According to a new report, published by KBV research, The Global Application Server Market size is expected to reach $61.01 billion by 2031, rising at a market growth of 14.0% CAGR during the forecast period.
The Hosted segment is experiencing a CAGR of 13.6 % during the forecast period. Hosted application servers, which third-party service providers typically manage, offer businesses significant advantages such as reduced infrastructure costs, scalability, and ease of maintenance. As organizations increasingly move to the cloud for flexibility and cost efficiency, hosted application servers have become the preferred choice.
The Java segment led the maximum revenue in the Global Application Server Market by Type in 2023, thereby, achieving a market value of $33.0 billion by 2031. Java’s dominance in this market can be attributed to its robust features, scalability, and platform independence, making it a popular choice for businesses seeking reliable, secure, and scalable server solutions. The language’s versatility in handling large-scale, complex applications has kept it a leading option across various industries, such as finance, telecommunications, and e-commerce.
The IT & Telecom segment is growing at a CAGR of 11.8 % during the forecast period. The IT & telecom sector relies on application servers to manage and deliver various services, including cloud computing, network management, and communication services. With the increasing demand for faster, more efficient digital services, application servers have become critical in ensuring the reliability and scalability of infrastructure within this sector.
Full Report: https://www.kbvresearch.com/application-server-market/
The North America region dominated the Global Application Server Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $24.7 billion by 2031. The Europe region is anticipated to grow at a CAGR of 13.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 14.6% during (2024 - 2031).
By Deployment
By Type
By End Use