Unlocking enterprise agility in the API economy
MIT Technology Review Insights
created: Aug. 27, 2025, 2 p.m. | updated: Sept. 1, 2025, 12:20 p.m.
Rising uncertainty about inflation, consumer spending, business investment, and global supply chains are just a few of the economic factors weighing on company decision-making.
And chief information officers (CIOs) are scrutinizing capital-expenditure-heavy infrastructure more closely and increasingly adopting operating-expenses-based subscription models.
This trend is fueling demand for API-first network infrastructure connectivity that behaves like software, dynamically orchestrated and integrated into enterprise IT ecosystems.
There has been such rapid interest, the global network API market is projected to surge from $1.53 billion in 2024 to over $72 billion in 2034.
For example, Netflix—one of the earliest adopters of microservices—handles billions of API requests daily through over 500 microservices and gateways, supporting global scalability and rapid innovation.
3 months, 2 weeks ago: MIT Technology Review