Progressive web application market is expected to grow during the forecast period, owing to the following factors such as increasing demand from small & medium enterprises, cost-effective method, increasing adoption in online business models, and surge in the number of mobile phone users.
Online applications known as Progressive Web Applications (PWAs) give users a native app-like experience by integrating service workers, and other web-platform characteristics with progressive enhancement. Users of PWAs can benefit from install ability, progressive enhancement, responsive design, re-engagement, link ability, discoverability, network independence, and security.
Progressive Web Application MarketDrivers
Increasing Demand from SMEs-
Cost-Effective Approach-
Increasing Adoption in Online Business Models-
Rising Social Networking Applications-
Progressive Web Application MarketChallenges
Limited Software & Hardware Support-
Lack of Download Opportunities-
Restrictions on Advanced Features-
Progressive Web Application MarketTrends
Increased Mobile Adoption-
Voice And AI-
Impact Of COVID-19 On Global Progressive Web Application Market
The global progressive web application market has started to capitalize on the shift in consumer behaviour induced by the coronavirus pandemic, exploiting it to its full potential. Changed consumer behaviour as a result of the pandemic, as well as recent advancements in digitalization, provide many companies with a once-in-a-lifetime opportunity to expand and prosper. In these tough times, organizations of all sizes are looking to seize this opportunity to appeal to people across digital channels, from start-ups to existing businesses. For instance, during the pandemic, progressive web applications have proven to be a lifesaver and a much-needed companion amid lockdowns and social isolation. People can fulfil their daily needs and maintain their composure in these extremely difficult times by using various on-demand applications.
The public’s enthusiasm for the progressive web applications opportunities that arose during the pandemic, leads us to conclude that COVID-19 has sparked a new wave of digitalization. This surge of digitalization, combined with continuing shifts in the software development industry, has stopped us from collapsing. Consumer behaviour, shopping patterns, and ways of socializing and functioning have all changed as a result of the ongoing disruption, and progressive web applications have primarily helped keep everyone’s schedule intact. People have been able to adapt to this modern reality thanks to the widespread availability of mobile apps. They have been able to make this adjustment due to the growing digitalization facilitated by smartphones and progressive web applications, including online banking, healthcare, online shopping, dating, digital payments, gaming, and e-learning apps. In short, due to the strict conditions of lockdown, shutdown, and quarantine, the global progressive web applications market will grow like never before.
Recent Developments in Global Progressive Web Application Market
- In 2022, Microsoft announced that PWABuilder will beusing Google’s Bubblewrap technology. This announcement came along with theintroduction of support for new features including native app shortcuts andadvanced Android features available through PWABuilder. The collaborativeefforts of tech giants like Google and Microsoft are extremely promising forthe future of PWA adoption.
- In January 2021, Google launched a new YouTube PWA,making the website available as app on smartphones. YouTube Music and YouTubeTV already had PWA support, until then.
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Market Segments
The global Progressive Web Application market is segmented into business type, deployment, offering, application, end-user, industry, and region. Based on business type, the market is segmented into business to business and business to consumer. Based on deployment, the market is segmented into web based and server based. Based on offering, the market is segmented into services and tools & libraries. Based on application, the market is segmented into dynamic web applications and static web applications. Based on end-user, the market is segmented into small & medium-sized enterprises and larger enterprises. Based on industry, the market is segmented into E-Commerce, BFSI, media & entertainment, healthcare, travel & tourism, and others.
Market Players
Major market players in the global progressive web application market are Microsoft Corporation, Altoros Systems, Inc., IBM Corporation, Hidden Brains Infotech, Nine Hertz India Private Limited, Octal IT Solution LLP, CMARIX TechnoLabs Pvt. Ltd., Concetto Labs Software Services Private Limited, Deligence Technologies Pvt Ltd., Sparx IT Solutions.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2022 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Business Type Deployment Offering Application End-User Industry Region |
Regional Scope | North America, Europe, Asia-Pacific, South America, Middle East & Africa |
Country scope | United States, Canada, Mexico, China, India, Japan, South Korea, Philippines, Germany, Italy, UK, France, Spain, UAE, Saudi Arabia, South Africa, Brazil, Argentina, Colombia |
Key companies profiled | Microsoft Corporation, Altoros Systems, Inc., IBM Corporation, Hidden Brains Infotech, Nine Hertz India Private Limited, Octal IT Solution LLP, CMARIX TechnoLabs Pvt. Ltd., Concetto Labs Software Services Private Limited, Deligence Technologies Pvt Ltd., Sparx IT Solutions. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |