Application Platform Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Application Platform Market Growth and it is segmented by Type (Software, Services), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), and Geography (North America, Europe, and Asia-Pacific). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Application Platform Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Application Platform Market Size

Application Platform Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 7.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Application Platform Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Application Platform Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Application Platform Market Analysis

The Application Platform Market is expected to register a CAGR of 7.5% during the forecast period.

The COVID-19 pandemic positively impacted the industry as it fueled its growth rate to satisfy the sudden boom in application development.

  • Traditionally, application platforms offered restricted services; platforms such as IBM mainframe offered CICS, and desktop PC only offered basic operating systems. Today, software and hardware environments have expanded significantly, and developers often have many options. Similarly, application platforms are now broad and support all kinds of applications. They also provide a consistent experience by enabling the same tools and skills to create different applications on diverse hardware.
  • Application platforms play a vital role in modern computing environments. These platforms leverage other applications and data to provide all the value that information technology brings, and also virtually every other application depends on an application platform. Since most organizations today rely on applications, there's a clear connection between business value and application platforms. This instance vows to be one of the primary drivers for the growth of the market.
  • Also, cloud-based application platforms are gaining traction in the software industry. Pure cloud platform vendors such as Workday, Salesforce, and ServiceNow have been reporting significant growth. These platforms allow for the faster deployment of applications leveraging and embedding technological advancements such as AI, automation, and analytics.
  • Further, owing to the success of these next-generation platforms, the software industry is under pressure. For instance, application vendors such as Oracle, SAP, and Microsoft have been continuously investing in these generation platforms as they aim to provide state-of-the-art application platforms to help retain their existing customers and further attack new customer segments.
  • Additionally, amidst the COVID-19 situation, businesses across industries have fast-tracked their digital transformation initiatives. The projects that were scoped to occur over months and years are now aimed to take place in a matter of days, and the ability to build, scale, and ship applications fast has become imperative. Thereby, there is a growing need for tools and platforms that streamline processes and eliminate time-consuming tasks.

Application Platform Industry Overview

The Application Platform Market is moderately consolidated with the presence of prominent vendors, among others. The prominent vendors in the market are leveraging the customer's existing application investments toward the transition to emerging architectures and programming paradigms. Further, the vendors are embracing acquisitions and product enhancements to maintain their competitive position in the market.

In December 2022, Salesforce announced the availability of a low-code DevOps Center service on its infrastructure, providing developers with an opinionated platform for building custom applications. The Salesforce DevOps Center service is based on the same object model that Salesforce uses to construct its applications.

In May 2022, Red Hat announced Red Hat Application Foundations, a connected set of application services that, together with the Red Hat OpenShift, help accelerate containerized application development and delivery across hybrid and multi-cloud environments.

Application Platform Market Leaders

  1. International Business Machines Corporation

  2. Salesforce.com Inc.

  3. Oracle Corporation

  4. Microsoft Corporation

  5. SAP SE

  6. *Disclaimer: Major Players sorted in no particular order
Application Platform Market - Market Concentration.png
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Application Platform Market News

  • November 2022: OutSystems announced the acquisition of Ionic, a provider of an open-source framework that provides developers with a higher level of abstraction for building and deploying mobile and desktop applications. Ionic would provide an extension to the platform that OutSystems already uses to automate the building and deployment of low-code applications.
  • August 2022: VMware announced the additions to its Tanzu for Kubernetes portfolio, including the ability to deploy the Tanzu Application Platform (TAP) with the Red Hat OpenShift Container Platform. It also supports the SPDX format for developing software bills of materials (SBOMs) alongside existing support for the CycloneDX format.

Application Platform Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitute Products
  • 4.3 COVID-19 Impact on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Popularity of Cloud-based Services
  • 5.2 Market Restraints
    • 5.2.1 Low Skillset in Emerging Economies

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Software
    • 6.1.2 Services
  • 6.2 By Organization Size
    • 6.2.1 Small and Medium-Sized Enterprises
    • 6.2.2 Large Enterprises
  • 6.3 Geography
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia Pacific
    • 6.3.4 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 International Business Machines Corporation
    • 7.1.2 Microsoft Corporation
    • 7.1.3 Oracle Corporation
    • 7.1.4 Salesforce.com Inc.
    • 7.1.5 BMC Software Inc.
    • 7.1.6 Google LLC (Alphabet Inc)
    • 7.1.7 Micro Focus International Plc
    • 7.1.8 GigaSpaces Technologies Ltd.
    • 7.1.9 SAP SE
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Application Platform Industry Segmentation

An Application Platform refers to the framework of services that application programs rely upon. The platform operates across five core areas, including operating systems, data services, execution services, and development tools. The study deals with the market trends, growth, and estimated numbers of the application platform market. The market is segmented by Type (Software, Services), Organization Size ( Small and Medium-Sized Enterprises, Large Enterprises), and geography, covering North America, Europe, Asia Pacific, and the Rest of the World.

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Type Software
Services
By Organization Size Small and Medium-Sized Enterprises
Large Enterprises
Geography North America
Europe
Asia Pacific
Rest of the World
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Application Platform Market Research FAQs

What is the current Application Platform Market size?

The Application Platform Market is projected to register a CAGR of 7.5% during the forecast period (2025-2030)

Who are the key players in Application Platform Market?

International Business Machines Corporation, Salesforce.com Inc., Oracle Corporation, Microsoft Corporation and SAP SE are the major companies operating in the Application Platform Market.

Which is the fastest growing region in Application Platform Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Application Platform Market?

In 2025, the North America accounts for the largest market share in Application Platform Market.

What years does this Application Platform Market cover?

The report covers the Application Platform Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Application Platform Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Application Platform Industry Report

Statistics for the 2025 Application Platform market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Application Platform analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.