Application transformation market will reach an estimated value of USD 22.09 billion and grow at a CAGR of 12.25% in the forecast period of 2021 to 2028.Application transformation is defined as a term that decreases the number of applications in the organization to moving application to get required governance and compliance.
Their main aim is to help the IT department so that they can solve the problems related to social media and mobile computing within the enterprise. Some of the common services are cloud application migration, UI modernization, application portfolio assessment, and post modernization. They are widely used in industries such as banking, manufacturing, healthcare, retail, IT and telecommunication.
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Major Market Competitors/Players: Global Application Transformation Market
The major players covered in application transformation market report are Atos SE, Tech Mahindra Limited, FUJITSU, HCL Technologies Limited, Cognizant, Pivotal Software, Inc., Accenture, IBM Corporation, Tata Consultancy Services Limited, Unisys, Hexaware Technologies, Oracle, Micro Focus, Bell Integrator and Microsoft among other domestic and global players.
Segmentation: Global Application Transformation Market
- On the basis of service, the application transformation market is segmented into application portfolio assessment, cloud application migration, application replatforming, application integration, UI modernization and post modernization.
- Based on organization, the application transformation market is segmented into small and medium-sized businesses and large enterprises.
- The application transformation market is also segmented on the basis of vertical into retail, IT and telecommunication, healthcare, banking, financial services, and insurance, government and manufacturing.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
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Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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