Web Performance Market Size to Surpass USD 12.70 Billion by
From GlobeNewswire: 2025-02-26 10:00:00
The Web Performance Market was valued at $5.86 billion in 2023 and is projected to reach $12.70 billion by 2032, with a CAGR of 9.04% from 2024-2032. Major players include Akamai, New Relic, F5 Networks, and more. E-commerce growth, mobile & cloud adoption, security focus, and AI & Edge computing are key drivers of market growth.
In the Web Performance Market, solutions lead with a 69% revenue share in 2023, driven by AI-based optimization tools and CDNs. Services are expected to grow at a CAGR of 11.25% due to increasing demand for consulting and managed services. Cloud deployment dominates with 58% revenue share, while on-premise solutions gain traction for data security and compliance.
Large enterprises currently dominate the Web Performance Market with a 59% revenue share, investing in AI analytics and cloud optimization tools. SMEs are projected to witness rapid growth at a CAGR of 10.01%, driven by cost-effective digital solutions for improved online presence. Retail & E-commerce leads in end-use, while IT & Telecom are poised for rapid growth due to cloud computing and 5G technology advancements. The growth of the web performance market is driven by high-speed networks and optimized web solutions. Segmentation includes components, deployments, enterprise sizes, and end uses. North America leads with 39% revenue share, while Asia Pacific is the fastest-growing region at 10.59% CAGR. Recent developments include Akamai Technologies expanding its micro-segmentation solution. Consult SNS Insider for market analysis and consulting services.
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