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PUBLISHER: Grand View Research | PRODUCT CODE: 1114042
PUBLISHER: Grand View Research | PRODUCT CODE: 1114042
Application Transformation Market Size, Share & Trends Analysis Report By Type (Application Integration, UI Modernization), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End-use, By Region, And Segment Forecasts, 2022 - 2030
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Application Transformation Market Growth & Trends:
The global application transformation market size is expected to reach USD 30.5 billion by 2030, according to a new study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.7% from 2022 to 2030. Growing digitalization initiatives among industries, rising penetration of cloud computing technology, and increasing demand for scalability are aiding the growth of the market. Moreover, the constant need to keep the applications updated with upcoming technologies and improve the Return on Investment (ROI) will also increase the utility of application transformation services in coming years. The use of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) is also anticipated to complement the demand for application transformation to augment the organizational growth across industries.
Application transformation helps enterprises to reduce the number of applications within an enterprise and move applications to the cloud so as to meet government regulations and update compliance. Moreover, application transformation solutions aid IT departments to address the social media usage in enterprises and growing use of mobile computing. By modernizing their applications, enterprises' aim to reduce number of applications, restructure the legacy applications, or move them to cloud infrastructure. Application transformation solutions has help enterprises to optimize data, accelerate innovation, and deliver better customer experience. The increasing competition in the digitized world and the ever changing political, legal, and regulatory environment has led numerous organizations to employ the application transformation services to enhance their business operations.
Top vendors in the market such as International Business Machines Corporation, Microsoft Corporation, Trianz and Accenture Plc., are instrumental in helping clients to plan their transformation journey with in-house services capabilities, application portability and flexible pricing options. Moreover, the evolving technologies will aid in automating the operational and managerial processes, seamless integration capabilities, and improve overall customer experience.However, high implementation and management costs are some of the challenges that might impede the growth of the market over the forecast period. Besides, recent outbreak of COVID-19 disease across the world is likely to slow down the growth rate of the market temporarily.
Application Transformation Market Report Highlights:
- The UI modernization segment is predicted to witness the highest CAGR over the forecast period owing to increasing need to improve customer experience, scalability and reliability, better security, and fast data accessibility
- The growing implementation of application transformation solutions among SMEs in developing regions such as South Asia, Latin America, and other ASEAN regions is likely to boost market growth over the forecast period
- The healthcare end-use segment is expected to witness the highest rate over the forecast period owing to accelerating adoption of digital technologies in the sector. Moreover, AI-enabled medical device, blockchain electronic health records, and telemedicine are some of the technological innovations wherein use of enterprise applications and cloud deployments is likely to boost the utilization of application transformation products and solutions
- Asia Pacific is expected to emerge as the fastest-growing region in the market owing to the increasing focus of SMEs and large enterprise to enhance their digital initiatives. The presence of major cloud enterprises such as IBM with their establishment of cloud computing hubs in India, China, Vietnam, and South Korea, is likely to boost the market in the region
Product Code: GVR-4-68038-882-4
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Application Transformation Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
- 2.2 Global Application Transformation Market, 2017 - 2030
- 2.2.1 Global application transformation market, by region, 2017 - 2030
- 2.2.2 Global application transformation market, by type, 2017 - 2030
- 2.2.3 Global application transformation market, by enterprise size, 2017 - 2030
- 2.2.4 Global application transformation market, by end-use, 2017 - 2030
Chapter 3 Application Transformation Industry Outlook
- 3.1 Market Segmentation & Scope
- 3.2 Market Size and Growth Prospects
- 3.3 Application Transformation Market - Value Chain Analysis
- 3.3.1 Vendor landscape
- 3.4 Application Transformation - Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.1.1 Increased resource, user mobility and ongoing migration of applications over the cloud
- 3.4.1.2 Increasing adoption of technolgies such as artificial intelligence, machine learning, 5G, and IoT
- 3.4.2 Market challenge analysis
- 3.4.2.1 Data security and data privacy
- 3.4.1 Market driver analysis
- 3.5 Penetration and Growth Prospect Mapping
- 3.6 Application Transformation Market - Porter's Five Forces Analysis
- 3.7 Application Transformation Market - PESTEL Analysis
- 3.8 COVID19 Impact on the Application Transformation Market
Chapter 4 Application Transformation Type Outlook
- 4.1 Application Transformation Market Share by Type, 2021 & 2030
- 4.2 Application Integration
- 4.2.1 Application transformation market by application integration, 2017 - 2030
- 4.3 Cloud Application Migration
- 4.3.1 Application transformation market by cloud application migration, 2017 - 2030
- 4.4 Application Portfolio Assessment
- 4.4.1 Application transformation market by application portfolio assessment, 2017 - 2030
- 4.5 Application Replatforming
- 4.5.1 Application transformation market by application replatforming, 2017 - 2030
- 4.6 UI Modernization
- 4.6.1 Application transformation market by UI modernization, 2017 - 2030
- 4.7 Other
- 4.7.1 Application transformation market by other types, 2017 - 2030
Chapter 5 Application Transformation Enterprise Size Outlook
- 5.1 Application Transformation Market Share by Enterprise Size, 2021 & 2030
- 5.2 Large Enterprises
- 5.2.1 Application transformation market in large enterprises, 2017 - 2030
- 5.3 Small & Medium Enterprises
- 5.3.1 Application transformation market in small & medium enterprises, 2017 - 2030
Chapter 6 Application Transformation End-use Outlook
- 6.1 Application Transformation Market Share by End-use, 2021 & 2030
- 6.2 BFSI
- 6.2.1 Application transformation market in BFSI, 2017 - 2030, 2017 - 2030
- 6.3 Retail
- 6.3.1 Application transformation market in retail, 2017 - 2030
- 6.4 Healthcare
- 6.4.1 Application transformation market in healthcare, 2017 - 2030
- 6.5 IT & Telecom
- 6.5.1 Application transformation market in IT & telecom, 2017 - 2030
- 6.6 Government
- 6.6.1 Application transformation market in government, 2017 - 2030
- 6.7 Manufacturing
- 6.7.1 Application transformation market in manufacturing, 2017 - 2030
- 6.8 Others
- 6.8.1 Application transformation market in other end-use, 2017 - 2030
Chapter 7 Application Transformation Regional Outlook
- 7.1 Application Transformation Market Share by Region, 2021 & 2030
- 7.2 North America
- 7.2.1 North America application transformation market, 2017 - 2030
- 7.2.2 North America application transformation market, by type, 2017 - 2030
- 7.2.3 North America application transformation market, by enterprise size, 2017 - 2030
- 7.2.4 North America application transformation market, by end-use, 2017 - 2030
- 7.2.5 U.S.
- 7.2.5.1 U.S. application transformation market, 2017 - 2030
- 7.2.5.2 U.S. application transformation market, by type, 2017 - 2030
- 7.2.5.3 U.S. application transformation market, by enterprise size, 2017 - 2030
- 7.2.5.4 U.S. application transformation market, by end-use, 2017 - 2030
- 7.2.6 Canada
- 7.2.6.1 Canada application transformation market, 2017 - 2030
- 7.2.6.2 Canada application transformation market, by type, 2017 - 2030
- 7.2.6.3 Canada application transformation market, by enterprise size, 2017 - 2030
- 7.2.6.4 Canada application transformation market, by end-use, 2017 - 2030
- 7.3 Europe
- 7.3.1 Europe application transformation market, 2017 - 2030
- 7.3.2 Europe application transformation market, by type, 2017 - 2030
- 7.3.3 Europe application transformation market, by enterprise size, 2017 - 2030
- 7.3.4 Europe application transformation market, by end-use, 2017 - 2030
- 7.3.5 U.K.
- 7.3.5.1 U.K. application transformation market, 2017 - 2030
- 7.3.5.2 U.K. application transformation market, by type, 2017 - 2030
- 7.3.5.3 U.K. application transformation market, by enterprise size, 2017 - 2030
- 7.3.5.4 U.K. application transformation market, by end-use, 2017 - 2030
- 7.3.6 Germany
- 7.3.6.1 Germany application transformation market, 2017 - 2030
- 7.3.6.2 Germany application transformation market, by type, 2017 - 2030
- 7.3.6.3 Germany application transformation market, by enterprise size, 2017 - 2030
- 7.3.6.4 Germany application transformation market, by end-use, 2017 - 2030
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific application transformation market, 2017 - 2030
- 7.4.2 Asia Pacific application transformation market, by type, 2017 - 2030
- 7.4.3 Asia Pacific application transformation market, by enterprise size, 2017 - 2030
- 7.4.4 Asia Pacific application transformation market, by end-use, 2017 - 2030
- 7.4.5 China
- 7.4.5.1 China application transformation market, 2017 - 2030
- 7.4.5.2 China application transformation market, by type, 2017 - 2030
- 7.4.5.3 China application transformation market, by enterprise size, 2017 - 2030
- 7.4.5.4 China application transformation market, by end-use, 2017 - 2030
- 7.4.6 Japan
- 7.4.6.1 Japan application transformation market, 2017 - 2030
- 7.4.6.2 Japan application transformation market, by type, 2017 - 2030
- 7.4.6.3 Japan application transformation market, by enterprise size, 2017 - 2030
- 7.4.6.4 Japan application transformation market, by end-use, 2017 - 2030
- 7.4.7 India
- 7.4.7.1 India application transformation market, 2017 - 2030
- 7.4.7.2 India application transformation market, by type, 2017 - 2030
- 7.4.7.3 India application transformation market, by enterprise size, 2017 - 2030
- 7.4.7.4 India application transformation market, by end-use, 2017 - 2030
- 7.5 Latin America
- 7.5.1 Latin America application transformation market, 2017 - 2030
- 7.5.2 Latin America application transformation market, by type, 2017 - 2030
- 7.5.3 Latin America application transformation market, by enterprise size, 2017 - 2030
- 7.5.4 Latin America application transformation market, by end-use, 2017 - 2030
- 7.5.5 Brazil
- 7.5.5.1 Brazil application transformation market, 2017 - 2030
- 7.5.5.2 Brazil application transformation market, by type, 2017 - 2030
- 7.5.5.3 Brazil application transformation market, by enterprise size, 2017 - 2030
- 7.5.5.4 Brazil application transformation market, by end-use, 2017 - 2030
- 7.5.6 Mexico
- 7.5.6.1 Mexico application transformation market, 2017 - 2030
- 7.5.6.2 Mexico application transformation market, by type, 2017 - 2030
- 7.5.6.3 Mexico application transformation market, by enterprise size, 2017 - 2030
- 7.5.6.4 Mexico application transformation market, by end-use, 2017 - 2030
- 7.6 MEA
- 7.6.1 MEA application transformation market, 2017 - 2030
- 7.6.2 MEA application transformation market, by type, 2017 - 2030
- 7.6.3 MEA application transformation market, by enterprise size, 2017 - 2030
- 7.6.4 MEA application transformation market, by end-use, 2017 - 2030
Chapter 8 Competitive Analysis
- 8.1 Recent Developments and Impact Analysis, by Key Market Participants
- 8.2 Company/Competition Categorization
- 8.3 Vendor Landscape
- 8.3.1 Key Company Ranking Analysis, 2021
Chapter 9 Competitive Landscape
- 9.1 Accenture PLC.
- 9.1.1 Company overview
- 9.1.2 Financial performance
- 9.1.3 Product benchmarking
- 9.1.4 Strategic initiatives
- 9.2 Atos SA.
- 9.2.1 Company overview
- 9.2.2 Financial performance
- 9.2.3 Product benchmarking
- 9.2.4 Strategic initiatives
- 9.3 Bell Integrator.
- 9.3.1 Company overview
- 9.3.2 Financial performance
- 9.3.3 Product benchmarking
- 9.3.4 Strategic initiatives
- 9.4 Capgemini SE.
- 9.4.1 Company overview
- 9.4.2 Financial performance
- 9.4.3 Product benchmarking
- 9.4.4 Strategic initiatives
- 9.5 Cognizant.
- 9.5.1 Company overview
- 9.5.2 Financial performance
- 9.5.3 Product benchmarking
- 9.5.4 Strategic initiatives
- 9.6 Fujitsu Ltd
- 9.6.1 Company overview
- 9.6.2 Financial performance
- 9.6.3 Product benchmarking
- 9.6.4 Strategic initiatives
- 9.7 Oracle Corporation
- 9.7.1 Company overview
- 9.7.2 Financial performance
- 9.7.3 Product benchmarking
- 9.7.4 Strategic initiatives
- 9.8 HCL Technologies Ltd.
- 9.8.1 Company overview
- 9.8.2 Financial performance
- 9.8.3 Product benchmarking
- 9.8.4 Strategic initiatives
- 9.9 International Business Machines Corporation
- 9.9.1 Company overview
- 9.9.2 Financial performance
- 9.9.3 Product benchmarking
- 9.9.4 Strategic initiatives
- 9.10 Infosys Limited
- 9.10.1 Company overview
- 9.10.2 Financial performance
- 9.10.3 Product benchmarking
- 9.10.4 Strategic initiatives
- 9.11 Microsoft Corporation
- 9.11.1 Company overview
- 9.11.2 Financial performance
- 9.11.3 Product benchmarking
- 9.11.4 Strategic initiatives
- 9.12 Micro Focus International PLC
- 9.12.1 Company overview
- 9.12.2 Financial performance
- 9.12.3 Product benchmarking
- 9.12.4 Strategic initiatives
- 9.13 Oracle Corporation
- 9.13.1 Company overview
- 9.13.2 Financial performance
- 9.13.3 Product benchmarking
- 9.13.4 Strategic initiatives
- 9.14 Trianz
- 9.14.1 Company overview
- 9.14.2 Financial performance
- 9.14.3 Product benchmarking
- 9.14.4 Strategic initiatives
Product Code: GVR-4-68038-882-4
List of Tables
- TABLE 1 Application transformation market - Industry snapshot & key buying criteria, 2017 - 2030
- TABLE 2 Global application transformation market, 2017 - 2030 (USD Million)
- TABLE 3 Global application transformation market by region, 2017 - 2030 (USD Million)
- TABLE 4 Global application transformation market by type, 2017 - 2030 (USD Million)
- TABLE 5 Global application transformation market by enterprise size, 2017 - 2030 (USD Million)
- TABLE 6 Global application transformation market by end-use, 2017 - 2030 (USD Million)
- TABLE 7 Application transformation market - Vendor Landscape
- TABLE 8 Application transformation market - Key market driver impact
- TABLE 9 Application transformation market - Key market challenge impact
- TABLE 10 Application transformation market - Key market opportunity impact
- TABLE 11 Application transformation market by application integration, 2017 - 2030
- TABLE 12 Application transformation market by application integration, by region, 2017 - 2030
- TABLE 13 Application transformation market by cloud application migration, 2017 - 2030
- TABLE 14 Application transformation market by cloud application migration, by region, 2017 - 2030
- TABLE 15 Application transformation market by application portfolio assessment, 2017 - 2030
- TABLE 16 Application transformation market by application portfolio assessment, by region, 2017 - 2030
- TABLE 17 Application transformation market by application replatforming, 2017 - 2030
- TABLE 18 Application transformation market by application replatforming, by region, 2017 - 2030
- TABLE 19 Application transformation market by UI modernization, 2017 - 2030
- TABLE 20 Application transformation market by UI modernization, by region, 2017 - 2030
- TABLE 21 Application transformation market by other types, 2017 - 2030
- TABLE 22 Application transformation market by other types, by region, 2017 - 2030
- TABLE 23 Application transformation market in large enterprise, 2017 - 2030
- TABLE 24 Application transformation market in large enterprise, by region, 2017 - 2030
- TABLE 25 Application transformation market in small & medium enterprise 2017 - 2030
- TABLE 26 Application transformation market in small & medium enterprise, by region, 2017 - 2030
- TABLE 27 Application transformation market in BFSI, 2017 - 2030
- TABLE 28 Application transformation market in BFSI, by region, 2017 - 2030
- TABLE 29 Application transformation market in retail, 2017 - 2030
- TABLE 30 Application transformation market in retail, by region, 2017 - 2030
- TABLE 31 Application transformation market in healthcare, 2017 - 2030
- TABLE 32 Application transformation market in healthcare, by region, 2017 - 2030
- TABLE 33 Application transformation market in IT & telecom, 2017 - 2030
- TABLE 34 Application transformation market in IT & telecom, by region, 2017 - 2030
- TABLE 35 Application transformation market in government, 2017 - 2030
- TABLE 36 Application transformation market in government, by region, 2017 - 2030
- TABLE 37 Application transformation market in manufacturing, 2017 - 2030
- TABLE 38 Application transformation market in manufacturing, by region, 2017 - 2030
- TABLE 39 Application transformation market in other end-use, 2017 - 2030
- TABLE 40 Application transformation market in other end-use, by region, 2017 - 2030
- TABLE 41 North America application transformation market, 2017 - 2030 (USD Million)
- TABLE 42 North America application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 43 North America application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 44 North America application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 45 U.S. application transformation market, 2017 - 2030 (USD Million)
- TABLE 46 U.S. application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 47 U.S. application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 48 U.S. application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 49 Canada application transformation market, 2017 - 2030 (USD Million)
- TABLE 50 Canada application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 51 Canada application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 52 Canada application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 53 Europe application transformation market, 2017 - 2030 (USD Million)
- TABLE 54 Europe application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 55 Europe application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 56 Europe application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 57 U.K. application transformation market, 2017 - 2030 (USD Million)
- TABLE 58 U.K. application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 59 U.K. application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 60 U.K. application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 61 Germany application transformation market, 2017 - 2030 (USD Million)
- TABLE 62 Germany application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 63 Germany application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 64 Germany application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 65 Asia Pacific application transformation market, 2017 - 2030 (USD Million)
- TABLE 66 Asia Pacific application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 67 Asia Pacific application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 68 Asia Pacific application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 69 China application transformation market, 2017 - 2030 (USD Million)
- TABLE 70 China application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 71 China application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 72 China application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 73 India application transformation market, 2017 - 2030 (USD Million)
- TABLE 74 India application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 75 India application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 76 India application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 77 Japan application transformation market, 2017 - 2030 (USD Million)
- TABLE 78 Japan application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 79 Japan application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 80 Japan application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 81 Latin America application transformation market, 2017 - 2030 (USD Million)
- TABLE 82 Latin America application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 83 Latin America application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 84 Latin America application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 85 Brazil application transformation market, 2017 - 2030 (USD Million)
- TABLE 86 Brazil application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 87 Brazil application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 88 Brazil application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 89 Mexico application transformation market, 2017 - 2030 (USD Million)
- TABLE 90 Mexico application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 91 Mexico application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 92 Mexico application transformation market, by end-use, 2017 - 2030 (USD Million)
- TABLE 93 MEA application transformation market, 2017 - 2030 (USD Million)
- TABLE 94 MEA application transformation market, by type, 2017 - 2030 (USD Million)
- TABLE 95 MEA application transformation market, by enterprise size, 2017 - 2030 (USD Million)
- TABLE 96 MEA application transformation market, by end-use, 2017 - 2030 (USD Million)
List of Figures
- FIG. 1 Market segmentation and scope
- FIG. 2 Application transformation market, 2017 - 2030 (USD Million)
- FIG. 3 Application transformation market - Value chain analysis
- FIG. 4 Application transformation market - Market dynamics
- FIG. 5 Key opportunities prioritized
- FIG. 6 Application transformation market - Key company market share analysis, 2021
- FIG. 7 Application transformation market - Porter's five forces analysis
- FIG. 8 Application transformation market - PESTLE analysis
- FIG. 9 Key companies operating in the market
- FIG. 10 Application transformation market, by type, 2021 & 2030
- FIG. 11 Application transformation market, by enterprise size, 2021 & 2030
- FIG. 12 Application transformation market, by end-use, 2021 & 2030
- FIG. 13 Application transformation market, by region, 2021 & 2030
- FIG. 14 Regional marketplace: Key takeaways
- FIG. 15 North American regional market: Key takeaways
- FIG. 16 Europe regional market: Key takeaways
- FIG. 17 Asia Pacific regional market: Key takeaways
- FIG. 18 Latin America regional market: Key takeaways
- FIG. 19 MEA regional market: Key takeaways
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