Overview:
On the basis of application type, the application server market has been segmented into mobile applications and web applications. Among these, the mobile applications segment is anticipated to exhibit the highest CAGR over the forecast period. Increasing demand for smartphones, in conjunction with rising popularity of mobile based applications, is anticipated to lead the proliferation of the segment in the foreseeable future.
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On the basis of deployment, the application server market has been segmented into on-cloud and on premise. Among these, the cloud segment is gaining much popularity and is poised to expand at the highest rate of growth in the coming years. Some of the advantages of cloud solutions such as scalability, mobility, flexibility, etc. are supposed to augment the segment in the foreseeable future.
On the basis of vertical, the application server market has been segmented into BFSI, healthcare, government, education, manufacturing, telecommunication and IT, retail, and others. Among these, the manufacturing segment is prognosticated to witness the highest growth over the forecast period. Increasing adoption of IoT in the industry is projected to intensify demand for application servers in the near future.
Segmentation:
By application type, the application server market has been segmented into web applications and mobile applications. Among these, the mobile application segment is expected to grow with the fastest CAGR during the forecast period. This is due to the increasing ownership of mobile phones and the growing demand for smartphone-based Internet applications to offer enhanced security, data redundancy, and high availability of applications.
By deployment, the market has been segmented into on-cloud and on-premise segments. Among these, the on-cloud segment is projected to grow with the fastest CAGR owing to integration and scalability, flexibility, mobility, and cost-effective features offered by the cloud platform, which increases the demand for cloud-based application server solutions. Also, advancements in information sharing technologies and growing use of smartphones and other smart devices are expected to drive the development of application server market which help in effective data management and service delivery.
By vertical, the market has been categorized into BFSI, transportation and logistics, consumer goods and retail, education, healthcare, manufacturing, media and entertainment, IT and telecommunications, travel and hospitality, and others. Among these, the manufacturing segment is expected to grow with the fastest CAGR owing to the increasing adoption of advanced technologies such as IoT and cloud which increases the demand for application servers.
Regional Analysis:
The geographical evaluation of the global application server market has been offered in this MRFR report. It presents a detailed regional segmentation that covers North America, Asia-Pacific, Europe, and the Rest of the World (RoW). These regions are then further narrowed down for providing an in-depth country-level assessment. North America holds an eminent share of the market and is anticipated to dominate it over the next few years. The availability of fast internet in the region is expected to lead the expansion of the Java application server market. Furthermore, the commercialization of 5G services is expected to catapult the regional market on its growth trajectory. Asia-Pacific is also expected to witness rapid growth due to rising adoption of IoT in end-user industries. Increasing number of IoT devices is poised to augment the demand for application servers in the coming years.
Key Players:
The Global Application Server Market is expected to be a growing market in the coming years owing to the presence of numerous large players active in the regional market Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), TIBCO Software Inc. (US), The Apache Software Foundation (US), Fujitsu Group (Japan), VMware, Inc. (US), NEC Corporation (Japan), SAP SE (Germany), Wipro (India), Adobe Systems Inc. (US), iWay Software (US), Pega Systems (US) CA Technologies (US), and Nastel Technologies (US) are the companies leading the application server market globally.
Lexmark (US), F5 Networks, Inc. (US), Dell Technologies, Inc. (US), and HostBridge (US), are some other players operating in the global application server market.
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