Application Server Software Market Report Overview
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The global application server software market size is estimated to be USD 3.847.9 billion in 2022 and the market is projected to touch USD 8.035 billion by 2030, exhibiting a CAGR of 9.6% during the forecast period.
The sudden rise in CAGR was brought on by the market's expansion and the demand levelling down after the pandemic is over.
An application server is a software framework. It helps to provide both server environments to run and create web applications. It acts as a middleware service for maintenance and security. It offers easy data access, tools for creating web applications, and server environments for running applications.
The market growth is attributed to the widespread use of computer systems and the proliferation of smartphones, laptops, and tablets. Rapid improvement in mobile technology and immense opportunities for digitalization are estimated to fuel market growth in the upcoming years. Further, the rise in preference for e-commerce and mobile commerce is estimated to surge market growth. The application allows to host of new web applications and provides the services necessary. These factors are estimated to fuel market growth in the upcoming years. An increase in online channels and high demand for IT systems is predicted to drive market growth in the forthcoming years. Growing adoption of software platforms by small & medium –scale businesses. Increased R&D activities and the presence of prominent market player is anticipated to fuel market growth. On the contrary, high costs and expensive installation are estimated to hamper the market growth.
COVID-19 Impact: Increased Adoption of the Internet during the Pandemic to Fuel Market Growth
The outbreak of the Coronavirus pandemic hampered several businesses. Rapid digitalization and increased adoption of the internet. High demand for remote working and bringing your own device accelerated market growth. Huge adoption of the technology in small and medium-scale businesses to fuel market growth. Rapid preference for e-commerce and mobile commerce accelerated market growth.
However, supply and chain disruption and lack of production temporarily hampered market growth.
LATEST TRENDS
"Increased Adoption of Internet of Things (loT) Devices to Stimulate Market Growth "
Increasing adoption of the internet of things (loT) and growing digitalization are estimated to fuel market growth. Rapid improvement in mobile technology and immense opportunities for digitalization are estimated to fuel market growth in the upcoming years. Further, the rise in preference for e-commerce and mobile commerce is estimated to surge market growth. The application allows to host of new web applications and provides the services necessary. These factors are estimated to fuel market growth in the upcoming years.
Application Server Software Market SEGMENTATION
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- By Type
Based on type, the market is divided into java-based, Microsoft windows-based, and others.
Microsoft windows-based is estimated to be the leading part of type segmentation.
- By Application
Based on application, the market is classified into deployment & integration and support & maintenance.
Deployment & integration are estimated to be the leading part of application segmentation.
DRIVING FACTORS
"Increasing Trend of E-Commerce and Mobile Commerce to Stimulate Market Growth "
The increasing trend of e-commerce and mobile commerce requires sale support applications. Increased adoption of smartphones and internet-based applications coupled with high-speed internet networks is estimated to fuel market growth. Rapid improvements in mobile device technologies coupled with increased dependency on web applications are anticipated to surge market growth. Further, it has improved functionalities such as scalability, security, database management, and end-user traffic management. This functionality is anticipated to accelerate market growth in the forthcoming years. High-speed internet networks and the latest software delivery models are anticipated to surge application server software market growth.
"Increased R&D Activities and Rapid Digitalization to Foster Market Progress"
Increasing R&D activities and rapid digitalization is estimated to surge market growth. The application allows to host of new web applications and provides the services necessary. These factors are estimated to fuel market growth in the upcoming years. An increase in online channels and high demand for IT systems is predicted to drive market growth in the forthcoming years. Growing adoption of software platforms by small & medium –scale businesses. The rapid adoption of mobile and computer-based applications is anticipated to surge market growth. Constantly rising demand for computer-based web applications is estimated to fuel market growth.
RESTRAINING FACTORS
"High costs and Expensive Installation to Hamper Market Growth "
High costs and expensive installation are estimated to hamper the market growth in the upcoming years.
Application Server Software Market REGIONAL INSIGHTS
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"Presence of Well-Established Business in North America to Drive Market Share "
North America is anticipated to dominate the application server software market share due to the presence of well-established businesses. The increasing trend to bring your own device or remote workforce is anticipated to surge market growth in the forthcoming years. Rapid improvement in mobile technology and immense opportunities for digitalization are estimated to fuel market growth in the upcoming years. Further, the rise in preference for e-commerce and mobile commerce is estimated to surge market growth. The application allows to host of new web applications and provides the services necessary. These factors are estimated to fuel market growth in the upcoming years.
Asia Pacific is estimated to fuel market growth due to rapidly developing IT infrastructure. An increased number of technology and service-based startups in the region is estimated to foster market growth.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the Industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- IBM (U.S.)
- Microsoft (U.S.)
- Apache (U.S.)
- Cisco (U.S.)
- RedHat (U.S.)
- SAP (Germany)
- Adobe Systems (U.S.)
- Oracle (U.S.)
- Attachmate (U.S.)
- NEC (Japan)
- Software AG (Germany)
- Fujitsu (Japan)
- BonitaSoft (U.S.)
- Broadcom (U.S.)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 3.847 Billion in 2022 |
Market Size Value By |
US$ 8.035 Billion by 2030 |
Growth Rate |
CAGR of 9.6% from 2022 to 2030 |
Forecast Period |
2023-2030 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the application server software market expected to touch by 2030?
The global application server software market is expected to reach USD 8.035 million by 2030.
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What CAGR is the application server software market expected to exhibit by 2030?
The application server software market is expected to exhibit a CAGR of 9.6% by 2030.
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What are the driving factors of the application server software market?
Drivers of this application server software market are the increasing trend of e-commerce and mobile commerce and increased R&D activities and rapid digitalization.
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Which are the top companies operating in the application server software market?
IBM, Microsoft, Apache, Cisco, RedHat, SAP, Adobe Systems, Oracle, Attachmate, NEC, Software AG, Fujitsu, BonitaSoft, and Broadcom are the top companies operating in the application server software market.