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Application Modernization Services - Global Market Trajectory & Analytics

  • ID: 4805095
  • Report
  • September 2020
  • Region: Global
  • 144 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • ACCENTURE
  • ASYSCO, INC.
  • ATOS SE
  • BELL INTEGRATOR
  • CAPGEMINI FRANCE
  • FUJITSU
  • MORE
Global Application Modernization Services Market to Reach $32.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Application Modernization Services estimated at US$9.6 Billion in the year 2020, is projected to reach a revised size of US$32.9 Billion by 2027, growing at a CAGR of 19.2% over the analysis period 2020-2027. Application Integration, one of the segments analyzed in the report, is projected to record a 20.2% CAGR and reach US$13.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Application Migration segment is readjusted to a revised 19.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 18.4% CAGR

The Application Modernization Services market in the U. S. is estimated at US$2.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2027 trailing a CAGR of 18.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 16.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.

Application Replatforming Segment to Record 18.8% CAGR

In the global Application Replatforming segment, USA, Canada, Japan, China and Europe will drive the 18.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$3.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4 Billion by the year 2027. We bring years of research experience to this 9th edition of our report. The 144-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Accenture
  • Asysco, Inc.
  • Atos SA
  • Bell Integrator
  • Capgemini SE
  • Cognizant Technology Solutions Corporation
  • Fujitsu Ltd.
  • HCL Technologies Ltd.
  • IBM Corporation
  • Macrosoft Inc.
  • Micro Focus International PLC
  • Oracle Corporation
  • Tech Mahindra Ltd.
  • UST Global
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • ACCENTURE
  • ASYSCO, INC.
  • ATOS SE
  • BELL INTEGRATOR
  • CAPGEMINI FRANCE
  • FUJITSU
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Application Modernization: An Introduction
  • Application Modernization Services and Benefits
  • Rationalizing Applications
  • Migrating to Cloud Platform
  • Developing New Applications for Cloud
  • Using Automation and AI
  • The Need and Strategy for Modernizing Legacy Systems
  • Key Migration Options for Modernizing Applications
  • Creating Business Value from Existing Apps
  • Key Services
  • Application Integration
  • Cloud Application Migration
  • Application Replatforming
  • Application Portfolio Assessment
  • Application Modernization Services: Industry Overview
  • US Dominates with Largest Market Share
  • Application Integration: Leading Services Segment
  • Small and Medium Enterprises: Fastest Growing Organization Size Segment
  • Key Vendors in the Application Modernization Services Marketplace
  • Global Competitor Market Shares
  • Application Modernization Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Customer Centered Innovation: New Approach to Modernization
  • Migration Strategy and Planning: Key to Success of Cloud Migration
  • Serverless Solution to Applications Modernization
  • Strategies for Application Migration: Replatform or Rehost
  • Replatforming: Maximizing Profits through Porting Business Application to Cloud
  • Cloud Migration Drive Transformation in Restaurant Industry
  • Transforming Legacy Systems: Why and How
  • Modernization of Legacy System: Preparing for Digital Future
  • Legacy Modernization: Challenges
  • Application Modernization: Key Challenges
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Application Modernization Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Application Modernization Services Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
  • TABLE 3: Application Integration (Service) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 4: Application Integration (Service) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
  • TABLE 5: Cloud Application Migration (Service) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 6: Cloud Application Migration (Service) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
  • TABLE 7: Application Replatforming (Service) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Application Replatforming (Service) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • TABLE 9: Application Portfolio Assessment (Service) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • TABLE 10: Application Portfolio Assessment (Service) Market Share Breakdown by Region/Country: 2020 VS 2027
  • TABLE 11: Other Services (Service) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 12: Other Services (Service) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • TABLE 13: Large Enterprises (Organization Size) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
  • TABLE 14: Large Enterprises (Organization Size) Market Percentage Share Distribution by Region/Country: 2020 VS 2027
  • TABLE 15: SMEs (Organization Size) Market Opportunity Analysis Worldwide in US$ Million by Region/Country: 2020 to 2027
  • TABLE 16: SMEs (Organization Size) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Application Modernization Services Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 17: United States Application Modernization Services Market Estimates and Projections in US$ Million by Service: 2020 to 2027
  • TABLE 18: United States Application Modernization Services Market Share Breakdown by Service: 2020 VS 2027
  • TABLE 19: United States Application Modernization Services Market Estimates and Projections in US$ Million by Organization Size: 2020 to 2027
  • TABLE 20: United States Application Modernization Services Market Share Breakdown by Organization Size: 2020 VS 2027
CANADA
  • TABLE 21: Canadian Application Modernization Services Market Estimates and Forecasts in US$ Million by Service: 2020 to 2027
  • TABLE 22: Application Modernization Services Market in Canada: Percentage Share Breakdown of Sales by Service for 2020 and 2027
  • TABLE 23: Canadian Application Modernization Services Market Estimates and Forecasts in US$ Million by Organization Size: 2020 to 2027
  • TABLE 24: Application Modernization Services Market in Canada: Percentage Share Breakdown of Sales by Organization Size for 2020 and 2027
JAPAN
  • TABLE 25: Japanese Market for Application Modernization Services: Annual Sales Estimates and Projections in US$ Million by Service for the Period 2020-2027
  • TABLE 26: Japanese Application Modernization Services Market Share Analysis by Service: 2020 VS 2027
  • TABLE 27: Japanese Market for Application Modernization Services: Annual Sales Estimates and Projections in US$ Million by Organization Size for the Period 2020-2027
  • TABLE 28: Japanese Application Modernization Services Market Share Analysis by Organization Size: 2020 VS 2027
CHINA
  • TABLE 29: Chinese Application Modernization Services Market Growth Prospects in US$ Million by Service for the Period 2020-2027
  • TABLE 30: Chinese Application Modernization Services Market by Service: Percentage Breakdown of Sales for 2020 and 2027
  • TABLE 31: Chinese Application Modernization Services Market Growth Prospects in US$ Million by Organization Size for the Period 2020-2027
  • TABLE 32: Chinese Application Modernization Services Market by Organization Size: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
  • Market Facts & Figures
  • European Application Modernization Services Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 33: European Application Modernization Services Market Demand Scenario in US$ Million by Region/Country: 2018-2025
  • TABLE 34: European Application Modernization Services Market Share Shift by Region/Country: 2020 VS 2027
  • TABLE 35: European Application Modernization Services Market Estimates and Forecasts in US$ Million by Service: 2020-2027
  • TABLE 36: European Application Modernization Services Market Share Breakdown by Service: 2020 VS 2027
  • TABLE 37: European Application Modernization Services Market Estimates and Forecasts in US$ Million by Organization Size: 2020-2027
  • TABLE 38: European Application Modernization Services Market Share Breakdown by Organization Size: 2020 VS 2027
FRANCE
  • TABLE 39: Application Modernization Services Market in France by Service: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 40: French Application Modernization Services Market Share Analysis by Service: 2020 VS 2027
  • TABLE 41: Application Modernization Services Market in France by Organization Size: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 42: French Application Modernization Services Market Share Analysis by Organization Size: 2020 VS 2027
GERMANY
  • TABLE 43: Application Modernization Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service for the Period 2020-2027
  • TABLE 44: German Application Modernization Services Market Share Breakdown by Service: 2020 VS 2027
  • TABLE 45: Application Modernization Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Organization Size for the Period 2020-2027
  • TABLE 46: German Application Modernization Services Market Share Breakdown by Organization Size: 2020 VS 2027
ITALY
  • TABLE 47: Italian Application Modernization Services Market Growth Prospects in US$ Million by Service for the Period 2020-2027
  • TABLE 48: Italian Application Modernization Services Market by Service: Percentage Breakdown of Sales for 2020 and 2027
  • TABLE 49: Italian Application Modernization Services Market Growth Prospects in US$ Million by Organization Size for the Period 2020-2027
  • TABLE 50: Italian Application Modernization Services Market by Organization Size: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
  • TABLE 51: United Kingdom Market for Application Modernization Services: Annual Sales Estimates and Projections in US$ Million by Service for the Period 2020-2027
  • TABLE 52: United Kingdom Application Modernization Services Market Share Analysis by Service: 2020 VS 2027
  • TABLE 53: United Kingdom Market for Application Modernization Services: Annual Sales Estimates and Projections in US$ Million by Organization Size for the Period 2020-2027
  • TABLE 54: United Kingdom Application Modernization Services Market Share Analysis by Organization Size: 2020 VS 2027
REST OF EUROPE
  • TABLE 55: Rest of Europe Application Modernization Services Market Estimates and Forecasts in US$ Million by Service: 2020-2027
  • TABLE 56: Rest of Europe Application Modernization Services Market Share Breakdown by Service: 2020 VS 2027
  • TABLE 57: Rest of Europe Application Modernization Services Market Estimates and Forecasts in US$ Million by Organization Size: 2020-2027
  • TABLE 58: Rest of Europe Application Modernization Services Market Share Breakdown by Organization Size: 2020 VS 2027
ASIA-PACIFIC
  • TABLE 59: Application Modernization Services Market in Asia-Pacific by Service: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 60: Asia-Pacific Application Modernization Services Market Share Analysis by Service: 2020 VS 2027
  • TABLE 61: Application Modernization Services Market in Asia-Pacific by Organization Size: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 62: Asia-Pacific Application Modernization Services Market Share Analysis by Organization Size: 2020 VS 2027
REST OF WORLD
  • TABLE 63: Rest of World Application Modernization Services Market Estimates and Forecasts in US$ Million by Service: 2020 to 2027
  • TABLE 64: Application Modernization Services Market in Rest of World: Percentage Share Breakdown of Sales by Service for 2020 and 2027
  • TABLE 65: Rest of World Application Modernization Services Market Estimates and Forecasts in US$ Million by Organization Size: 2020 to 2027
  • TABLE 66: Application Modernization Services Market in Rest of World: Percentage Share Breakdown of Sales by Organization Size for 2020 and 2027
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
3 of 3
  • ACCENTURE
  • ASYSCO, INC.
  • ATOS SE
  • BELL INTEGRATOR
  • CAPGEMINI FRANCE
  • COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
  • FUJITSU
  • HCL TECHNOLOGIES
  • IBM CORPORATION
  • MACROSOFT
  • MICRO FOCUS INTERNATIONAL PLC
  • ORACLE CORPORATION
  • TECH MAHI
Note: Product cover images may vary from those shown
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