The document discusses the growth and state of the open API market. It notes that the number of APIs has grown exponentially in recent years and is now over 4,000 tracked by ProgrammableWeb. It also discusses the diversity of API types across sectors like ecommerce, travel, music, enterprise, shopping and social. Additionally, it outlines the evolving business models for APIs, noting a shift towards APIs being the product themselves rather than an extension of existing products or websites.