Application Transformation Market, Global Outlook and Forecast 2023-2032
Application transformation is an umbrella term that encompasses everything from reducing the number of applications within an enterprise to moving applications to the cloud to ensuring that apps meet updated compliance and governance requirements. The transformation process often involves the establishment of an application portfolio and management program.
This report aims to provide a comprehensive presentation of the global market for Application Transformation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Application Transformation. This report contains market size and forecasts of Application Transformation in global, including the following market information:
Global Application Transformation Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Application Transformation market was valued at US$ 10190 million in 2022 and is projected to reach US$ 16950 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Evolving customer needs are forcing companies to innovate quickly. However, most developers in the world are still using old tools to handle legacy applications on obsolete platforms. Wanting to migrate to the cloud is often hampered by a combination of complex applications that are tightly coupled and missing documents. Moreover, companies are filled with manual, cumbersome processes designed to minimize risk and maintain compliance, which is the most important impediment. As a result, software can't be released frequently, and publishing is extremely time consuming.
We surveyed the Application Transformation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Application Transformation Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Application Transformation Market Segment Percentages, by Type, 2022 (%)
Cloud Application Migration
Application Replatforming
Application Integration
Global Application Transformation Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Application Transformation Market Segment Percentages, by Application, 2022 (%)
Retail
IT & Telecom
Government
Healthcare
Manufacturing
Global Application Transformation Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Application Transformation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Application Transformation revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Application Transformation revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Atos
Tech Mahindra
Fujitsu
HCL
Cognizant
Pivotal Software
Accenture
IBM
TCS
Asysco
Unisys
Hexaware
Oracle
Micro Focus
Bell Integrator
Macrosoft
Outline of Major Chapters:
Chapter 1: Introduces the definition of Application Transformation, market overview.
Chapter 2: Global Application Transformation market size in revenue.
Chapter 3: Detailed analysis of Application Transformation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Application Transformation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.