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Global Application Modernization Services Market Analysis and Forecast to 2022 | Growth Opportunity Assessment

  • ID : 3413892  |  
  • Published : Feb-2018  |  
  • Region : Global  |  
  • Pages : 112   |  
  • Publisher : Acute Market Insights

Global Application Modernization Services Market Size

According to our report, The Global Application Modernization Services Market was Valued 6.33 billion USD in 2017 and this value predicted to reach USD 16.30 billion USD by 2022 growing at a significant CAGR of 18.9% during 2017 to 2022.

The report provides contemporary and futuristic trends of the Application Modernization Services Market along with the revenue, share, profits, product developments and other recent activities. It also focuses on the special features, applications and classification of the global markets that are helpful in understanding the changing dynamics. The costs involved in different segments of the product such as marketing costs, manufacturing costs and others are available in-detail to support the decision making of the investors in the respective industry.

It also emphasis on the regional analysis of the Global Application Modernization Services Market and its future scope in different corners of the world. In-depth analysis of distinct factors driving and restraining the Application Modernization Services Market along with the statistics to support the market research. It further offers the data about competitive landscape of the market along with the business and financial performance results. The marketing strategies, recent updates and SWOT analysis of the leading companies are also encapsulated in the report to extend the understanding about the Application Modernization Services Market.

Global Application Modernization Services Market Segmentation:

Global Application Modernization Services Market Analysis - By Service (Revenue, USD Million, 2017 - 2022):  

  • Application Portfolio Assessment 
  • Cloud Application Migration 
  • Application Replatforming 
  • Application Integration
  • UI Modernization
  • Post-Modernization

Global Application Modernization Services Market Analysis - By Organization Size (Revenue, USD Million, 2017 - 2022):

  • Small and Medium Enterprises
  • Large Enterprises

Global Application Modernization Services Market Analysis - By Vertical (Revenue, USD Million, 2017 - 2022):

  • Government and Defense

  • IT and Telecom
  • Healthcare
  • Retail and Consumer Goods
  • Healthcare and Life Sciences
  • Manufacturing

Global Application Modernization Services Market Analysis - By Region (Revenue, USD Million, 2017 - 2022):

  • Introduction
  • North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  • Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
  • Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

Some of the key companies profiled in the report are:

  • Accenture
  • Asysco 
  • ATOS
  • Bell Integrator
  • Capgemini
  • Cognizant
  • Fujitsu 
  • Macrosoft Inc
  • Micro Focus
  • Oracle
  • HCL 
  • IBM
  • Ust Global

Our report can help you to understand:

  1. The hidden growth possibilities of the Application Modernization Services Market and the future trajectory that can support the decision process and investments.
  2. Different components involved in the market, and segmentation of the market based on the type, applications and other relevant factors.
  3. Various growth drivers and restraints that are essential for understanding the current and upcoming trends in the Application Modernization Services Market.
  4. The geographical analysis of the market, which includes the share, revenue and growth of the market based on the political, economic and regional conditions of the world.
  5. Recent changes in the market including the adoption of technology, launch of new products, introduction of new government policies and regulations, and others.
  6. The competitive landscape of the Application Modernization Services Market influencing the production, demand and supply of the products and services in different parts of the world.

Table of Contents

1 Introduction

    1.1 Objectives of the Study 

    1.2 Market Definition 

    1.3 Market Scope 

    1.4 Years Considered 

    1.5 Currency Considered 

    1.6 Stakeholders

2 Research Methodology

    2.1 Research Data 

           2.1.1 Secondary Data

           2.1.2 Primary Data

                    2.1.2.1 Breakdown of Primaries

                    2.1.2.2 Key Industry Insights

    2.2 Market Size Estimation 

    2.3 Research Assumptions and Limitations 

           2.3.1 Assumptions

           2.3.2 Limitations

3 Executive Summary

4 Premium Insights

    4.1 Attractive Market Opportunities in the Application Modernization Services Market 

    4.2 Market Snapshot, By Region (2017 vs 2022) 

    4.3 Market By Service (2017 vs 2022) 

    4.4 Market By Vertical (2017 vs 2022) 

    4.5 Market Investment Scenario

5 Market Overview and Industry Trends

    5.1 Introduction 

    5.2 Use Cases 

    5.3 Market Dynamics 

           5.3.1 Drivers

                    5.3.1.1 Growing Need for Business Agility and Faster Time to Market

                    5.3.1.2 Benefits of Leveraging Big Data Technologies in the Connected Era

                    5.3.1.3 Cloud Computing A Major Component of Application Modernization Strategy

           5.3.2 Restraints

                    5.3.2.1 Large Investments Made on Legacy Systems Delaying the Application Modernization Plans

                    5.3.2.2 Increasing Shortage of Skilled Resources for Legacy Technologies

           5.3.3 Opportunities

                    5.3.3.1 Existence of Large Number of Legacy Applications Offering A Huge Revenue Opportunity

                    5.3.3.2 Open-Source Technology Paving the Way for Untapped Possibilities

           5.3.4 Challenges

                    5.3.4.1 Application Modernization A Time-Intensive Process

                    5.3.4.2 Architectural and Operational Complexities

                    5.3.4.3 Traditional Organizational Culture A Major Hurdle for the Initiation of the Modernization Process

6 Application Modernization Services Market Analysis, By Service

    6.1 Introduction 

    6.2 Application Portfolio Assessment 

    6.3 Cloud Application Migration 

    6.4 Application Replatforming 

    6.5 Application Integration 

    6.6 UI Modernization 

    6.7 Post-Modernization

7 Application Modernization Services Market Analysis, By Organization Size

    7.1 Introduction 

    7.2 Small and Medium-Sized Enterprises 

    7.3 Large Enterprises

8 Application Modernization Services Market Analysis, By Vertical

    8.1 Introduction 

    8.2 Banking, Financial Services, and Insurance 

    8.3 Healthcare 

    8.4 IT and Telecom 

    8.5 Retail 

    8.6 Government 

    8.7 Manufacturing 

    8.8 Others

9 Geographic Analysis

    9.1 Introduction 

    9.2 North America 

    9.3 Europe 

    9.4 Asia Pacific 

    9.5 Latin America 

    9.6 Middle East and Africa

10 Competitive Landscape

     10.1 Market Raking Analysis

11 Company Profiles

(Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*

     11.1 Accenture 

     11.2 Asysco 

     11.3 ATOS 

     11.4 Bell Integrator 

     11.5 Capgemini 

     11.6 Cognizant 

     11.7 Fujitsu 

     11.8 HCL 

     11.9 IBM 

     11.10 Macrosoft Inc. 

     11.11 Micro Focus 

     11.12 Oracle 

     11.13 Tech Mahindra 

     11.14 Ust Global

List of Tables (37 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2017

Table 2 Application Modernization Services Market: Use Cases

Table 3 Services: Market Size, By Type, 2015–2022 (USD Million)

Table 4 Application Portfolio Assessment Market Size, By Region, 2015–2022 (USD Million)

Table 5 Cloud Application Migration Market Size, By Region, 2015–2022 (USD Million)

Table 6 Application Replatforming Market Size, By Region, 2015–2022 (USD Million)

Table 7 Application Integration Market Size, By Region, 2015–2022 (USD Million)

Table 8 UI Modernization Market Size, By Region, 2015–2022 (USD Million)

Table 9 Post-Modernization Market Size, By Region, 2015–2022 (USD Million)

Table 10 Application Modernization Services Market Size, By Organization Size, 2015–2022 (USD Million)

Table 11 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)

Table 12 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)

Table 13 Application Modernization Services Market Size, By Vertical, 2015–2022 (USD Million)

Table 14 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)

Table 15 Healthcare: Market Size, By Region, 2015–2022 (USD Million)

Table 16 IT and Telecom: Market Size, By Region, 2015–2022 (USD Million)

Table 17 Retail: Market Size, By Region, 2015–2022 (USD Million)

Table 18 Government: Market Size, By Region, 2015–2022 (USD Million)

Table 19 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)

Table 20 Other Verticals Market Size, By Region, 2015–2022 (USD Million)

Table 21 Application Modernization Services Market Size, By Region, 2015–2022 (USD Million)

Table 22 North America: Market Size, By Service, 2015–2022 (USD Million)

Table 23 North America: Market Size, By Organization Size, 2015–2022 (USD Million)

Table 24 North America: Market Size, By Vertical, 2015–2022 (USD Million)

Table 25 Europe: Market Size, By Service, 2015–2022 (USD Million)

Table 26 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)

Table 27 Europe: Market Size, By Vertical, 2015–2022 (USD Million)

Table 28 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)

Table 29 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)

Table 30 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)

Table 31 Latin America: Market Size, By Service, 2015–2022 (USD Million)

Table 32 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)

Table 33 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)

Table 34 Middle East and Africa: Market Size, By Service 2015–2022 (USD Million)

Table 35 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)

Table 36 Middle East and Africa: Application Modernization Services Market Size, By Vertical, 2015–2022 (USD Million)

List of Figures (32 Figures)

Figure 1 Application Modernization Services Market Segmentation

Figure 2 Market Research Design

Figure 3 Breakdown of Primaries: By Company, Designation, and Region

Figure 4 Data Triangulation

Figure 5 Market Size Estimation Methodology: Bottom-Up Approach

Figure 6 Market Size Estimation Methodology: Top-Down Approach

Figure 7 Application Modernization Services Market: Assumptions

Figure 8 Market Growth During the Forecast Period

Figure 9 Top 3 Leading Segments of the Application Modernization Services Market in 2017

Figure 10 Growing Need for Business Agility and Availability of Cloud Technology are Driving the Market Toward Growth

Figure 11 Asia Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period

Figure 12 Application Replatforming Service Segment is Expected to Hold the Largest Market Share in 2022

Figure 13 Banking, Financial Services, and Insurance Vertical Would Dominate the Overall Market Share During the Forecast Period

Figure 14 Market Investment Scenario

Figure 15 Application Modernization Services Market: Drivers, Restraints, Opportunities, and Challenges

Figure 16 Application Replatforming Segment is Expected to Hold the Largest Market Size in the Application Modernization Services Market During the Forecast Period

Figure 17 Large Enterprises Segment is Expected to Have the Larger Market Size During the Forecast Period

Figure 18 Banking, Financial Services, and Insurance Vertical is Expected to Have the Largest Market Size During the Forecast Period

Figure 19 North America is Expected to Have the Largest Market Size for the Application Modernization Services Market During the Forecast Period

Figure 20 Regional Snapshot: Asia Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period

Figure 21 North America: Market Snapshot

Figure 22 Asia Pacific: Market Snapshot

Figure 23 Accenture: Company Snapshot

Figure 24 ATOS: Company Snapshot

Figure 25 Capgemini: Company Snapshot

Figure 26 Cognizant: Company Snapshot

Figure 27 Fujitsu: Company Snapshot

Figure 28 HCL: Company Snapshot

Figure 29 IBM: Company Snapshot

Figure 30 Micro Focus: Company Snapshot

Figure 31 Oracle: Company Snapshot

Figure 32 Tech Mahindra: Company Snapshot

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