Global Progressive Web Apps Market Forecast to Reach USD 25.56 Billion by 2034, Growing at an 8.65% CAGR

Evolve Business Intelligence has published a research report on the Global Progressive Web Apps Market, 2024–2034. The global Progressive Web Apps Market is projected to exhibit a CAGR of around 8.65% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the global Progressive Web Apps Market: Google, Microsoft, OutSystems, IBM Corporation, Cloud Four Inc., DockYard Inc., Enonic AS, GoodBarber, Meta and Svelte.

Market Highlights

The Global Progressive Web Apps Market is projected to be valued at USD 25.56 Billion by 2034, recording a CAGR of around 8.65% during the forecast period. The Progressive Web Apps (PWA) market is experiencing substantial growth and is projected to continue on this trajectory in the coming years. PWAs are web applications that offer an app-like experience to users, combining the best of web and native applications. They are designed to be reliable, fast, and engaging, working on any device with a modern browser without requiring users to download them from an app store.

The Progressive Web Apps market is poised for strong growth, driven by the increasing demand for seamless and engaging mobile web experiences. The technology offers numerous benefits for both businesses and users, leading to its wider adoption across various industries and regions.

Segmental Analysis

The global Progressive Web Apps Market has been segmented based on Component, Organization Size and Application.

Based on Component, the Progressive Web Apps Market is segmented into Platform and Services. The Platform is anticipated to dominate the market.

Based on Organization Size, the global Progressive Web Apps Market has been Small & Medium Enterprises and Large Enterprises. The Large Enterprises segment is anticipated to dominate the market.

Based on Application, the global Progressive Web Apps Market has been divided E-commerce and Retail, Media and Entertainment, Travel and Tourism, Healthcare, Education, Banking and Financial Services, Others. The E-commerce and Retail segment is anticipated to dominate the market.

Regional Analysis

The Progressive Web Apps Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America region has high concentration of technology firms and early adoption of digital innovations, particularly in e-commerce, media, and finance. Advanced IT infrastructure and a strong emphasis on user experience (UX) optimization and Increasing focus of large enterprises on mobile-first strategies and digital transformation. Europe Region increasing adoption of mobile-first strategies by businesses in retail, travel, and media sectors. Rising demand for efficient applications with offline functionality to provide seamless and reliable mobile experiences and increasing focus on enhancing customer satisfaction and engagement through improved user experiences. Asia-Pacific region, is rapidly increasing internet and smartphone penetration, especially in developing economies like India and China. Cost-effectiveness and offline capabilities of PWAs, making them suitable for regions with inconsistent internet access and has strong presence of e-commerce and social media platforms driving PWA adoption for enhanced user engagement. Latin America region, increasing smartphone penetration and growing internet access. PWAs’ ability to function well even with limited internet connectivity, which is relevant in some parts of the region and rising adoption of mobile commerce. The entire Middle East and Africa region are less readily available in the provided sources, the region is showing increasing interest in digital solutions and mobile-first approaches. Rising smartphone adoption, increasing internet penetration, and a growing focus on digital transformation by businesses and governments