30 March 2021
Visiongain has published a new report on Application Server Market Report to 2031: Forecasts By Application Server Type (Java, Microsoft Windows, Others), By Deployment (On-Cloud, On-Premise), By Application Type (Web Applications, Mobile Applications), By Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, Government & Defense, Media & Entertainment, Others). PLUS, Profiles of Application Server Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Global application server market was valued at US$ XX billion in 2019 and is projected to reach a market value of US$ XX billion by 2031.
An application server is a form of platform middleware which resides between the operating system, external resources such as database management system (DBMS), and user applications. The application server acts as a host for the business logic and facilitates the access and performance of the business application. Growing usage of computer & mobile applications and developments in wireless networks are the factors driving the growth of the application security market. The market seeks growth opportunities from the rising adoption of e-commerce and m-commerce applications and Adoption of Cloud & IoT Technology. However, High Cost for Maintaining Application Servers and System Integration Complexities are some of the factors hampering the market growth during the forecast period.
COVID-19 Impact on Application Server Market
The covid-19 outbreak is expected to have a positive impact on the application server market. With the rising demand for work from initiatives and BYOD trend, the need for application availability and reliability increases to ensure business continuity. Moreover, the adoption of cloud-based applications to provide a boost in business productivity and effectivity amidst lockdown drives the need for application servers to enhance the application performance and reduce downtime of the application. Also, the increasing demand for applications such as on-demand gaming & videos, live streaming and e-commerce during the pandemic further drives the market for application servers.
Growing Usage of Computer & Mobile Applications
The BYOD trend has been witnessing a rise over the years. The scalability and accessibility features offered by the adoption of the cloud platform is driving the BYOD trend. Using personal smartphones and tablets for work purpose becomes convenient for employees and in-expensive for employers. However, as more and more employee-owned devices are allowed, the demand for mobile and web application increases for effective collaboration. Application servers help in increasing the availability of applications even during high traffic times and supports efficient data processing, thereby driving the need for the application servers.
Developments in Wireless Networks
Wireless networks are being increasingly developed owing to the rising focus on digitalization. Wireless networks are used in various industrial and home applications. The intelligent wireless networks increase the need for applications for data transferring and computing. Application servers help in sharing the data between the network applications efficiently and computing them even during the high data traffic. Thus, developments in wireless networks is driving the growth of the application server market.
Rising Adoption of E-commerce and M-commerce Applications
Smartphone penetration has increased notably over the years, thereby raising the demand for several smartphone supported applications. The adoption of e-wallets, online payment, and social media applications are on the rise. However, consumer demand quick responsive and interactive applications which do not offer any lag. Thus, the enterprises are emphasizing on adopting application servers to ensure customer satisfaction and help strengthen their market position.
Increasing Adoption of Cloud and IoT Technology
Digitalization is having a significant impact on the countries economic condition. The information and communication technologies provide new opportunities for economies to grow. Developing, as well as developed nations are emphasizing on ICT technologies to enable digital transformation, thereby supporting the adoption of cloud and IoT technologies. Adoption of cloud and IoT technology across various industry verticals creates a need for smart and intelligent applications. Such applications require high availability and reliability of applications and the need to handle increased data traffic efficiently, thereby creating growth prospects for the application server market.
The application server market is highly competitive. The key market players are focused on innovating its product offerings to help them obtain a competitive position in the market. Some of the companies profiled in the report include Microsoft Corporation, IBM Corporation, Oracle Corporation, TIBCO Software Inc., Fujitsu Group, VMware, Inc., NEC Corporation, SAP SE, Wipro, and F5 Networks, Inc.
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