The Asia Pacific Progressive Web Apps Market would witness market growth of 30.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Progressive Web Apps Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $858.8 million by 2031. The Japan market is registering a CAGR of 30.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 31.7% during (2024 - 2031).
The adoption of progressive web apps has been driven by their numerous benefits and the increasing demand for high-quality digital experiences. Several factors contribute to the growing adoption of PWAs. For instance, PWAs allow businesses to maintain a single codebase for both web and mobile platforms, reducing the complexity and cost of developing and maintaining separate native apps for iOS and Android. With a unified approach, development cycles are shorter, enabling quicker deployment and updates than developing multiple native applications.
PWAs are designed to deliver fast loading times through caching and service workers, significantly improving user experience by reducing wait times and enhancing performance. The app-like nature of PWAs ensures smooth transitions and interactions, which can lead to higher user satisfaction and engagement. As mobile usage continues to rise, PWAs provide an optimized mobile experience, ensuring users can access fast and responsive applications regardless of their device or network conditions. PWAs can be installed on users’ home screens, offering an app-like experience without app store distribution, increasing user engagement and retention.
With increasing internet penetration, a larger Chinese population is gaining access to online services. PWAs offer a cost-effective solution for reaching these new internet users, especially in rural and less developed regions. According to the State Council of the People’s Republic of China, China’s internet users totaled 1.079 billion by June 2023, an increase of 11.09 million since December 2022, and steady growth in internet applications. China’s internet penetration reached 76.4%. PWAs in the BFSI sector must comply with regulations set by the Reserve Bank of India (RBI) regarding data protection and financial transactions, ensuring secure and compliant financial services. PWAs can integrate advanced security features, such as biometric authentication and real-time fraud detection, to safeguard users’ financial information and transactions. In conclusion, rising internet penetration and expansion of the BFSI sector in the region are driving the market's growth.
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Social Media, Media & Entertainment, Banking & Financial Platform, E-commerce & Retail, Travel & Tourism, Healthcare, Education, and Other Application. Based on Component, the market is segmented into Services and Platform (Mobile PWAs, Desktop PWAs, and Tablet PWAs). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Progressive Web Apps Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $858.8 million by 2031. The Japan market is registering a CAGR of 30.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 31.7% during (2024 - 2031).
The adoption of progressive web apps has been driven by their numerous benefits and the increasing demand for high-quality digital experiences. Several factors contribute to the growing adoption of PWAs. For instance, PWAs allow businesses to maintain a single codebase for both web and mobile platforms, reducing the complexity and cost of developing and maintaining separate native apps for iOS and Android. With a unified approach, development cycles are shorter, enabling quicker deployment and updates than developing multiple native applications.
PWAs are designed to deliver fast loading times through caching and service workers, significantly improving user experience by reducing wait times and enhancing performance. The app-like nature of PWAs ensures smooth transitions and interactions, which can lead to higher user satisfaction and engagement. As mobile usage continues to rise, PWAs provide an optimized mobile experience, ensuring users can access fast and responsive applications regardless of their device or network conditions. PWAs can be installed on users’ home screens, offering an app-like experience without app store distribution, increasing user engagement and retention.
With increasing internet penetration, a larger Chinese population is gaining access to online services. PWAs offer a cost-effective solution for reaching these new internet users, especially in rural and less developed regions. According to the State Council of the People’s Republic of China, China’s internet users totaled 1.079 billion by June 2023, an increase of 11.09 million since December 2022, and steady growth in internet applications. China’s internet penetration reached 76.4%. PWAs in the BFSI sector must comply with regulations set by the Reserve Bank of India (RBI) regarding data protection and financial transactions, ensuring secure and compliant financial services. PWAs can integrate advanced security features, such as biometric authentication and real-time fraud detection, to safeguard users’ financial information and transactions. In conclusion, rising internet penetration and expansion of the BFSI sector in the region are driving the market's growth.
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Social Media, Media & Entertainment, Banking & Financial Platform, E-commerce & Retail, Travel & Tourism, Healthcare, Education, and Other Application. Based on Component, the market is segmented into Services and Platform (Mobile PWAs, Desktop PWAs, and Tablet PWAs). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
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 Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Progressive Web Apps Market by Organization Size
Chapter 5. Asia Pacific Progressive Web Apps Market by Application
Chapter 6. Asia Pacific Progressive Web Apps Market by Component
Chapter 7. Asia Pacific Progressive Web Apps Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- 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.
Methodology
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