Menu Close
Postman

Postman

Postman News: Postman Survey Highlights Rapid API Development Trends

October 15, 2024

Postman Unicorn News - October 15, 2024

A recent global survey by Postman involving 5,600 developers has unveiled significant trends in API development, revealing that nearly two-thirds of developers can produce an API in less than a week. The survey also highlights the substantial revenue generation from APIs and future investment plans in this technology.

( 00:00:00 ) Introduction

( 00:00:32 ) Postman Survey Reveals Accelerated API Development Among Developers

play
0:00 - 0:00

Postman, a leading platform for API design, has conducted a global survey involving 5,600 developers, revealing significant trends in the API development landscape. The survey highlights that nearly two-thirds of developers can produce an API in less than a week, although only a third can deploy one within the same timeframe, indicating potential bottlenecks in deployment processes. The survey also reveals that 56% of APIs are developed for internal organizational use, 26% for partner use, and 18% for public use, reflecting a strong internal focus alongside a robust ecosystem for external collaboration. Financially, APIs are crucial revenue generators, with 62% of respondents working with APIs that generate income, and for 21% of these developers, APIs contribute to more than 75% of their revenue. This highlights the essential role APIs play in the business models of modern digital enterprises. Looking forward, 48% of respondents plan to increase investments in API development over the next year. Despite OpenAI currently driving the most API traffic involving AI, only 43% of developers plan to use OpenAI next year, indicating a trend towards diversifying the tools used in API development. This data reflects the rapidly evolving API landscape, with developers exploring new possibilities beyond traditional tools.

Empower Your Portfolio with Private Equity

Invest in Postman

Disclaimer

Investing in private securities is speculative, illiquid, and involves risk of loss. An investment with Linqto is a private placement and does not grant or transfer ownership of private company stock. No guarantee is made that a company will experience an IPO or any liquidity event.

Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.