Progressive Web Application Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2027

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Growing penetration of smartphones and surging Internet usage are projected to drive the progressive web application market during the forecast period.

The report studies the factors influencing the growth of the industry in the global Progressive Web Application market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the Progressive Web Application market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

The global progressive web application market is estimated to reach value of USD 10.44 Billion by 2027, according to a current analysis by Emergen Research. Progressive web applications (PWAs) remove any friction by using web to deliver app-standard experiences. The user need not have to install apps and he/she can simply navigate to the site on the browser, including Safari and Chrome. PWA focuses on loading more rapidly and using fewer data. Rich features of progressive web application, such as push notifications on Android, touch gestures, geo-location, and ability to save icons of PWA on home screens to make them easily accessible, are making it popular among users. Moreover, another driving factor is that PWAs do have to replace native apps, as they work in tandem with them. A surge in the number of smartphone users and significant amount of time spent by these users on apps are projected to propel the progressive web application market during the forecast period. However, complicated, slow-building, and deploying applications are projected to hamper the adoption of this technology in the near future. PWAs occupy limited space and they can run on low Internet speed and on offline mode as well. This drives the demand for PWAs exponentially.

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Key market participants include Fusion Informatics, Deligence Technologies Pvt. Ltd., Aafilogic Infotech, Constant Infosolutions, CMARIX TechnoLabs, MLSDev, Nextyug India, Hidden Brain, Google Developers, IBM Corporation, and Microsoft.

 The complete regional analysis covers:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Competitive Landscape:

The latest report encases an in-depth summary of the intensely competitive landscape of the global Progressive web application market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.

For the purpose of this report, Emergen Research has segmented the global progressive web application market based on offering, application, end-user, industry vertical, and region:

Offering Outlook (Revenue, USD Billion; 2017–2027)

  • Services
  • Tools Libraries

Application Outlook (Revenue, USD Billion; 2017–2027)

  • Dynamic Web Application
  • Static Web Application

End-user Outlook (Revenue, USD Billion; 2017–2027)

  • Small- Medium-sized Enterprises
  • Large Enterprises

Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)

  • Retail E-commerce
  • Media Entertainment
  • Real Estate
  • Travel Tourism
  • Healthcare
  • Education
  • Others

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

 

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