API Use Generates Revenue for Companies

The use of APIs and associated integrations generates a lot of turnover within companies, according to Postman’s research. Nearly two-thirds of respondents say they generate revenue through APIs, with 43 percent indicating that APIs are responsible for more than a quarter of their revenue.

Low Costs and Investments

Generating revenue is the second favorite reason to use APIs, the Postman researchers find. The favorite reason for deciding whether or not to use APIs is the low cost of using them, especially now that the economic conditions are less favorable.
The research also shows that companies continue to invest heavily in APIs. Of the respondents, 92 percent indicate that they will increase investments in APIs and API use over the next two years or keep them the same.

Other Results

Other results from the research are that more and more companies see themselves as an ‘API Leader’ and that the use of generative AI has increased considerably. The API security has also been improved, which has reduced the number of security incidents involving APIs in general. However, there was an average higher number of API security incidents in the automotive, education and retail sectors.