Global Application Modernization Services Market Analysis, Trends, and Forecasts 2020-2025 - ResearchAndMarkets.com

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,

• Accenture
• 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

UNITED STATES

• Market Facts & Figures
• US Application Modernization Services Market Share (in %) by Company: 2019 & 2025
• Market Analytics

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures
• European Application Modernization Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025
• Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/m4e1uy