Global Web Performance Market to Reach US$10.8 Billion by 2030
The global market for Web Performance estimated at US$6.3 Billion in the year 2023, is expected to reach US$10.8 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2023-2030. IT & Telecom Vertical, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the Government Vertical segment is estimated at 6.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.7 Billion While China is Forecast to Grow at 7.4% CAGR
The Web Performance market in the U.S. is estimated at US$1.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.7% and 6.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.
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