Application Gateway Market - 29% Of Growth To Originate From APAC | Increased Use Of M-Commerce To Boost Market | 17000+ Technavio Reports
NEW YORK, March 30, 2022 /PRNewswire/ -- The "Application Gateway Market by End-user (Large enterprises and SMEs) and Geography (North America, Europe, APAC, Middle East and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.29% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the application gateway market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Another key region offering significant growth opportunities to the vendors in North America. The high adoption of smartphones and other mobile devices will facilitate the application gateway market growth in APAC over the forecast period.
The potential growth difference for the application gateway market between 2021 and 2026 is USD 1.32 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
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The application gateway market report is segmented by End-user (Large enterprises and SMEs) and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
The application gateway market share growth by the large enterprise segment will be significant for revenue generation. There is a very high adoption of application gateways among large enterprises, owing to the generation of a large number of transactions. Companies operating in the banking, financial services, and insurance (BSFI), information technology (IT), and manufacturing sectors are the major contributors to this segment. Moreover, modern vending machines are equipped with contactless and card-based payments. Most of the market revenue is generated by large enterprises, as they are more inclined toward technology. This is a major factor driving the growth of the market.
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Some Companies Mentioned
The application gateway market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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