Progressive Web Application Market is Expected to Dominate by North America Until 2028
Increasing adoption in online business models is expected to drive the global
progressive web application market during the forecast period 2024-2028.
According to TechSci Research
report, “Progressive Web
Application Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast. 2018–2028”, the Global Progressive
Web Application Market is anticipated to register a robust growth during the
forecast period, 2024-2028, owing to the increasing use of smartphones, rising
internet usage, and the inclusion of AI and ML in progressive web applications.
Another important element fueling market expansion is the tremendous increase
in Internet usage, particularly in developing nations like Brazil, China, and
India. Over the past ten years, the Internet has established itself as the main
platform for communication across a range of gadgets, including tablets,
smartphones, and laptops, among others. The growth of the e-commerce sector,
various discounts and offers, and the product selection that is only available
on e-platforms, have all contributed to the rise of the progressive web
application market globally in recent years.
Furthermore, the
development of smart phones and artificial intelligence go hand in hand.
Machine learning and artificial intelligence are being used by smartphone
makers like Apple, Samsung, Huawei, and others to produce new smartphone
models, creating lucrative potential for the market's expansion. Moreover,
companies are implementing artificial intelligence in smartphones and tablets
for empowering progressive web applications and increasing the performance of
various mobile devices. In addition, AI allows progressive web applications to
get insights from various data generated by all users and helps in improving
decision making capabilities of the user, thus offering lucrative opportunities
for the global progressive web application market.
Moreover, huge adoption
of online mobile applications was seen initially with the increased scope of
digitalization in businesses. The development of modern web technologies has
led to a shift towards progressive web applications which enable the user to
access applications through URLs. This has increased the feasibility of desktop
users to get the same experience of mobile based applications. Companies such
as amazon and Uber use progressive web applications which has helped them to
increase their customer base. Therefore, rising adoption of progressive web
applications in online business models is likely to augment the market growth.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on
"Global Progressive Web Application Market.”
The global Progressive
Web Application market is segmented into business type, deployment, offering,
application, end-user, industry, and region. Based on business type, the market
is segmented into business to business and business to consumer. Based on
deployment, the market is segmented into web based and server based. Based on
offering, the market is segmented into services and tools & libraries.
Based on application, the market is segmented into dynamic web applications and
static web applications. Based on end-user, the market is segmented into small
& medium-sized enterprises and larger enterprises. Based on industry, the
market is segmented into E-Commerce, BFSI, media & entertainment,
healthcare, travel & tourism, and others.
Based on industry, e-commerce dominates
the global progressive web application market in 2022 because in e-commerce,
industry progressive web applications are essentially responsive that have been
used to be optimized for performance and user experience, making them ideal for
businesses that want to provide their customers with a fast, reliable, and
engaging online experience.
Based on region, North America dominates
the global progressive web application market in 2022 owing to the factors such
as increasing smartphone penetration and internet access, have led to a surge
in progressive web application usage in the region. In particular, countries
like Canada and United States have seen significant growth in progressive web
application usage, with a focus on areas such as e-commerce, gaming, and social
media. Additionally, the COVID-19 pandemic has further accelerated the adoption
of mobile apps as people have turned to digital platforms for work, education,
and entertainment.
Major
market players operating in the global progressive web application market are:
- Microsoft
Corporation
- Altoros
Systems, Inc.
- IBM
Corporation
- Hidden
Brains Infotech
- Nine
Hertz India Private Limited
- Octal
IT Solution LLP
- CMARIX
TechnoLabs Pvt. Ltd.
- Concetto
Labs Software Services Private Limited
- Deligence
Technologies Pvt Ltd.
- Sparx
IT Solutions
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“The increased popularity of
smartphones and the expanding user base of e-commerce are two major drivers
propelling the market for progressive web applications. Progressive web
applications are frequently utilized in the healthcare and medical industries.
It is useful to be able to connect to a doctor from many locations using a
single platform. Many health monitoring programmes also exist, enabling users
to assess their regular exercise routines and make the required improvements.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Progressive
Web Application Market- Global Industry Size,
Share, Trends, Opportunities, and Forecast 2018-2028F, Segmented By Business Type (Business to Business and Business
to Consumer), By Deployment (Web Based, Server Based), By Offering (Services,
Tools & Libraries), By Application (Dynamic Web Application, Static Web
Application), By End-User (Small & Medium-sized Enterprises, Larger
Enterprises), By Industry (E-Commerce, BFSI, Media & Entertainment,
Healthcare, Travel & Tourism, Others), By Region, Competition” has evaluated the future
growth potential of Global Progressive Web Application Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Progressive Web Application Market.
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