Progressive Web Apps Market

Global Progressive Web Apps Market Size, Share & Trends Analysis Report By Organization Size, By Application, By Component (Services and Platform (Mobile PWAs, Desktop PWAs, and Tablet PWAs)), By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-24610 Publication Date: September-2024 Number of Pages: 265
2023
1.3 Billion
2031
10.1 Billion
CAGR
30.2%
Historical Data
2020 to 2022

“Global Progressive Web Apps Market to reach a market value of 10.1 Billion by 2031 growing at a CAGR of 30.2%”

Analysis of Market Size & Trends

The Global Progressive Web Apps Market size is expected to reach $10.1 billion by 2031, rising at a market growth of 30.2% CAGR during the forecast period.

PWAs enable developers to generate a single codebase compatible with various devices, including desktop, tablet, and mobile. This unification simplifies the development process and reduces the time and resources needed to build and maintain separate apps for different operating systems. With cross-platform PWAs, businesses can ensure a consistent user experience across various devices and platforms. Thus, the Platform Segment captured a $719.49 Million revenue in 2023.

Progressive Web Apps Market Size - Global Opportunities and Trends Analysis Report 2020-2031

PWAs offer a seamless, app-like experience within a web browser. They provide fast load times, smooth interactions, and offline capabilities, which enhance user satisfaction and engagement. As businesses prioritize delivering superior UX to retain and attract users, the demand for PWAs rises. PWAs are designed to be highly responsive and efficient, with features such as caching and background sync. In conclusion, the growing emphasis on user experience drives the market's growth.

Additionally, as mobile device usage continues to rise, users increasingly expect applications to be accessible and functional on their smartphones and tablets. PWAs meet this demand by offering an app-like experience directly through web browsers on mobile devices without requiring separate installations. The transition to mobile-first strategies in web development evidence the increasing significance of accommodating mobile users. In conclusion, increased mobile device usage worldwide is driving the market's growth.

PWAs might struggle with offline functionality in applications that require real-time or large amounts of data processing. For instance, apps that handle extensive multimedia content or complex data analytics may not perform well without a stable internet connection, limiting their effectiveness in offline modes. While PWAs offer basic offline functionality, they can face limitations in more complex offline scenarios. In conclusion, limited offline capabilities in certain scenarios impede market growth.

Driving and Restraining Factors
Progressive Web Apps Market
  • Growing Emphasis On User Experience
  • Rising Demand For Cross-Platform Solutions
  • Increased Mobile Device Usage Worldwide
  • Complexity In Handling Multiple Platforms
  • Limited Offline Capabilities In Certain Scenarios
  • Increasing Support From Major Browsers
  • Growing Interest In Web-Based Solutions
  • Challenges In Achieving Native App Performance
  • Potential For Increased Data Usage

Application Outlook

By application, the progressive web apps market is divided into e-commerce and retail, media and entertainment, social media, travel & tourism, healthcare, education, banking & financial platform, and other application. In 2023, the banking and financial platform segment attained 16% revenue share in the progressive web apps market. PWAs are served over HTTPS, ensuring encrypted and secure communication between users and financial institutions. This is crucial for banking and financial services, which handle sensitive personal and financial information.

Component Outlook

Based on component, the progressive web apps market is divided into platform and services. In 2023, the services segment procured 44% revenue share in the progressive web apps market. Businesses are increasingly seeking customized PWA solutions that cater specifically to their needs. This includes tailored development services, unique feature integration, and bespoke designs that align with their brand and user experience goals.

Progressive Web Apps Market Share and Industry Analysis Report 2023

Organization Size Outlook

On the basis of organization size, the progressive web apps market is segmented into small & medium enterprises and large enterprises. In 2023, the small & medium enterprises segment acquired 44% revenue share in the progressive web apps market. PWAs provide a more cost-effective alternative to developing and maintaining individual native applications for various platforms. SMEs, which often have limited budgets, find PWAs a cost-effective way to provide a high-quality app experience without the significant expense associated with traditional app development.

Free Valuable Insights: Global Progressive Web Apps Market size to reach USD 10.1 Billion by 2031

Regional Outlook

Region-wise, the progressive web apps market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 29% revenue share in the progressive web apps market. Many countries in the Asia Pacific region have high mobile internet usage and limited desktop access. PWAs offer a mobile-friendly experience with fast performance and offline capabilities, making them ideal for a predominantly mobile-first user base.

Progressive Web Apps Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 1.3 Billion
Market size forecast in 2031 USD 10.1 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 30.2% from 2024 to 2031
Number of Pages 265
Tables 470
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Organization Size, Application, Component, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Google LLC, Microsoft Corporation, IBM Corporation, Meta Platforms, Inc., OutSystems- Software em Rede, S.A., Cloud Four, Inc., GoodBarber, DockYard Inc., Enonic AS, and Alokai Sp. z o.o.
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

List of Key Companies Profiled

  • Google LLC
  • Microsoft Corporation
  • IBM Corporation
  • Meta Platforms, Inc.
  • OutSystems- Software em Rede, S.A.
  • Cloud Four, Inc.
  • GoodBarber
  • DockYard Inc.
  • Enonic AS
  • Alokai Sp. z o.o.

Progressive Web Apps Market Report Segmentation

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Application

  • Social Media
  • Media & Entertainment
  • Banking & Financial Platform
  • E-commerce & Retail
  • Travel & Tourism
  • Healthcare
  • Education
  • Other Application

By Component

  • Services
  • Platform
    • Mobile PWAs
    • Desktop PWAs
    • Tablet PWAs

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo