Application Server Market: Current Analysis and Forecast (2022-2028)
$3999 – $6999
Emphasis on Type (Java, Windows, and Others); Deployment (On-Premises and Cloud); End-users (BFSI, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others); Region/Country.
Pages: | 163 |
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Table: | 48 |
Figure: | 79 |
Report ID: | UMTI211328 |
Geography: |
Report Description
The global Application Server Market is anticipated to grow with an elevated CAGR of around 13% over the forecast period (2022-2028). Application servers provide a framework to build and deploy web applications and offer a variety of services when running such applications. These services include security, transactions, clustering for increased performance, and diagnostic capabilities, among others. These products can also include servers that strictly host web applications. Application servers are used by software developers who are trying to quickly build applications and have them supported by the server environment in which they are deployed.
The growing adoption of the application server can be attributed 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.
Insights Presented in the Report
“Amongst Type, java segment is expected to achieve a considerable CAGR during the forecast period”
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. Java application servers help the developer to create responsive pages, carts, and checkout pages that load with minimum latency and help in providing consistent performance.
Amongst Deployment, the cloud segment is expected to achieve a considerable CAGR during the forecast period”
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 for 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, and 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 costs are 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.
Amongst End-User, the BFSI segment holds the major market share in 2020”
Based on end-user, the market is segmented into BFSI, government, healthcare, IT and telecom, manufacturing, retail, and others. In 2020, the BFSI segment led the application server market. The BFSI segment is expected to grow with a robust CAGR during the forecast period. The banking and finance sector continually faces new regulations and cyber security threats and a consistently growing number of transactions and data volumes. The BFSI sector is in consistent need of secure and scalable solutions that enable efficient delivery of 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.
“North America represents one of the largest markets of application server market”
For a better understanding of the market dynamics of the application server market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, and Rest of APAC), 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.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
- The report presents a quick review of overall industry performance at one glance
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive regional level analysis of the industry
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Research Methodology
Research Methodology for the Global Application Server Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global application server market were the three major steps undertaken to create and analyze the adoption of the application server in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global application server market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments in the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the application server through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the application server market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type, deployment, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of application servers across the globe.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the application server. Further, we conducted factor analysis using dependent and independent variables such as the growing number of people with chronic diseases and the increasing elderly population all over the globe. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the application server sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Application server market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of application servers across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the application server market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the application server market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, deployment, and end-user, of the application server market.
The main objective of the Application server Market Study
The current & future market trends of the Application server were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the application server in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of type, deployment, and end-user
- Define and analysis of the regulatory framework for the application server industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the application server market for the major region
- Major regions studied in the report include North America, Europe, Asia-Pacific, and Rest of the world
- Company profiles of the Application server market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry