Market Research Report
Global Application Transformation Market 2019-2025
|Global Application Transformation Market 2019-2025|
Published: November 12, 2019
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
The global application transformation market is expected to witness a significant growth rate during the forecast period. Application transformation enables enterprises to reduce the number of applications used within the organization. It also helps organizations to move their applications to the cloud along with reducing the entry cost threshold and keeping applications updated to match the market requirements as well as government regulations. Enterprises are integrating cloud, social media, and Big Data for creating disruptive business models fueled by tightly linked networks and IT ecosystems.
The application transformation market is segmented on the basis of service and verticals. Based on the application, the market is segmented into application integration, cloud application migration, application re-platforming, application portfolio assessment, and others. Application integration is expected to hold a prominent share in the global application transformation market. Further, on the basis of verticals, the global application transformation market is segmented into BFSI, IT & telecom, retail, government, healthcare, and others. BFSI is expected to hold a significant share while the retail industry is expected to grow at a remarkable rate during the forecast period.
Geographically, the market is segmented into four major regions; North America, Europe, Asia-Pacific and the Rest of the world (RoW). Among these, North America is expected to hold a prominent position in the global application transformation market. The market growth is attributed to the presence of well-established IT infrastructure across the region. Further, the report covers the analysis of several players operating in the market. Some of the major players operating in the global application transformation market include IBM Corp., Oracle Corp., SAP SE, Asysco B.V., Bell Integrato Inc., Accenture PLC, Unisys Corp., Cognizant Technology Solutions Corp., and others. These players adopt various organic and inorganic growth strategies such as merger and acquisition and product launch to strengthen their presence in the global market.
The market study of the application transformation market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report is intended for application transformation software vendors, system integrators, tech investors, existing companies and new entrants into the market, potential investors and venture capitalists, government organizations, various end-user industries, and other market participants for the overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the company and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report Covers:
GLOBAL APPLICATION TRANSFORMATION MARKET RESEARCH AND ANALYSIS BY SERVICE, 2018-2025 ($ MILLION)