APIs. Users can use a graphical tool to design API from scratch or they can choose the option called import API Descriptor.


3Scale is an API Management platform which provides flexible, highly scalable solutions to share, control, secure, distribute, and monetize APIs. This platform helps the users to avoid constant maintenance of creating a solution from scratch.

3scale delivers centralized features through a cloud-hosted layer. The users of the 3scale platform can share their company data and provide an API to internal teams or external organizations or both.

CA API Management

CA API management platform provides an integrated system, orchestrate data, adapt services that create business-related APIs from various sources. The tool offers capabilities to streamline development and reduce go-to-market time.

It also provides a host of features and functionalities to streamline the development of APIs. Developers will collaborate on the platform and they will use various mobile SDKs(Software Development Kits) that are available. API management will facilitate a foundation for these efforts with robust analytics with monetization.

WSO2 App Cloud

WSO2 is one of the best open source solutions for API management. It includes features for full API lifecycle management, policy enforcement, customizability, and monetization. It is designed to fit both microservice and monolithic architectures and has analytics to gain insight into API usage.

WSO2 app cloud provides a host to the applications that are written in multiple languages in multiple runtimes. It is an enterprise-ready solution for hosting a different type of applications.

IBM API Connect

API Connect is an IBM owned comprehensive API Management platform which helps us to manage the total API lifecycle. It provides a cloud-based solution for API creation and management through API connect. It gives built-in security and governance functionalities. This platform is capable to automate the API creation based on Java runtime and Node.js.

IBM provides a cloud-based solution for API creation and management through API connect with real-time usage data that can be made available to API providers as well as consumers. It also has multi-cloud support for the deployment of components on AWS, Docker, Azure, IBM Cloud private, etc.

MuleSoft Anypoint

The Mulesoft platform allows us to integrate with any application, data or device. Anypoint management center can provide you visibility and control for applications and APIs.

MuleSoft is providing a solution to build the application network. It allows you to build, design, and manage APIs for any kinds of platforms. API manager also allows you to analyze traffic and secure APIs through policies. You can take advantage of the pre-built security policies to encrypt data or conform to industry compliance standards like GDPR.


Apigee is a platform from Google Cloud. It allows us to design API Proxies and also lets you enforce security protocols and practices across all your APIs. It can also manage microservices security.

Apigee has a unique option that can protect APIs against the Open Web Application Security Project. It is extensively used for Consumer Apps, Cloud Apps, Partner Apps, Systems of Record, IoT, and Employee Apps. It has a number of features like analytics, security, operations, run-time monitoring, monetization, mediation, and developer portal.

APIs play a crucial role in building and deploying your applications over the web. API integrates various business applications on the cloud and thereby executes different functionalities in a simplified manner. It is important to have a well-structured document to explain it well. The need for APIs are now business-driven, so requirements vary from one to another and choosing the right API can help you achieve your targets in a better way.  

About the Author

This post is written by Sangeeth Kumar, a Content Contributor at Mindmajix, who is passionate to write about the emerging trends in all type of technologies and contribute his knowledge to understand the concepts clearly.