Web Performance Market Global Leading Players Update, Size, Share, Future Growth, Development, Emerging Technologies and Regional Analysis Forecats 2023

“Web Performance Market”
Global Web Performance Market Research Report: By Component (Solution, Service), By Organization Size (Smes, Large Enterprises), By Deployment (Cloud, On-Premise), Vertical (BFSI, IT & Telecommunication, Healthcare, Manufacturing) by Forecast Till 2023. Global web performance market is projected to reach USD 6 billion at a CAGR of over 9% by the end of the forecast period 2018-2023.

Market Highlights

The global web performance market is projected to witness a rapid growth during the forecast period owing to increasing demand for web performance solutions. Moreover, increasing demand for web performances across various industry verticals and rise in security breaches and cyber-attacks targeting enterprise websites are other major factors driving the growth of the global web performance market.

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The global web performance market by geography is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to witness a significant growth and hold the largest share of the global market during the forecast period. The U.S and Canada are anticipated to drive the growth of the web performance market in North America region owing to the presence of large number of established key players such as Akamai Technologies, Inc., CA Technologies, Inc., Cavisson Systems Inc., Cloudflare, Inc., Dynatrace, F5 Networks, Inc., IBM, Micro Focus International plc., Neustar, Inc., New Relic, Inc., and ThousandEyes, Inc. (U.S.) among others in this region. Due to sustainable and well-established economies in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows higher penetration of devices and ultimately provides better connectivity. The growth of the market is also attributed to increasing focus on business organizations towards better management of business processes and growing dependency of enterprises on web performance solutions. In the global web performance market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to increasing demand for web performance solutions across different industry verticals such as BFSI, healthcare, manufacturing among others across different countries in the region.

Web Performance Market Key Player Analysis:

Some of the prominent players in the global web performance market: Akamai Technologies, Inc. (U.S.), CA Technologies, Inc. (U.S.), Cavisson Systems Inc. (U.S.), CDNetworks (South Korea), Cloudflare, Inc. (U.S.), Dynatrace (U.S.), F5 Networks, Inc. (U.S.), IBM (U.S.), Micro Focus International plc. (U.K), Netmagic Solutions (India), Neustar, Inc. (U.S.), New Relic, Inc. (U.S.), ThousandEyes, Inc. (U.S.), and ZenQ (U.S.) among others.

Web Performance Market Segmentation:

The global Web Performance Market is segmented on the basis of component, organization size, deployment, and vertical. The component segment is classified into solution and services. However, the managed services sub segment in expected to grow at the highest rate during the forcats period. This is owing to the increasing business requirements which are outsourced and handled by managed service providers and hence the organziations can focus on their core business oeprations. 

Regional Analysis

The global web performance market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of web performance applications across various industry verticals such as BFSI, healthcare, manufacturing and IT and telecommunication among others.

Market Research Analysis:

North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The market in North America is witnessing a rapid growth due to technological advancements and rise in demand for web performance solutions across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenue as well as owing to the increased demand for web performance solutions in IT and telecommunication industry as well as growing ecommerce industry.

Intended Audience

  • Technology Investors
  • Research/Consultancy Firms
  • Government Bodies
  • Consulting Service Providers
  • Technology Providers
  • System Integrators
  • Software Vendors
  • Web Content Developers
  • Service Providers
  • Cloud Platform Providers
  • Mobile Application Developers
  • Communication Service Providers (CSPs)

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