How fast is Modular APIs growing?

Modular APIs refer to a software architecture approach where an application's functionalities are broken down into independent, reusable modules that communicate with each other through well-defined Application Programming Interfaces (APIs). This approach promotes flexibility, scalability, and easier maintenance of software systems. Instead of a single, tightly integrated system (monolithic architecture), modular APIs allow developers to work on specific components without affecting the entire system, integrate diverse technologies, and update parts of the system independently. This is particularly crucial for modern commerce ecosystems, AI/ML integration, and cloud computing environments.