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Application Management Services Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5767564
The application management services market size has grown rapidly in recent years. It will grow from $31.62 billion in 2023 to $36.9 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. Historical growth can be attributed to various factors including the modernization of legacy systems, efforts to optimize costs, concentration on core competencies, increasing demands for scalability, and the improvement of performance and reliability.

The application management services market size is expected to see rapid growth in the next few years. It will grow to $73.6 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. Forecasted growth is fueled by user experience focus, cybersecurity integration, and adoption of DevOps and agile practices. Key trends include rapid technological changes, outcome-based models, cloud-native application management, application modernization services, and automation with intelligent operations.

The burgeoning demand for mobile apps is anticipated to significantly drive the expansion of the application management services market. Mobile apps, specifically designed for utilization on handheld devices such as smartphones and tablets, form a critical segment of software applications. Application management services play a pivotal role in overseeing and regulating access to both internally developed and commercially available mobile apps employed within business environments. For instance, as per 'Business of Apps,' a UK-based B2B media and information platform, the year 2021 marked a milestone with app downloads surpassing 100 billion for the first time, with projections indicating a staggering increase to 200 billion by 2025. This escalating demand for mobile apps stands as a prime catalyst fueling the growth of the application management services market.

The escalating landscape of cyber threats is poised to drive notable growth within the application management services market. These threats encompass a broad array of malicious activities aimed at compromising computer systems, networks, and sensitive data within the digital realm. Providers of application management services play a pivotal role in implementing and maintaining robust security measures, ensuring the fortification of systems, and compliance with industry regulations. For instance, as per CompTIA, a US-based vendor-neutral IT certifications provider, phishing attacks surged by a striking 48% in the initial six months of 2022, resulting in 11,395 reported incidents. These incidents incurred a cumulative financial impact of $12.3 million on businesses, underscoring the urgent need for stringent cybersecurity measures. Consequently, the proliferation of cyber threats serves as a significant driver fueling the growth of the application management services market.

Collaborative initiatives and strategic partnerships have emerged as a prominent trend within the application management services market. Major industry players are actively engaging in partnerships and collaborations to fortify their positions within the market landscape. For instance, in May 2021, CapTech Consulting, a US-based IT services and consulting company, forged a partnership with Workday, a software development company, to provide Workday Application Management Services. This collaboration facilitates the integration of advanced technologies, harnessing data insights, and implementing change management strategies. Leveraging the capabilities of Workday Financial Management and Workday Human Capital Management, the Workday AMS empowers Captech to deliver ongoing functional, technical, and administrative support to clients within their production environments, particularly in Human Capital Management (HCM).

Prominent players within the application management services market are dedicatedly pioneering innovative solutions, notably focusing on the development of comprehensive application management (CAM). This holistic approach entails overseeing the complete lifecycle of an application, spanning from its initial conception and development to deployment, ongoing maintenance, and eventual retirement. For example, in October 2023, Envista Holdings Corporation, a US-based enterprise consulting firm specializing in supply chain solutions, unveiled 'The Microsoft Application Management Services.' This offering is designed to provide clients with a comprehensive suite of application management services, encompassing ongoing monitoring, health assessments, and 24/7 service desk support. By leveraging this application management service, clients can sidestep the challenges of independently managing upgrades, ensuring seamless operations.

In September 2023, Recast Software, a prominent US-based provider of endpoint management services, completed the acquisition of Liquit for an undisclosed sum. This strategic acquisition equips Recast Software with an extensive application delivery platform, significantly bolstering the company's foothold in both endpoint and application management sectors. By integrating Liquit's expertise into its offerings, Recast Software aims to broaden its product range, extend its geographic reach, enhance customer service, and drive innovation within its operations. Liquit, a Netherlands-based company renowned for its specialization in application management services, further solidifies Recast Software's capabilities in this domain.

Major companies operating in the application management services market report are Accenture PLC, International Business Machines Corporation, Fujitsu Limited, Tata Consultancy Services Limited, Capgemini SE, NTT DATA Corporation, Larsen & Toubro Infotech Limited, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, Atos SE, Wipro Limited, Tech Mahindra Limited, EPAM Systems Inc., TietoEVRY Corporation, Unisys Corporation, Virtusa Corporation, Hexaware Technologies Limited, Perficient Inc., Persistent Systems Limited, Sonata Software Limited, Zensar Technologies Limited, Hinduja Global Solutions Limited, Mphasis Limited, NIIT Technologies Limited, Datamatics Global Services Limited, HCL Technologies Limited, Happiest Minds Technologies Limited, Mindtree Limited, Consultants to Government and Industry Incorporated, YASH Technologies Inc., Mindfire Solutions LLC, Birlasoft Limited, Microland Limited, Mastek Limited, Ness Digital Engineering Limited, Trigent Software Inc.

North America was the largest region in the application management services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application management services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the application management services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Application management services encompass a range of service types crucial in the realm of enterprise application management. These services include application portfolio assessment, application security, application modernization, web and mobile solutions, cloud application migration, among others. Application portfolio assessment involves employing analytics to scan and evaluate applications comprehensively. These services cater to diverse deployment types, encompassing on-premise and cloud-based solutions. They are utilized by organizations across various scales, including small and medium-sized enterprises along with large enterprises, spanning across multiple industry verticals such as telecom & IT, BFSI, healthcare, retail & eCommerce, government & defense, manufacturing, and other sectors.

The application management services market research report is one of a series of new reports that provides application management services market statistics, including application management services industry global market size, regional shares, competitors with an application management services market share, detailed application management services market segments, market trends and opportunities, and any further data you may need to thrive in the application management services industry. This application management services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The application management services market consists of revenues earned by entities by providing custom management systems, software, and business intelligence. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Application Management Services Market Characteristics3. Application Management Services Market Trends and Strategies
4. Application Management Services Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Application Management Services Market Size and Growth
5.1. Global Application Management Services Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Application Management Services Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Application Management Services Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Application Management Services Market Segmentation
6.1. Global Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Application Portfolio Assessment
  • Application Security
  • Application Modernization
  • Web and Mobile
  • Cloud Application Migration
  • Other Service Type
6.2. Global Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • on Premise
  • Cloud
6.3. Global Application Management Services Market, Segmentation by Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Small and Medium Enterprises
  • Large Enterprises
6.4. Global Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Telecom and Information Technology (IT)
  • Banking, Financial Services and Insurance (BFSI)
  • Healthcare
  • Retail and eCommerce
  • Government and Defense
  • Manufacturing
  • Other Industry Vertical
7. Application Management Services Market Regional and Country Analysis
7.1. Global Application Management Services Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Application Management Services Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Application Management Services Market
8.1. Asia-Pacific Application Management Services Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Application Management Services Market
9.1. China Application Management Services Market Overview
9.2. China Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Application Management Services Market
10.1. India Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Application Management Services Market
11.1. Japan Application Management Services Market Overview
11.2. Japan Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Application Management Services Market
12.1. Australia Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Application Management Services Market
13.1. Indonesia Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Application Management Services Market
14.1. South Korea Application Management Services Market Overview
14.2. South Korea Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Application Management Services Market
15.1. Western Europe Application Management Services Market Overview
15.2. Western Europe Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Application Management Services Market
16.1. UK Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Application Management Services Market
17.1. Germany Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Application Management Services Market
18.1. France Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Application Management Services Market
19.1. Italy Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Application Management Services Market
20.1. Spain Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Application Management Services Market
21.1. Eastern Europe Application Management Services Market Overview
21.2. Eastern Europe Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Application Management Services Market
22.1. Russia Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Application Management Services Market
23.1. North America Application Management Services Market Overview
23.2. North America Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Application Management Services Market
24.1. USA Application Management Services Market Overview
24.2. USA Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Application Management Services Market
25.1. Canada Application Management Services Market Overview
25.2. Canada Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Application Management Services Market
26.1. South America Application Management Services Market Overview
26.2. South America Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Application Management Services Market
27.1. Brazil Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Application Management Services Market
28.1. Middle East Application Management Services Market Overview
28.2. Middle East Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Application Management Services Market
29.1. Africa Application Management Services Market Overview
29.2. Africa Application Management Services Market, Segmentation by Services Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Application Management Services Market, Segmentation by Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Application Management Services Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Application Management Services Market Competitive Landscape and Company Profiles
30.1. Application Management Services Market Competitive Landscape
30.2. Application Management Services Market Company Profiles
30.2.1. Accenture plc
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. International Business Machines Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Fujitsu Limited
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Tata Consultancy Services Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Capgemini SE
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Application Management Services Market Other Major and Innovative Companies
31.1. NTT DATA Corporation
31.2. Larsen & Toubro Infotech Limited
31.3. Cognizant Technology Solutions Corporation
31.4. Infosys Limited
31.5. DXC Technology Company
31.6. Atos SE
31.7. Wipro Limited
31.8. Tech Mahindra Limited
31.9. EPAM Systems Inc.
31.10. TietoEVRY Corporation
31.11. Unisys Corporation
31.12. Virtusa Corporation
31.13. Hexaware Technologies Limited
31.14. Perficient Inc.
31.15. Persistent Systems Limited
32. Global Application Management Services Market Competitive Benchmarking33. Global Application Management Services Market Competitive Dashboard34. Key Mergers and Acquisitions in the Application Management Services Market
35. Application Management Services Market Future Outlook and Potential Analysis
35.1 Application Management Services Market in 2028 - Countries Offering Most New Opportunities
35.2 Application Management Services Market in 2028 - Segments Offering Most New Opportunities
35.3 Application Management Services Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Application Management Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on application management services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for application management services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Services Type: Application Portfolio Assessment; Application Security; Application Modernization; Web and Mobile; Cloud Application Migration; Other Service Type
2) By Deployment Type: On Premise; Cloud
3) By Organization Size: Small and Medium Enterprises; Large Enterprises
4) By Industry Vertical: Telecom and Information Technology (IT); Banking, Financial Services and Insurance (BFSI); Healthcare; Retail and eCommerce; Government and Defense; Manufacturing; Other Industry Vertical

Key Companies Mentioned: Accenture plc; International Business Machines Corporation; Fujitsu Limited; Tata Consultancy Services Limited; Capgemini SE

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Accenture plc
  • International Business Machines Corporation
  • Fujitsu Limited
  • Tata Consultancy Services Limited
  • Capgemini SE
  • NTT DATA Corporation
  • Larsen & Toubro Infotech Limited
  • Cognizant Technology Solutions Corporation
  • Infosys Limited
  • DXC Technology Company
  • Atos SE
  • Wipro Limited
  • Tech Mahindra Limited
  • EPAM Systems Inc.
  • TietoEVRY Corporation
  • Unisys Corporation
  • Virtusa Corporation
  • Hexaware Technologies Limited
  • Perficient Inc.
  • Persistent Systems Limited
  • Sonata Software Limited
  • Zensar Technologies Limited
  • Hinduja Global Solutions Limited
  • Mphasis Limited
  • NIIT Technologies Limited
  • Datamatics Global Services Limited
  • HCL Technologies Limited
  • Happiest Minds Technologies Limited
  • Mindtree Limited
  • Consultants to Government and Industry Incorporated
  • YASH Technologies Inc.
  • Mindfire Solutions LLC
  • Birlasoft Limited
  • Microland Limited
  • Mastek Limited
  • Ness Digital Engineering Limited
  • Trigent Software Inc.

Methodology

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Table Information