Application Management Services Market to Worth US$ 27.50 Billion By 2023

New York, August 13, 2018: The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include such as Cognizant (US), Atos (France), Accenture (Republic of Ireland), Capgemini (France), Fujitsu (Japan),HCL (India), DXC (US), IBM (US), Tech Mahindra (India) and Wipro (India). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The scope of the report includes a detailed study of global and regional markets on Application Management Services Market with the reasons given for variations in the growth of the industry in certain regions.

The Global Application Management Services Market is expected to exceed more than US$ 27.50 Billion by 2023 at a CAGR of 21% in the given forecast period.

A more associated commercial center has made overseeing business more confused. Huge measures of information now accessible to the business are both an issue to deliver and a chance to seek. Application Management Services means which assigns the administrations of big business application management contributed by different associations to organizations that need to outsource their venture application administration processes. The associations that take up the application administration undertaking have their IT expertise and have the mastery of comparative application administration for different organizations working in a similar area of business.

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The Global Application Management Services Market has been segmented as below:

The Global Application Management Services Market is Segmented on the lines of Organization Size Analysis, Service Analysis, Vertical Analysis and Regional Analysis. By Organization Size Analysis this market is segmented on the basis of Small and Medium-Sized Enterprises and Large Enterprises. By Service Analysis this market is segmented on the basis of Application Security, Application Integration, Application Portfolio Assessment, Web Application Security, Mobile Application Security, Application Modernization, Cloud Application Migration, Application Replatforming, UI Modernization, Application Managed Services and Application Maintenance and Support.

By Vertical Analysis this market is segmented on the basis of Government, Retail and eCommerce, Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Manufacturing, Healthcare and Lifesciences, Energy and Utilities and Others (Travel and Hospitality,Education, and Transport and Logistics,Media and Entertainment). By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

The restraining factors of Global Application Management Services Market are as follows:

  • Imbalance or high expenses in the application security budget will offset the IT application budget
  • Application management is a time vicious process
  • Organizations are mostly concerned of application data security
  • Lot of complications in operational and Architectural implementation

The major driving factors of Global Application Management Services Market are as follows:

  • Major Component of the Application Management Strategy is cloud computing
  • Proliferation of Mobile Apps Demand Robust Mobile App Management Services and Emergence of Byod.
  • Unexplored possibilities can be paved by open sourced technology
  • Presence of large number of traditional applications which offer huge profit opportunities
  • Time-To-Market is accelerated due to Increasing Need for Business Agility

This report provides:

1) An overview of the global market for Application Management Services Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for Application Management Services Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

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Table of Contents:

1 Introduction
2 Market Research Tactics
3 Market Summary

4 Quality Market Insights
5 Application Management Services Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Need for Business Agility and Accelerated Time-To-Market
5.2.1.2 Cloud Computing, A Major Component of the Application Management Strategy
5.2.1.3 Emergence of Byod and Proliferation of Mobile Apps Demand Robust Mobile App Management Services
5.2.2 Restraints
5.2.2.1 Application Data Security is A Major Concern for Enterprises
5.2.3 Opportunities
5.2.3.1 Existence of A Large Number of Legacy Applications, Offering Huge Revenue Opportunities
5.2.3.2 Open-Source Technology Would Pave the Way for Untapped Possibilities
5.2.4 Challenges
5.2.4.1 Application Management, A Time-Intensive Process
5.2.4.2 Architectural and Operational Complexities
5.2.4.3 High Investments in Application Security Offset the IT Applications Budget
6 Regulatory Market Synopsis
7 Application Management Services Market, By Service
8 Application Management Services Market, By Organization Size
9 Application Management Services Market, By Vertical

10 Application Management Services Market, By Geographic Region
11 Competitive Landscape
12 Company Profiles
(Company Overview, Product Portfolio, Financial Overview, Key Devolopements)*
12.1 Accenture
12.2 ATOS
12.3 Capgemini
12.4 Cognizant
12.5 Fujitsu
12.6 DXC
12.7 HCL
12.8 IBM
12.9 Tech Mahindra
12.10 Wipro

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Country: United States

Website: https://www.marketresearchengine.com/

 

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