Application Server Market: Current Analysis and Forecast (2022-2028)

The global Application Server Market is anticipated to grow with an elevated CAGR of around 13% over the forecast period (2022-2028). Application servers provide a framework to build and deploy web applications and offer a variety of services when running such applications. These services include security, transactions, clustering for increased performance, and diagnostic capabilities, among others. These products can also include servers that strictly host web applications. Application servers are used by software developers who are trying to quickly build applications and have them supported by the server environment in which they are deployed.

The growing adoption of the application server can be attributed to the increasing trend of eCommerce and the increasing adoption of smartphones globally. The application servers provide various other functionalities as well such as security, scalability, database management, end-user, traffic management, etc. These additional functionalities are expected to drive the application server market. Furthermore, the increasing incidents of data breaches positively affect the application server market. For instance, Data breaches exposed 4.1 billion records in the first six months of 2019.

Insights Presented in the Report:

"Amongst Type, java segment is expected to achieve a considerable CAGR during the forecast period"

Based on type, the market is segmented into java, windows, and others. The java segment is expected to achieve a considerable CAGR during the forecast period. The growing adoption of java-based application servers can be attributed to the growing implementation of java servers in the eCommerce industry. The eCommerce industry is flourishing globally, for instance in the year 2020 the total amount of products sold online was more than $4000 billion, serving more than 800 million customers. Java application servers help the developer to create responsive pages, carts, and checkout pages that load with minimum latency and help in providing consistent performance.

Amongst Deployment, the cloud segment is expected to achieve a considerable CAGR during the forecast period"

Based on deployment, the market is segmented into cloud and on-premises. The cloud segment is expected to achieve a considerable CAGR during the forecast period. The growing demand for cloud services can be attributed to the cost-effectiveness of cloud services, IT leaders can easily right-size computing resources according to unique business requirements and cut wasteful spending, rather than estimate capacity needs in advance, and organizations can adjust on the fly, as well as eliminate unnecessary hardware or rigid on-premises assets. The cloud reduces the operations costs significantly as cloud implementation and maintenance costs are very less. Furthermore, applications that are on the cloud are very easy to access from anywhere. These are the major drivers attributed to cloud adoption.

Amongst End-User, the BFSI segment holds the major market share in 2020"

Based on end-user, the market is segmented into BFSI, government, healthcare, IT and telecom, manufacturing, retail, and others. In 2020, the BFSI segment led the application server market. The BFSI segment is expected to grow with a robust CAGR during the forecast period. The banking and finance sector continually faces new regulations and cyber security threats and a consistently growing number of transactions and data volumes. The BFSI sector is in consistent need of secure and scalable solutions that enable efficient delivery of services. Further, these applications require to be updated at fairly regular intervals to match developments in technology and be equipped with the latest security features that protect against constantly evolving cyber security threats.

"North America represents one of the largest markets of application server market"

For a better understanding of the market dynamics of the application server market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, and Rest of APAC), Rest of World has been conducted. The North American region led the application server market in 2020, majorly due to the presence of a large number of market players in the region who invests largely in the refinement of such technologies and the high penetration rate of smartphone devices. For instance, in the US there are more than 298 million smartphone users.

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