I rather suspect that there's more than one thing going on here. Part of it is simply down to the fact that it takes a finite time for the wastegate to open enough to let the pressure drop off. Before my car was modded, it would hit 1.3 if you wellied it, but the maximum manufacturer's setting was 1.1 bar. It just peaked at 1.3 before the wastegate had could open.
Where cars have been remapped, it's down to pragmatism. You want the maximum boost low down to produce the acceleration, but you can't sustain it would breaking something, so you map it to reduce the pressure a little higher. So my car currently peaks at 1.75 bar at about 3500rpm, but after about 400rpm this tails off to about 1.60 bar. That headline figure has been tweaked up and own as various issues have arisen, but the 1.60 figure has stayed constant. I should also point out that on cold days if I seriously boot it then that 1.75 bar figure will be exceeded for the reason given first: 1.85 bar is the highest ever.
M