Gartner Insights Abstract

Increase Ecosystem Revenue by Integrating Marketplaces and API Portals

Published: 20 February 2024

Summary

Disconnected marketplaces and API portals result in slower API adoption, higher support costs and missed growth opportunities for technology providers. By integrating these platforms, product managers can enhance API usage, increase revenue and strengthen their partner ecosystem.

Included in Full Research

Overview

Key Findings
  • Customers need APIs to build composite applications, but evaluating APIs can be inhibited by product information that is too technical for business buyers and not technical enough for developers.

  • Providers sell partner products from their marketplace, but they require customers to go to individual API portals to access APIs for each partner product, complicating customers’ use of partner APIs with separate developer experiences, technical support, security and billing.

  • API portals typically do not allow customers to purchase APIs, and they do not reflect purchases that were made through a marketplace.

Recommendations

Product managers providing a marketplace as part of their partner ecosystem

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Analysts:

John Santoro Nicholas Carter Yefim Natis Dennis Gaughan

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