Vancouver, BC -- (SBWIRE) -- 01/22/2021 -- 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

Progressive Web Application Market
Progressive web applications are experiencing a high surge in demand among the medium and small scale industries as they offer several benefits and can work without an internet connection. These have higher conversion rates than native apps and can load pages faster and reduce the complications involved in the maintenance of the apps. The global progressive web application market is projected to grow at a CAGR of 31.9% and reach a value of USD 10.44 Billion by 2027, according to a recent report published by Emergen Research.

This all-encompassing report on the global Progressive Web Application market comprises of an executive summary that briefly describes the overall market, its drivers, restraints, prominent segments, and competitive landscape. Each part of the executive summary is distinctly explained in the report through individual chapters. The chapters comprise of precise calculations demonstrated through charts and graphs.

The publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report. The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global market.

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Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Progressive Web Application market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Progressive Web Application market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Progressive Web Application market growth worldwide?

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.

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Market Drivers
Growing penetration of smartphones and internet usage will fuel demand growth during the forecast period. The adoption of progressive web applications by small and medium scale businesses will contribute to the largest part of the demand share during the forecast period. The characteristics like high conversion rates, enhanced page visits and session lengths have resulted in greater adoption of these applications by the businesses. On the other hand, the use of fewer data enhances the customer experience, leading to greater acceptance of the progressive web applications by the consumers.

Regional Outlook
Growing usage of web-based applications has poised the North American regional market to be the leading shareholder of the global market through the forecast period. The Asia Pacific region has a high scope of growth and is analyzed to grow at a significant CAGR during the forecast period, owing to the emergence of a vast number of medium and small scale industries.

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Acquisition trends
An assessment of acquisition trends since 2014 provides insights into the inorganic growth routes adopted by established companies for differentiating their products, and coping with competition. The key technologies acquired through these deals are related to mixed-signal solutions, always-on communication, design capabilities, and memory technologies. Various strategic drivers related to the transactions are also included in the report. The acquisition trends suggest that mid-stage companies are also being considered as potential targets by established players.

Offering Outlook (Revenue, USD Billion; 2017–2027)
Services
Tools & Libraries

Application Outlook (Revenue, USD Billion; 2017–2027)
Dynamic Web Application
Static Web Application

End-user Outlook (Revenue, USD Billion; 2017–2027)
Small- & Medium-sized Enterprises
Large Enterprises

Industry Vertical Outlook (Revenue, USD Billion; 2017–2027)
Retail & E-commerce
Media & Entertainment
Real Estate
Travel & Tourism
Healthcare
Education
Others

Browse complete report description and visit our website @ https://www.emergenresearch.com/industry-report/progressive-web-application-market

Table of Content

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