The Web Performance by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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https://www.thebusinessresearchcompany.com/report/web-performance-global-market-report
According to The Business Research Company’s Web Performance, The web performance market size has grown strongly in recent years. It will grow from $5.76 billion in 2023 to $6.3 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to user experience emphasis, mobile optimization, search engine optimization (seo), impact of latency on user engagement, user retention and loyalty.
The web performance market size is expected to see rapid growth in the next few years. It will grow to $9.57 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to increasing emphasis on core web vitals, rise of progressive web apps (pwas), continued growth of mobile internet usage, e-commerce competitiveness, impact of web performance on seo. . Major trends in the forecast period include sustainability and green web practices, user experience design and performance, adoption of content delivery networks (cdns), serverless architecture, third-party script management, webassembly (wasm).
The rise in growth of the E-commerce industry is expected to drive the web performance market. Ecommerce is the purchase and sale of goods and services over the internet. The growth of the world wide web and technologies has made business functions faster and easier to execute. E-commerce has made doing business more cost-effective and efficient. For instance, in 2022, the Indian eCommerce market size is expected to grow by 21.5%, reaching USD 74.8 billion. By 2030, according to the Indian brand equity Foundation (IBEF), India’s e-commerce market is expected to be worth USD 350 billion. The Indian e-commerce market size is expected to grow to USD 111 billion by 2024 and USD 200 billion by 2026. Increased internet and smartphone penetration have fueled much of the industry’s growth. Therefore, the rise in the growth of the E-commerce industry is driving the web performance market growth.
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The web performance market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Type: On-Premises, Cloud
3) By End User: IT and Telecom, Logistics and Transportation, Government, Healthcare, Manufacturing, Media and Entertainment, Other End Users
Technology advancement is a key trend gaining popularity in the web performance market. Major players in the market are focusing on launching and implementing advanced web applications technology for web performance. For instance, in September 2021, Micro Focus UK-based enterprise software provider, delivering technology and supporting services released Visual COBOL 7.0 and Enterprise Suite 7.0, which provide COBOL and mainframe application, process, and infrastructure modernization solutions. Micro Focus Visual COBOL and Enterprise Suite 7.0 are the culmination of a decade of consistent investment that builds on the company’s more than 40 years of experience in modernizing mission-critical applications running on the mainframe or distributed environments, as organizations seek to deliver on IT strategies through modernization and digital transformation initiatives. This latest release reinforces Micro Focus’ commitment to customers by delivering proven, robust solutions that protect their investments and enable them to meet changing business expectations while taking advantage of new environments and infrastructures.
The web performance market report table of contents includes:
1. Executive Summary
2. Web Performance Market Characteristics
- Web Performance Market Trends And Strategies
- Web Performance Market – Macro Economic Scenario
5. Global Web Performance Market Size and Growth
…..
31. Global Web Performance Market Competitive Benchmarking
32. Global Web Performance Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Web Performance Market
34. Web Performance Market Future Outlook and Potential Analysis
35. Appendix
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