DUBLIN--(BUSINESS WIRE)--The "Application Modernization Services - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Application Modernization Services market worldwide is projected to grow by US$20.7 Billion, driven by a compounded growth of 20.1%.
Application Integration, one of the segments analyzed and sized in this study, displays the potential to grow at over 21%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.5 Billion by the year 2025, Application Integration will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 21.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$767.8 Million to the region's size and clout in the next 5 to 6 years. Over US$990.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Application Integration will reach a market size of US$937.6 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 19.6% over the next couple of years and add approximately US$3.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Asysco, Inc.
- Atos SA
- Bell Integrator
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Fujitsu Ltd.
- HCL Technologies Ltd.
- IBM Corporation
- Macrosoft Inc.
- Micro Focus International PLC
- Oracle Corporation
- Tech Mahindra Ltd.
- UST Global
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Application Modernization: An Introduction
- Application Modernization Services and Benefits
- Rationalizing Applications
- Migrating to Cloud Platform
- Developing New Applications for Cloud
- Using Automation and AI
- The Need and Strategy for Modernizing Legacy Systems
- Key Migration Options for Modernizing Applications
- Creating Business Value from Existing Apps
- Key Services
- Application Integration
- Cloud Application Migration
- Application Replatforming
- Application Portfolio Assessment
- Application Modernization Services: Industry Overview
- US Dominates with Largest Market Share
- Application Integration: Leading Services Segment
- Small and Medium Enterprises: Fastest Growing Organization Size Segment
- Key Vendors in the Application Modernization Services Marketplace
- Global Competitor Market Shares
- Application Modernization Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Customer Centered Innovation: New Approach to Modernization
- Migration Strategy and Planning: Key to Success of Cloud Migration
- Serverless Solution to Applications Modernization
- Strategies for Application Migration: Replatform or Rehost
- Replatforming: Maximizing Profits through Porting Business Application to Cloud
- Cloud Migration Drive Transformation in Restaurant Industry
- Transforming Legacy Systems: Why and How
- Modernization of Legacy System: Preparing for Digital Future
- Legacy Modernization: Challenges
- Application Modernization: Key Challenges
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Application Modernization Services Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Market Facts & Figures
- European Application Modernization Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
REST OF EUROPE
REST OF WORLD
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/m4e1uy