Messaging Application Market 2022: Global Key Players

Messaging Application Market 2022

Messaging Application Market 2022

The word Wide Web is about to evolve into Web 3.0. This could include smart contracts, decentralized applications and, not to mention, peer-to-peer networking. Software development outsourcing would be used to provide the best products to end consumers. Additionally, automated code review tools are available to maintain coding standards. The email app market is set to become big guns, when it comes to software verticals.

Persistence Market Research forecasts that the global messaging apps market will grow from approximately US$4,540.0 million in 2017 to US$6,842.4 million by the end of 2025. This will reflect a revenue CAGR of 4.6% over the forecast period.

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In a new report “Email Application Market: Global Industry Analysis 2012-2016 and Forecast 2017-2027”, Persistence Market Research presents a detailed analysis of the global email application market over an eight-year forecast period from 2017 to 2027. The report focuses on the various factors impacting the growth in the adoption of messaging apps by businesses – large, small, and medium.

Segmentation of the global messaging apps market

The global messaging apps market is segmented on the basis of end-user (SME, large enterprise); type of deployment (public cloud, on-premises); operating environment (Windows, Linux, Unix, Mainframe, Others); vertical (BFSI, Healthcare, Media & Entertainment, IT & Telecom, Energy & Electricity, Automotive, Consumer Goods & Retail, Other); and region (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa)

Key players:

The report has profiled some of the important players prevailing in the world such as Microsoft Corporation, IBM Corporation, Google Inc., Micro Focus International Plc, NEC Corporation, Amazon.Com, Hitachi, J2 Global Inc. and Fujitsu. and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future prospects of Messaging Application.

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Market forecast by region

The North America messaging application market is expected to grow at a CAGR of 5.0% from 2017 to 2027. The North America regional market will represent an additional opportunity of US$596.0 million between 2017 and 2027. Europe and Asia-Pacific regional markets are expected to grow 1.3x in value between 2017 and 2027, registering a CAGR of 3.8% each from 2017-2027. In the North America region, the United States is expected to be the most attractive market for messaging apps and will also register high annual growth rates throughout the forecast period.

Market Forecast by Deployment Type

The on-premises segment is expected to experience significant revenue growth throughout the forecast period, growing from an estimated market valuation of over US$2,500 million in 2017 to approximately US$3,800 million in 2027. This segment will register a CAGR of 5.1% during the forecast period and will remain the most attractive segment by deployment type, registering strong year-on-year growth throughout the assessment period.

Market forecast by end user

Small and medium enterprises (SMEs) will remain the dominant end users of messaging applications. This segment is expected to grow at a relatively high CAGR of 5.2% during the forecast period. This segment will experience consistent revenue growth throughout the eight-year period from 2017 to 2027.

Market Forecast by Operating Environment

The Windows operating system will grow at a significant CAGR during the forecast period. From a market value of US$3,094.9 million in 2016 to around US$4,802.8 million in 2027, the Windows segment is expected to grow at a CAGR of 4.9% during the forecast period. and remain the most attractive segment by operating environment, followed by the Linux operating system is expected to grow at a CAGR of 4.2% in terms of revenue.

Market Forecast by Vertical

In terms of revenue, the BFSI segment is expected to be the most attractive vertical segment in the global messaging apps market and will register high annual growth rates throughout the forecast period. The BFSI segment will show a CAGR of 5.4% and will be valued at approximately US$1,600 million by the end of 2027. Healthcare will be second in line after the BFSI segment, with an estimated market valuation of US$1,406m by the end of 2027. followed by the IT & Telecom segment with an estimated market valuation of around US$1,018m by the end of 2027.

Regional Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
South America (Brazil, Argentina etc.)
Middle East and Africa (Saudi Arabia, South Africa, etc.)

Main stakeholders
Messaging Application Market Manufacturers
Messaging Application Market Distributors/Traders/Wholesalers
Messaging Application Market Subcomponent Manufacturers
industry association
Downstream Suppliers

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Answers to key questions in this report.

What will be the growth rate of the market in the future?
What are the key factors driving the global market?
Who are the major manufacturers in the Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by industry regions?

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June J. Lopez