Global Application Server Market To be Driven by the Increasing Internet Connectivity In the Forecast Period Of 2023-2028
The new report by Expert Market Research titled, ‘Global Application Server Market Size, Share, Analysis, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global application server market, assessing the market based on its segments like types, deployments, end-uses, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Application Server Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 4%
The global market for application servers is expected to be driven by the growing dependence on applications and increasing internet connectivity.
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Increasing adoption of cloud platforms and proliferation of IoT devices are also likely to be significant drivers. During the forecast period, rapid improvements in mobile device technologies, wireless networks, and increased digitalisation across different sectors are projected to drive the global application server market. In addition, the market is expected to develop as a rising number of emerging technologies, such as the Internet of Things (IoT), are combined with apps to support and execute numerous applications in a smart and presentable manner.
Furthermore, the growing acceptance of e-commerce and m-commerce applications by the general public and the rising usage of IoT technology and cloud platforms by the general public are presenting profitable chances to the expanding industry.
Application Server Industry Definition and Major Segments
Application servers are strong computer systems that offer users and web clients with application resources. Between database servers (which hold application data) and web servers are application servers (that communicate with clients). In other words, application servers are commonly used in web-based applications that have a three-tier architecture.
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By type, the market is segmented into:
- Microsoft Windows
By deployment, the market is classified into:
By end-use, the market is divided into:
- IT and Telecom
On the basis of region, the market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Application Server Market Trends
The banking, financial services, and insurance (BFSI) sector are continually faced with new regulations and cybersecurity threats and a consistently growing number of transactions and data volume. The BFSI sector is an inconsistent need for secure and scalable solutions that enable efficient delivery of services.
These applications require to be updated at fairly regular intervals to match developments in technology and be equipped with modern security features that protect against constantly evolving cyberthreats. Thus, application servers are expected to witness increased demand from the BFSI sector. The continuous expansion of high-speed internet networks and the increased desire for using mobile apps in tandem with the proliferation of smartphones are projected to fuel growth.
Key Market Players
The major players in the market are Microsoft Corporation, International Business Machines Corp., Oracle Corporation, Red Hat, Inc., TIBCO Software Inc., The Apache Software Foundation, and FUJITSU, among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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