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Application servers market to increase at a CAGR of 17.5%

Press Release   •   Jul 29, 2013 10:52 BST

The application server market has been forecast to increase at a compound annual growth rate (CAGR) of 17.5% over the next six years, increasing from a value of approximately $7.4 billion at the end of 2012, to hit a market value of $30.1 billion by 2019.

According to a recent report, 'Application Server Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019,' key drivers of this growth over the coming years include the growth of mobile internet, and the spread of the internet in general to all parts of the globe. This growth will help drive the market for apps into the trillions in the next few years.

The app market is forecast to grow to a value of $36 trillion by 2019, new markets evolved because of the value that apps provide to smart phones, mobile devices, tablets, and the Internet of things. These apps will drive the application server market to $30 billionby create the need for tools to use in writing the apps.

Application servers are being used to create apps that run on mobile devices and that tie together the Internet of things.

An application server can be either a software framework that provides a generalised approach to creating an application-server implementation, without regard to what the application functions are, or the server portion of a specific implementation instance.

In either case, the server's function is dedicated to the efficient execution of procedures (programs, routines, scripts) for supporting its applied applications.

IBM is moving toward domination of the application server market, going from 55% share in 2011 to 60% share in 2012, buttressed in part by its dominance in supporting development of mobile apps. This achievement of 60% share of the application server market provides IBM with a defacto standard status in the market.

Strong growth is anticipated for the application server market as tablets, smart phones, and mobile devices replace PCs. Mobile devices proliferate with 6.9 billion smart phones anticipated to be installed in 2019.

For more information on the application servers market, see the latest research: Application Servers Market

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