API Impact Report 2023

Revisit one of our most popular sessions from API Summit 2023!

Kong unveils new research with economist Dr. Christopher Whaley projecting the API economy will reach $2.8 trillion in the US and $3.3 trillion globally by 2027, correlating to 10% and 13.3% of GDP driven by growth across all industries and emerging markets. Additional insights predict doubling of API monetization to $8.5 billion by 2027 and an outsized role powering AI valued at $5.4 trillion, contrasted with potential API security impacts of $200 billion without remediation. Attendees can download the full API Impact Report for additional details on the macroeconomic study.