What is an API Marketplace?

An **API marketplace** is a place where developers and businesses can discover, purchase, and publish APIs into the marketplace in order to create new products or applications. An API is a method of software application programming that includes specifications for accessing and utilizing data or services from an organization’s software application.

APIs are the doorway for businesses to unlock the value of their data via the Internet. You no longer need to be a technology or a software company to use APIs (that’s right, you can be a farm supply company and still use APIs!) — You can use APIs to connect to your business. This is big.