NuWave Prizm Gateway

APIs have seen fast growth and adoption for many years now; as of 2020, it was estimated that there are over 24,000 APIs in use, just in the financial industry. While the number of APIs used is increasing, the more important statistic is the value these APIs bring to businesses. Services offered by APIs now account for 75% of many large companies’ revenue. For example, Salesforce generates 50% of its revenue through RESTful APIs, eBay 60%, and Expedia generates 90% of its total revenue through the use of APIs. Without the help of RESTful APIs, these companies might cease to exist.