Progressive Web Applications Market: Size and Trends Show Rapid Growth by 2030

The Progressive Web Applications Market reports provide readers with a better understanding of the market and competitive landscape to support better decision making.

Global progressive web apps The market was valued at US $ 856.8 million in 2020 and is expected to reach US $ 10,149 million by 2030, with growth estimated at a CAGR of 32% during the forecast period. At present, the market is strengthening its presence and some of the key players in the study are Angular, Cloud Four, Inc, DockYard, Inc, Enonic AS, Evan You (Vuejs), Facebook Inc. (React), GoodBarber, Google Developers (Chrome DevTools, Lighthouse, Workbox), Hidden Brains InfoTech, IBM Corp., Ionic, Kreyon, Microsoft, Netsmartz, Nexivo Consulting Private Limited, Nine Hertz, Preact, Redux, SNSEpro, TechnoScore.com, The Polymer Project, Unyscape Infocom, Webpack among others. The study is a perfect blend of qualitative and quantitative market data collected and validated primarily through primary data and secondary sources.

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The market research and analysis conducted in this Progressive Web Apps report also helps in determining the types of consumers, their views on the product, their purchase intentions, and their ideas for product advancement. This market research report has been prepared with a full understanding of the specific business requirements. The Progressive Web Apps report explains an in-depth study of the current state of the global market along with several market dynamics. It explains various definitions and segmentations or classifications of industry, industry applications and value chain structure. So take your business to the highest level of growth with this comprehensive Progressive Web Applications market research report.

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Industry trends

The growing demand from the media and entertainment industry is said to boost the global progressive web application market. There are around 3.5 billion smartphone users worldwide with 59% of the world’s population using the internet. With increasing digitization, the number is expected to increase even more in the years to come. According to a survey, people use smartphones for email (70%), online shopping (56%), banking (45%) and YouTube (42%). Customers spend a lot of time on apps, which has very little to do with traditional calling functionality. It is also estimated that people spend 162 minutes per day on an app on their smartphone.

It can be health apps, banking apps, entertainment apps, and food delivery apps, among others. It is also estimated that there are 2.8 million apps on the Play Store alone. These applications are called native applications; in which the user must first download the app and then install the app. However, these apps consume a lot of data while downloading and the speed of the app takes a hit as well. It is estimated that 50% of users close the app if the wait time is more than 3 seconds. Looking at the situation, progressive web applications have been developed which make use of modern web technology and provide an app-like experience to the user. These web applications have high speeds and do not require any installation. The biggest benefit for businesses is that the cost of progressive apps is about 70% economical compared to native apps.

Global Progressive Web Application Market:

Progressive Web Applications Market: By Offering

    • Tools and Libraries
    • Services

Progressive Web Applications Market: By Application

    • Dynamic web application
    • Static web application

Progressive Web Application Market: By End Users

    • Small and medium enterprises
    • Large companies

Progressive Web Applications Market: By Industry Vertical

    • Media and entertainment
    • Travel and tourism
    • Retail and e-commerce
    • Immovable
    • Education
    • Health care
    • Others

Progressive Web Apps Market: By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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