Worldwide Application Management Services Forecast, 2022-2026

This IDC study presents forecasts of spending (customer expenditures) for the application management (AM) services market for 2022-2026. The research contained in this forecast includes advice to AM service providers, an analysis of key market and industry trends by importing market, key market drivers and inhibitors, significant market developments, and highlights of key changes from the prior forecast. This study also updates the previous forecast published in Worldwide and U.S. Application Management Services Forecast, 2021-2025 (IDC #US47613921, April 2021).Pete Marston, research director of Worldwide Intelligent Application Services at IDC, explains, "Growth for application management services far exceeded expectations in 2021. IDC expects that application management services markets will continue to grow over the forecast period as IDC has observed application portfolios continuing to expand, and buyer demands are high for talent with diverse application portfolio management expertise. IDC believes that service provider investments in automation and analytics will continue to advance to support growing buyer needs, and continued bundling of various services - such as application portfolio and optimization assessments, application development and testing, and modernization and migration - will aid providers with buoying future growth."