An agile transformation strategy refers to long-term goals toward the transformation of an organization’s culture and product delivery methods according to the Agile Manifesto. Different types of services such as planning, assessments, coaching, and others are required for transforming an organization from traditional methodologies to agile. This transformation helps in achieving regular communication, feedback sessions, constant collaboration, and continuous stakeholder management among the organization and its employees, and is considered critical for the success of any project. By adopting agile, multiple agile teams can take benefits through regular collaboration, communication, and updates, and achieve higher visibility across the business. The U.S. enterprise agile transformation services market was valued at $4,915.43 million in 2018, and is projected to reach $18,189.32 million by 2026, registering a CAGR of 17.9% from 2019 to 2026.
Upsurge in need for faster time-to-market in product development, continuous changes in business needs, and increase in need for better communication & collaboration among businesses, along with shift in preference from traditional transformation toward agile transformation are the key factors that drive the growth of the U.S. enterprise agile transformation services market. Several benefits of agile transformation, such as reduced costs, more flexibility, quicker time to release, better predictability & quality, and early risk detection boost the adoption of this process among organizations. However, certain issues associated with adoption of agile transformation, such as structural complexities and other architectural complexities are expected to hinder the growth of the market. On the contrary, rise in adoption of agile approaches among major non-IT industries, such as manufacturing, retail, and transportation, and emerging applications of agile approaches in growing Big Data-based complex landscape are expected to present major opportunities for market expansion during the forecast period.
The U.S. enterprise agile transformation services market is segmented based on methodology, service type, organization size, industry vertical, and region. Depending on methodology, the market is divided into scrum, scrumXP, scrumban, kanban, custom hybrid, and others. By service type, it is categorized into agile readiness assessment, training & coaching services, development services, consulting, and others. On the basis of organization size, it is bifurcated into large enterprises and SMEs. As per industry vertical, it is classified into, BFSI, IT & telecom, retail, media & entertainment, government & public sector, manufacturing, healthcare, and others. Region wise, it is analyzed across Western U.S., Southeastern U.S., Southwestern U.S., Northeastern U.S., and Midwestern U.S.
The report analyzes the profiles of key players operating in the market, including Accenture Plc., Agile Sparks Broadcom Inc., Endava Plc, Hexaware Technologies Limited, International Business Machines Corporation, LeadingAgile, Symphony Solutions, Xebia Group, and Cognizant Technology Solutions Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
BY METHODOLOGY
BY SERVICE TYPE
BY ORGANIZATION SIZE
BY INDUSTRY VERTICALS
BY REGION
KEY MARKET PLAYERS PROFILED IN THE REPORT
The U.S. enterprise agile transformation services market is segmented based on methodology, service type, organization size, industry vertical, and region. Depending on methodology, the market is divided into scrum, scrumXP, scrumban, kanban, custom hybrid, and others. By service type, it is categorized into agile readiness assessment, training & coaching services, development services, consulting, and others. On the basis of organization size, it is bifurcated into large enterprises and SMEs. As per industry vertical, it is classified into, BFSI, IT & telecom, retail, media & entertainment, government & public sector, manufacturing, healthcare, and others. Region wise, it is analyzed across Western U.S., Southeastern U.S., Southwestern U.S., Northeastern U.S., and Midwestern U.S.
The report analyzes the profiles of key players operating in the market, including Accenture Plc., Agile Sparks Broadcom Inc., Endava Plc, Hexaware Technologies Limited, International Business Machines Corporation, LeadingAgile, Symphony Solutions, Xebia Group, and Cognizant Technology Solutions Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the U.S. enterprise agile transformation services market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities along with their impact analyses on the market is included in the study.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2018 to 2026 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY METHODOLOGY
- Scrum
- ScrumXP
- Scrumban
- Kanban
- Custom Hybrid
- Others
BY SERVICE TYPE
- Agile Readiness Assessment
- Agile Training & Coaching
- Agile Development
- Agile Consulting
- Others
BY ORGANIZATION SIZE
- Large Enterprises
- Small & medium Enterprises
BY INDUSTRY VERTICALS
- BFSI
- IT & Telecom
- Retail
- Media & Entertainment
- Government & Public Sector
- Manufacturing
- Healthcare
- Others
BY REGION
- Western U.S.
- Southeastern U.S.
- Southwestern U.S.
- Northeastern U.S.
- Midwestern U.S.
KEY MARKET PLAYERS PROFILED IN THE REPORT
- Accenture Plc.
- Agile Sparks
- Broadcom Inc.
- Endava Plc
- Hexaware Technologies Limited
- International Business Machines Corporation
- LeadingAgile
- Symphony Solutions
- Xebia Group
- Cognizant Technology Solutions Corporation
- Others
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: U.S. ENTERPRISE AGILE TRANSFORMATION SERVICES MARKET, BY METHODOLOGY
CHAPTER 5: U.S. ENTERPRISE AGILE TRANSFORMATION SERVICES MARKET, BY SERVICE TYPE
CHAPTER 6: U.S. ENTERPRISE AGILE TRANSFORMATION SERVICES MARKET, BY ORGANIZATION SIZE
CHAPTER 7: U.S. ENTERPRISE AGILE TRANSFORMATION SERVICES MARKET, BY INDUSTRY VERTICAL
CHAPTER 8: U.S. ENTERPRISE AGILE TRANSFORMATION SERVICES MARKET, BY REGION
CHAPTER 9: COMPANY PROFILE
Executive Summary
According to the report titled, 'U.S. Enterprise Agile Transformation Services Market by Methodology, Service Type, Organization Size, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2019-2026,' the U.S. enterprise agile transformation services market size was valued at $4,915.43 million in 2018, and is projected to reach $18,189.32 million by 2026, registering a CAGR of 17.9% from 2019 to 2026.The growth of the U.S. enterprise agile transformation services market is attributed to rise in need for accelerated product development, continuous changes in business needs, and increase in need for better communication & collaboration among businesses, along with the rise in shift from traditional transformation toward agile transformation are the key factors that drive of the growth of the U.S. enterprise agile transformation services market. Several benefits of agile transformation, such as reduced costs, more flexibility, quicker time to release, better predictability & quality, and early risk detection boost the adoption of this process among organizations. However, certain issues associated with adoption of agile transformation, such as structural complexities and other architectural complexities are expected to hinder the U.S. enterprise agile transformation services market growth.
Furthermore, emerging applications of agile approaches in growing Big Data-based complex landscape are expected to present major opportunities for market expansion during the forecast period. In addition, agile transformation is revolutionizing the way business works and is future-proofing organizations with digitalization. Also, its flexile framework is capable to adopt continuously changing external competitors, internal factors, industry trends, and new technologies.
The scrum segment accounted for the overall U.S. enterprise agile transformation services market size in 2018 and is expected to remain dominant during the forecast period, due to increase in need to efficiently manage the team structure and work. Furthermore, the custom hybrid segment is expected to grow at a rapid pace throughout the forecast period.
Western U.S. accounted for the highest U.S. enterprise agile transformation services market in 2018 and is projected to remain dominant during the forecast period, owing to presence of major market players in the country. In addition, increase in demand for agile transformation services from small-scale industries in fueling the U.S. enterprise agile transformation services market share in this region. Moreover, Southwestern U.S. is expected to attain the highest CAGR during the forecast period, due to growth in number of small-scale enterprises and start-ups with in-built DevOps and core technical practices in this region. Moreover, rise in awareness about agile transformation services and surge in need to reallocate resources skillfully is also anticipated to drive the U.S. enterprise agile transformation services market in this region.
Key Findings of the U.S. Enterprise Agile Transformation Services Market:
Based on service type, the development services segment is expected to exhibit significant share in the U.S. enterprise agile transformation services market during the forecast period. The growth of this segment is mainly attributed to the evolving technologies and growing need to transform industries.
Based on organization size in U.S. enterprise agile transformation services market analysis, the large enterprises segment generated the highest revenue share in 2018. With the growth in customer expectations, the need to operate and provide faster services to customers is fueling the market growth of this segment.
The key market players profiled in the U.S. enterprise agile transformation services industry include Accenture Plc., Agile Sparks Broadcom Inc., Endava Plc, Hexaware Technologies Limited, International Business Machines Corporation, LeadingAgile, Symphony Solutions, Xebia Group, and Cognizant Technology Solutions Corporation, and others.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | July 2019 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 4915.43 million |
| Forecasted Market Value ( USD | $ 18189.32 million |
| Compound Annual Growth Rate | 17.8% |
| Regions Covered | United States |
