Progressive Web Apps Market Trends

  • Report ID: 6609
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

Progressive Web Apps Market Trends

Growth Drivers

  • Improved user experience: The for Progressive Web Apps (PWAs) market is primarily driven by improved user experience due to the smooth and interesting digital interactions that PWAs provide. PWAs offer quick, dependable, and engaging user experiences straight from the web browser, bridging the gap between native mobile apps and traditional web applications. As PWAs employ service workers for offline functioning, one of their most notable advantages is their instantaneous loading speed, even in places with inadequate internet connectivity. This greatly improves the user experience by guaranteeing that users may engage with the application and access content without any delays.
  • Increasing use of mobile internet: As mobile devices become the primary way of accessing the internet internationally, the global progressive web apps market is poised to benefit substantially from the expanding mobile internet usage. For example, there were 5.45 billion internet users globally as of July 2024, making up 67.1 percent of the world's population. Among these, 5.17 billion people, or 63.7 percent of the global population, used social media. The growing dependency on mobile internet highlights the necessity for responsive and efficient web experiences. PWAs guarantee that consumers have immediate access to content and services by providing quick loading speeds, especially in locations with spotty or inadequate connectivity.
  • Economical and faster development cycles: The affordability and faster development cycles of PWAs are major factors propelling the progressive web apps market for progressive web apps. Companies always look for solutions to maintain high-quality digital solutions while optimizing their resources. PWAs enable developers to create a single application that works well on any device with a web browser, doing away with the requirement for distinct native apps for different platforms. Startups and small enterprises find this streamlined method especially appealing as it drastically cuts down on development time and expenses. Many firms seeking to leverage current technology find PWAs to be an attractive alternative to traditional apps due to the lesser cost needed to develop and maintain them.

Challenges

  • Concerns about data privacy and security: Concerns about security and data privacy are key obstacles affecting both users and developers. As PWAs proliferate, cybercriminals seeking to take advantage of flaws in these applications are becoming more interested in them. To preserve customer confidence and adhere to legal obligations, developers must prioritize safeguarding user data and ensuring secure data transmission.
  • Restricted support for devices and browsers: The progressive web apps market growth is severely constrained by limited browser and device compatibility, which prevents PWAs from being widely used. Even though PWAs have many advantages and sophisticated features, their functioning and performance can vary depending on the web browser and device. PWAs' reach is limited by this restriction, especially in markets where antiquated technology is still widely used. These discrepancies must be taken into account by companies looking to implement PWAs since they may prevent a sizable section of their target audience from interacting with their apps to the fullest extent possible.

Progressive Web Apps Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

31.4%

Base Year Market Size (2024)

USD 2.2 billion

Forecast Year Market Size (2037)

USD 74.1 billion

 Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6609
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The progressive web apps market size was USD 2.2 billion in 2024.

The global progressive web apps market size was US 2.2 billion in 2024 and is likely to reach USD 74.1 billion by the end of 2037, expanding at a CAGR of 31.4% over the forecast period, i.e., 2025-2037.

Google, Microsoft, OutSystems, Alokai, IBM Corporation, Cloud Four, Inc., DockYard Inc., Enonic AS, GoodBarber are some key players in the market.

The platform segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 33.5% during the forecast period.
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