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Author: Vikas Kumar
January 12, 2023
The global application server market is expected to grow significantly by 2028 expanding at a reasonable CAGR of around 13% during the forecast period (2022-2028F). The application server market is witnessing growth due to rising to the increasing trend of eCommerce and the increasing adoption of smartphones globally. The application servers provide various other functionalities as well such as security, scalability, database management, end-user, traffic management, etc. These additional functionalities are expected to drive the application server market. Furthermore, the increasing incidents of data breaches positively affect the application server market. For instance, Data breaches exposed 4.1 billion records in the first six months of 2019.
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Based on type, the market is segmented into java, windows, and others. The java segment is expected to achieve a considerable CAGR during the forecast period. The growing adoption of java-based application servers can be attributed to the growing implementation of java servers in the eCommerce industry. The eCommerce industry is flourishing globally, for instance in the year 2020 the total amount of products sold online was more than $4000 billion, serving more than 800 million customers.
Based on deployment, the market is segmented into cloud and on-premises. The cloud segment is expected to achieve a considerable CAGR during the forecast period. The growing demand of cloud services can be attributed to the cost-effectiveness of cloud services, IT leaders can easily right-size computing resources according to unique business requirements and cut wasteful spending, rather than estimate capacity needs in advance, organizations can adjust on the fly, as well as eliminate unnecessary hardware or rigid on-premises assets. The cloud reduces the operations costs significantly as cloud implementation and maintenance cost very less. Furthermore, applications that are on the cloud are very easy to access from anywhere. These are the major drivers attributed to cloud adoption.
Based on end-user, the market is segmented into BFSI, government, healthcare, IT and telecom, manufacturing, retail, and others. The BFSI segment is expected to grow with a considerable CAGR during the forecast period. The BFSI segment is expected to grow with a robust CAGR during the forecast period banking and finance sector continually faces new regulations and cyber security threats and a consistently growing number of transactions and data volume. The BFSI sector is in consistent need of secure and scalable solutions that enable efficient delivery of the services. Further, these applications require to be updated at fairly regular intervals to match developments in technology and be equipped with the latest security features that protect against constantly evolving cyber security threats.
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For a better understanding of the market adoption of the application server, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, and Rest of APAC), and Rest of World has been conducted. The North American region led the application server market in 2020, majorly due to the presence of a large number of market players in the region who invests largely in the refinement of such technologies and the high penetration rate of smartphone devices. For instance, in the US there are more than 298 million smartphone users.
Microsoft Corporation, International Business Machines, Oracle Corporation, Red Hat Inc, Tibco Software Inc, The Apache Software Foundation, Fujitsu, VMWare Inc, NEC Corporation, and Sap Se, are some of the key players operating in the global application server market. Several M&As along with partnerships have been undertaken by these players to develop various types of application server.
Global Application Server Market SegmentationMarket Insight, by Type
Market Insight, by Deployment
Market Insight, by End-User
Market Insight, by Region
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