PUBLISHER: SkyQuest | PRODUCT CODE: 1165262
PUBLISHER: SkyQuest | PRODUCT CODE: 1165262
Global Application Server Market was valued at USD 17.25 billion in 2021 and it is expected to reach at USD 40.96 billion by 2028, with CAGR of 13.2% over the forecast period (2022-2028).
To ensure an optimal user experience when running various apps on smartphones and tablets and gaining access to various cloud-based applications, application servers make use of the most recent software delivery methods, emerging mobile application development processes, and open-source software. The continuing expansion of high-speed internet networks and the growing desire for using mobile apps in tandem with the widespread use of smartphones are anticipated to fuel the rise.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Application Server Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
Segments covered in this report:
Global application server market is segmented based on type, deployment, end use. Based on type, market is segmented as java (j boss, jetty, tomcat, others), Microsoft windows, others. Based on deployment, market is segmented as hosted, on premises. Based on end use, market is segmented as BFSI, government, healthcare, IT & telecom, manufacturing, retail, others. Based on region, market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa.
Driver
Rapid advancements in wireless networks and mobile device technology have created a wealth of opportunities for application servers to expand their reach into previously untapped markets like information dissemination and the digitization of government services. Additionally, the demand for e-commerce and mobile commerce is expanding, which is positive for the market's expansion over the projection period.
Restraint
The growth of the global market may be constrained by high application server maintenance expenses. An increase in the difficulty of integrating large-scale applications as well as high server costs are additional factors that could restrict the growth of the target market.
Market Trends
Organizations are becoming more and more dependent on IT systems since they guarantee effective and efficient management of databases and backend activities. Over the course of the projection period, it is anticipated that increasing corporate dependency on IT infrastructure would fuel market expansion. Other elements that are anticipated to influence market growth include the expansion of online distribution channels and the rising need for software that can support sales and enable remote access to sales records.