Application Server Market Size Poised To Reach USD 40.96 Billion By 2028

 San Francisco, 7 June 2021: The Report Application Server Market Size, Share & Trends Analysis Report By Type (Java, Microsoft Windows), By Deployment (Hosted, On-premise), By End Use (BFSI, Manufacturing, IT & Telecom), And Segment Forecasts, 2021 - 2028

The global application server market size is estimated to reach USD 40.96 billion by 2028, registering a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the proliferation of laptops, smartphones, and tablets. The widespread use of computer systems and the growing preference for mobile internet applications among end-users are expected to contribute to the growth over the forecast period.

Application servers offer tools for creating web applications, a server environment to run applications, and middleware services for security and maintenance while helping in ensuring easy data access. They also allow developers to handle the transactions between end-users and the backend databases.

Intensifying competition in the e-commerce industry and the growing demand for applications that can potentially support sales and improve processes bode well for the growth of the market over the forecast period. Unlike web servers, application servers can serve business needs through multiple protocols and help in simplifying the development of client applications, thereby contributing to the growth of the market.

The application server market is witnessing rapid growth at present. Key market players, such as Microsoft Corporation, International Business Machines Corp., and Oracle Corporation, have established a strong global presence and are controlling a significant share of the market, thereby discouraging new entrants contemplating a market foray. At the same time, application server solution providers are aggressively deploying technical and financial resources to develop additional functionalities and improve their respective application servers.

The outbreak of the COVID-19 pandemic has prompted organizations to reconfigure and revamp their business operations. At this juncture, the measures being implemented to contain the spread of coronavirus, such as lockdowns, restrictions on travel, and work from home and remote working policies, among others, coupled with the changing behavior of customers are expected to play a vital role in driving the growth of the market over the forecast period.

Access Research Report of Application Server Market @ https://www.grandviewresearch.com/industry-analysis/application-server-market

Application Server Market Report Highlights

  • The Java segment accounted for the largest market share in 2020. The higher adoption level of Java application servers, especially by the incumbents of the manufacturing, e-commerce, and healthcare industry verticals, is expected to propel the growth of the segment
  • J Boss is expected to emerge as the fastest-growing segment over the forecast period. It is a fully Jakarta EE application server that comprises Enterprise JavaBeans, a platform-independent Java application, and other technologies that allow developers to develop large-scale Java applications
  • The hosted segment is expected to witness a CAGR of 13.5% over the forecast period. Hosted deployment offers various benefits, such as lower costs, convenience, flexibility, and improved security
  • The manufacturing segment is projected to register a CAGR of 14.3% from 2021 to 2028. The growing adoption of Industrial Internet of Things (IIoT) applications by the incumbents of the manufacturing industry is expected to drive the growth of the segment
  • The Asia Pacific regional market is anticipated to grow significantly and reach USD 9.25 billion by 2028. The growing number of software and IT service providers in developing nations such as India and China, and the continued adoption of the latest technologies by these service providers bode well for the growth of the regional market over the forecast period

List of Key Players in the Application Server Market

  • Microsoft Corporation
  • International Business Machines Corp.
  • Oracle Corporation
  • Red Hat, Inc.
  • TIBCO Software Inc.
  • The Apache Software Foundation
  • FUJITSU
  • VMware, Inc.
  • NEC Corporation
  • SAP SE

Access Press Release of Application Server Market @ https://www.grandviewresearch.com/press-release/global-application-server-market

 

Comments

Post a Comment

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein ...
Read more

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028

  San Francisco, 5 May 2021:   The Report  Gas Detection Equipment Market  Size, Share & Trends Analysis Report By Product, By Technology (Infrared, Catalytic, PID), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in...
Read more