Component (Platform, Services)
Platform segment is likely to dominate progressive web apps (PWA) market share of over 55.2% by 2037 owing to the rising need to develop cross-platform compatible software. PWA-enabled platforms boost user engagement while fulfilling the demand for responsive and easily accessible digital solutions. The platform segment is rapidly expanding as these platforms bridge the gap between web and mobile experiences. These platforms are cross-platform compatible, can operate offline or in low-network conditions, and offer enhanced speed and performance. Moreover, the adoption of these platforms is rising as they offer SEO benefits and better user engagement compared to native platforms.
Application (E-commerce & Retail, Media & Entertainment, Social Media, Travel & Tourism, Healthcare, Education, Banking & Financial Services, Others)
In progressive web apps market, social media segment is set to capture revenue share of around 19.5% by the end of 2037 owing to high usage of social media and rising usage of PWA in social media for faster, reliable, and engaging experiences. PWA offers important elements including, fast load times, offline accessibility, push notifications for user interaction, and efficient resource management. Furthermore, PWAs give a wider market reach, especially in areas with poor connectivity, and guarantee higher user retention through background synchronization and a seamless user experience.
Our in-depth analysis of the progressive web apps (PWA) market includes the following segments
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Author Credits: Abhishek Verma
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