• 28 Feb, 2025

AI API Market worth $179.14 billion by 2030- Exclusive Report by MarketsandMarkets™

AI API Market worth $179.14 billion by 2030- Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., Feb. 28, 2025 -- The AI API Market is expected to reach USD 179.14 billion by 2030 from USD 44.41 billion in 2025, at a CAGR of 32.2% during 2025–2030, according to a new report by MarketsandMarkets™.

Integrating GraphQL and asynchronous processing into AI APIs significantly enhances their efficiency by optimizing data fetching and reducing network overhead. GraphQL empowers clients to request only the necessary data, thereby minimizing the over-fetching and under-fetching issues prevalent in traditional REST APIs. This approach results in fewer network requests, smaller payloads, and faster performance. Notably, according to Hygraph, 67.8% of developers utilize caching to further enhance GraphQL efficiency, highlighting the importance of optimized query design. Asynchronous processing boosts responsiveness by decoupling data fetching from UI components, allowing for parallel queries that substantially reduce wait times. A leading AI API tool named Apollo Client, offered by Apollo GraphQL, offers built-in caching, which minimizes redundant requests. By combining GraphQL and asynchronous techniques, AI APIs can efficiently manage complex data flows, leading to more responsive applications with high performance and streamlined operations.

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Scope of the Report

Report Metrics

Details

Market size available for years

2020-2030

Base year considered

2024

Forecast period

2025-2030

Forecast units

(USD billion)

Segments Covered

Product type, Integration mode, Technology, Functionality, End user, and Region

Geographics covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Companies covered

Major vendors in the global AI API Market are Microsoft (US), IBM (US), Google (US), AWS (US), Open AI (US), Meta (US), Databricks (US), DataRobot (US), Baidu (China), Twilio (US), AssemblyAI (US), Hugging Face (US), DeepL (Germany), Midjourney (US), SymphonyAI (US), CrowdStrike (US), Scale AI (US), Veritone (US), Flow AI (Netherlands), SentiSight.ai (Lithuania), Yandex (Russia), Tencent Cloud (China), Speechmatics (England), Anthropic (US), Plivo (US), Cohere (Canada), Cequence Security (US), Eden AI (France), DeepSeek (China), Tavus (US), Imagga (Bulgaria), Lettria (France), Clarifai (US), Apptek (US), Base64.ai (US), DeepAI (US), Twelve Labs (US), Stream.io (US), Deep Infra (US), Deepgram (US), Goose AI (US), Snatchbot (Israel), Plum Voice (US), Mindee (France), Replicate (US), ModelsLab (India).

AI-Powered Automation Drives Business Efficiency, Cost Savings, and Scalability.

The integration of AI and APIs significantly accelerates automation across business functions, enhancing efficiency, reducing costs, and improving accuracy. AI-powered automation streamlines complex tasks, freeing up human resources for strategic initiatives while ensuring faster and more precise execution. AI automation also reduces operational costs by handling repetitive tasks continuously without incurring overtime expenses. With 64% of businesses expecting AI to boost productivity, its role in minimizing costly errors in data-heavy tasks like financial forecasting and quality control is increasingly valuable. Scalability is another key advantage, as AI systems manage growing workloads without proportional cost increases. In retail, AI-driven solutions track inventory in real-time, reorder stock automatically, and predict demand based on sales data, optimizing stock levels and streamlining supply chains.

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By Technology, the generative AI segment will contribute the highest market share during the forecast period.

Generative AI's transformative capabilities drive high demand for AI APIs, enabling businesses to automate content creation, enhance customer interactions, and streamline operations. This technology synthesizes vast data for personalized experiences, vital for data-driven strategies. Leading providers like OpenAI and Google Cloud offer tools for integrating advanced language models, enhancing productivity across industries. OpenAI's GPT models are used in customer service chatbots and content generation. As businesses recognize generative AI's potential to drive engagement and conversions, demand continues to grow. This shift towards automation and personalization positions generative AI as a cornerstone of modern business strategies.

By functionality, pre-trained models' segment will contribute to have highest CAGR during the forecast period.

Pre-trained models are currently in high demand due to their ability to accelerate AI development and reduce costs. These models, trained on extensive datasets, provide a robust foundation that developers can leverage for various applications without starting from scratch. This significantly shortens the development cycle, allowing for quicker deployment and innovation. Additionally, pre-trained models democratize access to advanced AI technologies, enabling organizations with limited resources or expertise to implement sophisticated solutions. They are particularly beneficial in specialized fields where labeled data is scarce, as they allow for effective transfer learning. Overall, the efficiency, accessibility, and versatility of pre-trained models drive their popularity across industries.

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By region, Asia Pacific to register the highest CAGR market during the forecast period.

The region is experiencing rapid advancements in AI adoption, with companies across various industries, such as BFSI, Healthcare, Retail, and telecom, utilizing AI APIs to enhance their products and services. Key cloud hyperscalers like Google, Microsoft, and AWS, alongside local players like Baidu, Alibaba, and Tencent, offer AI-based API solutions to automate task execution and personalized user experiences. Organizations across the region are increasingly relying on artificial intelligence and machine learning (AI/ML) enabled solutions to tackle a wide array of security challenges around Application Programming Interfaces (APIs). Countries like China and India are investing heavily in AI technologies to enhance financial services and improve customer experiences.

Top Key Companies in AI API Market:

Some major players in the AI API Market include Microsoft (US), IBM (US), Google (US), AWS (US), Open AI (US), Meta (US), Databricks (US), DataRobot (US), Baidu (China), Twilio (US), AssemblyAI (US), Hugging Face (US), DeepL (Germany), Midjourney (US), SymphonyAI (US), CrowdStrike (US), Scale AI (US), Veritone (US), Flow AI (Netherlands), SentiSight.ai (Lithuania), Yandex (Russia), Tencent Cloud (China), Speechmatics (England), Anthropic (US), Plivo (US), Cohere (Canada), Cequence Security (US), Eden AI (France), DeepSeek (China), Tavus (US), Imagga (Bulgaria), Lettria (France), Clarifai (US), Apptek (US), Base64.ai (US), DeepAI (US), Twelve Labs (US), Stream.io (US), Deep Infra (US), Deepgram (US), Goose AI (US), Snatchbot (Israel), Plum Voice (US), Mindee (France), Replicate (US), ModelsLab (India).

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