Progressive Web Application Market Size, Share Global Analysis Report, 2020 - 2026

Industry Insights

According to the report published by Facts & Factors, the global Progressive Web Application Market size was worth around USD 1100 million in 2019 and is predicted to grow around USD 7,600 million by 2026 with a compound annual growth rate (CAGR) of roughly 34% between 2020 and 2026. The report analyzes the global Progressive Web Application Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Progressive Web Application Market.

The report encompasses the forecast as well as analysis of the progressive web app market on a global and regional level. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue around (USD 7,600 Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the progressive web app.

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the progressive web app market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.

Key Insights from Primary Research

• As per our primary respondents, the global progressive web application market is set to grow annually at a rate of around 34%.
• It was established through primary research that the global Commercial cooking equipment market was valued at around USD 1200 Million in 2019
• The “tool and libraries” category, on the basis of offering segmentation, was the leading revenue-generating category accounting for around 68% share, in 2019
• On the basis of End-Users segmentation, the “Small and Medium Enterprise ” category held the leading share at more than 64%, in 2019
• Based on the region, North America is expected to account for the revenue share of around 45%, in 2019 in the target market

Key Recommendations from Analysts

• As per our analysis, the global progressive web application is growing at high CAGR and various end-use industries are aware of this potential market and applications of the progressive web application.
• Growing at a CAGR around 34 %, global progressive web application market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified tool and libraries and Small and Medium Enterprise are dominating segments for global progressive web application market in terms of offering and end-users segmentations respectively
• As per our analysts, global progressive web application North America is expected to account for the revenue share of around 40%, in target market

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the progressive web app market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the progressive web application market.

The study provides a decisive view of the progressive web application market by segmenting the progressive web application market based on by offering, by application, by end-user, and by industry vertical and regions. All the segments and sub-segments have been examined based on historic, current and future trends in the global market and the market size is estimated from 2020 to 2026 in terms of volume and value. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

A progressive web application is a lightweight website that can be duplicatedas an application on a cell phone, with easy loading, rich functionality, and welcoming site pictures without being a local application. Progressive Web Apps are a mix of best of uses and the best of the web, offering an unequaled experience directly from compact to work quality. Progressive Web Apps doesn't require any sort of installations on the Smartphone as it tends to be spared directly from the site to a smartphone home screen. It likewise spares telephone stockpiling/memory. The dynamic web application can work without the web. The held set aside on the cell phone makes it easy to stack dynamic web applications in disconnected mode. Progressive web application improves the execution of applications on cell phones. Thusly, the Progressive web application gives speedier comprehension and decreases the bounce-back rate on the site.

In view of division, the market can be arranged based on by offering, by application, by end-client, and by industry vertical. In terms of contribution, tools and libraries section represented the biggest portion of the worldwide Progressive Web Apps Market showcase in 2019. Further, application fragments incorporate static web application and dynamic web application in which dynamic web application represents the piece of the pie of around 64% and is required to overwhelm in the objective market. Also, it very well may be portioned into end-user, which incorporates Small and Medium Enterprise, and Large Enterprise in which Small and Medium Enterprise represents the significant offer and is required to rule in the Progressive web application market.

Report Scope

This report segments the progressive web application market as follows:

The key players operating in the market are

• Angular
• Cloud Four Inc
• DockYard Inc
• Enonic AS
• GoodBarber
• IBM Corp
• Ionic
• Kreyon
• Microsoft
• Preact

Global progressive web application Market: By Offering Segment Analysis

• Tool & Libraries
• Service

Global progressive web application Market: By Application Segment Analysis

• Static Web Application
• Dynamic Web Application

Global progressive web application Market: By End-Users Segment Analysis

• Small and Medium Enterprise
• Large Enterprise

Global progressive web application Market: Industry Vertical Analysis

• Media and Entertainment
• Travel and Tourism
• Retail and E-Commerce
• Real Estate
• Education
• Healthcare
• Others

Global progressive web application Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle-East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis about the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis about its impact on market growth