Global Application Transformation Market Analysis and Industry Forecast, 2020-2027: Rise in Adoption of Advanced Technologies Such as 5G, AI, ML, and IoT - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Application Transformation Market by Service Type, Enterprise Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Factors such as emergence of cloud technology and increase in consumption of Big Data; high cost associated with the maintenance of legacy applications; and technological development and advancement in application transformation primarily drives the growth of the global application transformation market.

In addition, ongoing trend of legacy modernization fuels the demand for application transformation. However, difficulty in application transformation due to complexities in the legacy systems is expected to hamper the market growth to some extent.

On the other hand, rise in adoption of advanced technologies such as 5G, AI, ML, and IoT is expected to provide lucrative opportunities for the market growth during the forecast period. Also, emerging need for digital transformation is anticipated to be opportunistic for the market growth during the forecast period.

The company profiles of Application Transformation Market players included in this report are Accenture, Atos, Cognizant, Fujitsu, HCL Technologies Ltd., Hexaware, IBM Corporation, Micro Focus International PLC, Microsoft Inc., and TCS.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.3.1. Key market players

1.4. Research methodology

1.4.1. Secondary research

1.4.2. Primary research

1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors

2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key forces shaping the application transformation market

3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Emergence of cloud technology and increasing consumption of Big Data

3.3.1.2. High cost associated with the maintenance of legacy applications

3.3.1.3. Technological development and advancement in application transformation

3.3.1.4. Ongoing trend of legacy modernization

3.3.2. Restraints

3.3.2.1. Difficulty in application transformation due to complexities in the legacy systems

3.3.3. Opportunities

3.3.3.1. Rise in adoption of advanced technologies such as 5G, AI, ML, and IoT

3.3.3.2. Emerging need for digital transformation

3.4. Patent analysis

3.5. COVID-19 impact analysis on the application transformation market

CHAPTER 4: APPLICATION TRANSFORMATION MARKET, BY SERVICE TYPE

4.1. Overview

4.2. Cloud application migration

4.3. Application integration

4.4. Application replatforming

4.5. Application portfolio assessment

4.6. UI/UX modernizations

CHAPTER 5: APPLICATION TRANSFORMATION MARKET, BY ENTERPRISE SIZE

5.1. Overview

5.2. Large enterprises

5.3. Small & medium enterprises

CHAPTER 6: APPLICATION TRANSFORMATION MARKET, BY INDUSTRY VERTICAL

6.1. Overview

6.2. BFSI

6.3. IT and telecom

6.4. Government

6.5. Healthcare

6.6. Retail

6.7. Manufacturing

CHAPTER 7: APPLICATION TRANSFORMATION MARKET, BY REGION

CHAPTER 8: COMPETITIVE LANDSCAPE

CHAPTER 9: COMPANY PROFILE

• Accenture
• Atos
• Cognizant
• Fujitsu
• HCL Technologies
• Hexaware Technologies Limited
• International Business Machines Corporation
• Micro Focus International plc
• Microsoft Corporation
• Tata Consultancy Services Limited

For more information about this report visit https://www.researchandmarkets.com/r/u21lbq