Future Progressive Web Application Market Trend, Major Key Players Update and Forecast Research Methodology to 2027
Progressive web application market size – USD 1.13 billion in 2019, market growth – at a CAGR of 31.9%
— Emerging research
VANCOUER, BC, CANADA, June 16, 2022 /EINPresswire.com/ — The Global progressive web application market is expected to reach a value of $10.44 billion by 2027, according to current analysis by Emergen Research. Progressive Web Apps (PWAs) eliminate friction by using the web to deliver app standards-compliant experiences. The user does not need to install any apps and he can just browse the site on the browser including Safari and Chrome. PWA focuses on loading faster and using less data.
An increase in the number of smartphone users and a significant amount of time spent by these users on applications is expected to propel the progressive web application market during the forecast period. However, complicated applications that are slow to build and deploy are expected to hinder the adoption of this technology in the near future. PWAs take up limited space and can also work at low internet speeds and in offline mode. This drives the demand for PWAs exponentially.
Some of the major players operating in the market are:
Computer Fusion, Deligence Technologies Pvt. Ltd., Aafilogic Infotech, Constant Infosolutions, CMARIX TechnoLabs, MLSDev, Nextyug India, Hidden Brain, Google Developers, IBM Corporation and Microsoft.
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Emergen Research follows a consistent methodology to reduce residual errors to a minimum level by refining the scope, validating with primary information and regularly feeding the internal database. A dynamic model is formulated to capture regular fluctuations in the market and hence get updated with any changes in market dynamics. The parameters and variables involved in the research vary with individual markets and, more importantly, demand and supply information is included in the model to identify the market gap.
The Global Progressive Web Applications Market research report offers a panoramic view of the Progressive Web Applications market, regulatory framework, and macro and microeconomic factors influencing industry growth. The report strives to offer authentic information about Progressive Web Application market size, share, product portfolio, revenue estimates, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
Some key highlights of the report:
Dynamic web application is framework software that controls the construction of a web page and facilitates maintenance. Examples of dynamic web applications include news applications and e-commerce applications.
The small and medium enterprise (SME) segment is expected to grow at the fastest CAGR over the forecast period, owing to the high adoption of progressive web applications. The lack of sophisticated infrastructure and R&D teams in SMEs to develop applications creates a demand for the technology.
North America held the largest global market share in 2019, owing to the growing adoption of advanced technologies in the region. Another factor driving the market is the increasing use of web applications in the United States.
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The report highlights the current impact of COVID-19 on the Progressive Web Application market along with the latest economic scenario and changing market dynamics. It analyzes the impact of the pandemic on market growth and compensation. The pandemic has changed the economic scenario of the world and affected several market sectors. The report estimates the Progressive Web Application Market market based on the impact of COVID-19.
Segments covered in the report:
For the purposes of this report, Emergen Research has segmented the global Progressive Web Application market based on offer, application, end-user, industry vertical, and region:
Supply Outlook (Revenue, USD Billion; 2017-2027)
Tools and Libraries
Application Outlook (Revenue, USD Billion; 2017-2027)
Dynamic Web Application
Static Web Application
End User Outlook (Revenue, USD Billion; 2017-2027)
Small and medium enterprises
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Retail and e-commerce
Media and Entertainment
Travel & Tourism
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Geographic segment covered in the report:
The Progressive Web Application market provides information about the market area, which is sub-divided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.
North America (USA and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East and Africa (GCC and Rest of Middle East and Africa)
Some of the key questions answered in this report:
What will be the growth rate, acceleration or growth momentum of the market during the forecast period?
What are the major factors driving the Progressive Web Application market?
What was the size of the Progressive Web Application Progressive Market by value in 2021?
What will be the expected size of the emerging Progressive Web Application market by the end of 2027?
Which region is expected to register the highest market share in the Progressive Web Application market?
What trends, barriers, and challenges will impact the growth and sizing of the Global Progressive Web Application Market?
What are revenue, sales volume, and price analysis of top manufacturers of Progressive Web Application market?
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