The 2024 State of API Consumption Management report, released by Lunar, represents the first comprehensive analysis focusing on the consumer side of APIs, highlighting the challenges and trends faced by businesses in managing third-party API consumption. The report, based on a survey of 200 companies, reveals that API consumption management is increasingly crucial, particularly as APIs become integral to AI and large language models, with architects playing a vital role in integrating APIs into company infrastructure. The findings indicate that while API troubleshooting consumes significant resources, strategic management and dedicated tools are lacking, leading to inefficiencies and higher costs. Despite the recognition of API maintenance as a priority, many organizations fail to adequately prioritize it, potentially exposing them to security risks and inefficiencies. The report suggests that third-party solutions, such as Lunar.dev, can optimize API usage, improve cost-effectiveness, and enhance integration with existing systems, underscoring the need for advanced API management tools to address these growing demands.