@Pratim Das, Partha C Thanks for reaching out. APIM is typically used to manage and protect your own APIs, but it can also provide several benefits when consuming external APIs.
- Security: APIM can act as a gateway to the external API, providing an additional layer of security by allowing you to control access to the API and apply policies such as rate limiting, IP filtering, and authentication.
- Monitoring: APIM can provide detailed analytics and monitoring of API usage, allowing you to track usage patterns, identify issues, and optimize performance.
- Scalability: APIM can help you scale your API usage by providing caching, load balancing, and other features that can improve performance and reduce latency.
- APIM allows you to transform the request and response in flight. For example, you can change the shape of the data, add/remove headers, etc.
Reference: https://learn.microsoft.com/en-us/azure/api-management/api-management-key-concepts
please let me know if case of further queries, I would be happy to assist you.
Please 'Accept as answer' and ‘Upvote’ if it helped so that it can help others in the community looking for help on similar topics.