The global progressive web application market is estimated to reach value of USD 10.44 Billion by 2027, according to a current analysis by Emergen Research. PWA focuses on loading more rapidly and using fewer data. Dynamic web application is a framework software which controls construction of a web page and facilitates maintenance .. progressive web application Market Size – USD 1.13 Billion in 2019, Market Growth – at a CAGR of 31.9%, Market Trends – High demand from the media entertainment industry. Moreover, another driving factor is that PWAs do have to replace native apps, as they work in tandem with them. This is the latest report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus attack on the world economy has impacted all, and thus its impacts are elucidated in-depth in the report for the Progressive Web Application market.
A surge in the number of smartphone users and significant amount of time spent by these users on apps are projected to propel the progressive web application market during the forecast period. The small- medium-sized enterprises (SMEs) segment is estimated to expand at the most rapid CAGR during the forecast period, owing to high adoption of progressive web applications. PWAs occupy limited space and they can run on low Internet speed and on offline mode as well. Examples of dynamic web application include news apps and e-commerce apps. Growing penetration of smartphones and surging Internet usage are projected to drive the progressive web application market during the forecast period.
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Key market participants include Fusion Informatics, Deligence Technologies Pvt. Ltd., Aafilogic Infotech, Constant Infosolutions, CMARIX TechnoLabs, MLSDev, Nextyug India, Hidden Brain, Google Developers, IBM Corporation, and Microsoft.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Progressive Web Application market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Progressive Web Application market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Progressive Web Application industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.
For the purpose of this report, Emergen Research has segmented the global progressive web application market based on offering, application, end-user, industry vertical, and region:
Offering Outlook (Revenue, USD Billion; 2017–2027)
Services
Tools Libraries
End-user Outlook (Revenue, USD Billion; 2017–2027)
Small- Medium-sized Enterprises
Large Enterprises
Application Outlook (Revenue, USD Billion; 2017–2027)
Dynamic Web Application
Static Web Application
Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
Retail E-commerce
Media Entertainment
Real Estate
Travel Tourism.
Healthcare
Education
Others
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Regional Overview:
The global Progressive Web Application market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Progressive Web Application market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Objectives of the Report:
Analysis and estimation of the Progressive Web Application market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Progressive Web Application market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Market Taxonomy:
Chapter 1: Methodology Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
Read More: https://www.emergenresearch.com/industry-report/progressive-web-application-market
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