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The global application platform market size is expected to grow from USD 8.99 billion in 2018 to USD 11.69 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.4%LONDON, May 30, 2018 /PRNewswire/ -- The application platform market is expected to grow at a Compound Annual Growth Rate of 5.4% during the forecast period. Owing to the rapid growth of web and mobile applications in this region, the need to deploy, monitor, protect, and manage these applications against vulnerabilities is a major concern. This concern has given rise to the demand for application platform software in this region, as this software provides a reliable platform to develop, deploy, and manage enterprise applications. In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The break-up of profiles of primary participants is as follows: • By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30% • By Designation: C-Level – 72%, Director Level – 14%, and Others – 14% • By Region: North America – 57%, Europe – 14%, APAC, and ROW – 29% The application platform market includes major vendors, such as IBM (US), Oracle (US), SAP (Germany), NEC (Japan), Microsoft (US), Micro Focus (UK), Fujitsu (Japan), Hitachi (Japan), Adobe (US), HPE (US), Huawei (China), and Red Hat (US). The other players include Akamai (US), GigaSpaces (US), Caucho (US), Apache Tomcat, TmaxSoft (US), Nastel Technologies (US), Navisite (US), Rogue Wave Software (US), 4D Technologies (France), NGINX (US), Mendix (US), Kony (US), and Betty Blocks (Netherlands). Research Coverage: The report includes an in-depth competitive analysis of the key players in the application platform market, along with their company profiles, recent developments, and key market strategies. The report segments the application platform market by component (software and service), deployment, organization size, and region. Reasons to Buy the Report: The application platform market has been segmented on the basis of components (software and services), deployments, organization size, and regions. The report is expected to help market leaders/new entrants in the application platform market in the following ways: 1. The overall application platform market revenue stream has been derived considering the revenue generated from the application platform software, and this revenue does not accurately reflect the application platform's user base. The report provides the closest approximations of the revenue numbers for the overall market and subsegments. The market numbers are further split into regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities. 3. The report helps stakeholders to understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions. Download the full report: https://www.reportbuyer.com/product/5404209 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com SOURCE ReportBuyer 
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