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Emerging Trends to Drive Application Server Software Platform Market Growth at 6.7% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Application Server Software Platform Market Size By 2025?
In recent times, there has been significant growth in the market size of the application server software platform. Predictions state that it will escalate from $3.32 billion in 2024 to $3.54 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 6.7%. This marked growth during the historic period is due to the upsurge in the need for scalable, trustworthy, and high-performing server solutions, along with an increased preference towards internet usage and e-commerce activities.
How Big Is the Application Server Software Platform Market Size Expected to Grow by 2029?
The market size of the application server software platform is anticipated to witness considerable expansion in the coming years. The market is projected to reach $4.58 billion by 2029, with a compound annual growth rate (CAGR) of 6.7%. This expected growth during the forecast period could be due to factors such as the emergence of edge computing, increased use of IoT devices, and a rising focus on containerization and microservices architectures. The forecast period also predicts key trends like the evolution of cloud-native application servers, the adoption of serverless computing, AI and ML integrations, a heightened focus on security and compliance, and an enhanced experience for developers.
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Which Key Market Drivers Powering Application Server Software Platform Market Expansion and Growth?
The expansion of the application server software platform market is predicted to be fueled by the surge in cloud computing. Cloud computing encompasses the provision and utilization of computing services on demand, including data storage, servers, databases, networking, software, and analytics via the internet. The cost-effectiveness, scalability, adaptability, and accessibility offered by cloud computing is what is driving its growth, enabling businesses to streamline their operations and promote faster innovation. In the realm of cloud computing, application server software platforms enable the effective deployment, management, and scalability of web applications across varied computing environments. For instance, Eurostat, a government agency based in Luxembourg, reported in December 2023 that 45.2% of EU enterprises adopted cloud computing services for hosting their email systems, electronically storing files, and running office software in 2023, marking a 4.2 percentage point rise from 2021. Furthermore, in Finland (78.3%), Sweden (71.6%), Denmark (69.5%), and Malta (66.7%), at least 65% of enterprises purchased cloud computing services. Consequently, it's the surge in cloud computing that's propelling the application server software platform market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Application Server Software Platform Market?
In the application server software platform market, primary companies are creating inventive solutions like open-source application platforms, to enhance service to customers through advanced characteristics. An open-source application platform pertains to a cloud-supported platform, facilitating the mutual effort of developers and platform engineers in deploying and managing cloud-native apps in diverse cloud settings. For example, in October 2023, the technology company Microsoft, headquartered in the US, declared the introduction of Radius. This is crafted to facilitate collaboration among developers and platform engineers in deploying and managing cloud-native apps across various cloud settings, inclusive of private clouds, Microsoft Azure, and Amazon Web Services. It generates an application infrastructure comprising environments, resource groups, and connections, which gives rise to an application graph illustrating the interconnection between the application and its infrastructure.
What Are the Emerging Segments in the Application Server Software Platform Market?
The application server software platformmarket covered in this report is segmented -
1) By Type: Java-Based, Microsoft Windows-Based, Other Types
2) By Application: Deployment And Integration, Support And Maintenance
3) By End-User: Banking, Financial Services And Insurance (BFSI), Government, Healthcare, Information Technology (IT) And Telecom, Manufacturing, Retail, Other End-Users
Subsegments:
1) By Java-Based: Java EE (Enterprise Edition), JBoss Or WildFly, Apache Tomcat, WebLogic, WebSphere, GlassFish
2) By Microsoft Windows-Based: Microsoft IIS (Internet Information Services), ASP.NET, Microsoft SQL Server Integration Services (SSIS), Microsoft .NET Framework
3) By Other Types: PHP-Based Servers (Nginx, Apache HTTP Server), Node.js-Based Servers, Ruby On Rails, Python-Based Servers (Django, Flask), Open-Source Or Custom-built Platforms
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Who Are the Global Leaders in the Application Server Software Platform Market?
Major companies operating in the application server software platform market are Microsoft Corporation, Huawei Technologies Co. Ltd., Hitachi Ltd., Lenovo Group Limited, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Development LP, FUJITSU, NEC Corporation, Adobe, Citrix Systems Inc., Nutanix Inc., TIBCO Software Inc., Scale Computing Inc., NComputing Co. Ltd., Liquidware Inc., Nastel Technologies, Payara Services Ltd.
Which are the Top Profitable Regional Markets for the Application Server Software Platform Industry?
North America was the largest region in the application server software platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application server software platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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