Market Research Report
Europe Application Transformation Market (2019-2025)
|Europe Application Transformation Market (2019-2025)|
Published: June 30, 2019
Content info: 135 Pages
Delivery time: 1-2 business days
The Europe Application Transformation Market would witness market growth of 11.4% CAGR during the forecast period (2019-2025).
Europe is one of the leading regional markets and is likely to experience remarkable growth over the coming years. The market growth is mainly due to the rising demand for retail application sectors. Emerging technologies coupled with significant cost reductions in cloud deployment models are some of the major contributing factors to the growth of application transformation market in Europe. Further, strong technical expertise and a bigger IT budget are driving the market in Europe. Major developers in Italy are currently working on legacy applications: products and services which have been built, maintained and updated over long periods of time. Therefore, the market players in the country are progressively transforming their legacy portfolio to cloud-native for incrementally reducing time, cost, and operational inefficiencies along with maintaining security, flexibility, and compliance. Atos, a global leader in digital transformation, was recently awarded two huge outsourcing contracts by Siemens, for driving the company's digital transformation program.
Based on Services Type, the market is segmented into Application Integration, Cloud Application Migration, Application Portfolio Assessment, Application Replatforming, UI Modernization and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on End User, the market is segmented into Retail, Healthcare & Life Sciences, Manufacturing, Government & Public Sector & Legal, Telecom & IT, BFSI and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Adobe Systems Inc., Asysco B.V., Bell Integrator, Inc., Accenture PLC, Unisys Corporation, Cognizant Technology Solutions Corporation, and Dell Technologies, Inc.