Global Application Server Market to be Driven by Increase in Internet Connectivity During the Forecast Period 2022-2027
Expert Market Research’s new report titled ‘Global Application Server Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Application Server market, assessing the market based on its segments such as types, deployments, end uses, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 4%
The global application server market is expected to be driven by the growing reliance on applications and increasing internet connectivity. The growing adoption of cloud platforms and the proliferation of IoT devices are also likely to be important drivers. During the forecast period, rapid improvements in mobile device technologies, wireless networks and increased digitalization in different industries are expected to drive the global application server market. Further, the market is expected to grow as an increasing number of emerging technologies, such as the Internet of Things (IoT), are combined with applications to support and run 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 increasing use of IoT technology and cloud platforms by the general public present profitable opportunities for the growing industry.
Industry definition and major segments
Application servers are powerful computing systems that provide users and web clients with application resources. Between the database servers (which hold application data) and the web servers are application servers (which communicate with clients). In other words, application servers are commonly used in web applications which have a three-tier architecture.
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By Type, the market is segmented into:
By deployment, the market is categorized into:
By End Use, the market is split into:
- Health care
- IT and Telecom
On the basis of region, the market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The banking, financial services and insurance (BFSI) industry continually faces new regulations and cybersecurity threats, as well as an increasing number of transactions and data volumes. The BFSI industry has an inconsistent need for secure and scalable solutions that enable efficient service delivery. These applications need to be updated at fairly regular intervals to keep pace with technological developments and be equipped with modern security features that protect against ever-evolving cyber threats. Thus, application servers are expected to experience increased demand from the BFSI sector. The continued expansion of high-speed Internet networks and the increased desire to use mobile applications alongside the proliferation of smartphones are expected to fuel growth.
Main market players
Major market players include 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 market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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