Application Server Market Size – Global Opportunities & Forecast 2021-2028
Global Application Server Market
The Application Server Market is projected to embellish at a rate of 13.2% over the tenure of seven years, i.e., 2021-2028. The increasing inclination towards the deployment of mobile apps with the accelerating penetration of smartphones and the internet has elevated the market growth.
Application Server Market Dynamics
The extensive innovations in mobile device technologies and wireless networks have encouraged the adoption of application servers to unusual areas, such as the digitalization of government services as well as the spread of information. Further, the ongoing technological innovations in wireless networks, mobile phones have introduced various opportunities for expanding the domain of application servers to different areas, including digitalization of government services information, which has stimulated the market growth. Moreover, the increasing inclination towards e-commerce and mobile businesses has elevated the market growth. Various organizations across the world have become dependent on IT infrastructure. This growing dependency of businesses on IT is majorly because the system certifies effective management of different database and backend processes. Besides this, the surge in the online channels and the evolving need for applications to promote sales and record them through a distance are other crucial reasons behind the market growth. Application servers possess the ability to affect the modern software supply models, open-source software to provide an enhanced user experience while deploying applications on smartphones or tablets or reading various cloud applications. The accelerating number of start-ups, primarily across the developing nations such as India and China, has also contributed to the market growth. For instance, as per CompTIA, there are over 525,000 IT and software services in the United States, with 40,500 techs start-ups introduced in 2018 alone, which has elevated the market growth. The inclination to use mobile apps with the seepage of tablets and smartphones and the faster internet has elevated the market growth. However, inflated maintenance costs and the risk of data loss may restrain the market growth.
Deployment Segment Drivers
By deployment, the hosted type segment is anticipated to expand significantly over the forecast period. The growing deployment of mobile data accompanied by the ongoing innovations in the server has contributed to the market growth. The hosted deployment enhances the accessibility while reducing maintenance, offering faster incorporation, and decreasing the need for an operational workforce.
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